New-York tribune., 1903-01-15
EASY TRANSVAAL TERMS.
PAYMENT IND LOAN.
Thirty Nilli0R Pounds -4sked-Slozc
I5Tork at Berlin.
Cspecial to The Ner-ror, Tribune by French cableo

te0 to be expended on reproductive public works
in the Trailsyaal and Orange River Colony
Reuters statement IS. however accepted as ac-
curate. The general impression in the City is
thar the Rand Inagnates got off lightly but if
Mr.. Chamberlain has satisfied himself that f30.
O00000 fairly represents what the mining COM
mUnity can pay. ;he mass of public opinion here
is likely to quarrel with the estimate al
though il amounts TO only a fraction OF the total
cost of the 1t would have been very short
sighted economy to have put impost upon
the Rand which would have checked the free
development Of the enormous mineral resources
Of the TransvaaI The additional f30.000.000
should go Tar toward repairing the devastations
Of the campaign and toward providing the
necessary transit facilities fer the free expan-
sion Of the two colonies. THE Evening Stand
ara" says that NJ. Chamberlain has made the
whole empire his debtor by the statesmanlike
manner in which he has conducted these del
icate negotiations 20 so speedy and satisfactory
q conclusion.
There are signs of increasing impatience in
England over the delay in raising the blockade
OF Venezuela The moral drawn by the pro-
vincial press from the independent attitude of
italy in condenning the blockade and advo-
eating Cas4ro's cause is that England might
have taken the attitude If there had not
been a hard and fast alliance with Germany.
Meanwhile dispatches are exchanged between
Berlin and London, and ii seems impracticable
10 obtain an adjustment of the phrases of
simple protocol providing for the adjudication
Of the claims A settlement would have been
reached between Washington and London with
out delay if there had been no obligation to
fer every detail to Berlin. The Balfour govern
rlent is not likely to make another agreement
with Germany before the general elections in
the United Kingdom.
Professor w Smart read a most interesting
paper on industrial trusts at meeting of the
Society Of Arts last night Trusts, he said,
were the phenomena Of economic progress.
They were the elimination OF the unnecessary
person, the unnecessary process and the un-
necessary thing in the production and distribu-
ton. of goods There many features Of re-
sernblance between the American trusts and
British combinations. Both forms of organiza-
ton aimed at being monopOlies, but while.
thanks TO protests, American trusts, secured
against competition from the outside, might at
tain an effective monopoly within their
country and enjoy the high prices of a monop-
oily, British combinations, living under fierce
struggle of competition with all the world, could
survive only at the cost Of eternal vigilance,
efficiency and low cost Mr.. Smart said that
British combinations were not rule, strik-
ingly successful. He might have pointed out
that some Of them We're rank failures. Sir
Robert GifTen. who took part in the discussion
which followed the reading of the paper. ex-
pressed the opinion that if the United States
We're 10 abandon a high tariff the mischief of
the trusts would be ended at one stroke.
England is in the grip Of winter North, south,
east and west, the conditions are the same
biting winds, brisk weather, with a dash Of
frost and in some places enough ice to make
skating safe. The movements Of the barometer
indicate that there is reason TO look for any
startling atmospheric changes, and frost occa-
sional snow showers, with interludes Of fog, are
likely. therefore, TO be prominent items for some
time in Londons meteorological programme.
At the City Orthopadic Hospital yesterday
afternoon Or. Lorenz gave highly successful
demonstration, in the presence Of large num-
ber Of medical men. of his bloodiess method Of
operating in cases Of congenital hip disease.
The famous Austrian specialist said that he had
been treated with the greatest Kindness during
his stay in the United States, but he declined to
express an opinion upon the progress made IN
British surgery since his first visit TO this coun-
try eighteen years ago, the comparative
merits Of English and American surgery.
The American steamer st. Louis is nearly four
days overdue and anxiety is expressed in ship
ping circles as TO her safety
The Arts and Crafts Exhibition in the New
Gallery contains evidence of an increased range
IN actixities most useful to society. Enamels
and 3eUelrv which were not represented AT the
es-J;es+ shows are now among the best features,
and The work of the godsu1iths and silver
smiths is also varied and original in design
The North Gallery is filed with wall decora-
tinns and furniture, arranged in recesses ana
,ro,,-e5 for the sake Of showing the combined
effects of the work of designers and craftsmen
The furniture lacks the hghtness OF oecofatiNe
effect and is designed with undue soldity. The
walls Of the West Gallery are covered WIN
White ,-s,,,,as against which black and white
DESIGNS and examples of artistic needlework are
clearly outlined There are cartoons Tor stained
glass drawings for wall papers, emnroloereo
sirr ,,arels and tapestry designs. The glass eh-
bif,it IS conspfcuous for its beauty and delcacy
of 5eeier, rather than for color 1he metal
v-orl. ie novel but clumsy, the lace is com
,,o-,1s,a and the iewelry exceptionally inter
estinq owing to the introduction or ne" styleS
.,s fos md exouisite effects Of color Books
viii ,ie,;c bindings are the chief attraction In
,ta Sort., Gallery. while the central corrloor
oo,,a,re = richly decorated gilt cassone large
ano,el, "a hold the marriage trousseau OF the
Queer, of ebeba II was designed ana executor
Nv Mrs Maurice Hewlett, the panels In lhe si"eS
being naiuted by Miss Holman HUNT Ihere are
over six hundred exhibits, and no branch ol ar
tsstic bandiwork is neglected i =:
MRS D. H. KIDDER ROBBED.