New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-03
ROOSEVELT. CHAMPION
WRESTLER FOR PEACE.'
Especial by French Gable TO The Trihunel

London Sept marked advances in the
moral order of the world a reaction
against the barbarisn of war. President Roose-
velts unique distinction great pacincator IS
unrivalled but every important government
covets the reputation Of having helped on the
good work Japan's claims. based on mag
nanirity in triumph, are balanced by Russian
sacrifices for the sake of Cancellation Inc
1o,son Times contends that the renewal of
the Anglo-Japanese alliance rendered peace pos
.ibl.. since it was a guarantee of the malnten-
snce of the results Of the war. ano creoltS Ihe
British Government with useful service to
mankind France regards her good offices with
her ally as suppressed agency in the restora-
ZION Of peace Germany has the President
word for it that the Emperor's cooperation was
OF inestinable value. The Foreign Omces' IN
stead of being whispering galleries of intrigue
and duplicity, as in BismaYcks day, nave sud
denly become experience meetings for the pro-
fession of faith in diplomatic virtues and the
welfare of humanity.
The most important question raised in diplo-
matte circles is: What will President Roosevelt
do next? Originally picturesque figure in
Western civilization he has grown in moral
dignity until he has become a personality of
worldwide influence and celebrity. The best
English description of him is George Meredith's
phrase champion wrestler for peace" but the
chorus of praise and eulogy has been unprece-
denied for heartiness and unanimity. No other
American statesman ever received so striking
tribute for his disinterested labors and nobility
az character. With prestige so irresistible
there Is great opportunity for American leader
ship in the cause of national peace. What the
diplomats now expect is that he will renew his
invitation for the second peace congress at the
Hague and propose measures for defining con-
of
and private property at and limiting naval
warfare to conflicts between vessels at war. No
European government could venture to decline
q clear, definite invitation from Washington
THE 4NGLO-J4PANESE COALITION.
Another matter of supreme Importance is the
nature of the obligations assumed by England IN
tn. new alliance with Japan It is generally
believed that the two fleets will be united if the
interests of either power assailed in the
Pacific or Indian oceans by single power, An
agreement of this kind would have arrayed
England against Russia III the recent with
out reference to the action Of France any
other power. The coalition is much closer than
before and divides the control of the Pacific
between England and Japan. Yet it is justified
the ground that ii secures the maintenance
Of the existing territorial status and the open
door principle for world commerce What every
assist in the defence of India The text of the
treaty would be awaited with anxiety if it were
not known that the American and the French
governments have been consulted
KAISER NO MARRIOTT.
One of the best results of the week has been
the exposure of the fallacy that the German
Emperor is a marplot. intriguing against the
worlds peace. President Roosevelts telegram
to Berlin astonished Englishmen more than the
peace itself which, the correspondents at Ports
mouth had agreed was impossible and hopeless
1t corroborated the reasonable view that the
Emperor was persuading the Cars commits
sioner. NJ Witte TO make peace, when the half
penny press here charging him with closing
the Baltic, intriguing for the crown of Norway
and sowing tares in the European field The
good effects of the Presidents recognition of the
t-mperors services will be increased if, is now
rumored q speedy meeting of King and Kaiser
be arranged as sequel to the exchange of COM
piiments between the Channel and German
fleets
EFFECT OF PEACE on FINANCE.
Peace was so generally expected by the great
hnanciers whose opinion Influenced the Stock
Exchange. that little effect has been produced
beyond hardening the money rates. The pay
rnent Of large indemnity would probably have
pleased the bankers here, bur, under conditions
Of peace they expect that Russian borrowing
will be restricted and the bulk of it done in
Germany and America. Some experts calculate
that japan, after paving her way through the
war by internal loans and increased taxation,
viii now have S125 100000 from the ransom of
prisoners the conversion of the Manchurian
Railway assets and other sources. and VIII
strengthen the gold reserves at home. Persistent
hardening of money rates is expected. with no
immediate Improvement in trade.
UNCERTAIN POLITICAL EFFECTS.
The political effects of the peace of Ports
mouth are equally uncertain. In England the
strongest objection to general election has
been removed since the critical state Of foreign
affairs can no longer be urged a plea in
ertenuation of the Prime Minister'S reluctance
10 dissolve Parliament armistice has been
arranged the alliance with Japan and the re-
newaI of the Morocco conference virtually de-
cided and dissolution offers no menace to Brit
ish interests, yet there signs of a general
election. Mr. Chamberlain is reported 10 be i'm
proved in health and not anxious for a pre-
busween Mr.. Balfour and Mr.. Chamberlain were
never closer or more cordial. The Prime Min
ister's friends report that he is in the most
buoyant spirits and that he expects to rearrange