New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-08-28
NEWS OF TWO CAPITALS.
AFFAIRS IN LONDON.
BcJfoars Statement on Neutral
Commerce Clears the IAir-

commerce clears the x4lr
Especial TO The Nsv-york Tribune by French csb,.A
ocery-rht: 1904; BY The Tribuns Assoc.stIonA
LonSon. Aug 27.-Bslfour's detailed stat.ns,,
respecting the rights OF neutral commerce bs,
cleared the air. The British government laws
ruore stress upen the beligerents right o. sea-cb
than the American State Department has done.
but this is natural when IL represents the +r.5;
tons ef the NspoIeonic wars and the .xisttns r.-
sources 81 the greatest modern navy. Otherwise
the two governments hold the same views srd
support eacn other morally without taking Joint
action or making common cause They bo,b
refuse 70 agree 70 the Russian contention that
GOOD or coai is concraband without reterencs :,
irs destination for military naval use: ana Will.
prize courts may condemn or naval conomarda-s
seize or destroy neutral cargoes neither r.
land nor America is bound 70 recognize IN. v.,,5
tty Of such setion. but each retains IN. ina,,.,a
bic righ; Of getting full compensation for losses
ey diplomatic means There will lie no nrot.s.
here Russian cruisers stop British vessels
n the Straits OF Dover or OF LAMBS F,s -
search them for coutraband; but there VIII, =.
full oill far costs for every breach Of neu-raI
r1sn1s or International law There is no proof
that the Russians have Disseminated against
The British IN fsvcr Of German cor,rs-cs
The British Association has adjourned after
O season Of unwonted activity There w.-.
two important discussions One OF thes. a.
bates was IN the geological section. where Pro-
sessor Karl Pearson made fierce onslaught
upon Menders Laws Of Heredity." and pro-
fessor BaSeson vigorously reanirned the cur
rent views IN regard 70 natural selection The
other was the discussion regarding the RADIO
activity OF matter. In which there was q sub
stantial agreement that rzdium does NOT ia
I'VE energy from outside sources The most
practical subject debated was that OF the cot
ron growing resources Of the empire The
next years meeting at Cape Town, with George
Darwin president will open the way for q
Journey 20 Australia n the course OF a few
years.
The theatrical seasons opening this week
promises &c be e revei IN tarcicai comedy
Managers have been impressed with the popu-
A-ity Of the Duke Of Kiilicrankie." and agree
IN declaring that playgoers desire light enter
ta,n-1e-t aid VIII not have anything serious or
thoughtful The opening play is Henry Arthur
sones's "Chevalier." az the Garrick with Arthur
Bourchier Mount Eagle. living by his uirnbie
wit The conventional Baronet Jones returns in
q sprlghtly mood and is more frankly fa-cical
sydney Valentine. Violet Vanbrugh and Nancy
Price are included n = strong cast The Hay
market company viii reappear early next week
n theatre IN the Beauty and the
Barge and ". ". Jacobs Is the chief author.
with Leuis Parker as stage filter. a serious
drama is not anticipated. One farce will follow
snether as the season advances. Even Pinero
Is returning 70 light comedy IN his style. and
Trees production OF The Tempest" at His Maj
es1y's VIII be the principal exception to the light
vaudeville programmes arranged for the an1use-
rnent q the public
The high prices n wheat and cotton attract
- -.
Presidential politics Of America Since the
demand for cotton has not been met by
the opening OF enlarged sources IN the world s
supply nrices have rzn I'D. The stapie industry
Of Lancashire IS thus affected by natural causes
rather than by the unprincipea intrtgues Of
greedy spectators There viii be marked re-
rival II manufacturing al Lancashire IN the next
twelEerocnth whether cotton goes higher or
lower. The production has been lessened for
two years. and the supplies OF cotton goods
have been greatly reduced in al the markets
ard need 70 be repIsnished. While the corn
market. here have been free from the wild
fluctuations OF the American markets. wheat has
advanced from three 70 five shiIlings quarter
since June; but there lie general impression
among large operators, that the damages 70
transatlantic crops have been overestirlated.
and that the surplus OF 100000 quarters viii
be supplied from the United State. and Canada
EEe1 the most pesslrI1sIlc forecasts
flied and no surplus comes across the Atlantic.
the situstien VIII be LEGS critical than the year
OF the Letter corner. since the Russian and
French crops are much larger and the Indian
surplus may be heavier
Shippers in Liverpool and Hamburg are en-
phztic II condsraning the Atlantic rate way
when the market for freights is il its present
staguznI condition, and when steamship lines
are dependent upon the profits Of the passenger
trade. Lord Inverclyde has agreed TO reopen a
conferences with Herr BALM at Frankfurt next
week and Bruce Isray and Mr. Morgan s
partner VIII De within call II IS not likely thai
rhe Cunard company viii abandon the Hun
gsrsaa ernigrart service at the dictatior Of the
German lines but il is probable that Herr Bal
ill., acting under the German Ernperer's advice
VIII propose an equitable division Of the emf
grant tra>ic from the Continent and q mutual
agreement respecting rates which will leave
margin Of profit 10 all competitors When the
srigrant traffic has been restored 70 renuner-
alive basis II is expected that an agreement VIII
be reached n regard 10 the first class passenger
rates with heavy reducttous'for the winter sea-
son- N r