New-York tribune., 1900-11-25
THE NEWS IN LONDON.
THE CARS SICKNESS AND ITS BEAR
ING ON THE CHINA QUESTION.
CAUTION IN THE MONEY MARKET-LoRD
K1TcHENER's PRoMoTIoN-ARsENICA
POISONING AT MANCHESTER
CROKER's ARRIVAL.
CROKER's ARRIVAL.
Copyright: 1900; BY The New-York Tribune
[BY CABLE TO THE TRIBuSE.l

GBY THE TRIBuSE1
London. Nov. 24.-If the barometer is falling
. In the financial exchanges and cautionary sig
nails are flying In Lombard Street it is not be-
cause the currents of French opinion are mark
edly adverse to England. Paris, even with the
, Exposition closed and Mr.. KRUGER the hero of
the hour, is not storm centre The English
, press candidly admits that while the existence
OF considerable hostile feeling is unmstakable
! there is no real ground for national complaint
One journal quietly remarks that the dernonstra-
ton OF English feeling against Austria at the
time of the reception of Kossuth was at least
as violent as the outbreak of French enthusiasm
| in favor Of Mr.. KRUGER and against the Govern
ment which has deposed him.
real source Of uncertainty and alarm is the
illness OF the Gear. with its bearing the Chi
nese complications The Lancet" reasoning
from telegra phic reports of the medical diagnosis
of the case asserts that the range of temperature
and rate of pulse indicate mild attack of en-
terfc fever. and that convaescence will be
| speedy and sure There various sensational
reports from the Continent, including a Paris
rttnor that the attack OF typhoid is acute and
mas affected the patients brain. The latest
kilograms tend to increase rather than to dinin-
ish the apprehension respecting the Cars con-
dition. and there Is apparently deep feeling
OF uneasiness and alarm among the great dig
illIdi4SS at SI SelerSOOrS, although the rumOrS
about a regency have not been fully confirmed
When special prayers ordered throughout
Russia by the Holy Synod for the Cars res
toration to health, there may we'll be uncertain
ty In adj European capitals respecting the main
tenance OF the strongest bulwark of peace in
the Far East. While the Czar lives there is
reason to expect a prudent and statesmanlike
settlement OF the China question
The latest reports from Tien-Tsin point to a
the enforcement OF the death penalty against
the guilty mandarins. The Powers are rumored
to be divided into two equal groups-the United
States Russia, France and Japan opposing rig
orous action, and England. Germany Austria
and Italy strongly favoring II. The logic OF the
situation forecasts compromise Of some kind
and an agreement upon a practical scheme Of
peace proposals The attitude OF the United
States is not sharply condemned here, since
there is much latent sympathy with It, English
censors content themselves with describing the
American policy as unintellgble, although there
are clearer and more explicit accounts Of it in
the New-York and Washington dispatches than
are received Of the diplomatic course Of any
other Government. They are too ready to as
sumo that the State Department is willing to
leave the Empress free hand IN dealing with
the mandarins responsible for the outrages and
to demand almost nominal indemnity and
sEllCe the ETSSlueHtldl elecuOE Is over they
now forced to attribute what they consider the
vagaries Of American diplomacy to a deep sus-
picion Of Germany and an anxiety to retire from
China. and to complete the conquest or paci6ca-
ton of the Philippines.
Count Won Bulow is credited with a remark
able parliamentary success in dealing with the
rival factions in the Reichetag and the German
Emperor is described as having the entire Fa-
therland behind him.
Uncertainties In foreign affairs induce extrera
caution in the money market The foreign ex-
changes barely above the gold point and
there is a prospect Of a large outflow Of money
from London to the provinces next month The
situation has been greatly eased by the action of
New-York bankers in refraining from calling in
gold from Europe. Since the elections the Chan
cellor OF the Exchequer has been prudently bor-
rowing the money required for war piecemeal
and not subjcct;ng the market to any undue
strain, The tenders for f3,OOOOO0 in 2 per
cent E&chequer bonds will not exhaust the
issue authorized last March The Treasury will
still have power to borrow fl 900 900 more
There will probably be additional tenders for
the Exchequer bonds before the close of Decer-
her, and the borrowing powers OF the Treasury
Will be enlarged by Parliament
The remarkable rise in prices at the stool. .x
changes in NewYork and Chicago exceeds ex-
amazement over the phenomenal outburst ne
speculation and Industrial enterprise s,nca NJ
McKiniey's reelection They assume that tho
upward movement in stocks Of nil kinds will 90
or SUBJECT TO occasional setbacks. and that
prices generally will be higher next wear tban
they are now. The financial experts calculate
that during the last four years America be
bought back nearly all its own securities aeoo+
in Europe. and that after discharRinR all +baso
Liabilities 1T still has the tremendous reserves -.
capital required for an immense expansion ~
nome ana foreign trade and the development =,
countless new enterprises during Mr. McKtnIey.
second term The financial position Of America
as the creditor nation. with a vast accumuIa+to,
OF capital, Is envied in every European Ana,ota1
centre.
The promotion Of Lord Kitchener to the raul,
of Lieutenant-G General was the chief result Voc
! terday OF the Cabinet Council. He attaIns tb,s
| fully equipped to take Lord Roberts's pIace -
0outn AFRICA without exciting jealousy over
points OF seniority and military etiquette Lord
Kitchener is almost the only general IN the BRIT
ism army who is without a social CLIQUE in ro,
don He detests society. and is no CARPET knipbt.
I ne even has the reputation of being a woman
hater. He has, however. what Is more valuoh,
than social prestige, namely the active sunnort
of the Prime Minister. Lord Salisbury bas .,o
greatest admiration fer him, and is probab1v
responsible for his succession to the chief com,
mand in South Africa. he was for his an
pcintment chief of staff last December.
THE Times" is publishing an imnor+an. ,
OF articles on the weak points and general ;,eas
cheney of the present military system Ir
Rrodricly is making exhaustive