New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-11-16
WORK FOR PARLIAMENT.
VOTING WAR LOANS TO BE THE CHIEF
BUSINESS.
FINANCIAL SCHEMES TO BE UNFoLDED
GRADUALLY-LoRD ROsEBERY AND
THE LIBERAL LEADERSHIP
Copyright: 900: BY The New-York Trihune.l
[BY CABLE TO THE TRIBUNEl

[BY CABLE TO THE TRIBUNEl
London Nov. 16 a. m.-The Government
whips, who the cheeriest optimists in the
world, seeking to minimize the Significance
| of early session of Parliament as an affair Of
| no Importance Sir William Walrond has In
| formed the Unionist members that the sole OBJ
ject of the meeting of Parliament is little mat
| ter Of money which will not take much time
and that there Will be early propagation. This
! is good politics. because not only are the men,
| bers eager for a holiday, but the constituencies
| as we'll need to be let down easily and COM
! fortably. The Chancellor of the Exchequer will
| follow the lead Of the experienced whip, and
| break the force OF his financial proposals by
| distributing the burdens OF the war over as
| long a period as possible. The whole truth will
not be revealed when Parliament meets. but only
a portion Of it. Moderate money grants will be
demanded with further extension of borrow
ing powers and a wide margin will be left for
additional votes and a long series of supple
mentary estimates. 1t is probable that instead
of providing for loan Of f40,000,000 II not
f50,000000 Sir Michael Hicks Beach will begin
modestly with f25 100000 we'll knowing that
there will be inevitable deficit subsequently,
He will also be Influenced by the condition of
the market, without doubt, hoping to see his
way toward offering a loan which will be guar
| anteed by the revenues of the Transvaal and
| the Orange colonies and by taxes levied on
mining companies. Not only is peacemaker
| needed in South Africa, but a great fnancier
! Ike Lord Cromer.
| The rumors respecting Lord Rosebery's return
| to the Liberal leadership are premature He
may take new line If Mr.. Perks. who is most
| serviceable drum major. succeeds during the
spring session in rallying the Liberal Imperial
lists in great force. But for financial debates in
! December Sir William Harcourt is fndtspensa
DIE and must remain the chief figure on the
| Opposition side
| Dir Henry Campbell Bannerman has never ,o,.
| happy as the leader of the Liberal party and IN
| MS speech at Dundee last night he made e oIoor
| that he would be quite willing to retire ~ .
! favorable opportunity occurred CuriousIv
| enough however. while inviting Lord Rosabary
| 10 resume the leadership. he went out of his vav
| 10 deride the Liberal Imperialists In these cir
| cumstances Lord Rosebery is scarcely likely n
| accept his invitation
The American Ambassador is having a. busy
| time or 1t just now. Yesterday he distributed
prizes at the Mechanics Institution in Burnley.
| Mr.. Choate had a good reception from the neo
| pie OF this busy Lancashire town. and his re-
MARKS on industrial competition were keenIy
/ removed. the Ambassador pointed out that
| neither Englishmen nor Americans could afford
to ignore Germany, which had got little ahead
OF other nations as we'll equipped Industrial
| power
| American buyers were again we'll represented
| at the second days sale of Lord Ashburtons
famous typographical library. Yesterdays
| prices ruled high f400 being given for Daniel
| Denton's Brief Description of New-York For
| merly Called New Netherlands" This very rare
| pamphlet which was published in 1910 was sold
| in America at the Barlow SALE a few years ago.
| for only quarter Of the sum that it fetched
| yesterday.
The rumor that Lord Wolseey will insist on
| drawing out his correspondence respecting the
preparations for war is hardly more than a
| transparent half truth. Some things may be
| brought to light but not all. 1t is open
secret that Sir William Buffers forecasts of the
magnitude Of the military operations with the
| Boer republics were not accepted by the Com
| mander-in-Chief
| The war correspondents. instead Of being at
the front 10 describe the closing episodes of the
| campaign. which are highly creditable to the
| British army. are squabbling among themselves
| in England and unnecessarily counting pub
| licity. Their controversies take up more space
| in the newspapers than direct news of the
| These urseemly chickering's emphasize one OF the
| minor morals of the campaign-that the entire
| business of reporting military operations for the
| press needs revision. 1t is a common comment
| among London journalists hat the next great
! campaign will witness a radical change in this
respect proposal which meets favor is that
trained correspondents shall be assigned to duty
as staff officers and empowered to describe what
! takes place for general press associations
Mr. Loudenback held his first consultation yes
terday with his colleagues of the Yerkes syndi-
cate respecting the electric railway concessions
purchased from an English company. That