Barre evening telegram. (Barre, Vt.) 1898-19??, 1899-01-30
hEBUYINC OUR STOCKS
England Beginning to Realize Our
Wonderful Advancement.
AN ANGLO-FRENCH TREATY ?
Great Britain May Give Up KOnGO
Free Stnte For Other Concessions.
Bi2 Labor Union FOrmed-Oth-
. err Matters of Interest.


British investors toward America
business underwent a notable chang
during the past week. The mind of tn
British public is always slow to gras
changes, and people here are only JUS
beginning to realize what flnanciers ant
politicians have for months considered
the most important fact of the year.
the tremendous commercial advance
ment Of the United States Ever sine,
the Venezuelan affair the only idea o.
British holders of American securities
has been to sell whenever they could de
so with any profit or without too great
a loss. In the beginning Of the present
upward rush of American stocks both
spectators and conservative holders OF
transatlantic securities were eager tc
take advantage Of the opportunity to
unload the former selling for profit in
view of the crash in the market which
| was deemed inevitable. and the latter
to get rid Of what they regarded as
usage property, which they had been
long holding. Both British and Ameri-
can financiers agree that the pendulum
has now begun to swing in the other di-
rection. Investors, seeing that the an
ticipated disasters do not materilze and
that the United States Is apparently in
for period of great prosperity, are
coming to the conclusion that they We're
overhasty in unloading their American
holdings. They are retracing their steps
and are giving orders to their brokers
to rebuy the stocks they discarded with
feeling Of Joy at getting rid Of dead
wood, though the newspapers are still
king 10 whit
Wall street is destined to witness in
the near future, according to all their
prophecies.
EnEland's Little Boom.
England has been enjoying a little
boom Of her own in South African min
ing enterprises, to which an impetus
has been given by the presence here of
Mr.. Cecil Rhodes, the South African
but which attracted small at
tention in the newspapers in COMPARE
son with the more sensational business
across the Atlantic.
MIR. Rhodes agent, DR.. Rutherford
Harris, says the cabinet has promised
an imperial guarantee of the Cape to
Cairo railroad from Buluwayo to the
zambezi river, distance of $50 miles,
and when that section is completed the
will probably guarantee
he road to Lake Tanganyika.
There is an interesting story of Mr..
Rhodes services in connection with the
sudan campaign. which incidentally
'layed an important part in influencing
he cabinet in his favor. The govern
nent, it appears, could not buy tthe en-
ines and plant necessary to operate
ieneral Kitcheners strategic railroad,
'hich has an unusual gauge, and when
lr. Rhodes heard of this he sacrificed
ne equipment bought for the British
hartered South Africa company and
} enabled the campaign to be finished +
early year sooner than would have
cen possible If he had not come to the
ascue.
Outbreak In Africa.
Your representative has had an inter-
lew with the Rev. Mr.. Werner of the l
merican Presbyterian Kongo mission, {
no has just arrived in England on his {
ay to America after four years resi- ]
'nce at Luebo, in the Kassai district. I
e said:
THE present mutiny is probably the b
st desperate attempt to throw off the S
hite mans control. 1t is also the most S
rious outbreak on account of the in j
feasibility Of the region. When it is Fl
membered that Baron Dhanis, the \
slgian commander, is 800 miles from Il
8 base of Supplies with only a handful G
whites it is small wonder that so d
any Europeans have already been
and it will occasion no sur
lse If further disasters await the Bel
ms. Nothing but building a railway ID
likely to etfectually suppress the re- u
lion. p'
According to my latest information. p'
ron Dhanis is practically surround IN
by mutinous natives, and * is re- p'
'ted that panic reisns throughout the M NJ
ngo territory. However, this NAV ~
untrue ny
Ang'o-French Treaty. al
rance, as the incendiary factor in =.
ropean politics, has suddenly SUBJ ~. w.
ed. The diplomats in London and ''
ris are comforting daily, which. In
nection with the hints of the home
rotary, Sir Matthew White Ridley >
his speech at the Unionist demon 'ee
atom at Blackpool on Jan. 6, gives ~;
" to the story that a great trcatv II,
aing made nv u,hiol, ~, - ea'y tn:
N'Ao ''iooC ny which all the 0lSDIlfnS |
yeen Great Rritoin ,n1 ing
attIed Oro ro,ort IT., VIII ers
&c Is to the effect that Great Britain sa'
agree to the transfer Of the Konro 'os
T State 10 FRANCE as compensation M,
her demands in connection with a.a
lagascar and Newfoundland and to us ~.
ate her for the conquest of the su. .is
Whatever may be the reason the ''"'
or the French statemen and press
ard Great Britain has shifted to ono -
onciliatlon. The last French paner 40
lshed at Cairo, to attack British ~
mas ceased so doing, and it Is SIM , ~
q that the French government suh- ~.
has been withdrawn from it. nm
e French people appear almost al
out by the Dreyfus agitation, and ~.
are signs that the majority n, IA"
nave resigned themselves to ar was
retrial, which seems to he ~.
possible outcome of the court ~
atoms proceedings w
Labor Wnr Possible. In, n'
g trades unions have repl;ed 70 ~, .nt
ense CT the employers in forming sett
r,ao+ ~, pt0.ec''uh against strikes F'irs
.nes'ins at Manchester of the rem viii
ni,ad W "ilehes OF labor, MIA,
~ w. IT,. ."i leueratlon al Rob
On the lines OF the employers
'e, II the plan proves successfu, !
an the great unions enlist in It. r,
mr. ~ ooY,;taI ~. Mi.hess gigan- Abb
rgoni,aa H, e'ils' iaoor IN which nou
organi,aa ,,r.,. VIII confront by G
o. onnor;t,o H. Ihere was the
loo aers W. 'ie Pian from the The
no o,,to, Ae1.'Nt" IN maintain Buff
- vi VIC unions h' and
VT TnNNHEO Al