New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-24
PARIS.
FINANCIERS SEE SIGNS OF PEACE-Dl
PLOMATISTS SEE NONE.
THE FRENCH MANOEUVREs IN THE MEDI-
TERRANEAN AMERICA AT THE
PARIS EXPOSITION.
Inv C,n1E TO THE TnIrrXr.

lRv C,mE TO THE TREr%rl
Paris July %3.-Specuation on the PMis
| Stock Exchange for bull accounts in Spanish
securities. based on peace rumOr~. has again
taken such active shape that Spanish per
cents are quoted at 80. being an advance Of
two points since Thursday The postponement
/ Of the departure of Commodore Watsons squad
ron is somewhat illogcally interpreted on the
Bourse as the virtual abandonment u any at
| tempt to carry the war into European waters
and as indicating that peace negotiations are
about to he undertaken. II IS unmstakahle
that the financial barometer to-day points 20
confidence in the speedy termination Of the war
IT is equally certain that In diplomats circles
there is not TO be found The slightest trace Of
any such optimistic feeling. and a French states
man who has weathered many a political storm
remarked this morning to The Tribune CORE
spondeni:
II don't see any chance whatcve- Of peace
being concluded before Christmas. Neither
Sagasta nor any Spanish party leader capahle
| of forming Ministry has vet shown tho faint
est inclination to acknowledge the real extent
Of the national defeat and 10 take the initiativ"
! by Offering directly to Washington such terms
/ as Washington would now accep; i friend ~
mine has just returned from Bourboue. where
he recently had n conversation with General
/ Polavieta who vas also taking IN" waters
/ there and whose cure was interrupted by
summons from the Queen Regent to go to Ma
! drid General Polavoja IL an honest. brave.
! blunt soldier-a sor; Of a Spanish MacMahon-
exactly the sort Of naI whom old Iarlia-
! mentarv hands Ike Sagasta would Ike to sec
take office and sign treaty Of peace. thereby
avoiding compromising their own political r"pu-
tations by becoming identified with such an IN
! popular measure. Polavicia IS absolutely OPP
| posed TO any idea Of abandoning Porto Rico
| until al least the Spanish army there has had
| chance to strike vigorous blow In It's defence.
| Such in fact. the very words used by
| Polavieja in conversing with my friend
MY own opinion is that II Mr.. Mckinley Is
wise he will concentrate all the available forces
to take Porto Rico Immediately. for what IS left
after the rainy season Of Marshal Ranc"s
Havana army can be more advantageously at
tackled In October Az to any naval opposition
on the part Of France or any other European
Power against an American fleet operating In
the Mediterranean. that. you may assure your
countryrnen is mere twadde Nlague)"
AS sensational reports about the dolngs of the
French Mediterranean squadron are likely TO be
circulated before long. it is perhaps worth while
/ to call attention TO the fact that the French
| naval manmuvres always taxi place al this
season OF the year and this summer happen to
|
ed departure Of Commodore Watson's squadron.
This coincidence is purely accidental Both at
the Foreign ONCE and at the Ministry Of Marine
any notion that the manpuvrcs Of the French
| Mediterranean and Channel squadrons have
other than an absolutely technical character. Or
| that they conceal any political motive IL ON
! phaticany denied and ridiculed. II may also
| be noted that the reported seizure of the frehch
! steamer Olinde Rodriguez. caught In the act or
! running the blockade at San Juan. causes no
/ comment here every one admitting that she
| was legitimate prize. with the exception OF
! NJ Millevoye, In his Sensational! 'Patrie' the
value Of whose opinions Is best illustrated
! b, the fact that he stiIl persists in asserting
| that the unfortunate La Bourgogne was wilfully
| run down by an American cruiser which sue
ceeded in diabocally putting the blame upon
| the Cromar,ysh!rc.
The appointment OF T.. w. Peck as United
| States Commissioner 10 the Paris Exposition in
| 1000 who Is we'll remembered by the French
officials in connection with the Columbian
| World's Fair in 1853. is favOraby commented
| ,non and awakens renewed interest in the part
| ,o ne taken By the United States in the Exhibit
! tion NJ Delaunay Beevillc. Director Genera
! ~ the Exhibition has officially Informed Colo
| mel Chaillf- Long. acting American Commits
sioner. that 327 additional square metres space
/ VIII he accorded to the American section. about
evenly divided among gro Fps of house decora-
lions fine arts and chemicals.
Numerous delegations from the French Cham
her NJ Commerce and from industrial syndcates
! ,avc netitioncd NJ. Maruejouls. Minister OF Com
n,erce 10 do all he can toward concluding an ar
ranecment with the United States, under the
nrovisicns of the fourth section OF the Dinghy
net NJ Maruejouls urges the Government I'd
| =, M time because the time for taking adj
! ..oao ~ tho fourth section and obtaining re
| a,c,,ops expires July 1899. The desire among
| al commercial classes here for such an arrange
noent is all the more eager because french sud
,is,ics lust published reveal the fact that In the
last six months American purchases IN france
...,ourted IN only 100000 francs. as against
American purchases In the corresponding pel'oa
1,,eo7 which came to 1873 100000 francs. This
gran, falling off is in silks rlDbons' oresses'
.,omen,s underwear and artificial flowers Inc
...., rrencb exports In the half year just ended
49, sss OOO 600 francs instead Of 1S0Gooo'Ooo
<.o,o. IN the same period Of last year. showing
| . ,oss OF 11S 600 600 in exports alone
As a partial Offset to this. the present year
cron Of Young prima donnas Is pronounced pet
tar in both quality and quantity thah lot many
.oa.ons past. and at the annual examination at
49,. national Conservatory of Music on Wednes-
dow the unusual number Of three hrst prizes
80. accorded by the jury and the three sue
a.,,,, councillors Mile. MenJaud, Mile Crepih
- mile Truck Will soon receive engagements
=. ,ho Grand Opera and the Opera Comique'
r,.,, ore all three Of exceptional personal oeau-
-. and their voices OF remarkable purity
-, .. .s6,m that any theatrical success can