Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-09-08

English political party should deliberately desire
sanguinary war in order to cling to office"
The destines of this Empire, replied Lord Don
castle rising cannot be swayed by facile humani
taranisn. Moreover. in desiring immediate war.
actuated by the highest motives. All
continental agents tell that at the present moment
France must win in a struggle And France ought
to win Her army is in admirable condition, whereas
the forces of Germany suffering from bad
attack of vanity and conceit The German
cabinet is we'll of this. and in few years will
have more attained superiority over the French
army. The fight must come sooner or later and if
it comes later France would lose.
Il have, trust made it clear to you all that, al
though there doubtless many men in the city
who could save if they given time, there is
only who in the time at Our dis
posal,-Crampiron, who is to be counted among the
financial geniuses of the century. Crampiron, how
ever is condemned to death. What, therefore, is to
be done? 1t appears that line of action is
SO obvious that l scarcely need indicate it. His
Majesty must be requested to reprieve Crampiron.
The Cabinet was staggered into muteness.
But Crampiron is guilty! Crampiron has con-
feSsed!' Bott protested shocked
What of that? We have to think of the En-
pire,' said Lord Domestic, leisurely sitting down
The Opposition press will have something to say.
and there will be rude questions in the House. said
Luck.
LAS for questions in the House of Lords, shall
attend to them personally" replied Lord Domestic.
In the lower house Mr.. Bott will doubtless"
1t is monstrous, monstrous! cried Bott, break
ing with all traditions of Downing Street decorum.
The scene was just beginning to provide Viscount
SomersetShlre with that amusement which his
cynicism loved, when diversion was caused by
the arrival of Sir John Prester Chancellor of the
Exchequer. GREATNESS. He had come from the city,
where he had multlfarlous connections. His nephew.
Jack Prester governor of the Bank of England.
There is a real panic he said. There is
genuine gold reserve in this country. The business
of this country depend the joint stock banks,
and the joint stock banks depend the Bank of
England. There five hundred millions of private
deposits with joint stock banks, and when everyone
wants to realize at once the joint stock banks must
go to the Bank of England for their cash Will they
get it No. The Bank of England has lent it again,
and has less than million and half ultimate
reserve against possible call of five hundred
millions. The bank rate will 60 UP two per cent.
and the bank will refuse to do the very thing it
ought to do to restore confdence,-lend money
freely from the twenty millions lying idle in its issue
department.
Domestic rose again. Gentlemen" he said,
Sir Johns very grave news confirms me in my in
tsnton Of urging you to adopt heroic
crisis has been largely brought about by the uncer
tainty to the Crampiron business and by fears
as to the course of politics 1t is for US to show
decided and determined front, to give the country
lead shall put the two alternatives before you.
If act with prompt courage. we shall enable
Crampiron, from his prison. not only to prove to the
city that his business IS sound it asSuredly but
to conclude finally the Moroccan loan. We shall
bring about which must ultimately come, at
moment peculiarly favorable to France. ally.
1t is true that France does not want war: but in
this can, in quality of friendly observer,
judge better than she of what is best for her.
Germany will be defeated, and her outrageous am
billions, her dsqueting rivalry with ourselves, def
nitely checked The last Franco-German
proved to be unmxed benefit for British
merce: and the next one will undoubtedly prove to
be the Nothing is better calculated to stop
panic in the city than the assurance of a Franco
German Lastly shall remain in office for
at least another year, and shall be able to continue
without fear our benefcent program of legislation.
But" began Bott.
Pardon me-" Lord Domestic raised his finger.
ION the other hand if do not act the panic will