New-York tribune., 1911-01-01
POLITICAL GAME HA[TS
All British Eyes, Except Kings
and Prime Minister'S, Bandaged.
TALKING OF THE NEW PEERS
Rumor That MIR. Asquith Will Be
One of Them and That Lloyd
George Will Succeed Him.
IRv Cable 20 The Tribune.


which all the eyes are bandaged, save
the Kings and the Prime Minister'S.
Everything depends upon the under
standing existing between them respect
ing the guarantees. If the King mas
agreed 10 accept the coalition majority
as an evidence OF popular approval OF
the veto bill there will be no crisis, Tor
the House Of Lords will surrender "lth-
out the menace of a wholesale creauoh
OF new peers.
IL the guarantees are not prearransed
the crisis may come in the mldoie oI
March. for Mr.. Redmond will desert the
government if there are signs Of irreso-
luton in driving the veto bill through
Parliament The essential fact cannot
be vouched for by the politicians Of any
faction or party.
Nobody except the Prime Minister
knows how far the King will go IN
Interpreting and enforcing the will OF
the general electorate, so there Is
holiday saturnalia Of guesswork and
conjecture.
Asouith May Retire.
The rumor mongers are whispering
that Mr.. Asquith will head the new
list Of peerages. retire in favor Of David
LLOYD George and enable Winston Spen-
Ger Churchill TO become Chancellor OF
the EXchequer.
Another swarm Of gossip proclaims
the impending dissolution Of the coah-
tion forces over Home Rule, and bal
ances the probabilities Of fatal amend
ment by Mr.. Redmond reducing the term
OF the suspensive veto and the equally
troublesome proposal by the Opposition
for either a joint session or the refer
endum as a remedy for a deadlock be-
tween the two houses.
The most ingenious prophet on the
Inionist side is unable to convert the
minority into a majority; hence II re-
mains wellnigh certain that the major
ity OF l26 will suffice for the passage Of
the veto bill through the House of Com
mons before the coronation.
With the issue Of the upper house de-
pendent upon the royal action, the
monthly reviews and the Conservative
press disclose an unmistakable trend OF
opinIon ag INST another election on the
cons stitutional question and reversion
to Home Rule as the best issue for the
~ ,toration OF the Unionists TO power
after breaking UP the coalition forces.
New Liberal Peers.
ri, ,...o,z .-.aoou.I;la ore apt{ciuat-
ing the creation of twenty-four peers IN
the New Years honors as broad hint
10 the House Of Lords, as well as SER
yiceable liquidation of political debts.
The Liberals are also forecasting an ex-
pansive- reference TO Home Rule in the
Kings speech and the speedy introduce
ton OF a bil1 for the payment Of men,
bers Of the House Of Commons at the
rate Of $500 80, 500, in quarterly install
ments.
The plans for the coronation and the
subsequent royal visit to India indicate
that a political crisis is not anticipated
AT court. Arrangements have been made
for the presence of detachments Of Ind
ian, Austrian, Canadian and South
African troops in the procession, and for
The massing of more than sixty thou
sand regular and territorial soldiers for
lining the streets.
The appointment of the new Dean OF
Westminster VIII not involve any change
IN the coronation rite. which will oe re-
peated from the last reign. The only
important modification Of the main tab
leau will be the erection Of third
throne for Queen Alexandra. The
duchesses who will support Queen
Mary's canopy have not yet been
selected An annex will be built-at West
End Abbey for a royal robing room. AS
at the previous coronation, the Prince
Of Wales will stand with the Duke of
Connaught where his father did at that
coronation.
Visit to india Soon.
The royal visit TO India is likely TO oc-
cur earlier than was originally planned
10 avoid the conflict OF the coronation
durbar with the religious festival at
Delhi. The King and Queen will sail
probably In November. and be away for
ten weeks.
As Queen Mary is the Regent and the
Prince OF Wales will not have come OF
age. the Duke OF Connaught will remain
IN England next year. instead Of sue
ceeding Earl Grey as Governor General
o. Canada.
II is highly probable that the duke will
he the Kings confidential adviser In the
nupreme crisis over the relations OF the
tvo houses OF Parliament and the crea-
ton of new peers
Business Outlook Good.
The outlook is favorable for pros
porous year for the government and
cate a large surplus, which the Chancel-
Tor can employ for carrying out new
schemes Of social reform and taking up
the overdue problem rating and redis-
tributing the national and local burdens.
One bumper year in trade is likely TO
follow another New capital applica-
lions. according to THE Economist" :"
have exceeded f267 600 900 in 1910. Of
which EGO 100000 has been preserved
for home use. f92, 100000 has been alb
sorbed by the British possessions and
f115,0O0,000 has gone 70 the United
States, South America and other foreign
countries.
This enormous outflow OF capital is
likely TO continue, az the peace OF the
world promises TO remain undlsturbed.
vY~kz iala ~