Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-04
WORLDWIDE INTEREST
Election Extras Issued From
London to Toxic.
BUSINESS MEN PLEASED
British Bankers Foresee Better Trade
Conditions.
GOOD EFFECT ON POLITICS
Taft's Success Considered Guar
anty of the Stability of Our
Foreign Policy.

LONDON. November 4.-The complete
ness of the republican victory in the
elections in the United States yesterday
was hailed the stock exchange today
| with a great deal of satisfaction. and is
calculated to have good and lasting
| effect on the markets here and to give
additional impetus to the already improv-
| ing trade conditions.
Bankers see in the result of the cleo
| tiops the probability of a continuance of
cheap money and the maintenance of the
discount rate of the Bank of England.
2h per cent. and they consider that with
money cheap in the United States
we'll in most of the financial centers
London will get through the year with
out anything higher than a per cent
bank rate, should any increase occur.
Most of the London papers went to
press too early this morning to comment
on the election. The Times, however,
says
mo living American is so we'll fitted
to succeed Mr.. Roosevelt as head of the
great nation which in the last ten years
has taken it's place in the forefront in
international politics. The election of
Mr. Taft will be particularly welcomed
by the British people as a substantial in
dication that the increased cordially of
American sentiment toward this country,
which is due more to Mr.. Roosevelt than
any one man else, will meet equal en-
copragement from his successor in the
presidential chair. But the institution of
direct and friendly relations between the
United States and external powers has
not been confined to the field of English
speaking people. In the whole sphere of
| international politics, the installment of
Mr. Taft will be a guarantee of the sta
bility OF the American foreign policy"
Party Policies Not Unlike.
The editorials in the afternoon papers
welcome the election of Taft. and at the
same time agree that in the matter of
policy there was nothing of importance
to choose between the republican and
democratic parties.
The Pail Mall Gazette says the salient
| fact is that Roosevelt's policy holds the
| field There is practically no alternative
| to it. If Bryan had been elected he would
| have had to carry out that policy, al
| though by different means. In reference
| to Roosevelt's interference in the cam
paign. the Gazette adds that he compro-
| missed the dignity of his high Office and
| established precedent that will be more
honored in the breach than the observ-
ance.
The Westminster Gazette, dealing with
| the same subject, says that Roosevelt
| never troubled himself much about the
convention when he had cherished OBJ
| ject to- pursue and manifeStly he knows
| his American public. The victory, says
| the Gazette, is Roosevelt's even more
| than Taft's, and those who would con-
sign Roosevelt to quiet retirement, which
| is supposed to be the fate of American
ex-Presidents, are probably reckoning
without their host.
The Evening Standard says the English
must rejoice at the thought that the
| friendship between America and England.
trxr1,i Doc N1c,n Cor
ing. will not suffer under the new adj
mnistration. but gives promise of being
| decreased and further assured.
The Globe likewise expresses confidence
that Taft will not forget "how close are
the ties of blood and sentiment between
the two great AngloSaxon powers"
Berlin Gets Out Extras.
BERLIN November Extra editions
of the newspapers announcing the cleo
ton of William H. Taft as President of
the United States were circulated here at
7:3O o'clock this morning. Exceptional in
terest was taken in the results on ac-
count of the presumed effect of the cleo
ton on the business situation in the
United States.
| The result had been generally fore
casted in the German press, the foreign
Office having been informed by the Ger
man embassy at Washington and con-
that Mr. Taft's election was extremely
likely. A PARTY of Americans. among
whom We're Ambassador David J. HILL
John B. Jackson. American minister to
Persia: Alexander Thackera. consul gen.
eral at Berlin: T. ST. John Gaffney con-
sui general at Dresden. and r. s. Hit.
secretary of the American embassy here
received early returns by cable at the
Hotel Adlon.
Lively Interest in Japan.
TOXIC. November 4.-The news that
Mr. Taft had undoubtedly been elected
reached this city through the Associated
Press at o'clock this morning and was
Immediately communicated to the foreign
office where 1t was received with mani
fcstationS of livelest interest. The Jana
nese newspapers of this city issued
fra editions announcing the result Of the
|. election ir America AS soon as it was
known and also displayed bulletins Civ
ing the general returns as rapidly as they
were received
The business men throughout Toxic
| aud Yokohama expressed the belief that
| tho result Of tho American election means
| that the friendly relations between japan
and the United States VIII be continued
| as in the mast.
Taft's Election Pleases Vatican.
| ROME; November 4.-Tafts election
has caused general satisfaction at the
| Vatican where the President is well
| known and counts many friends. His
| tact i'm the settlement of the Philippine
| church property question was much ap-
| nreciated.
| The pope is renorted to have said that
| Taft would he the first American Pres-
| dent personally known at the Vatican
| He expressed the conviction that Catho-
! lies i'm America would continue to enjoy
| full religious liberty under his admins
tration.
| LONDON November 4.-The Rome
| correspondent of the Central News says
| that the pore has cabled his congratula-
tons to Taft
The CORRESPONDENT adds that the Vat-
| can considers that Taft's election guar
antees AMERICAS acceptance Of the
nope's proposals regarding the question
| Of compensation to the Spanish congre
cations in Porto Rico.
Acted as a Substitute.
| From the Advertisers Almanack.