New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-06-05
NEWS OF TWO CAPITALS
kim and Emperor-Chances of
Peace IN Far East.

,o1dor June 4-''The Spectators treploatloh
= the Kings visit 10 Kiel is a fresh proof
81 the German Emperor gets on the English
'i- The Venezuela affair is recalled, and a
- ENHANCEMENT by which British relations
France and Japan may be clouded is
s-eoded. Even The Daily Mail" which dearly
80 an anti-Gerrnan agitation, laughs at these
IS The King has the confidence of the ma
- As an astute diplomatist. with true Eng
.s,irc+ he does not need warning that
- understanding with Russia must not
-. tbroueh German intrigue but through the
- offices of France. When the entente
'sia1a has been generally recognized as the
,a,,s greatest service to England. he is not
,r,eIr 10 make a stupid misplay in the Ger
.,.r Fmperor's interest. The Kiel function Is
.ha Fynperor's tribute to the increased prestige
:, the King. During the closing years or the
victorian reign the Emperor was the most con-
,scuous figure in European diplomacy He
,ow has a rival in the King. who has read
.reted the diplomatic forces of Europe at u
or,t,cal period. While the German press and
literature revealed bitter prejudice and jealousy
oo,nst England the Emperor was not inhu-
snced by It during the Boer war. He is a brill
can't sovereign. who is bent upon placing Russia
nder obligation to Germany. and thereby Sc
ou-,np neutrality at ST. Petersburg when the
sfrap
.nto the circle OF the empire. The King is not
I,belv to be duped. He was not caught in the
venezuelan affair: the mistake made by
ore Of Lord Iansdownes subordinates.
ronsnese strategy and the halt OF the Tihetan
vre6tton at Gyangtse are the chief topics In
automatic and military circles. The chances of
early peace in the Far East are considered
bright since the japanese may compel the Rus
SLAMS 10 enter into negotiations by the capture
n, Port Arthur and the enveloptng movement
NOW in progress against General Kuropatkins
army. There are no signs that Russia will
bring about a in the Near East in order
% regain the prestige lost in Manchuria- The
Macedonian insurgents. being provided with
money and arms. are quiet, and the reports that
the Austrian and Bulgarian armies are prepar-
,ng for a campaign not confirmed. Lord
curzon is reported 10 take an extremely hope
III! view of the Tlbetan affair. but the reasons
era not stated. The position of the British
mission with the armed escort continues TO ex-
cite much uneasiness among government off,
Gals and members Of Parliament.
The brokers in the Street say that business in
American stocks never lighter. and that
British investors will remain out Of the mar
ket until the Presidential election Is over. They
ties there IS no lack Of confidence among Eng
lish fnanciers IN the future OF the United
States, but q deep conviction Of the growth
Of the country on a sound basis There is gen
eral belief among the best informed men in the
Street that the solid surplus which Americans
Jay aside every year has made the country
perior 10 politics and speculation The Atlantic
rate war is regarded a losing campaign. in
which the English and the American lines will
suffer and the German lines increase their pres
sfge az minimum cost. Reductions IN first
class passage not expected next year, al
though an enormous transatlantic business is
hoped for after the Presidential election.
The triumph OF the American golfer In win
ming the amateur championship is taken in a
Eportsmanlike way. Golfers say that the style
OF play here VIII be altered in consequence Of
W J. Travis's cautious and scientific work He
has taken his own success modestly, and has
not made the mistake of talking about it or
telling the English how to play the game.
The centenary of Cobden's birth supplies the
friends and the enemies of free trade with
texts for honliles His hold upon the respect
Of Englishmen has not relaxed when the Cham
berlain protectionists call themselves true free
traders. defending his main doctrine Of liberty
Of competition. and the Liberals explain away
his cold references to the colonies and low esti-
mates Of their value imperial assets Cob
dens description of the empire as a responsible
trust based on the voluntary partnership of the
colonies does not apply to Dutch South Africa,
which is held by the sword. nor are his views OF
Industrial freedom carried out by the Colonial
Office which is striving to break up the ship
ping ring, which holds a monopoly of freight
business
The assault upon free trade has been sus-
pended, and British politics could not be more
undressing. The only important announce
nent Of the week is the governments refusal
TO act upon the report OF the royal commits
sion and introduce CONSUMPTION. as compulsory
military service would rival bread taxes in I'M
popularity. The government. which holds
on to Office even though the heavens fall. is not
showing interest in the reorganization of the
auxiliary forces Of the volunteers and militia.
Or Henry Campbeil-Bannerman continues to
make fighting speeches outside Parliament and
10 waste opportunities inside
one Of the most interesting literary rumors is
me decision Of Lord Rowton's executors that
The long delayed life of Beaconsfeld shall be
undertaken without delay The material which
Lord Rowton arranged with painstaking care
mas been examined and a large number of let
lers from Queen Victoria 10 her favorite Prime
minister have been found. Several publishing
Arrns have candidates for the position of official
Dlographer and willing to finance the enter
prise on liberal terms as was done when John
morley spent several years in examining Glad
Stones papers.
The report that whistler's peacock decora-
Mons have been purchased for America has not
been confirmed. Obach has secured control of
Mhistler's designs which were painted on