New-York tribune., 1902-07-15

planned. and the new Prime Minister not
working in the dark The ultimate results can
not yet be forecast, since Sir Michael Hicks
Beach's resignation is temporarily withdrawn
but the Cabinet without Lord Salisbury and Sir
Michael Hicks Beach will be dominated COM
pletely by Mr.. Chamberlain's aggressive force
of character. The Prime Minister. with all his
amiabilites who we'll deserved the hearty trib-
utes received yesterday in the Commons and
the Foreign Office. cannot resist the pressure
OF powerful WILL strong and sincere as may be
-fr. ChamberIain's friSntislIsD for t.fr-- -
Various forecasts are made respecfs-.7
pending Cabinet changes. One is of Mr.. Bal
four's ultimate elevation 10 the upper house
This seems less probable that Sir Michael
Hicks-Beach is going out and the Duke Of
Devonshire has taken up the leadership OF the
upper house. Mr.. BalfouT's friends assert that
he has a strong preference for the Commons
and mas been warned by Lord Rosebery's ex-
perience that the party leader is not safe in
the House of Lords when he has a powerful
rival in the lower house. Another prediction is
the transfer of Mr.. Chamberlain from the Colo
nial Office to the Treasury. This seems hardly
credible unless Mr.. BalfOur intends to accept a
peerage after the Education bill has been en-
acted at the autumn session. and leave Mr.
Chamberlain leader of the Commons. Another
explanation is the appointment of some rising
the Exchequer- Sir Michael Hicks-Beach him
self hinted that a younger man would succeed
him. Mr.. Wyndham is Mr.. Balfour's intimate
friend. has talent and taste for finance and is
not at home in the Irish Office. These and
other forecasts do not lack pIausibility. but the
ultimate result must depend upon the working
relations established between Mr.. Balfour and
Mr. Chamberlain. Evidently these ara cordial
at the outset but this may be because there is
specting impending Cabinet changes.
The Stock Exchange was quiet yesterday, un-
affected by the of Lord SaIisbury's retire
ment. but consoIs rose on the announcement OF
the resignation of Sir Michael Hicks Beach who
always has been the most unpopular man in the
City
The office of Lord of the Privy Seal. which
Lord Salisbury held at f2O00 year. has been
given to Mr. Balfour. but the new Premier
is already the First Lord of the Treasury he
receives no extra emolument. and he Will not
have to offer himself for re-elecuon
1t is probable that the King preferred to have
the ministerial changes effected at once so that
he could be relieved from the pressure Of public
affairs after his coronation and 5e free to go
to Homburg or BaImoraL There is anxiety
over the effect of the journey TO the coast and
life on board a yacht the Kings health
learn that one of the Kings surgeons strenU-
ousIy opposed the August coronation plan
The round of colonial entertainments was
continued with a luncheon at the offices Of
'Lloyds' Register and banquet at the Ma
tional Liberal Club. where the front Opposition
bench of the House OF Commons well rep
resented. The colonial visitors were greatly
surprised bv the sudden retirement OF Lord
Salisbury and increduIous when assured that
immediate change in the political fortunes
of Mr. Chamberlain was likely to occur. The
feeling amOng the Liberals varies with tenn
perament Mr.. Balfour has Mr. McKinley's tact
and dexterity in dealing with opposition. and is
personally liked because he is cOnsiderate and
never wounds the susceptibilities OF his OppO-
nents The Liberals do not conceal their salts
faction over Mr.. Balfours promotion and MT.
sChamberlain's retention in subordinate posi-
ton though there are some dissenting voices.
Astute Liberals assert that from political
point of view 1t would be a marked advantage
for the Liberals to have Mr.. Chamberlain either
Prime Minister or leader in the Commons be-
cause in either position he would create dissen-
sion among the government supporters.
Last night there was wide range and va
rietv of amusements. There was the usual
scene of enthusiasm at the Patti concert in Al
1T SAVES DAY
The ao-hour train of the New York Central and
Lake Saore enables a man TO 90 days work in