New-York tribune., 1895-10-13
THE NEWS OF EUROPE.
EASTERN POLICIES STILL HAZY AND I'M
DEFINED.

CHURCH CONGRESS
NEwMARKEr-LITTLE INTEREST
IN THE sAcKvILLE FAM
PHLET-PERsoNAL ITEMS.
fBY CABLE 10 THE TRIBrNEI
rop.,,cht 1898, BY the Tribune Assoefrnon.
London. Oct I2-Lord 5alisbury's return to
England was probably hastened by the TURKISH
situation Mr. Goschen has also arrived from
Switzerland unexpectedly These two facts are
promising rather than ominous. 1t Is at ieast
safe inference that the heads OF the Foreign once
and the Admiralty in their consultation yesterday
afternoon had something to say about the eHpe-
diency OF some movement OF the feet In TURKISH
waters. Six Powers have addressed an urgen'
note TO the Porte on the dangerous conditioh ot
the public excitement in Constantinople, ana the
usual guarded reply has been sent. The Armenian
refugees have withdrawn from the churches under
the escort Of the dragomans OF the various en-
bassies. and the situation is less critical than u
was.
Another long chapter Of diplomacy has been
opened and. unless the British fleet moves. notes
will be exchanged week after week until the recent
riots have passed entirely out Of mind. 1t Is the
presence of this fleet of Lemnos that keeps the
Sultan in state Of nervous tension. Punch
tells the story in Sir John Tennieps way by de-
picting the unspeakable Turk looking with
scared face over high wall. while Lord Salisbury
sets his dog on the Chinese dragon. naval
demonstration may force the solution Of the Ar
menan question diplomacy will accomplish MOTH
ing when France and Russia are alike inslncere
In supporting England The Sultan takes the
view that In the Constantinople riots, as In the
SassOon massacre, the Armenians alone were 10
blame and has thanked the SOftas and street
rowdies who butchered them. lie evidently be-
lieves that Europe will resort to coercion and
that Lord Salisbury is only trying 10 frighten
him. Possibly he also dreal Is the Mahometan
spirit which is resenting Christian advice to Mus
sulmans.
The French are meanwhile rejoicing over the
fall Of Antananarvo and the negotiation OF peace
in Madagascar. The news prematurely an
nounced as a comparison OF the dates OF the ear
Hest and the official dispatches shows but 1t was
a safe guess, whoever made It. and has been fully
confirmed. General Duchesne has conquered nat
ure rather than the Hovas. for they are cow
ardy race who have not fought with any spirit for
their Queen The French flying column had to
battle mainly with trackless forests and fever
breeding swamps and its victory is not without
honor IT was not showy an exploit as the Chi
trail campaign, but the work was brilliant ana
creditable 10 the staff and 20 the rank and hla
It meets with immediate recognition from CRATE.
| ful Government and country. Honors are show
cred upon the officers. and the public buildings
are Illuminated in many cities. The expedition
has been so costly in life and treasure that the
protectorate. In order to satisfy the French will
have to be so complete to be virtually Identical
with annexation. A Apermanent garrison will prob
| ably remain in the capital. but with moderation
| in dealing with a conquered race and sovereign
the staff ought not to have further trouble with
| the natives This military success has rescued
the Ministry from immediate downfall Medals
are distributed and paeans are sounded. and me
| mortality IN the swamps and the bad manage-
ment Of the expedition will SON be forgotten
The Madrid Government has virtually made .
financial deal with Paris syndicate by which
| moderate advances are made to II on the Cuban
account with the assurance that the Spanish rail-
ways in which French investors have large inter-
ests shall have some relief measures from the
| Cortes The advances secured by Cuban con-
| version bonds which authorized some time
| ago. but have been held by the Treasury. The
| Paris syndicate is driving harder bargain than
| the Bank Of Madrid. and is not lending enough
| money to afford the Government much relief.
| Meanwhile, the expenses OF the war in CUBA are
enormous. and the financial situation at Madrid
| is constantly growing worse II the revolt be sup
| pressed another deb; will be saddled upon
| the island which has been paralyzed and crushed
for twenty years by the burdens Of the first war.
| The orange will have been pressed dry, but some
Juice VIII remain t. be squeezed out OF the seeds
| The Spanish garrison Will speedily be increased
to 100 900 men. With the Treasury bankrupt the
war cannot long be continued on an exceptionally
costly scale.
Mining speculation In both Paris and London
has been checked by forced sales and falling
| prices a few weeks ago every operator was buy
ing anything and everything with South Afri-
can name for a rise; but now only the best stocks
are holding their ground. The stringency is
caused by syndicate operations in Paris with Rus
SIAN Spanish and other securities. 1t Is really
great gain. since mining speculation was over
done and II time for the promoters to call
halt The enormous increase in the output OF
gold In the Transvaal is alluring topic for
economists who seeking TO forecast the effect
on the value OF silver and general prices and
making a comparison with the results OF the d.s-
covery OF gold in California and Australia The
reaction In Kafrs has affected the whole market.
and has induced a feeling Of unrest and timidity
In financial circles
A strike in the shlpbuilding trade has been Inn
pending on the Clyde. and one has begun at Bel
fast. but with the possibility OF a speedy compro-
mise
Politics are still stagnaat. the leaders being all
out of London except Lord Salisbury and Mr..
| Goschen Mr. John Redmond's Parnellite mani
festo brings him again To the front the hardest
hitter and bes, ha;er in the Irish party. He raises
! his hand against Mr.. Gladstone. Lord Rosebery
Mr.. Morley. Sir William Harcourt and Mr.. Nc
Carthy's followers. and condemns what he de-
scribes the policy OF humbug which has pre-
vailed FOR three years. Mr.. Redmond is at least
consistent in his loyalty 10 Mr. Parnelrs policy OF
iLann ,Annt n..n.s.L... md ~ Xinnr.us in his