The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-06-21

result of the Republican convention at
St Louis was generally expected here.
Consequently the definite announce
ment of McKinley's nomination was re-
ceived with comparative apathy. FL
nancial circles do not regard the out
look as so improved as to justify jubi-
Iation. The foreign relations plank of
the platform is regarded as of a highly
militant character, and apparently 1t
has made the investors here somewhat
nervous. Upon this point the Econo-
mist remarks:
While the bombastic phrases may
mean little and be intended only to
tickle the ears of electors, they remind
European investors of the possibility of
American securities being deprived of
what has hitherto been regarded as one
of the advantages"
BEST POSSIBLE.
The Statist, referring to the same
subject, says:
1T is the best platform possible,
but it will not establish order in the
currency, and, therefore, will not re-
store confidence, for it must never be
forgotten that the key to the position
is held by the senate, which is govern
ed by the silverite and Populist ma
jority. Unhappily. there is no chance
that the composition of the senate will
be materially changed for the present,
so that the legisf allure and the admin
istration are powerless."
The Speaker attaches little impor-
lance to Governor McKinley's person
ality, and says:
He seems to be the typical average
man called to a nosition which gives
irld he,
that of any monarch except the three
emporors. There is no need to expect
to set the Atlantic afire, though per-
haps the lingo of the party may At
least his managers have
SAVED AMERICA FROM DISASTER
and have restored confidence in Eu-
rope Whether they have disintegra-
ted the Union is another question. But
the currency heresies of America are
chronic, and their definite defeat upon
the present occasion may cause them
to take on a new form
The Saturday Review thinks the re-
suit is most reassuring," adding:
The Democrats are not in a position
TO nominate a dangerous competitor to
Mckinley. With silver nominee they
have no chance, and there is re-
mote possibility that they may follow
St Louis in the appeal for hard money.
The sentiment in the east is inter
estlng, because it will involve big con-
cessions from both organizations, end
the forming of a third party devoted
TO silver and the Numerous Prpl1iist
variations of state socialism. the for
tunes of which will be instructive, per
hops edifying. to follow
THE FIRST YEAR.
The closing day of the first year Of
the conservative government G1ord
Rcsebery was defeated on June q.
1880, finds the Marquis of Salisbury
and his colleagues with an overIadep
programme which is creating serious
international dissensions among their
followers. There was another meeting
of the cabinet, lasting twelve hours.
to consider the course to pursue with
the government business, especially
with the education bill, which al
though now discussed for several
weeks has not progressed beyond it's
flrst line. The first clause is of an ex-
tremely contentious character. as NAV
be judged from the fact that during a
single day Of the present week, no
fewer than eighty-eight amendments
were placed, and Of this number sixty
nine originated with Sir Audrey Rol-
hit, conservative member for the
South division of Islington. president
of the Associated chamber of commerce
and chairman of the London chamber
Ct commerce, Hull chamber of com
merce and municipal corporation as
soclatlon, not man to be easily
shaken off, and he is a LAWYER and a
prize man of the Incorporated law so
ciety, besides being a prominent ship
owner of Hull, New Castle and LON
don.
IT is AN OPEN SECRET
that certain of the cabinet ministers
insist that the bill must be hghtened
OF some of its controversies or an
autumn session of parliament must
be called and devoted to, its considera-
ton. 1t is thought that the former
course was foreshadowed in the speech
OF the secretary of state for the
colonies, Mr.. Joseph Chamberlain, on
Friday
Probably, also, the cabinet today
considered the demand of the govern
ment for the South African republic
for the prosecution of Cecil Rhodes.
the ex-premier of Cape Colony, and
African company. Secretary Leyd's,
so-called .'imperious telegram on the
subject has been read here with
wonderment which is really comic.
and they have stirred up all the old
bitterness, which it was hoped in some
quarters, was allayed These tele-
grams which the Transvaal's secretary
of state alleges are based on the de-
sire to promote the well being of South
Africa, will, it is claimed in British
circles
HAVE THE OPPOSITE EFFECT.
as it is added, there is a suspicion that
they may have been instigated by an
European power hostile to Great
Britain. South African securities con-
sequently dropped.
The Globe, conservative, this after
noon says:
''The impertinence of President
Kruger and his Berlin inspired sec
rotary of state will not defeat, al
though ii may delay the British policy
of consolidating the British and Dutch
races in South Africa
The quiet, gentlemanly behavior of
the Yale men at Henley, and their
splendid physique, have created the
most favorable impression upon all
who have seen them. They are al
ready great favor-ites, and the conn
nents of the press, generally are of
the fairest and kindliest description.
A notable exception is Sir George
Newnes' Daily Courier which today is
FULL OF SNEERS.
It says. for instance: THE Cornell
men claimed that their defeat was due
to their being drugged. This years