The sun., 1894-03-07
BRITISH POLITICS.
zE INTERVIEW WIFE mn HoRE1oN
FREWEN.


berry .ua rsaersusu-Ths Suvsr ose--
| tiou in Eaaia.d-Cou,usree Rstvvser Enr-
isnd sss Arnsries Practically Suspended.
Mr.. Moreton Frewen. who is now In New
York. in discussing with our representative
| the political situation in England. presented
| this view OF the present CRISIS: ..
1T 10 remarkable" said Mr.. Frewen, that
Americas special interest in Lord Rosebery
has been thus far lost sight Of Our new Prime
Minister Is the founder and think the nrst
| President OF the Imperial Federation League.
| 1 have always understood that Lord Rose
| bery's enthusiasm for the federal principle Of
| Government, dates back to his study OF your
| Constitution. probably under the tutelaRe OF
| the late Mr.. Sam Ward and Senator Evarts.
But, be this as Il may. the idea ofa great group
| OF hons-ruline States: Scotland. ireland. Can
| ada Australia. and South Africa sending their
Senators to Westminster. this IL the writing
| on the wall ss Lord Rosebery sees IL Indeed,
| II represents his only political enthusiasm.
remember he said Of II in his last speech. 1t
| is cause to live for; yes. and . cause to die
| for, II iced bel' II our new Prime Minister Is
| to go a-RunninR' after the House OF Lords.
| this will be his propaganda.
And you think. Mr.. Frewen. this Is the svo-
luton OF home ruler"
Yes. hope 80 most sincerely; as Sir Her
culss Robinson said in 1885. ireland. the
Irish demand. was destined to save the Brit
ish empire Mr.. Gladstone's parochlal con-
ception Of homo rule rsvolted many Of US; be-
yond all doubt It revolted Lord Rosebsry.
Many men who havo been on the fence will
now come back to political lie. I don't see
why II may not be Lord Rossbery's destiny to
reGssomble the boiling Wings. the Dukes. the
hnanciers, Mr.. Goschen. Mr.. Chamberlain. and
othera Mr.. parnslrs text was. ireland q ma
tion; break the last link and Mr.. Gladstone
took this ultra national view OF the homo rule
demand. Just as he did In your case when
he said Jefferson Davis had made
nation On the other hand. Lord Rose
berry believes In the State right ot
Ireland, not the State sovereignty
theory OF Mr.. Gladstone Our younger mon all
the world over are working for home rule that
way. Rhodes Is federating south Africa to the
Zambssi; the federal movement Is going for
ward In Australia now; Sir John Macdonald
| federated Canada. a quarter OF century be-
fore that federation was needed by the empire:
great links in a chain OF homo ruling States"
And tho Crown. Mr.. Frewen%
Tho Crown Is the symbol OF Federal unity;
We don't want Presidential elections. they cost
too much money"
And what is the inducement you offer Can
ada to come imp
Cheap money; our credit II tho best; and.
what Is more important. colonial representa-
tion at Westminster may bring free inter- state
trade and that Is the best cement OF all"
But Lord Rosebsry is not likely to realize
this programme ut the present timer"
"Oh no: 1t will be q short-lived Ministry this;
but what 10 all important is that we ACCEPT
his apostolic succession Mr.. Gladstone
seems to say 'Morlsy's scheme OF homo rule
which fathsred. is a failure; now l clothe
| you with my mantle; go on and see whether
ba nj vuifh incidAntal prOtAc-
tion and colonial representation. may realize
| Oceana'. as you imagine 10 possible"
Now. Mr.. Frewen. few words on business
| In England: how do matters stand2'
Much as they do here. though here. In
| deed. thers seems to be some improvement;
but with us none. OF course. there are som
cause there is dsrk ness. therefore II is safe to
.ss'fS sso no signs of Improvement but rather the
reverse. We are discounting the benefits
Wilson ii 6iii. In XustrailS times are so bad
that those colonies are re TsdusinG theiT Loans Loans
1d sof. p money countriss Every rise in The gold
premium increases their exports. and reduces
Persia tPe sns s, GhieI and tpa X:
%hs
entire industries; for example. OF eighty-siT
La9eashirs ,p9 G9tton companies sixty passed
' Pray explain thi. exchange trouble. II pos
sihls. in popular lsneuage.
our goods. The China dollar mas fallen In gold
psnes ps%s aSd is .t falling SSS SOw Wages N chss
and India snd prices n hoss Sount.es have
esSs asHnot q buy viii Zach ts..A s 10 sSs ss:
s1poi.Iag f.SIis: W. export the maehlHsfS % %
But our professors here tell us that inter.
national trade is intern Ational barter. and that
iSs is sxchsaSss, & SS In short % cut % no fgSrs. S '
II think better o. your % professors $50, than 70
Wake walker to little W purpose II yca think ,hus In
these days OF ENORMOUS foreign credits, trade
BALANCES depend on the state OF the BIZ mar.
yearly 500 600, 900 OF silver that Is, OF silver
bills. which bills have to be met by Indian OK
eSsr. When Mr. Giadstons was about to close
the Indian mints last June and give 300 600:
honest monsS some Of, US rather timidis sug.
Es.ted that lust IA. z. the fall IN n, the rupee
cotton so now rise in the rupee rates
| with England. and especially with China,
TSsettle her iavorsbls, trade 5siancs. which
balance alone enabled her to pay her debts
I Tsrs IN ssoatsd % at tnsess S s ys5 sas
| cranks. and what have We seem We have
| seen. to our amAzement trade revolution In
India such as we never AntlcipAted for a mo-
msnt The balance OF trade which had favored
| India during all the years when silver was
falling IL now. In four months reversed. and
| this Notwithstanding that India has had a
| good harvest. and you her great competitor.
esting the very day after the free coinage OF
| silver was stopped In India. her exports to
! and have now fallen on an entire half Who
| is there that IL too old or too prsiudiesd
| TO take TO heart such an object lesson
as this! You have now got silver down be-
| cause OF demo etizatlon to 80 cents an ounce
| and H. as I believe. is inevitable the Indian
| be reopensd yop will SEQ the buShel Of Mime
| sofa wheat selling In London for 80 cents;
| even II We admit that the opsninK OF the In
dian mints will raise the price of silver 10 b5
| cents even thus, your wheat will have to sell
| for 05 cents in London. Do you not see that
the cost OF producing the bushsl OF wheAti in
covered by an ounce OF silver bullion so long
as that ounce freely coined is ~ rupees and
unless those rupees lose their value. their
nufeha6inR mower In India"