New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-15
is 1T A SOUTH AFRICA BUBBLE
LONDON BROKERS MAKE FORTUNES. AND
BARNATo LEADS THEM ALL
TO ABOLISH SUGAR BoUNTIEs-CARDINAL
vAUGHANs REPLY-wAGEs HERE AND IN
ENGLAND-FoR REFORM IL THE

LAWS OF NATIONS
London. Sept H-The speculative mania in South
African stocks shows sign OF abatement. Stock
Exchange dealers compare the present time WIN
that OF Laws Mississippi imitation in France ana
the South Sea bubble In England. Men, who were
financially broke" two months ago now boast that
they are worth tens of thousands OF pounds. Stocks
that quoted In June at q are now quoted AT
fic Brokers who were recently struggling to Keep
their heads above water now employ large corps
of clerks and net enormous profits. Barney Barnao,
the leader OF the BOOM who at time was an
itinerant juggler is a multi-millionaire He Is
about to build a palace in Piccadly. which VIII
cost $4,000. In the mean time he has leased Earl
Spenccr's house. Despite the success of his Bar
nato Bank and every other scheme into which he
has entered he has not succeeded in entering the
highest financial circle which Is also operating in
South Africa but which holds itself aloof from Mr..
Barnato The speculative spirit extends to other
branches OF the Stock Exchange and gives impetus
TO business generally.
The West India Committee has actively taken up
the cause of the sugar-growers. and 1t will use
every possible influence to induce the Government
TO reopen the negotiations with foreign Powers
relative to the abolition OF sugar bounties. Joseph
Chamberlain the Colonial Secretary. has assented
to meeting "A deputatlon OF representatives OF the
sugar-growers. His we-known. views as to the
futlity OF negotiations the subject do not dis-
courage the deputation Some OF Mr.. ChamDer-
lan's colleagues in favor of attempting to re-
open the question on the basis Of Baron de Worms
proposed convention OF 1883. The depuaton Will
also ask for the establishment Of some system OF
countervail!ng duties.
The Catholic conference that Is annually held IN
England under the auspices Of the Catholic truth
Society has hitherto been treated by the press as
unworthy of mention. 1t has this year suddenly
assumed the Importance OF leading congress Inc
conference began at Bristol on Monday and ter
minated Thursday. The questions before the
conference were new. but the meeting derived
unwonted interest from Cardinal Vaughans ad-
dress on Christian Reunion. The Archbishop OF
Canterburys recent misslve on this subject. which
was a reply to the Pope's letter to the English peo
pie, required a reply. and Cardinal Vaughan gave IL
in such clear terms will end discussion WITHIN
the Anglican Church on the basis Of an agreement
with the Roman Catholic Church The kernel Of
the question of TIE reunion OF Chrlstendom, said
Cardinal Vaughan. consisted IN the admission Of the
Roman claim that the Pope had received by divine
right authority to teach and govern the whole
Church The essence of the Anglican position was
negation OF the Roman claim. Until this Claim was
admitted no bass OF reunion was possible.
The report accepted as true among the men,
bers of the congress that the next consstory at
Rome another cardinal will be created for England
The congress concluded Thursday with a pill
grimage to Glastonbury Abbey, the Oldest shrine In
England.
A paper cad by A. l.. Bowley before the British
Association for the Advancement OF Science now
in session at Ipswich. made a comparison of the
wages paid In England and America. The paper
concluded
tries rising 20 the maximum In 1873 then a.ling to
the minimum in 1850; again rising until 1881; when
between money wages and relative real wages as
affected by wholesale prices, Il was found that real
cent from 1850 to 1891 In America they with the
same rapidly until iW wnen hey We're ,,S GnecK Tsq
when they were co per cent higher than In 1860 The
data did not cover agricultural wages
Several American lawyers expected to attend
the seventeenth conference OF the Association for
the Reform and Codhcation Of the Laws Of Ma
lions which is to be held at Brussels. commencing
to change the OF the organization to the Inter
% in de aT w Se dvered bS the
Sir Richard Webster, at present Attorney-General
this Meeting are Included: International Arbltra-
ton" The NATURALIZATION of Seas and nteroceanic
liability for Collision at Sea Where Both Vessels
Are at Fault
Ex-Prime Minister Rosebery returned to London
IN the rago that he Intends to to- visit America
DR. Pentecost has resumed his ministry at the
Marylebone Church. and great crowds attend the
services.
Dr. Millburn has completed three weeks services
at Canonbury. where he made himself very popular
DIR. Hugh Johnstone Of Washington is preaching
| at the Crouchend Church. and is drawing a large
| congregation.
A court report is current that the Car and
| Czarna coming to England next June.
William Waldorf Astor's splendid business house
| on the Thames Embankment has been completed.
| When the boardngS removed II was seen that
the building Is surrounded by a unique wrought
| iron palisade. 1t Is the cosest fence around any
| private building of the size in London. Mr..
/ AgfO O
den estate TO prevent anybody from looking IN.
| Mr. Keir Hardie writes from Pittsburg that he
| finds on all sides growing belief that Socialism is
| mertable. quite number OF Journalists and So
cialiss he says, met Judge Dobson, OF Kansas, who
is a man of refinement and taste. Mr. De Leon, the
| editor of THE People" according 10 Mr. Hardie,
| looks like a Communard manning barricade. He
! adds: "Iucien Sanel tells you that he is a man OF
| acts not words. Personally did not find Saniel's
/ supply OF words At all limited
| Mr. Richard Croker sailed for New-York to-day
| on the steamer Columbia from Southampton
Mr. Pnsbury who recently won the champion
! shin al the chess tournament at Hastings. the
/ guest yesterday of the British Chess Club He is
| about TO start on tour of Liverpool Manchester
Petersburg Ike part In the tournament there In
| November. Pisbury has not yet decided whether
| he VIII go to the Russian capital
Senator Bacon. of Georgia will sail for New-York
! on the steamer Teutonic on September is.
TALK WITH RICHARD CROKER.
/ HE MAY TAKE SOME INTEREST IN POLITICS HERE
HIS RACING PLANS
London. Sept 1i-In an interview with Richard
/ Croker on his visit to the United States he said
/ that he was going there private business With
regard TO political movements there he knew little
] although he might be induced take some interest