New-York tribune., 1902-10-01
CUNARD NOT In DEAL
BRITISH GOVERNMENT TO
SUBSIDIZED LINE.
TWO NEW STEAMERS To BE BUILT
CONSIDERED AS BDow To NOR
GAN COMBINATIoN-TUR

ISH TROUBLES
sr.,ia, to Tho Nev-Yors Tribune by French oahls1

.s..,si 10 Tho Nev-Sork Tribune hy French cahleD
,,,,,risht ials Rs The Tribune Associatonl
,oaon oct l. I a. m.-The Cunard Company
..r,ains a British concern, and the newspapers
-. chucllng over what they regard de-
%, Cor J. p Morgan and the Atlantic shipping
.,,nination The Cunard shareholders were
-, ,ieht Informed Of the terms OF agreement
Tween the company and the British Govern
.r, An annual subsidy Of fl50O0O will he
I'D IN the government. and the company viii
i,,1s Two larse steamers for the Atlantic trade.
-hs government viii lend the money for the
-.,-s,r1rtion of these vessels, charging interest
~, he rate OF %. per cent, and the company VIII
nav this loan by annual payments extending
over twenty years.
This agreement is 70 remain in force for
,Nenty wears after the completion of the
on6 steamer and the undertaking is 10 he given
that the company viii not unduly raise freights.
II was generally believed I'm Liverpool last
night thar Sir Christopher Furness and Sir
Alfred Jones viii make offer 10 the Cunard
c,rln4ry which may end ia their taking a hand
IN The business ~ the company. II is believed
that the new Cunard boats Wil be the fastest
liners sAoat and that they viii be capable OF
s,eanlinc tWon.y-fv knots an hour. and this
,yin mean thar Great Britain Will wrest from
Germany the laurels for speed supremacy IN
the Atlantic.
The order for the vessels viii he given 10 two
of the best hrms on The Clyde. These are eN-
rected 10 he the Fairfield company and the
Thomsous The building Of the steamers will he
hurried with an possible speed, and IL is eS-
pected that they win 10th be afoat m less than
Two years
r,lulor reached Liverpool late last night that
sir alfred Homes viii run a freight and cheap
passenger service from Avonmouth 10 Boston
next year
Mr. Marconi win. il is stated. this month
send across the Atlantic wireless message
from Cape Breton 10 Cornwall
"reminiscences have dangerous tendencies in
tbs Balkans While Russians and Bulgarians
have been hghtng sham battles az shipka Pass
IN commemorati0n of the victories over Sulei-
man twenty-five years ago. formidable insur-
rection has broken out IN Macedonia, and the
Turkish Government has called out 10000 re-
serves 10 suppress H. The magnitude of these
precautionary measures is the principal evil
dence OF the seriousness Of this new Eastern
crisis For the rebels. or revolutioaists. they
may be called while they have found leader
IN a veteran officer Of the oldtime Bulgarian
army. have not Yet been reported In great force.
and are operating in the mountainous districts
along the Ser,ian and Bulgarian frontiers. and
are IN a position 10 retreat II hard pressed into
friendly territory The Turkish Government,
knowing how much dry timber is awaiting a
touch ~ fame among the eNcitahle mountain
ccrs nj Macedonia and Albania is evidently
forcwarncd and ala rmed The revolt will he
stamped out hy the weight of hattalions before
tac scrvians and Bulgarians have time for hold
ilg sympathctc meetings and supplying re-
DuitS
Tho threatened opposition Of the Irish Ma
t.oralsts 10 the Education hin eNcites the re-
sentiment ~ English Roman Catholics, who.
under the leadership ~ Cardinal Vaughn and
ta. Duke II Norfolk have made common cause
with the English Churchmen. II is estimated
roughly that the voluntary schools now con-
Quoted In England by me Roman Catholics viii
receive g2000n0 from local taxation IL the Edu-
cation hin 10 passed without material amend
meut. TIE Irish Nationalists are masters Of
their tactics. hut are now in an excellent state
AZ discipline
Mr. Redmond's views. when announced at the
meeting Of his Parliamentary followers. are
likely 20 prevail without dissent
The course Of the American stock market was
O great surprise 10 the croakers here who had
been eNaggeratng the effects of the monetary
stringency and assuming that the relief meas
ures proposed by the Treasury Department
would he unavailng All their dismal forecasts
were upset by the events Of a single day.
Ambassador Meyer, who has been making a
brief visit 10 London, viii start for the Cont
nen' to-day, on his way 70 Italy He has not
admitted that has any intention of resirninr his
post, and evidently enjoys his diplomatic ,vorl,
He has made arrangements for rema,,irr q,
Rome another year
me cutters feast was celebrated al sheffield
Iast night with unwonted civic pomp Lord
Kitchener and the American Anbassador sharss
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