New-York tribune., 1901-05-09
CONSERVATIVES REJOICE.
MONMOUTH ELECTION EAIBOLDENs
GOVERNMENT SUPPORTERS.
MINERS DECISION AIDS BUoYANT FEE1.
ING-A DULL SOCIAL. SEASON


NG-A DULL SOCIAL SEASON.
Copyright: 1901: BY The New-York Tribunej
GBY CABLE TO THE TRrBUNEl
London May g. 1 a m.-Conservatives in Par
lament were in high spirits during 2 d,1,
wednesday afternoon debate on land tenure and
other unimportant measures. They had expect
ed a serious reverse in Monmouth. some Of them
betting heavily against their own candidate. and
they were amazed by the steadiness of their fol-
lowers in a constituency which ought naturally
10 have been Influenced by the agitation against
the coal tax.
Their spirits rose steadily a S reports were re-
ceived that the miners conference was break
ing up without ordering strike at the collieries
Their optimism was expressed by the remark Of
& Scotch member that there would be no tro,hIa
over the financial proposals at any stage and
that the Education bill and several minor meas
ures would be passed.
Liberals were gossiping over the strong nro
Boer vote at the NationaI.Liberal Club on the
question Of censuring committee for neglect
ing TO compel DR.. Clark to resign his member
ship last year Only forty-three members voted
for the motion and over two hundred against it
at q general meeting of the club.
Andrew Carnegie at the meeting of the Iron
and Steel Institute yesterday, advised the Brit
ish people how TO manage their own affairs. and
he is taken to task by The Chronicle this
morning in consequence. Mr.. Carnegie said that
the way 10 conquer foreign markets was TO have
control Of the markets at home. This remark
The Chronicle construes into meaning that
EngIshuen should pay no attention TO anything
outside OF the boundaries OF the British islands,
and jumps 10 the conclusion that Mr.. Carnegie
breaches a gospel OF most parochiaI utili-
tarianism.
Another remark made by Mr.. Carneg1e-that
there was far more lost in consols at 95 than
would ever be gained in South Africa-was not
unanimously acquiesced in at the meeting.
The American revel in speculation. with de-
tails Of vast fortunes made in the course Of a
few weeks continues TO fascinate and to perplex
Englishmen. The holdings Of English investors
in the properties which have been making a
meteoric passage across the western sky were
disposed Of long ago. There has been little
speculation here in American securities and the
market quotations have risen automatically in
response 10 Wall Street prices.
English SPECTATORS have kept out OF the
American market because they did not under
stand what was going on, and had no faith that
the rise in values would be permanent They
have nor made anything out Of the American
market and every other market has been stag
nant since the opening Of the Boer war
II American prosperity be an inexplicable mar
vel 10 Englishmen. J. Pierpont Morgan is the
inscrutable mystery. His name is connected
daily with one stupendous operation after an
other. until the British public is prepared to
cept any halfpenny fiction about him. Yester-
days rumors about his shipping purchases
lacked imaginative quality. and new Aneri-
can trust was reported as successfully financed
by him.
Two rival American guarantee insurance com
panies. managed respectively by Senator Platt
and Mr.. Croker. are reported to be founding
branches in London.
The London season is a failure from every
point OF view The weather remains cold, and
spring is unusually backward. West End house
agents complain that the demand for houses.
furnished or unfurnished. has been lighter than
for many years. The lack Of court functions
and the probability that there will be little en-
tertaining have combined TO keep the people
away.
The opera is receiving good social patronage
and NAV help to save the season from being the
duIlest in recent times.
Great social activity is expected next year
and the house owners in fashionable quarters
are improving their properties and advancing
their premiums London rentals never rise for
valuations and rates Of taxation would go UP
with them, but premiums are on an ascending
scale whenever a more brilliant social season
than usual is expected.
Public dinners are now coming on apace, and
there were many entertainments last night
Lords Londonderry, Tweedmouth, Avebury-
Denblgh and Amherst Mr.. Goschen, Gerald Bal
four and Austen Chamberlain being chief figure
heads and speakers.
A J. Balfour had a stirring reception at the
Primrose meeting at Albert Hall, but. unlike
Lord Salisbury, could not pitch his voice so that
everybody could hear him.
There was q private view yesterday at the
Goupn Gallery Of a beautiful collection OF Leon
Lhermitte's paintings, drawings, etchings and
pastels About eighty works were exhibited, in
Guiding many Of his most characteristic pictures.
Excellent examples Of this French painter may
be found in New York, Boston, Buffalo and other
American cities. but only one Of the best works
Of this artist Of rustic scenes is owned in Eng
land. I. N. F.
MINERS VOTE AGAINST STRIKE.
DECISION MADE TO AWAIT THE WORKING
or THE COAL, TAX