New-York tribune., 1902-01-05
NEWS OF TWO CAPITALS.
LONDON.
.o,p1T OF OPTIMISM FOR CORONATION
YEAR.
am ROSEBERY'S STRONG POSITION
Z WATCHING GERMANY AND THE
UNITED STATES
Copyright. 1902: BY The New-York Tribrne)
icy CABLE TO THE TRIBUNE.l

o--,vrieht: 1902: BY The New-York Tribrne)
ley CABLE TO THE rRIBUNE.l
,ondon Jan. ION the threshold of the new
..- a comfortable spirit Of optimism is
..,be The political croakers have been un-
,usDy gloomy in the annual reviews and homi-
u, but above the rumbling basses has rung
rt a high treble of cheerfulness and hope.
-oronation year has not opened with auguries
=, nsaae in South Africa. but there is evidence
.bst the Boer successes have been won at a
,.75bly high cost, and that the exploits Of
a--ha and De Wet cannot be repeated without
hnal process of exhaustion in the concentra-
.4,n of enfeebIed commanders The rebellion in
,bs Dutch districts S welnigh suppressed, and
the Beers after the most persistent and valor-
ous defence known in modern times, are peril
,usly near the last ditch on each side of the
rsal Lord KitcheEer's blockhouse system has
mt broken down. and the sheer weight of the
british resources is slowly but surely crushing
,be Dutch resistance. There may not be light in
rsrkest Africa but there Is a sense Of de-
ra4ing darkness. and in England there is the
c1sciousness of a new source of strength in the
lorsty Of the elf-governing colonies. Over
ubelled with burdens of taxation English
nsn are, and harassed also, with increasing
pressure Of foreign competition. they can con-
s,s themselves with the reflection that the old
oogntry is passing through a crisis in the fort
mes of the empire without financial disturb
sn,e. whereas Germany, without an eXhausting
var has been shaken and paralyzed by indus
i5sl depression
remarkably stimuative effect has been pro
5uced by Lord Rosebery's speech. The news
9apers are still discussing it, although il was
made three weeks ago. II has transformed the
political situation, il has supplied an alternative
Prime Minister, If II has not created alterna-
tive government a strong Scotch Radical has
erected me upon my return from America with
this declaration: we have found our leader
and shall not lei him stray away again. Lord
Rosebery is the only possible head Of Liberal
Cabinet No alternative government can be
formed without him, and he cannot be anywhere
except at the top. Mr.. Labouchere may revie
him and Ut. Massingham may sneer at him,
but the Scotch and English Radicals salts
fed with his speech and willing 10 accept him
as the only man who unite the party and
restore II 70 the stronghold Of power Always
ambitious. and never more than when he was
reproached for abandoning the Liberal party,
he has been fired with noble enthusiasm for
rallying and uniting the factions and leading
them to victory"
Nothing less than a miracle has been wrought |
when a consistent Radical and implacabe an |
tagonist Of the titled classes talks in this way.
pronounced pro- Beers and stalwart imperialists, |
who alike invigorated and inspired by the
authorized text Of the speech. Whatever else |
happens, the government viii be exposed here |
sfte; TO the most destructive criticism for lack /
Of efficiency and practical ability and the minis
ters will not be believed when they assert that |
an alternative government cannot be formed |
nom the wrangling Of the opposition factions.
The relations Of the United States and Ger |
many excite more interest in diplomatic circles |
han any episode in Continental affairs The /
Venezuela complication is closely watched and ,
naval demonstration, followed by the tempe /
'sry seizure of the revenues and a blockade |
aher Of La Guayra Marguerite is expected. |
is taken FOR granted by everybody here con-.
Tersant with foreign affairs that the State De-
Isrment has not only a secret understanding |
WITH but also a hard and fast declaration from, |
he Berlin government that no permanent occu- !
Iauon of any portion Of Venezuela is intended, /
nrany Infringement of the Monroe Doctrine ana !
ul such measures as may he adopted in the |
Ssgency are merely designed to facilitate the /
I 0edon OF lawful and just debts. and will not /
l c1a materially from the expedients employed |
! FFfsnce and other powers for enforcing equi-
| 14e claims against the Porte. it is clear that
i us Foreign Office here has been informed that
l @e United States and Germany have come to
n ---ee anu IDTTldI agreement respecting ttle
cope and limitations Of the naval demonstra-
IONS against Venezuela and that the relations
Inc two powers Will not be clouded If some
UNI Of coercion becomes necessary for the en-
%eement Of financial liabilities. The three
ses' maritime powers of the world are united
me policy Of holding inferior States. repub-
a or monarchical, responsible for debts, and
- allowing them TO repud!ate the valid claims
foreigners.
me business relations of England and the
h 'Nled States were never more intimate than at
4 .esslL Every incoming steamer from New
A brings a swarm Of American commercial
4 a'e-ers electrical engineers and mercantile
ssu1s eager TO reform and revolutonize the
sush Industrial system. The Campania, which
-'~ea in the wake of the Germanic and rode
j ts-E the seas which few days before had
l Eshed by q hurricane had an unusually
1 b eontingent Of representative American
ss men, The gold fields Of Alaska the
! sss OF the Philippines, the shipping inter
1 Philadelphia, the export trade of Chi
we're represented among the saunterers on
u 0ha the card players in the smoking room |
we're agents Of every important Ameri-
uustry, from electrical engineering 10 cor
-~Ahg. and there inventor with
es-e models for ship compartment door
- could be closed by water so as to render
me largest tonnage secure against every
yer except fire.
A. penevolence Of Americans eager to run
as little island is not limited to indus
- eectric railways and miscellaneous inven-
- they are also prepared 20 compete for
~,aofs Of the turf and sporting prizes of
NAo- Foxhal Keene, who has arrived in
80 0y the Campania, expects to head a
h IN the international tourney.
IL "talher I'm fs mild x-fsb Tho :