The San Francisco call., 1898-12-04

. LONDON, Dec. 3.-The practical con- clusion of the peace negotiations at Paris is hailed here with considerable satisfaction, and the newspapers daily discuss the so-called imperial future of the United States, coupled with the fervent hopes that it will adopt colo nial policy. In fact, the latter point is regarded as being the cornerstone of the Anglo-American understanding, which is now an important feature Of every political speech delivered on this side of the Atlantic.
 The Saturday Review Is very candid about what it describes as the "slob- bering cant and hypocritical blazoning of doubtful affection" between the United States and Great Britain, and says:
 Let us be frank and say outright that we expect mutual gain in material inter- ests from this raprochement
 The American Commissioners at Paris are making their bargain, whether they realize it or not, under the protecting naval strength of England, and we shall expect a material quid pro quo for this assistance. We expect the United States to deal generously with Canada in the matter of tariffs, and we expect to be re- membered when the United States comes into possession of the Philippines, ana above all we expect her assistance on the day which Is quickly approaching when China comes up for settlement, for the young imperialistic has entered upon a path where it will require strong friend, and a lasting friendship between two na- tions is secured, not by frothy sentiment tality or puppet forms, but by reciprocal advantages in solid, material interests.
 The foregoing opinion is certainly outspoken enough, but every American moving in business circles here knows this voices the expectation of the aver age Englishman.
 The question of the Sulu Islands has awakened a great deal of interest, and this again is viewed selfishly through the British press, the Pail Mall Gazette remarking:
 Let them acquire the Sulus if they want them, but us have an open door there for our trade" adding:
 The Sulus are the connecting link be- tween North Borneo and the Philippines, and we have as much interest in the isl andS as the Americans will have. An equality of treatment will promote trade not only between Borneo and Sulu, but between Borneo and the Philippines also.
 The rumor that the United States ac- quired a coaling station at Chiriqui, Colombia, elicited the usual editorials from the British press, prompting the Government to demand compensation for the abrogation of the Clayton Bull wer treaty. The Spectator, however, takes a conciliatory view of the matter and declares that it would be mistake for Great Britain to insist pedantically upon the maintenance of the treaty, pointing out that the Nicaragua canal will never be constructed unless the treaty is abrogated, and adding:
 It is very much to our interests that the canal be made. The canal will enable us to reinforce our Pacific from our Atlantic squadron and vice versa, while the ad- vantage to our commerce is obvious. We want to see the treaty abrogated on the sole conditions that the Americans make the canal within a definite time.
 The crisis in Spain is followed with the most keen interest. Don Carlos is undoubtedly preparing for a bold stroke. His emissaries are endeavoring to suborn the Spanish army, a large portion of it being dissaffected, partly on account of the arrears of pay, but chiefly owing to the condition that the army was prevented earning distinction during the late ar on account of in- capacity and corruption of the prin- cipal administrators. The new factors have given Don Carlos much better chance of success than he had when