The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-11-05
ELECTION NEWS IN ENGLAND
LONDON RECEIVED THE NEWS
OF BRYAN'S DEFEAT WITH
FAVOR.
AMBASSADOR DAYARD INTERVIEWED
He Rejoices That the American People
Have Enthusiastically Repudiated Re-
Northumberland and French
Comment on the Election.

presidency of the United States had {
here today. Business on the stock eX
change began with buying. milwaukee,
and Louisville led the advance quickly
followed by the entire list with advances
of 206d, which sent the dealers flying
hatless in every direction to join til,
wild hubbub, while the street customers
were coming up by the dozens.
According to the general impression
the election will result in Il rapid dimnu
ton of the gold Withdrawals for the
| United States, and there is no doubt but
that McKinlcy's victory WILL fayorably
affect the stock exchange throughout
Consols opened 3-Sd higher than yester-
day.
A leading English stock broker, in an
interview of the Associated Press, said
McKinleys election had doomed the
whole market. Large buying orders
suit of the election was known in the
United States and started the market.
The Star remarks: We, in England,
have great reason to rejoice at the over
whclmng defeat of the attack upon Il
gold standard. Great evils may be in
store, but no high tariff can inflict Il
1.-THE of the ruin which Bryan's victory
would have entailcd There will be an
immediate Improvement of business, for
the election of Mckinley, or, rather, the
defeat of Bryan will restore confidence
in the financial honesty and stability of
the United States. The common sense
of the American people has saved the re-
public from worse than civil war.
The Westminster Gazette says: With
the election of Mckinley a great scare
vanishcs for the moment; but, while the
pcrils of free silver are avoided for the
present, the perils of protection and CAPT
talism in their more extreme forms re-
main TO be encountered.
The Pail Mall Gazette in the course of
Il column editorial headed "A Landslide
says: The decision in the United States
is accepted with universal consent i'll
this country as being emphatically to the
credit of the American electors. 1t i'm
plies that democracy, when confronted
with issues vital to its future, will rally
to the reality and rcpudiate the shame
between Altgcld and Bryan, and that
they succeeded in pulvcrizing their cause
into dust is substantial in comparison,
United States Ambassador Bayard re-
cciyed last evening from the London Of
flee of the Associated Press dispatches
regarding the election. Representatives
of the Associated Press had an interview
with Mr.. Bayard. The ambassador said:
The keynote that, rising. above the
noise and excitement. and rcjolccs i'll my
ear is that the people of the United
States, guided by instincts of selt-pre
scrvation. have Enthusiastically repudlated
reputation in any form and instructed
those who seek official power that they
must ut least assume virtue If they
have it not. and that public and private
obligations must he placed beyond the
reach of the political Jack Cades of tins
century. 1t will strongly tend to re-es-
tabish international confidence i'll the
stability and security of property entrust-
cd to democratic government ana mar
monizc in the national interests ana as
sist good relations ,o
Il. in common with all Lonuoh; nave
received the news of Mckinney Gieclioi1
with delight and satisfaction. Beyond
this 7 can not comment either upon the
campaign or discuss the hlole''l! i'"'
urc.'
A representative of the Associated
Press had an interview with Nj. Rlbot
at Paris, the former premier OF france
who recently returned from visit to the
United States and Canada,
NJ Ribot said:
The election oil McNllici "o': ~.
surprise me any more than the majority
he obtained. When | left the United
States in September it was apparent to
me that Bryan would not succeed. Yes
terday marks an important epoch in the
history of either party in the United
States"
NJ, Doub' Ell, who was minister of finance
in the late radical ministry, was also IN
tcrvicwed in Paris today by IL represent,
ative of the Associated Press. lie said
in part; .,,o4 tbo o,oo-
| ton of the promoter of the American GUS
toms tariff is received here. In Europe
it is generally apprehcnded that Mckin-
lcy's presidency will be unfavOrable TO
the development of the commercial rela-
tons between the new and old worlds.
On the other hand. the success of Bryan
would have had such economic consequent
ccs and the perturbation caused in the
great financial markets of the world
those who could have desired his elGc
ton In fact. it was never believed he
could be elected. For a month we have
had reason to feel absolutely certain OF
McKinley's success"
Harry Marks, proprietor of the Londol
Financial News. said the news gave un
bounded satisfaction i'll English tnancla
circles.
A dispatch to the Press Association
from Glasgow says the general opinion
there is that McKinley's election vii
stimulate export trade in order to rusl
merchandise forward before Mckin!e.
comes into Office.
The sugar houses of Glasgow say the.
expect the duties on refined sugars i'm
ported into the United States will b
raised 2 cents. With refined sugar sell
ing at shillings per hundred weight, IN
possibility of loss to spectators is small
1t is believed that Americans will com
mence to buy largely for December
January and February delivery. Their
, is no doubt that there will be a rush t
export wooden soft goods to America
Ship owners foresee little benefit, as mos
, of the steam tonnage has already bee
chartered for shipping. The IRON
masters say they have done withou
America for two years and will be abb
to continue without single America
order. The chief sensation in bushes
circles is the maintenance of the imam
, cial status quo.
Berlin, Nov. 4.-(Oopyright, 1891: b
the Associated Press.)-The result of tn
election in the United States was re
ceived throughout Germany with grea
satisfaction, except by bmetallists. :
| high official of the foreign office said:
Il