The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-11-14
PARLIAMENT TO CONVENE
DURING DECEMBER.
Great Dritain's Need Of Funas II
Pressing. Hence the Departure
From Regular Date.

NEW YORK, Nov. ia dispatch to
the Tribune from London says:
Lord Salisbury has advised the queen to
lament 70 meet in the last month Of the
year The announcement. however. oc-
casions little surprise. az i has been gen
ionEation Of hostfiities in South africa.
the government would be badly In want
OF money before the usual date, early In
February. when the country had been led
called together. The chancellor OF the ex-
cheQuer's initial estimate OF elo.ooo.ooo
framed ia. ysar aEo; has , AIR already been
prepared in the course OF last summer
amounted TO about f7o.o00p II was
based. however, upon the superstition that
by September the resistance OF the Beers
would have been completely crushed. and
the bulk OF the British troops enabled to
return home. Sir Michael Hicks Beach's
sxpss s,, 70 shay have not been fulisd and
ther supplies from parliament next
month. The most conservative estimate
at which the ultimate cost OF the Boer
war IL now put Is tho sum of Eio000o .oo0
DIR. Morrison's statement Of the terms
which the powers have agreed to press
upon China as the basis Of a preliminary
formally approved q month ago. Mr.. Con-
gers excellent proposal that China should
pledge herself TO dismiss Immediately Of
RACES on foreigners had been committed
has. however, been accepted In modi-
fed shape
registered at the council At Windsor yes
terday. and the foreign once was turned
over 20 Lord Lansdowne-
Commissioner Richard Young. OF New
ney around me world has returne at to
London. with Mrs. Young. after q seri-
Gus adventure. He was wrecked In the
through Russia. his ship being run down
In a collision, and the passengers being
taken on by Greek vessel He contin-
Egypt and is now homeward bound to
New York. In excellent health.
Comment of rfnancters.
The early calling u parliament with the
object 81 securing for the government
further borrowing powers % meet the OK
penees Of THE South African and Chinese
situations has caused much comment In
the money market II T. understood tia.
the government has already borrowed
ESoo 200 from the Bank " England and
further operations OF thls kind wouid
be imprudent and would dfsorganize the
money market
II is quite impossible 70 fc-eteli what
amount the chancellor OF the cxchenuer
will find Il necessary 70 borrow. The gen
eral expectation Is that the figures will
~ -orsewhere between EsS.eoa.oso and
A strong feeling r. expressed against
placing portion az The lean in the
limited States. IL T. argued that when
the Americans want gold they have only
to send bonds 20 England thus depicting
thu geld reserves and II T. conteraeA
that fhcFe " annie british capital SOCK.
ing investment 90 meet all the require
mcnts ~ the government.
One suggestion IN the market yesterday
was that an issue might he made y \
TrsnSxaal loan for az. 9oa 90 or E.a on 40
with the interest guaranteed BY the Brit
iSh government.
I. - evident thar SIR Michael Hicks.
Reach has no EASY task before him In
Mis- speech AZ RFtStei NJ said that he Mad
desired 20 resign bat had been persuaded
Ia remain tn nsice
south African capitalists are protest.
sng against the TransvRai being ssdfil.d
With the cost of the war. while British
tNxragere ars equally RuNous 70 nave
the mines bear The burden.