The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-05-04
Conservative Party Lev
cling Attack at Lib
eral Cabinet.
SECOND SCANDAL
ABOUT TO CROP UP
Public Man Will Be Called On to
Explain Why He Used Official
and Secret Information on
Which to Base Purchase
of Stocks in Oil
Company.
BY PHILLIP EVERETT.

indeed, come upon our present Liberal
Cabinet, which Nigh; DO much more
hopeless IL the Conservative party
were not so divided against itself.
The conservative press, naturally,
has made much as possible
nothing worse may be said against
the Attorney or the Chancellor
than that they have overlooked the
fact that the English public outside
OF n very fast upper crust is princi-
pally made up of prudes and hypo-
critics, who maintain that transactions
such as those Of which Lloyd George
has been convicted must be kept hid
den under cloak OF absolute right
eousness. 1t Ia the perfect opcnness
OF tho Chancellor for which they blame
him mont, and If he had carried on
his transactions under anothcr's name,
everything would have been well. 1t
Is his very frankness which they
cannot forgive.
The str&it-laced Welshmen ana
Scots arc by no means above MAX
ing few pounds on the stock ex-
change. even In purely speculative
transactions. but they are always most
careful in covering their tracks, and
though II Is perfectly clear to them
that Lloyd George was persuaded to
buy the fatal shares In the American
Marconi Company, they cannot over
look the fact that he has been found
out.
And worse scandal than the Mar
conf affair. which would never have
been called Il scandal In any civilized
country, lis about to crop up, In which
much smarter and more world-wise
public man VIII be involved probably
In worse way than any OF his two
predecessors
time ago II decided to use oil
instead OF coal in practically all the
new ships OF the navy, and. of course,
certain sea lord knew this long be-
fore the general public. and made use
OF his official knowledge to Invest all
his ready cash in shares or famous
oil company.
1t Will not be very long before some
member Of the House OF Commons will
make certain statements, which will
result In new official inquiry where
The sea lord Will be forced to give evil
dence. and he VIII not. like Lloyd
George be able TO plead that he bought
the shares on the advice OF anybody
else, but he will probably plead that
everybody who knows anything about
stocks knew that great boom In oil
was bound TO come before long.
No signs of AbntIng.
The internal troubles Of the Unionist
party show no sign. OF abating, but
one thing Is certain Bonar Law will
not long remain the leader of his
party and equally certain 1t is that Mr.
Balfour will not return to his old po-
sitlon The fight will then stand be-
tween Austen Chamberlain and Win
ston Churchlrs personal friend and
bitter political enemy. t. T. Smith, the
famous X C., and any one inclined to
betting VIII be willing to give odds on
the latter.
When sitting IN his seat or moving
Commons. no one would suspect that an
spring of his life, but among ali the
politicians of England, not even Win
ston Churchill or Austen Chamberlain
surInss him in this respect. +. f.
Smith. who hides his all-consuming
ling OF the gods who aspres TO and
possibly may reach the highest position
open TO an English subject--the pre-
Disnster Impending.
=, There is an stn9,SsIphere Of impendinE
been preparing for the great events
which are casting their shadows before
tween this country and Germany is
Churchills recent suggestion of years
vacation in the building OF warships
shows this. 1t is no less certain that
there will be trouble between the
mother country and her colonies. and
Il contest the like OF which the world
has never seen. and in which England
Will be forced TO take sides, is looming
up to decide finally the yellow races
place in the world
England Is not prepared for these
events, and she has succeeded in alien
ating the friendly feelings Of France
by openly declaring that she would
not send any troops into Belgium to
assist France in defending the weakest
point OF her frontier defenses in case
of Germany's attacking France
1t il felt that If Germany Immediate
ly after the Eaiser's jubilee and the
celebrations of the centennial OF the
Battle of the Nations should throw
aside her mask of friendship, and. Sc
lecting England instead of the reiuvc-
mated and fully prepared France as her
next victim. should demand England
growing population and markets for
her trade. England's lion would be ms
wax IN she talons Of the German eagle.
principally because this country alone
OF all the great powers has no aerial
fleet.
Something must be done TO safeguard
England from her numerous enemies
but the man of the moment has not
come forward yet, though the country
Is signing for him. The people have
no more faith in the yellow papers that
make a speciality in war scares. Win
the business machinery too plainly yisi
bic and squea king. than in the radical
press that insists that England is vet
holdlng an imDrcgnable position which
no power in the world will dare attack
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