New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-03-21

by the privileged classes. the rentals Vi S"op
windows and houses along the route are 80 ex-
tortionate that only the rich can see the parade
comfortably. One house has been hired for
$4,000 for a single day Spectators are expect
ing a rich harvest and obtaining ontrol OF all
the best places for sightseers they are even In
vading Borough Road and other streets on the
: Surrey side where the weekly tenants are recelv-
ing notices to quit in order that the poorest and
shabbiest tenements may be let at high rental
for a single day, a novel form Of insurance has
been introduced by which SPECTATORS and sight
seers. by the payment Of d small fee. can be
secured against disappointment or financial loss
through change Of route or possible abandon
ment Of the parade. People Of moderate means
viii he condemned to occupy the sidewalks In
swarning crowds.
The proposed American tariff Is not received
in England with any degree OF enthusiasm To-
days Speaker" which. under the editorship OF
Sir Wemyss Reid. Is not unfrlendly to America
admits that the only way to raise more revenue
Is to increase the customs, but regards the Dill
as disappointing to believers In sound currency
and sound finance. STILL II prefers the possibiil-
ties Of McKinle. Ism to the possibilities of Bryan
ism The provincial journals more out
spoken; THE Newcastle Chronicle" for exam
pie. mournfully describes McKinleys election
as victory for trusts and combinations which
are not Charitable institutions and predicts that
the new tariff instead Of repenlshing the ex-
chequer and upholding the gold reserve. will de-
crease employment and increase the cost of the
necessaries OF existence deplete the Treasury
and promote the election Of Bryan in the near
future. There are signs Of unhappiness In the
Bradford woollen district. and compassion for
the misguided American people. who will not let
Yorkshire cothe them without restriction.
London traders and shippers do not like the
proposed tariff they assert that it will crush out
general British exports. which have been well In
demand since the original Mckinley tariff was
repealed Two facts which never seem to enter
the minds Of English traders are: First that
business with America has heavily fallen on
with the decline Of the purchasing power In that
market; and secondly, that the Treasury deficits
and commercial disasters Of the last four years
have accompanied the first deliberate attempt to
recast the tariff on English lines.
The probable return Of Senator Wolcott 10
London on his bimetaist mission and the pos
sible ratification Of the arbitration treaty with
the amendment requiring the approval OF the
Senate before any subject be arbitrated pass
almost unnoticed. The Nevada prizefght. how
ever has been widely discussed. THE Specta-
Tor" SAYS that Nevada is a century behind the
rest OF the world in CIVILIZATION, ana tnat scene
which might have been witnessed in England
sixty years ago would only excite disgust;
nevertheless full details of the fight have been
cabled, and great interest has been manifested
in II by the general public. Sporting men have
been too preoccupied with the judgment OF the
courts which prohibits the trade Of the book
makers at racing courses to have leisure for
enthusiasm over the exploits of transatlantic
bruisers. The decision has been rendered, but
the bookmakers are still in the betting ring
wherever horses are run.
Another important step in the direction Of
municipal ownership has been taken In Liver
pool. where the corporation has purchased the
horses vehicles and goodwill of the United
Tramways and Omnibus Company. The price
paid was 1851, 375 a basis of f12 los a share.
or about % shillings more than recent market
quotations. The municipality will operate the
whole network Of street-car lines and omnibus
routes after August and endeavor 10 repeat
Glasgow's experience in providing a sinking fund
sHa II the profits fer the repayment OF the pur-
into the city treasury. Experiments of this kind
which are successful In every other English CITY,
wherever tried Impossible In London be-
cause the movement in the direction of unity
ing the Metropolitan Government is hopelessv
blocked IN r