New-York tribune., 1901-01-15
LATEST LONDON COMMENT
CHINA QUESTIONS PUSH AHEAD OF
CANAL DISCUSSIONS.

srEz AND NICARAGUA PARALLELs-RGcHARD
CRoKERs MovEMENTs-sTocK GAMBLING.
Copyright: 1901: BY The New-York Tribune1
[BY TRIBUxEl
London, Jan. -, a. m.-China questions be-
,ng more urgent, in view Of the signing of the
agreement by Prince Ching and Earl L. it is
NOT considered probable at the American En-
bassy that the Foreign Office will take decisive
action upon the amended Canal Treaty this
week The rejection of the amendments will
be an unpleasant surprise. if it be brought
about There is. however, no definite assurance
that the amendments will either be accepted
or rejected, but there is a hopeful feeling that
the Foreign Office will take advantage of a ia
yorabie opportunity for bringing fifty years of
controversy TO end and promoting good feel
ing between the two countries. There would be
little doubt that the changes in the text would
he sanctioned if the Davis amendment out
Of the way. This is the chief obstacle, because
II is academic in form and vague in application
vet on parallel lines with the Suez Convention.
England by virtue of political control at Cairo.
could close the Suez Canal against warships in
an emergency, if Lord Cromer were instructed
10 do So and this policy might be dictated by
self-defence if a hostile feet were on the way
70 India The Foreign Office might have stopped
Camara's fleet if the American Government had
suggested that during the war with
Spain. No request was made, and Admiral
Camara went through the canal. and returned
when he found that the fleet could not reach the
Philippine Islands. But Lord Cromer might
have prevented either passage if he had been
directed to do The same powers, reserved
under the Davis amendment for America in an
emergency. will virtually be, retained by Eng
land over the Suez Canal so long as Egypt re-
mains under her political control
Richard Croker has not yet returned to his
English residence. Moat House and his con-
fdential mans face has cold and sphinXlike
expression when questioned about his masters
movements and plans.
The large hall in Cannon Street Hotel was
uurky with fog yesterday, and seven candles
were lighted on the chairmans table, when the
London and Globe shareholders were called TO
order The fog did not lift, was there more
light as the proceedings advanced Lord Duf-
ferin who seemed i'll at ease, quickly brought
forward the managing director. and his resig-
nation as chairman was reported at the close
of the meeting. Whitaker Wright admitted that
about 50 425 900 required to settle the losses
resulting from liquidation of a large line Of the
conpany's assets on the Stock Exchange He
did not explain the mysterious transactions py
which collateral securities for loans negotiated
for carrying large lire Of Lake Views had
been sold when he was trying TO corner" the
stock and this matter which deeply con-
cerned the Stock Exchange. He asserted that
the coupany interest in the Baker Street and
waterloo Railway had been sold for S2.5O0ooo.
and that with an assessment of five shfllngs
share all debts would be paid and several hum
dred thousand pounds Of capital be provided for
carrying on the business. resolution for the
voluntary winding up and reconstruction OF the
company was finally carried after an exciting
meeting These amazing revelations OF stock
promoting degenerattng into stock gambling OF
the most reckless kind, with managing direc-
tor attempting to corner the market and
retired statesman in the chair, ignorant Of what
was going on. have startled the Street.
An American syndicate is believed TO have
nurcbased the Baker Street and Waterloo Rail-
way.
There is a good deaf of uncertainty as TO the
exact intentions Of the Government in regard 10
the question of reinforcenents for South AREA
The announcement made SO positively yesterday
Iv The Post that the enrolment of Baden
Pov,eIrs police force had been abandoned is Of
6cfaIIv contradicted. Probably THE Post was
led into error by the confusion of official plans
as it is now stated that in addition to the
core+a bularv the War Office intends 10 dispatch
70 the Cane five thousand men TO strengthen the
Imperial Yeomanry. which. rs a fighting body
has baen seriously weakened. 1t is expected that'
without counting the police recruits ie"
weeks time will more than ten ti1ousahc
fresh British troops in the field Ihe quesuoh
of mounts is also being dealt with, ana horSes
are novv II is understood, being sent TO South
Africa at the rate of about eight thousand
month
This mornings newspapers are not uiiuuiS
iubuant because the Chinese Commissioners
have affixed their signatures TO the JOINT hote VI
the Powers II is felt that there is sun uch to
he done before the normal situation In emma can
be restored
The death of Bishop Creighton yesterday ""'
not unexpected as he was known TO De sulief
ing from an incurable malady. The cholce Vi
a successor of this eminent. scholarly DiSiIop
will be a difficult duty for Lord SALISBURY III"
last episcopal selection was Broad Gnu IN
man.
nr WTTTE,S STAR IN ASCEADiAI'