New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-27

two things are certain namely. that RUSSIA mas
NOT found indemnity for China without obtaining
a valuable concession In return, ana tnat Eng
land is not in position to break up any compact
which will increase her great rivals power ana
prestige In Eastern Asia. Vladivostock, which Is
an icebound port one-third OF the year, is NOT a
proper terminus for the transconunental railway
unon which Russia Is expending s200.0OO,OoO
Port Arthur is. the harbor which Russia needs
and cove.s, and II Is not improbable that
she has secured at least the right OF entry
there for her commerce, and anchorage Tor her
Pacific fleet. II the peninsula and connecting
wedge Of Manchuria have not been obtained OUT
right the Japanese are TO retire from Port arthur
when the reduced indemnity is paid at the end OF
January, as it will be- undoubtedly They VIII
be directly menaced by the Russian occupation
and as the final result of the recent war with
China, will have a powerful rival. with navai
base. that commands the approaches to Picking
Unless England be ready to declare war on Russia
and make an offensive and defensive alliance
with japan any bargain which has been made
will be carried out Japan cannot fight Russia
alone much as the English would like to have
her offer resistance. nor can England depend
upon German support since Russia can easily
give assurances at Berlin that German trade shall
not suffer from the new diplomatic agreement
Lord Salisbury evidently has foreign question
on his hands which will heavily tax his resources
and may impair his prestige
Russia. after the occupation Of Port Arthur
will control Northern China and virtually exercise
n protectorate over the Picking Government III
comparison with this challenge to British prestige
IN Eastern Asia. the Venezuelan question Is triv-
!al indeed The State Department ought not TO
be slow to perceive that with so momentous
crisis impending in the East, England cannot al
ford to quarrel with the United States over the
Monroe Doctrine and that high ground taken
and resolutely maintained on the Venezuelan
question will be mpregnable.
The French Budget committee has poured cold
water upon the Governments naval policy by re-
fusng to grant the extra demand for new SHIPS
which NJ Ribot earnestly presented. The econ
omy was forced upon it by the heavy expenses Of
the Madagascar expedition and the necessity OF
providing for the cost Of colonial army
The debates over the Carmaux strike have been
most exciting NJ. Leygues. Minister Of the In
terror has given a clear account of the origin or
the labor revolt against NJ Resseguier. an old
workman who founded stores and sick funds Tor
his men, but objected to having the authority OF
A. trades union substituted for that OF an en-
ployer The Government had sought to effect
compromise but the glassworkers issued mani
festo to their fellow craftsmen in France deciar-
ing upon employers, and the works haa re-
NAMED closed and the authorities had been com
PEELED to maintain order. NJ. Jaures Socianst
Deputy, made most bitter attack upon the Gov
eminent for its intervention in behalf Of the man
ager and astonshed the Chamber by Offering
resolution asking NJ. Brisson 10 become the arbi-
TRAITOR NJ Brsson as President Of the Chamber
deniurred on account of his official position, but
described the struggle at Carmaux as economic
rather than political. and plainly disclosed de-
sire to undertake the functions of a peacemaker
The Ministry is greatly harassed by this labor de-
bate yet can hardly consent to NJ. Brissons act
ing as arbitrator
British politics remain s.agnant. The speeches
Of minor men like Mr.. Trevelyan and Mr.. Curzon
do not make ripple on the surface. THE Chron-
icle" has professed outline of the Government
policy respecting voluntary schools, but 1t is
doubtful II any decision has been reached. The
plan described would increase the grant to board
and voluntary schools five shillings for each schol-
ar but the conditions under which the money
will be given are not defined, and these cover the
controversial ground. 1t is not unlikely that an
Education bill will form part of next years
legislative work. and 1t will probably be a tnan-
cial measure for altering the limits Of the money
grant TO schools without raising the vexed ques-
ton OF religious teaching. The Ministry will
hardly undertake to recast Mr.. Forster's act and
expose Itself to feudG in the Government ranks
and hostile criticism from many quarters.
The accident to the St Louis, involving her dis
placement by the Berlin for to-day's sailing, has
caused great inconvenience to outgoing passen-
gers. The London agent has been overrun with
VIC and has hepr at
his wits end to know new TO dispose of the large
number booked for the ST. Louiss return voyage.
The Berlin will go with every berth taken.
but accommodation was lacking for all. Many
have delayed their passage for week. but others
have had their money refunded. and have taken
q Liverpool ship. The st. Louis will be laid up for
Veveral weeks. Her rudder-frame was broken
high up by tremendous sea, and the vessel was
disabled but the voyage was continued by alter
nation Of screws. 1t was good display of sea-
manship. which highly praised by the be-
lated passengers when they reached port al last
after an unusually stormy voyage
There has been better feeling in the Mining
Exchange this week, but the big operators, while
they have supported the market and tded over
the crisis. after a month Of depression. have not
restored confidence effected permanent set
Element either in London or in Paris The col
lapse In South African shares iss the result OF
speculation induced by abnormal development OF
the Rand properties. Dealings in the best OF
properties can be ev,c4ooe. even when the min
Ing industry is well c..cUc-ed The Kafiir opera
tors BY combining. have arrested the downward
movement Of prices. but they have shown By their
success In this crisis thai the whole course Of
speculation in South Afrcaa shares is IN the
hands Of small group Of capitalists. Rascality
on the part OF promoters and wildcat projects
there have been. but that is not the most serious
evil. The mining market is at the mercy Of small
cliques who can control absolutely companies or
ganlzed with small capital and be bulls or bears
Ing