New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-03-27
WEBER
PIANOS
Fifth Avenue and Sixteenth St.

MORO millions ont of a bankrupt nation. IL has
arranged a fresh loan from the Bank OF Spain.
with a guarantee OF new treasury bonds III Is
undoubtedly true that millions can stiil be raised
in Spain for war with America. 1t Is the last re-
source OF a desperate. resentful. proud-spirited
patriotism. Neither Carlist movement nor
military absolutism under Weyler is possible so
long ae Sagasta is willing to take the gamblers
last chance. such as sending torpedo fotilla
and fghting ships With guns for bombardins the
American seaboard cities. even II Cuoa De ios''
after all.
England has her fu share OF anxieues ana
forebodings in this period OF storm ana suess
A decisive battle with the Dervishes IN the
soudan is expected hourly. and French ACTIVITY
in Yves, Africa remains n standing menace. Sir
James westlands optimistic statement OF the
Indian finances based solely on the improve
ment of exchange With his artificial scarcity
,,,nee. is unconvircing when he has not word
m saw about the vital currency question: ana
canno, DENY that he gets on merely by renewing
hills borrowing right and left, increasing taxa
tion 10 the breaking point, and paralyzing TRACE
nv locking up money and shutting out capNa
The question Of the monetary condition or lnda
will be debated next week in the House OF com
mons with the proba bihty that the measures lor
introducing the gold standard will not be re-
vealed and that the usual device OF appointing
a select COMMITTEES OF inquiry will be adopted;
india will be allowed 10 drift in the dark another
year
The gloomiest quarter for England is emma
where the definite installation of Russia al PORT
Arthur and Talien- Wan carnot be regarded as
ANYTHING else than a severe blow to brusn pres
tiye There is the written assurance, as III the
case Of Batoum. that the new Russian ports
will be free. but this is hardly convincing
demonstration that British commerce will not
be injured The account OF the current lou'
months OF diplomacy in the Far East shows de-
cjsiye gains for Germany. Russia and France
but nothing for England except paper assur-
ances and a joint loan which is faliure IN |
London and a striking success in Berlin. 1t is
not strange that practical Englishmen CONSIDER
without armored diplomacy reed |
shaken by the wind and the open door" an
,dle coniurng phrase. Three 15,000-ton battle |
ships. nevertheless have been laid down in the |
Government dockyards. and orders for four
armored cruisers Of new type have been
awarded TO private yards.
Tn. rumors Of Lord sasbury's retirement as
Prime Minister are unfounded but change in
the Foreign Ofice Is probable, although NOT
until the Queens return from the Riviera
the strain Of filing exhausting offices is
too great A younger man Is needed In the
Foreign ONCE; Mr.. Balfour would be the natu-
raj successor, IL the traditions did not connect
the office with the Upper House; otherwise
Lord Lansdowne is the more probable choice
unless Lord Cromer be called in. Lord Duffern
is mentioned, but this is almost as fantastic as
the rumor that Lord Rosebery will serve under
Lord Salisbury Lords Ashbourne and Harris
are candidates for the succession as Niceroy of
India.
Lack Of opposition to the Irish Local Gov
eminent bill and the veto Of London upon the
Bumbedom Glorhcation bill leave little employ
ment for Parliament The members have free
field for private bills, and there is promise
of long Easter vacation.
The principal work this week has been the
passage Of a resolution authorizing the guaran-
tee Of joint Greek loan by which the TURKS
will be hustled out of Thessaly.
There is an exciting by-electon to-day, and
Mr. Morley has made two lighting speeches at
Leicester. with a pathetic reference to MIR. Glad
stone. whose consian; suffering in a hopeless |
struggle with the infirmites OF old age exctes |
universal compassion. Sudden heart failure is
what the doctors fear. He will not talk about |
his ailments. and maintains his interest in pub
lie affairs. Letters received by personal friends |
show his old-tme handwriting. clear and deli
cate, with his characteristic bold signature.
The University boat race to-day was a dull
affair in the worst possible weather. oxford |
led almost from the outset, and won without
effort. many lengths in advance. The Cambridge
stroke was more even and pretier In form. but
lacked power. oxford seemed to be faster all
the way by at least half a stroke She had the
advantage in position and water but would
have won anywhere and in any weather. The
University athletic sports have been postponed
till summer. owing to the three days storm and
the worst weather known in London for year
!. y. +.