New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-01-22

an energetic bankers syndicate from the sus-
pension Of gold payments and conversion Into q
silver country. Cynics explain that America
has been favored with big crops. high prices.
good luck and Divine Providence. Mckinley IL
also President .,t
The error caused by the blunder Of the audi
tors In announcing a dividend OF the South
eastern Railway has excited sharp CRITICISM
and pressure has been brought to bear upon the
Stock Exchange Committee 20 order a speciai
inquiry. Owners of shares have not sunereo
since the corrected announcement increased the
dividend, but there was an interval OF nearly
forty-eight hours during which there was con-
siderable buying and rise Of prices, II this
were interested buying on the part OF dealers
who knew that somebody had blundered. ana
that the dividend would be raised. the STOCK
Exchange Committee might be justified In de-
clarng such transactions void, but the COM
mittee is convinced that the advance in price
after the first declaration was due to purchases
for operators who had sold heavily in antici-
patton OF a poor dividend The criticism caused
by the bunder in auditing is fresh prcoI OF
that sensitveness on points OF financial propitS
and honor which is the secret OF the confidence
inspired by English railway management
The official report OF the receiver in the
Hoolev bankruptcy case is one Of the most
remarkable exhibits of speculative adventure
since Adams's Chapters of Erie" were COM
piled in America. The estate will not pay more
than shillings on the pound, after series
OF gigantic stock promotions, in which the
nominal capital was about S93,onVV' ana the
gross profit for the promoters more than
S25.O00OO0 The bankrupt is charged with mis-
conduct in paying large fees for social introduc-
tons and the use OF gilt-edsed titled names IN
his prospectuses and also with extravaganza
IN his living and his charities careless DOCK
keeping and unfairness in giving preference
10 favored creditors. HoOley was once the ldoi
Of famboyant English plutocracy but ne no"
has hardly a single friend in the smart circles
where his wealth was scattered with careless
spendthrift hand.
Mr.. Cecil Rhodes Is again Londons mystery
man. holding secret consultations with the off,
Gals of the Chartered Company and Kafir
fnanciers. being closeted with Mr.. Chamberlain
and Sir Alfred Miner, and. according 10 current
rumor supplying the Cabinet with the CHIEF
topic of discussion in his new scheme for rail-
way connecting Cairo with the Cape OF Good
Hope. That is project large enough to stagger
even the awestruck admirers OF this empire
builder. II he succeeds in winning the support
Of Mr.. Chamberlain TO this scheme he VIII be
in a fair way to regain his reputation as the
biggest Of Big Englanders. Otherwise there is
little of interest in the Cabinets arrangements
for the session. The Bishops are working on
bill based on the recommendations or the royal
commissioners on ecclesiastical courts for the
enforcement Of discipline in the English Church.
This will offer Sir William Harcourt employ
ment in his retirement. and may make him the
most prominent figure Of the Opposition bench,
although Sir Henry Campbell Bannerman will
be the nominal leader. Mr.. Morey's speeches
have been below his highest level Of oratory.
The Manchester Guardian" is almost the only
Liberal journal that remains faithful TO him.
Sir Henry Irving after being the victim OF
idle talk about his retirement from the Lyceum
and his withdrawal from the stage. has re-
turned to London in excellent spirits and choked
of his defamers by the quiet announcement
that he will reappear early in April at his own
theatre with Miss Ellen Terry In Sardou's new
play, "Robespierre." This play will naturally
he the strongest card for the American tour
which he has planned for the autumn.
Not only is the London public secure In GER
tainly retaining It's greatest actor in its classic
theatre. but 1t also has the promise of an un-
usually good opera season under Mr.. Graus d.
rection The menace Of operate warfare brought
the patrons Of music TO their senses, ana a
strong syndicate has been formed for the con-
q
naturally heads the syndicate with a small
financial holding, but with large interest in
musical and dramatic art.
Mr. Austin Dobson hhds it.pecessary to deny
the authenticity Of some satirical verses attrib-
uted to him in America and widely copied He
honors America too highly TO satirize her writ
ers. living or dead. Mr.. Gilbert Parker has re-
turned from Egypt with abUdget Of fresh stories
about Lord Kitchener DR.. Carl Peters started
for Africa to-day ANEW tour Of exploration
after entertaining a large body Of personal
friends interested In King Soomon's mines. and
after waving German. American and English
flags
There have been many fashionable weddings
In bad weather this week, one Of which will In
terest old playgoers in New-York. This is the
marriage Of Miss Mildred Jennings. daughter OF
Madeline Henriques. with the son Of one OF her
fathers former colleagues in Parliament.
l. N +,