New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-01-17

on II. canno; lie cosrsely dismissed with par
sisan abuse. 'Punchs" satire Is finer when IT
represents M Chamberlain as leading or
chestra in which every musician wears a mon
ocle There is not free trader and TO neutral
on the commission. nor single statistician or
economist OF national reputation. They are ali
Chamberlain men. but they also representa-
tive business men of exceptional energy and
ability. AIr Chamberlain. Hks Golden sixty
years ago. rallies around him business men who
are converts TO the new fiscal policy. He does
not organize a band of neutrals nor rally re-
serves of his friends the enemy. The tuning up
OF the Chamberlain orchestra has been accom-
panied by a blsre Of trumpets and The popping
OF champagne corks. Arthur Pearson, the
fortune OF whose newspaper has been made by
the stanch advocacy OF the Chamberlain cause,
is stage manager, with II. Z. Britain. secre-
tary of the Pilgrims Society. understudy.
Dir. Chamberlain himself has delivered adroit
and businesslike speeches. and excited great
enthusiasm among his supporters MI Bal
iour's speeches have fallen fat. since il is evi-
dent that he must ultimately take up the Cham
berlain tariff and appeal TO the country upon IT,
The talk about the ACKNOWLEDGEMENTS coali-
tion steadily gains in volume. This alliance, II
carried out. will increase the dissatisfaction Of
the Radicals snd irritate the Nonconformists.
ls Dor dissensions. The Of partisanship
involves the exclusion Of politics from drawing
rooms and dinner tables. Political discussions
have not been bitter since Gladstone raised
the Home Rule question.
The Quarterly Review" publishes a long ar
ticie by S. J. Mclean dealing with pools, trusts
and industrial combinations in the United
States. Extracts from many American pubiica-
tions appear under the title OF the article. but
the giews expressed are colored by the writer's
individuality. he forecasts an expansion or the
powers OF the federal constitution for the regu-
lation OF interstate commerce. more rapid in
crease OF capital rather than of the highest
types of managing ability, readjustment OF
their finances by 25 per cent Of the existing
. combinations, and an American invasion OF out
lying countries which Europe has hitherto re-
sarded as it's own The article is well written
and carefully reasoned out
The new underground electric railway 10
Finsbury Park has been opened eXperimentaIly.
1t has the widest tunnel and the best electric
equipment in London. 1t will be operated for
three years by contractors a feeder for the
suburban transit Of the Great Northern Rail-
way, and thus is isolated spur which is not
connected with the main systems Of under
ground transit All new projects have been
hung up until the commission can report TO Par
lament. with the exception OF the Yerkes COM
bination. which has raised fl2,0oooo0 for four
great enterprises. and is working steadily on the
largest powerhouse in the world. This will be
completed by the end OF the year, and the
Metropolitan District Railway will be operated
by electric traction. The tunnel between
Waterloo and Baker-st has been finished and
extensions in progress at each end. Work is
also in progress a large scale on lateral lines
10 Hampstead and a trunk line from Finsbury
Park Holborn, Piccadilly Circus. Hyde Park
Corner and EarIs Court. The Yerkes circuit is
the only fairly complete one planned for the
metropolis British labor is employed on all
these works. but much material comes from
Germany, where the manufacturers OF steel
walls are undertaking competitors here.
y. F