The daily morning journal and courier., 1905-11-10
BALFOUR PROPHESIES
 PEACE OF THE WORLD
SPEECH OF THE BRTTISH PRE- MIER AT LORD MAHoR'S
 BANQUET.

Hopes That the Revolution Will
 Bring All HappIness-American Ann
 bassadOr Declares That AngIo-Ameri- can Relations Are More Cordial Now
 Than in a Hundred Years-Work of
 Diplomats is to Make Peace Not War.
 London, Nov. 9.-"A century ago Pitt, standing where I now stand, prophesied war; to-day I prophecy peace" This was the text on which Premier Balfour based his speech con- corning the relations of Great Britain with foreign countries at the lord may or's banquet in the Guild hall tonight, an occasion when custom makes it al- most imperative for either the premier or the foreign secretary to discuss the foreign and domestic policies of the government.
 MT. Balfour and Whitelaw Reid, the American ambassador, who replied to the toast of Their ExceIlencies, the Foreign Ministers proposed by the lord mayor, vied with each other in pleasant words for the credit of their respective countries as leaders among the advocates of the arbitration of quarrels throughout the civilized world. In fact, the whole tenor of the speeches was. optimistic so far as the relations between all the great powers were con- cerned. The premier's reference to Rus sia was particularly happy.
 He said: "Our friends in Russia are absorbing public interest by the great movement they are making in the di- rection, as we believe, of self-govern- ment. The task of the emperor and his advisers is indeed not a light one, and those who for centuries have prac- ticed parliamentary government know best the difficulties which confront them.
 There is not a citizen in Great Brit ain who does not wish them every suc- cess, and I express the earnest wish that the movement may not in the fu- ture be strained by the unnecessary effusion of blood. We hope that the movement will bring happiness to countless millions, l1nsulIied by repe- tition of the painful and horrible events which made the initial progress so lamentable.'
 In proposing the toast of ''The Im- perial Forces Sheriff Smallman pleas antly referred to the reception in the United States of the British squadron under command of Prince Louis of Bat tenberg, The lord mayor proposed His Majesty's Ministers to which MT. Bal four responded. The premier devoted a . yNE I-S1 the question of employed, expressing his sympathy and his desire to in every way possible help those out of work and appealing to private purses for as- sistance during the stress. Referring to the foreign policy of the government, the premier spoke first of Russia and then said that his naiesty's govern nlent had done everything possible for many years to ward off the dangers of war, and had done it's best to develop a scheme of arbitration. He alluded to the difficulties attending boundary questions, and said he hoped that these all might be settled by arbitration.
 'T am sanguine on this subject" said the premier. T think in the future we shall not see war unless indeed we can conceive of a nation or a ruler arising who will be unable to carry out a scheme of national aggrandizement ex- cept through trampling on the rights of his neighbors. However, 1 see no pros pect of such a calamity in Europe"
 Ambassador Reid. referring to the premier's expressions concerning the probabilities of peace, said it was the business of diplomatists to make peace and not war and for his part he prefer red the court of arbitration to the ar- bitrament of the sword. The ambassa- dor said he would neither concede nor dispute MT. Balfour's claim that Great Britain had taken precedence in the matter of arbitration, but he would say that Great Britain and the United States had set an example and had set tied some of the most burning questions through arbitration, and that to-day the two countries were more cordial in their relations than they had been at any time in the last hundred years. of you hear of the possibility of diff faculties over fisheries or something else, don't believe it, said the ambas- sador, because such a report will be the result of absolute transformation. There is NO question to-day between the United States and Great Britain that Secretary Root and Secretary Lansdowne cannot speedily settle, and while King Edward and President Roosevelt retain their places there is sure to be a continuance of good re- lations."