Palestine daily herald. [volume] (Palestine, Tex.) 1902-1949, 1905-08-31
PRESIDENT PRAISED.
Press Of British Metropolis Give Him
Credit For Outcome.

Credit For Outcome.
London, Aug. 31.-News of the con-
clusion of peace at Portsmouth reached
London SO late Tuesday evening that
with the exception of official and diplo-
matitce circles and those who in were
in the city at late. hour the an
nouncement in Wednesday morning
papers came as a complete surprise.
Even many of the cabinet officers and
other higher officials were ignorant Of
the momentous event until Wednesday.
as those who compose official and So
cial circles in England are now gath
cred around moors. some of them out
of reach OF the telegraph. With the
general public the news was received
with the greatest satisfaction and ad-
miration for Japan's sacrifices in
the cause of peace.
Announcement that peace had been
arranged caused the stock markets to
open with a somewhat buoyant tend
ency and prices had smart advance
particularly in case of Russian bonds
which gained points. japanese
bonds were also affected. but not to
such a great extent, and they opened at
/ to ~ points higher. Consols adj
vanced one-fourth point and Ameri-
cans generally were stronger.
The evening papers followed the lead
of morning papers In bestowing I'M
stinted praise on President Roosevelt.
to whom they give the fullest credit
for the outcome of the conference.
whose decision was entirely at vari-
ance with daily predictions since the
opening of negotiations. Both papers
and people are so astounded at the
outcome of the conference that they
feel there is something in the agree
ment arrived at which has not yet
been published, and IL this is not the
case then the new Anglo-Japanese
treaty afforded the result in some
way.
In this connection the Pail Mall Ga
xette says: THE enlarged treaty with
England may have had considerable
weight In persuading the mikado and
his advisers that Japan's position l.
the far east Is now practically impreg-
nable and peace might be made with
out pressing for payment of costs"
Speaking of Japan's waiver of the
indemnity clause the Globe says: 49,
has been an act of extraordinary cour
age and magnanimity on the part Of
the emperor and council. In the act
which seems justified by results. the
emperor of Japan has given the world
a lesson in moderation. and. as we be-
lieve the result will show. in practical
wisdom"
The Globe also claims Japan gained
what she went TO war for and says:
ITO the ancient chivalrous feeling cf
the old Saumurai there must have APP
peared something sordid in continuing
the conflict, nor for glory or for tn
safety of the empire. but for a cash
payment. which assumed the form of
liquidation for damages. Moreover.
we write in the dark. We have no
glimmer of secret conditions which, in
all probability. form. a part of the
terms of peace. Nor do we know how
far The SIT RGeeiea by the, An
The Evening Standard says: RUS
sia won one of the greatest diplomatic
'iNNciitS III tic liSlOIy Oh the WOrlQ. /
1t is summe1 up in NJ. Whites "pas un
SOU" and we are not inclined to be-
Crude NJ. Witte his hour of glory. He
fought magnificently for Russia and
thanks are in large measure to his
tactical ability she has been able to
save her face"
Referring to results gained by Japan |
the Standard says: perhaps she is |
the only nation on the face of the earth /
which woul have rested content with |
what she set out to accomplish" In
conclusion he Standard says: 1--WE 4
now come 20 what, from an interna-
tional view. may be regarded as the |
greatest victory of the three II be-
longs, as we think. TO President Roose-
welt. He may, for instance. have held
out to Japan inducements which would
have double the effect of securing
peace with Russia and roofing up the
weeds of disagreement between Japan
and America"
The Evening Standard prints a dis
patch from st. Petersburg which says
NJ. White will return the hero of the
day. and that II Is not impossible he
may become a sort OF prime minister
The dispatch adds: ut is believed.
however. that he VIII refuse unless the
freedom Of the press and personality
are guaranteed"