New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-03-12
DEPOSITS OF S95,OOO,00O.
Unusually High for This Time Of
Year in England.
LOWER TAXES UNLIKELY
We'll Informed Journals Pleased
with Police Work Along the
Rio Grande.

~ cable 90 The TuhJne.'
London. March 1.-THE public de-
POSTS now exceed flo.O00.00O. This Is
an unusually high level for this time IN
The financial year and indicates large
>urrlus Yet a reduction in taxation Is
not expected ny any faction embraced
In tho coalition. Retrenchmcnt is lost
and the surplus implies resources for an
increased expenditure which will nc d.
vidod between social reform and the
navy.
Officials arc already conducting an in
ouiry respecting tho state insurance
scheme which will enable workers TO
anticipate old age pensions and retire
from industrial occupation whenever
they consider themselves incapacitatcd
for labor. II will follow the German
system Of invaldity pensions with equal
contributions from employers and en-
rloyed and "A generous bonus from the
state treasury. 1t may be supplemented
by 2 scheme for insurance against un-
employment. This will be largely OK
detrimental for the German and Swiss
precAdents fo- Il are neither numerous
nor satisfactory.
4 systematic opposition to social re-
forms Of the crudest and most hazardous
nature can't he expected. but there may
be trouble over naval expenditure espe-
ciaIly IL the Prime Minister be detained
I'm Switzerland by family anxieties next
week and the defence OF the Admiralty
policy be left to Sir Edward Grey.
Signs Of Discomfort.
There arc signs of discomfort. Il not
revolt. against the excessive expenditure
on naval ornaments. especially when
tho Right Hon. Reginald McKenna has
admitted that under pressure from the
scaremongers the Admiralty overesti-
mated the rate Of German construction
by what would be the equivalent to
normal years programme. The Radicals
are asking why five new Dreadnoughts
arc necessary when INSTALLATIONS have
been exposed and why England must lay
down nine ships TO four for Germany in
order 10 maintain the ascendancy Of the
sea power Even the ministerial de-
tenders Of the Declaration in London
hold that .belligerent rights are wholly
unaffected by 1t and that English COM
nerco must be adequately defended in
time Of war and the enemy's shipping
, ,Ucpt from the face Of the waters.
This implies that the burden Of naval
ornaments will not be diminished by
tho establishment Of an international
prize court. although the safeguards OF
neutral commerce will be increased by
the adoption Of a definite code.
Lord loreburn Better.
II is not likely that the fighting forces
Or tho government in tho upper house
will nc increased before the Coronation.
Lord I,oreburn is in better health, with
a stronso. heart action than last year.
and is prepared to render effective aid
when LORD Morley is hard pressed The
I-nion;st reform scheme is retarded by
tho Marques of LansdoWne's i'll health.
and there is TO immediate urgency for
reinforcing Lord Morley.
The Radicals would like TO lift Sir
EDWARD Grey into the peerage so as to
give David Lloyd George free field II
anything happens to Premier Asquith.
Mr. Harcourts health is extremely deli
cate and he is not in 2 condition for
hsxd fighting. Mr.. Haldane is a most
eligible and willing candidate for the
leadership Of the Lords if Lord Crewe
be permanently disabled. David Lloyd
George is seldom seen at Westminster.
ind Mr. Churchill is haggard and over
worked although easily aroused and en-
Uttered when Lord Hugh Cecil. with
Lord Castlereagh and Lord Helmsley
behind him. attacks him. Those three
Tory gucrilas have directed against Mr..
Churchill the tactics borrowed from Lord
Randolph Churchill's armory.
Foreign Affairs.
Foreign affairs have become SO stag
nant that small episodes excite undue