New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-02-06

6ut when pressed for details ne admits that the
dealings are for New-York purchasers and that
English investors are not increasing their hold
ings. He contends. however. that the vote or
the House on the silver resolution. following
President McKinley's emphatic speech on cur
rsncy reform. has produced most favorable I'M
preston IN financial circles here This cannot
be denied, but the Senate vote on the Telicr
resolution has served TO deepen the conviction
Of English investors that there is no Immediate
prospect OF currency reform. and that the nut
ure OF American finance is clouded with uncer-
sainty Every financial writer warns the public
hat with the currency system unreformed ana
with the Senate committed to silver. conditions
In the United States too dangerous Tor eare
Investment.
Following this advice. old investors are grad
ually selling bonds with every fresh advance in
prices and parting with shares which pay good
dividends They are unloading their American
holdings because they think that the Democrats
may carry the next Congressional elections or.
In any event that there may be another Bryan
campaign The oldtime confidence In American
credit can never be restored In Europe untii
currency reform is taken up In earnest ana
made the supreme issue In American politics.
Many of the best informed English financiers
now assert tina. the best method Of helping on
that result will be the introduction OF the goio
standard IN India which will be foiiowed by
similar action In Russia and Austria-Hurgary
and will put an end TO the silver movement ana
the bimetallist agitation. They are unable now
ever TO agree upon ways and means for carry
ing out this policy In India
The weather has been colder and more invig-
Grating this week, with few snownakes IN the
cir one morning. This change is highly pene-
fetal, for the Influenza has been spreading
rapidly in London and the southern counties o"-
ing 10 the enervating weather. While every one
Is wheeling and coughing medical experts ex-
plain that the influenza does not AFFECT the res
piratory organs this season. but that II is tne
cause Of digestive disturbance. physicians hhu
Il difficult in some instances to dinerentiate ne
tween influenza and typhoid tendencies An
other popularity OF the present outbreak OIL
influenza is the fact that it is not followed ny
nervous arrangement and mental depression
The West End Is again full. Notwithstanding
the Influenza, but entertaining has not yet De-
gun on large scale. Theatres and skating
Kinks are profting by increased patronage
The taste for private theatrcals mas peeh
brought TO town from the country houses. ana
many amateur performances VIII be given IN
London houses in the next few weeks. Some of
these VIII DC IN small ndIiS iof ~
1ects
The wagnerian recitals were resumed TINS
afternoon at ST. Margarets Church. Westmin-
ster. by Mr. Iemare the chief attraction being
the Waldweben music in "Siegfried." At subse-
ouent recitals more difficult works Will be I'M
dertaken, such as the first act Of 'Parslfai
with the help Of Mr.. Ffrangcon Davies and
choir These rectals attract large audiences on
Saturday afternoons and Canon Eyton Is highly
pleased with the appreciation shown by the
public The parish church of the House OF Com
mons is indirectly stimulating interest In the
Wagner festival which Mr.. Grau is arranging
for Covent Garden next June and which prom
Uses to be the chief attraction Of the London
season
The new Academicians. Messrs.. Leader and
Lucas are receiving the congratulations of their
friends Mr.. Napier Hemys's election as an
Associate was tribute Of admiration for his
strong fishing picture shown last year in the
Academy. Mr.. Alfred East will be the next
man elected as Associate. l. n. f.