New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-20

.ro hold In the hollow of the Cars hand and
hs &c n voung and inexperienced sovereign.
whose temper, character and capacity are UNI
known.
Tho advance upon Dongola is now proceeding
ran,d,v and tdings Of the occupation of the
town by the Egyptian column of 5000 men Is
a~nected hourly Another skirmish with the
I,ervtshes in the Nile Valley will decide the fate
nj Dongola and there Is little reason to doubt
the issue of the battle. The expedition is well
organized with a camel corps. seven gunpoa's
and feet OF sailing craft for transport and the
Egvptian soldiers are no longer towards, but
have learned how to fight Dongola cannot DE
the goal of the expedition. but only hating
Mace. Khartoum will be reoccupied in due Time
and Egypt's Nile empire reconquered'
The bank rate has not been raised second
time. although gold exports TO the United states
have been resumed. Gold has been withdrawn
for shipment both TO America and Egypt ana
the banks stock Of bullion will probably be re-
drced still further next week The American
Drain is not felt severely this week In London
since the bulk OF the gold exported was sent
from, the Bank Of France The rise in the mar
ket rates Of discount in Germany seems to fore
shadow n further advance in the rate of the I'M
nerial Bank and this would probably involve
corresponding movement TO England. An ad-
vance of the Bank Of England rate 10 = per
cent is generally predicted in LOMBARD street.
but this will not prevent the export OF eoio u
America Nothing less than a rate OF per cent
will accomplish that result when the norman
conditions OF trade between the two countries
are running heavily. at present. In favor OF
the United States.
The improved market for American securities
especially rails is a natural consequence or 'h's
change In financial conditions and or the IN
creased probability of the election OF MCKINNEY
disclosed by the unprecedented Repuphcah
gains in Maine. The New-York correspondents
Of the London journals differ in their forecasts
"The Daily News" assuming that Mchihie!
election Is already settled, and THE Chronicle
leaving the issue still uncertain. Enghsh oahh-
ers and investors obtain their opinions as to the
result OF the American Presidential eiecuoh
from the quotations of the New-York Stock Ex-
change. Confidence in McKinleys election ana
IN the salvation of the country from the men
.cs ~ renudiation which are expressed in those
quotations inspires a renewal of faith here IN
the honor and good faith of the country
Since the Democratic Popust journals OF
Omaha and elsewhere have continued u o''u
late forged extracts from the English press on
the principle tndl iViHi va
ZION was good enough Morgan" until after
.,ec,ion II NAV be we'll to quote what The
Financial News" has TO say to-day respecting
their foul tactics:
The silver party in the United States contin-
ues 10 bring itself into discredit by circulating
false and garbled extracts from articles IN me
Financial News" and in some cases, as We n Hav
shown IL does not even stop at DOWNRIGHT rap
rication The latest trick TO which II mas de-
scended is to print as an editorial from ms
few of an article OF OURS
lacked on to a report which we printed IN 1891
Of a speech by Senator Cameron ana inns Is
now being circulated as an editorial from Inc
Ion6on Financial News" The party must be
in desperate straits which is compelled to resort
to such dirty tricks.
The managers Of the Kaffir circus are disap-
pointed over the weakness Of the market TOT
African gold shares. They imagined that an
other mining boom would follow Mr. Barnatos
diplomatic successes in the Transvaal and the
settlement of political questions there. Inc
show was we'll advertised. and the band played
merrily. but the public stayed away. Leading
operators have tried to push up prices ana 10
bait the Continental spectators: but On spite OF
all their exertons the market has sagged. a
second Kafir boom has been impossible, because
investors are already overweighted with mining
shares worth much less than the prices paio TOT
,ben The slump of last October has convinced
are still overvalued. Neither spectators nor in
vestors have been tempted to enter the kafiir
show this season. The inherent weakness OF
mining shares will tend to strengthen American
stocks in foreign markets if the dread of repudi-
alton be dispened by McKinley's triumph.
Sir Joseph Listers presidential address before
the British Association was remarkable Tor us
uciditv of style and practical utility. 1t not
,l..r ,Nipnn all
life work and triumphs in the antseptic treat
ment of wounds. but also reviewed the recent
progress of surgery and medicine, demonstrat-
ing that every important advance might justly
be attributed to scientific principles Anaesthet-
cs vaccination. R0ntgen's rays. antiseptic sur
gerry and ALI recent achievements in bacteriol-
oev were taken up in turn. and great stress was
laid upon the success of the antitoXin treatment
of diphthera and the experiments OF the Rus
sian scientist Metchnikopf with the white cor
puscles of the blood The most notable section
address was that Of Sir Douglas Fox in mechan-
ioal science forecasting revolution III meth
DDS of traction in densely populated districts by
the general introduction Of autocars The value
Of his prediction VIII soon he tested when elec-
trjc omnibuses are once fairly In operation In
London streets. R0ntgen's rays and polar ex-
nloratjon are the most interesting topics yet
discussed at Liverpool but there is long pro-
sramme before each Of the nine sections 10 he
finished next week. The association mas enjoyed
the hospitality of Mr. Gladstone Lcrd Derby
and many other houses.
Mr. Irving's production Of "Cymbe'ine al the
Iyceum Theatre Tuesday will be sign that
the winter theatrical season has opened in ear
nest The play has been thoroughly rehearsed'
and will be set with unrivalled splendor Of cos
tune and scenery. Mr. John Hare has been
playing IN the provinces during the week In
Caste and THE HobbyHorse." Mr. Willard
has taken lorg vacation. but will soon be on
his way to America MI. George Alexander has
announced his intention of playing AS You