New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-04
THE NEWS OF TWO CAPITALS.
LONDON.
ENGLISH SYMPATHY WITH AMERICAN
EXPANSION.
COMPASSION FOR SPAIN-THE PROSPECTS
FOR A NEW CARLIST RISING
THE GOLD MOVEMENT.
[BY CABLE TO THE rnrBUSE.l

London. Dec. 3.-The successful issue Oh TITO
iabors OF the Peace Commission continues 70
supply the English press with It's chief TOPIC o'
current discussion. The dominating note is the
historic Importance Of the entrance OF inc
United States upon new career, in which 1t Is
destined TO be closely associated with Ens'aho
In interests and sympathies. The Nation which
has been steadily enlarging its empire by
series OF annexations beginning with Jener-
sonia great purchase and ending with Alaska
and Hawaii and also exercising an effective
protectorate over tropical America In the Moh'
roe Doctrine, and exempting the "es'e'"
Hemisphere from the European scramble so'hs
on in Asia and Africa. has been doing sooo
deal OF work in the modern world. This WORK
has not Interested Englishmen because Amer'-
cans have acted Independently OF them on lines
of their own.
The essential feature OF the new career OK
expansion is the fact that 1t Is not one OK
snlendid isolation but the Anglo-Saxon peoples
have been drawn together into harmonious
working relations. Sympathies have displaced
iealousies. and there is correlation OF the
strongest forces Of civilization for promoting
the ends Of peace and progress. The war WIN
Spain began after England had thwarted an un-
successful attempt to establish European
concert on the Cuban question and II has ended
without the slightest effort on the part OF Ger
many TO create a European concert on the
Philippine question. America has taken her
place among the great Powers or the "oriu'
and England and Germany are both actihs
with her. and expecting her assistance ana
moral support in their diplomacy IN ths + ar
East. Hardly single English journal rails 10
lay stress upon this assurance OF the future
cooperation Of the Anglo Saxon race as the
greatest result Of the war with Spain
Proofs Of this common action are already
found I'm the probable adoption by America OK
the open door, principle in the Philippines,
the possible purchase Of the Caroline Islands
by Germany and the ultimate consent OF Eng
land to modify the Clayton -Bulwer treaty so as
IA enable the United States 70 construct and
control the Nicaragua Canal under guarantees
OF neutrality similar TO those maintained Tor
the Suez Canal To-days spectator again
advocates the abrogation Of the treaty by Eng
land with the single condition that the Amerl-
cans shall complete the canal within dennite
period: but signs not wanting 10 ihdica'e
that the State Department and the Foreign
Office will find II more expedient TO mend the
convention than to end IT,
While the attention OF the English people Is
now centred upon the work Of the Peace Com
mission now virtually finished as marking q
new landmark In the worlds history ana ois-
closing the trend or future tehdencies anu
events OF far-reaching Importance TO the FORT
unes Of the Anglo-Saxon race. there Is also
feeling Of genuine compassion for distracted
Spain which Is losing its last colonial strong
hold IN both the East and the West indies and
IS confronted with civil war and bankruptcy.
II Is rot considered probable that a country
which has been able to send out 2OO,0OO regular
troops within two years to its colonies can be
in serious danger from a revival OF the Carlist
movement in the northern provinces. one
theory Is that the Madrid Government Is ex-
aggerating this menace Of civil war in order to
give employment TO the troops now returning
and also to divert public attention from the
loss OF the colonies and the national defeats
abroad.
Spain has borne all her miseries with such
heroic fortitude that the English press unites
in the hope that she will be spared the horrors
Of new Carlist uprising. Don Carlos's de-
fence of his neglect to take active steps to vim
dcate what he considers his hereditary rights
in Spain was that he was patriot first Of all.
and could not raise his standard in the North
when the country was making many sacri-
fees for the defence Of the remnants OF once
glorious empire. This plea would seem to ex-
clude a challenge TO civil war when Spain Is
in her present extremties. Don Carlos Is
soldier who has always known his own mind.
but after all his adventures in war he will
hardly be tempted TO renew the strife unless
he is convinced that the regular army is dis
affected and can be won over TO the Carlist
cause The diplomatic view is that he ceased
TO be a soldier Of fortune when he inherited a
great fortune from the Comte de Chambord.
and that he would be content to Issue proc
lamations and pose pretender n Don
Jaime were not a spirited young prince. with
rttb Ia Wal
educated at Jesuit school, and has had SER
vice with the Russian arms in Catholic War
saw He is stormy petrol in the troubled
wasers of unhappy Spain
The opinion prevails in diplomatic circles at
Brussels where all the pretenders now In sight
are familiar figures. that Don Jaime and Prince
Louis Napoleon are the only men among them
resolute enough to fight for crown. The Duke
Of Orleans and Prince Victor Napoleon are
weaklings and Don Carlos has been spoiled by
wealth and luxury and is now stale.
America has offered a fresh illustration this
week Of its power as a creditor nation holding
large balances against England. The large
withdrawal OF gold from the Bank OF England
was mainly due to the action OF American
bankers in lending money to Berlin where they
could get better rates for it than In London
The market has been unsettled and the bank
rate will have to be raised II this operation be
repeated This effect will probably be tenn
porary. the Imperial Bank OF Germany can
not be anxious to force the Bank OF England to
declare a , per cent rate. There have been
disquetng rumors Change that the gold
withdrawn for Germany was intended for Rus
sia which had chosen an inconvenient time
for enlarging its stock OF gold In accordance
with its new fiscal policy; but these reports
have not been confirmed. Everything points TO
a bear money market. not only this month.
but also after the situation has been tempo
rarily relieved by the payment OF January
dividends Trade is active in America. Ger
nd and fher he