Newspaper Page Text
GERMANY SETS PACE
IS BISISESS HACK.
'Reaching Out for Trade Every
where in the World.
[By Cable to Th* Tribune ]
London. Jan. 22.— While Germany is
watching with keen interest the turn of
the tide in English elections, it is not
neglecting opportunities for improving
Its foreign trade in any and every quar
ter of the world.
It takes full advantage of what Mr.
Carnegie in to-day's "Nation" terms
"'the law of surplus" and by means of
export syndicates and industrial cartels
sells manufactures abroad not below
the cost of production but below th<
prices obtained at home, the market
gaining a greater advantage by running
thr factories in full operation than by
limiting the production.
It Is also supplementing the enterprise
of mercantile firms by sending commis
sions abroad to make a special study of
I ■ ~n markets and the chances of en
larging trade. One of these commis
sions Is doing work which will intercut
Americans. Three experts chosen by the
Ministry of Commerce will start next
Meek for South and Central America to
an exhaustive investigation of the
conditions of trade and credit. German
merchants have not made much prog
t< m n recent years in tropical America
and the government experts expected
to explain the reasons for the inade
quate success and suggest measures for
promoting sharper competition with
England, which supplies that portion of
the world with the bulk of its imports.
The enlargement of foreign trade will
follow the completion of the Panama
Canal, and Germany wants in be in
readinefs to get a good share of it. <-•?
r*ci«l!y as Americans persist in neglect
ing to follow Japan's example «nd build
up a ootrnnercial marine by a systematic
y.o|i, y of .steamship and mail subsidies.
I. N. F.
DESERTING LOS DOS.
hi';?. Diplomats and Peers
Leave 'the Capital.
I By OsMe to Th« Tribune I
London, Jan. 22.— opening of the
tenth year of the King's reign is the
theme of a highly laudatory article in
"Th* Times" to-day, with a judicious
but an unnecessary forecast of his un
willingness to use the reserved powers
of the crown against the convictions of
nearly one-half his subjects. The King
himself apparently takes a less serious
view of the political crisis than do the
After seeing his brother, the Duke of
t'onnaught, off for East Africa he has
gone to Windsor for the annual service
at Frogmore. He is keeping all his
social engagements and not showing any
signs of anxiety.
Mr. Asquith -will remain in Scotland
until the eWtion in Kast Fife.
Mr. BaJfour is taking a holiday at
Mr. Chamberlain has been visiting:
Jesse Collings at Edgbaston before start
ing for the Riviera.
The German Ambassador has given
the retiring Italian Ambassador a fare
well dinner, but otherwise there has been
a complete suspension of entertaining.
Diplomatic London, the peers and the
political canvassers are hurrying to the
Continent after the labors and excite
ment of the campaign.
The Duke of Sutherland has started
for Mentone and Egypt.
The Earl of Cork and Sir Edward Ten
riant have sailed for the West Indies and
The Earl of Warwick, with the count
ess. is heading for Germany.
The Duchess of Wellington is going to
Ft. Petersburg. '
Excitement remains at fever heat at
the political clubs, where a dozen Tory
rains were reported before luncheon to
day, and is disabling partisans for their
daily work, even if they do not take an
alarming view of what is going on, as
does Maurice Hewlett in a political man
Sober-minded people- are disposed to
agree with Labot^here's "Truth" that
ihe prolongation of the elections for
thre<- wxkh is a public nuisance and that
the contests should be set for the same
day and the preliminary canvassing re
strict* (3. if not prohibited. I. X. F.
FRENCH DEPUTY DIES AT SEA.
Pointe-a-Pltre. Guadeloupe, Jan. 22.— Paul
Oustave Franconie. who represented Guiana
In the French Chamber of Deputies, died
suddenly on board the steamer La Nor
mandie this morning. Deputy Franconie
was returning from France. M. Franconie
was born In ISIS and was first elected a
Deputy in # 18S. He was re-elected in ISS9,
l«fc and IMS.
NOT JAN POUREN. REVOLUTIONIST
Riga. Russia. Jan. 22—The man con-
d ™ nrf to death by a court martial here
yesterday was Jan Poured, an alleged mur
derer, and not Jan Pouren, the revolution
ist who reenped to the United States some
years ago, as was at first reported.
FEARS FOR STEAMER'S SAFETY.
s- Johns, N. P., Jan. -2.— Considerable
nnxiety is felt here over the non-arrival of
the steamer Renwick. from Sydney, N. S.
Tli* Renwlck has teen out one hundred
hours on a passage that ordinarily re
quires only thirty hours.
NEVER GET FAT
Womankind wonders why famous beauties
Brow ol J, but do not grow fat. They live
at .-.ii .-a-*-, amid .he porcelain flesh
pots. The wine, that puffs out obscure
mortals, flow* not illiberally down their
alabaster throats. Yet their lifelong loaf
dees not thicken their limbs nor double
their chins. "What Is the Herat of the long
lived gratefulness of the haute ton?
One half once Marmola, 14 oz. Ki. Ex.
Cascara Aromatic. 3% 02. Peppermint
Water. This is the famous Marmola Pre
scription, long familiar to U.« fashionable
pharmacists Of the world and their clien
tele, but which has only recently pene
trated to the knowledge of the hoi pollol
of womankind. Since when, for con
rentencef sake, it has been put into ele
gant pocket form, the Marmola Prescrip
tion Tablet, which can now be had of well
nigh any druggfet. fashionable and ordi
nary, of the Marmola Co.. 1012 Farmer
Bids:.. Detroit. Mich., in large cases for
!-■ ty-flve cents.
With this tablet any woman can reduce
by Joeing a pound a day, in a few weeks
take off fat (where it ■hows moat/ on chin.
abdomen, hip*-, etc.. without need for t>x
eicising, table restraint, fear of wrinkles
or the elislitest physical harm or uneasl-
THE TRIBUNE'S FOREIGN NEWS
Paris Commends Work of
[By Cable to The Tribune.]
Paris. Jan. '22.— The annual exhibition
i of miniatures and water colors opened
I to-day at the Georges Petit Gallery. It
contains some good work by American
| artists, foremost among whom is Miss
Mary Littleton Wyatt, of New York,
whose miniature portrait of Mrs. White
law Reid is highly commended by the
French critics. Miss Mary Wyatt Is a
pupil of Mme. Debillemont-Chardon, and
her conscientious searching after the
truth is tempered with Botticellian pur
ity and simplicity.
Miss Marion Mac Lean. another Amer
ican, exhibits six delicately painted mini
Mis.s Mabel Hussey. also an American,
sent a group of miniatures, showing
skill in technique and finely developed
.Miss Bessie Gibson, of Canada, has
some clever and pleasing portraits of
Algerian women and children.
Miss Martha Blain has some excellent
miniature portraits of lace workers in
Miss Sara Page exhibits a bright little
gTOiip of Dutch children. C. I. B.
THE FRES( II TARIFF.
Public Opinion Strongly in
Favor of Revision.
(By Cabl« to Th.- Trlbunr.]
Paris. Jan. 22. -French public opinion
is now more than ever in favor of a re
vision of the tariff on 'the general lines
already voted by the Chamber of Depu
ties by a majority of more than four
In order to put Hie Minister of For
eign Affairs in the most favorable posi
tion to negotiate a commercial modus
vivendl with the United States the Sen
ate has tacitly agreed to make every
possible effort to vote the final adoption
of tli»- tariff bill before the end of March.
C. I. B.
OX THE I\ I RIS 80l RSE.
Flood of Money Helps Indus
[Py <"abl« to The Jribun* I
Pans. Jan. 22. — The reduction in the
rates of the Bank of England and of the
Imperial Bank of Germany to ."i-, and to
■414 1 per cent, respectively, contributes to
maintain firmness and impart renewed
activity to ihe Paris Bourse.
The securities most in demand just
now are the great credit establishments,
which it is expected will be among the
first to benefit by the present pie 1 , hora of
money and the renewal of industrial en
terprise, c. 1. B.
PROF. WHEELER'S DINNER.
Californian Entertains a Distinguished
Berlin, Jan. 22 —Professor Benjamin Ide
Wheeler, of the University of California,
and Mrs. Wheeler gave a dinner to-night.
The guests included Herr Dernburg, Min
ister for the Colonies: Herr yon Trott zu
Solz, Minister of Public Instruction; Dr.
yon Studt, former Prussian Minister of Ec
clesiastical Affairs. Ambassador Hill, Gen
eral Stewart L. Woodford and leading edu
cators and officials in Berlin.
The Minister of Public Instruction pro
posed the health of Professor and Mrs.
Wheeler, alluding to the deep personal im
preaßton Professor Wheeler had made on
German university and official life.
Professor Wheeler expressed much grati
fication at the success of the system of ex
change professors. He spoke of the clear
and farseeingr intellect at the head of the
German Empire and of those invisible
bonds which united the I'nited States and
Senator Made Cuban Secretary of
Havana, Jan. 22— Senator Manuel San
guiiy has been appointed Secretary of State
to fill the vacancy resulting from the resig
nation !ast September of Justo Garcia
Velez, for the purpose of fighting a duel
with Dr. Duque, Secretary of Sanitation.
General Sanguily Is an Independent, and
has never been affiliated with any political
faction. According to report, h? was of
fered the ministry at Washington, but de
clined. He is conspicuous on account of
his openly expressed and uncompromising
antagonism to interference by the I'nited
States in the affairs of Cuba.
CARDINAL S TRIAL ENDS.
Decision in Rheims Case Expected in a
Rheiias, Frame, Jan. 22.— The trial of
Cardinal Lucon. who is accused by the
Public School Teachers' Association of at
tempting to cripple the, public schools
through the agency of the recently Issued
episcopal letter, was concluded to-day.
The Cardinal's attorney ar^ur-.l on many
technicalities to prove that the court was
without Jurisdiction in the matter. The
judge advocate's conclusions will be
reached in another fortnight and the deci
sion aiiiioiiiiced a month hence.
CHEERED RETURNING TROOPS.
Spanish Soldiers from Meliila Warmly
Greeted in Madrid.
Madrid, Jan. 22.— The Spanish troops re
turning from Meliila were given a cordial
welcome when they entered the city in sol
emn procession to-day. Madrid was gayly
decked with the colors, and" along the line
of march thousands save expression to
their satisfaction that the Moroccan war
had been brought to an end.
Passing the palace the troops were re
viewed by King Alfonso and other mem
bers of the royal family.
TAKE SLAYER OF AMERICANS.
Ayhao, Filipino Chieftain, Captured by
Chicago, Jan. 22.— Ayhao, leader of the
band of Filipinos, who murdered Tllden H.
Wakely. of Chicago, and H. D. Everett, in
May, 1908, has. with three of his com
panionr. been captured by the Philippine
constabulary, according to Information re
ceived by Kbeneaer VFakely, father of one
of the murdered men, from the Bureau of
Insular Affairs, to-day. Two of the band
nad already been captured, making a total
of «ix now in custody.
Mr. Everett, who was a government for
ester, ami Mr. Wakely, ■ school teacher,
were killed by Ayhao while the Americans
were making .i forest map of the southern
part of the island of Negro*. Three Fili
pino" who accompanied them were also
kill.-d. It appears that one of Ayaho's
iv - died a few days before Wakely and
Everett reached the scene. The natives
believe they must kill some one else before
they can £ury the body of a dead relative.
NEW- YORK DAILY TRIBUNE, SUNDAY, JANUARY 2.",, 1910.
FRANCE IS NERVOUS
DISA EM A MENT DUE A M
Germany Increases Its Force
on tlie French Frontier.
[By Cable to The Tribune ]
Paris, Jan. 22.— French interest in the
British general elections continues un
abated. The trend of sympathy for
the Unionists is overwhelming. The ap
prehensions that hitherto prevailed in
commercial circles as to the adverse
effects of British tariff reform on cer
tain French industries are overbalanced
by the nervous anxiety lest Socialist
legislation impair British naval and
military strength and credit.
A tremendous fillip is being given to
this popular feeling to-day by official
confirmation of news that Germany is
organizing an additional army corps in
Lorraine, which is to be stationed be
tween the positions already occupied by
the 15th and 16th Army Corps and
fronting on Sarrebourg and Remilly.
This new army corps, which is to be
numbered the 20th, will bring the total
number of the German army corps fac
ing the French on the frontier from Bel
port to Longwy up to five.
The increase in the German field artil
lery in Alsace and Lorraine has been
approved by the Emperor, and after
March 1 the organization on the French
basis, of four-gun batteries instead of
batteries of §ix guns, will be put in
force and every German infantry regi
ment will be provided with one com
pany equipped with mitrailleuse guns.
This important increase of the Ger
man army on the French and Belgian
frontiers is deemed absolutely necessary
by the German General Staff, in view
of the new military law promulgated in
Belgium and in consequence of the or
ganization of the French field artillery
on a more effective basis a few months
Thus, instead of proceeding toward
disarmament, as had been hoped by a
few French Utopian Socialist dreamers,
Europe is still further increasing its
fighting strength. C. 1. B.
SO HOPES OF PEACE.
Madriz Refuses to Recognize
Provisional Govern went.
Blueflelds, Nicaragua. .Jan. 22.- General
Estrada, head of the troops of the pro
visional government, to-day received a dis
patch from President Madriz, through Rear
Admiral Kimball. saying that he refused
to recognize the provisional government.
Tills means that all peace negotiations are
It is believed that the advisers of Madriz,
who are practically the samp men who
served Zelaya in that capacity, are not
anxious for peace, and certainly not on
the basis of the recognition of Estrada.
Generals Charaorro, Mena, Zeltdon, Nasis
and Corren. with four thousand men, are
now all in the Department of <"hontales,
and news of a battle may be received at
General Juan Reyer, former Governor of
the coast provinces, who was formerly one
of the. revolutionists, but turned traitor
and who recently sought permission from
General Estrada to come, to Bluetields to
discuss peace terms, arrived here to-day,
and was immediately placed under arrest
and sent to Corn Island, where the other
political prisoners are held.
Managua, Jan. 22. The Madriz govern
ment has ordered the arrest of all the
Conser\ ative leaders in Managua, Granada,
Masaya and Rivas. The discovery of a
widespread conspiracy against the Madriz
regime is given as the reason for the ar
Two Managua leaders, Benjamin Elizon
do and Fernando Solorzano, were the 'first
of the Conservatives to be arrested here.
W holesale arrests are expected at once in
The issue is now clearly defined. It is
war to the death between the Liberals and
the Conservatives. The situation is serious.
All the pretence of conciliating the vari
ous political factions has been abandoned
since the rejuvenescence of the Conserva
tive party, the recognized opposition to the
administration of President Madriz. The
party in power, now designated the Liberal
party, appears to be dominate-i by the rep
resentatives from Leon.
Minister General Baca to-day sent a mes
sage to Congress requesting the adoption
ef a measure legalizing the paper money,
issued by the unsuccessful revolutionary
party of 1896, and of which Baca was the
provisional president and Madriz his chief
lieutenant. Baca also asks that pensions
be granted to the revolutionists who were
incapacitated, and to the families of the
revolutionists killed In that uprising.
It is said that the chief Masonic lodge
or Nicaragua has asked for the punish
ment of General Medina in retaliation for
the shooting of the American Groce, who
was a member of the order.
Washington, Jan. 22.— Telegrams received
at the State I>epartment to-day indicate
that there has been a great revival by Pres
ident Madriz of Nicaragua of the old Ze
laya policy of imprisoning respectable peo
ple for alleged political reasons, and that
the feeling of partisanship throughout the
country is very bitter.
Troops are being hurried to meet the
Estrada army, and Irias, who was said to
be about to leave Nicaragua, still remains
In Managua, and is said to have become a
prominent figure in the Madriz party. The
general situation in Managua is declared to
be very strained.
SEVERE QUAKE REGISTERED.
Seismographs Show Considerable Dis
turbance — Felt in Iceland.
SeydU fjord, Iceland, Jan. 22. — Three se
vere earth shocks were felt here at 7:45
o'clock this morning. The tremors were
ft-It elsewhere in Iceland, but so far as re
ported no damage was done.
Washington, Jan. 22. — An earthquake of
considerable intensity was recorded at the
Weather Bureau early this morning. The
first preliminary tremors began at 3:56:28,
the second preliminary tremora at 4:03:08
and th-- principal motion at 4:09:23 a. m..
75th meridian time.
The amplitude of motion was practically
equal la both the east-west ami north-
K'juth directions, and the duration of the
disturbance was something over an hour.
The origin of the earth. uiake Is estimated
by the bureau to have been at a distance
pf 3.200 miles from Washington, probably
located in the vicinity of Alaska. It wan
USO reported by seismographs at St. Louis,
Albany and Cambridge.
Saint Maur, France. Jan. 22. The seis
mograph* at the observatory here to-day
indi.ai.-d an earthquake of great Intensity
I.OM miles to the eastward, probably in
the Caucasus or Armenia.
ROYAL MARRIAGE IN OCTOBER.
Brussels, Jan. lj.~ The "Chronlquo" an
nounces that the marriage of Princess
Clementine, youngest daughter of the late
King Leopold, and Prince Victor Napoleon
has been fixed for October, and that the
ceremony will take place in Brussels.,
FLOODS IN PARIS
BIILDISGS IS DASGER
Water Expected to Reach
Maximum Height To-day.
[By Cable to The Tribune.]
Paris, Jan. 22. — The flood of the Seine
has transformed those portions of Paris
bordering on the river into a miniature
Venice. The quays of Bercy and De la
Rapee, also the quays at Passy and
Auteuil, are under water, in some places
five feet deep on the sidewalks.
Several tramway lines and all the
pneumatic clocks have ceased working,
because the electric plants in the cellars
of the houses near the Seine are inun
dated with from one to three feet of
water. .The pumps are working night
and day. • •
The view from the fortifications at the
east end of the city is highly pictu
resque. The vast expanse of the Seine,
of a beautiful yellow color like coffee
and rich cream, comes seething along at
tremendous speed, and long, double rows
of thousands of lampposts project three
feet above the surface.
Horses are splashing about on the
higher level of the Quai Bercy, belly
deep in water, to bring wine casks to
places of safety. Many hundred casks
of wine got adrift and were swept down
Tens of thousands of spectators stand
on the bridges and elevated points
watching the strange sight.
Telegraphic communication with Ger
many, Switzerland and Italy is inter
rupted. Trains on the Paris. Lyons and
Marseilles and the Paris and Orleans
lines arrive from three to eight hours
The flood is the most serious recorded
In Paris in thirty years. C. I. B.
BIG TOWER IS DASGER
Foundations of Eiffel and
Other Structures Weakened.
fßy The Associated Press]
Paris. Jan. 22. -The flood of the Seine
threatens to assume the proiwrtions of a
catastrophe. The foundations of many
buildings, notably the Eiffel Tower, have
been infiltrated and the structures are in
danger of collapsing.
Immense damage is reported from the
Fiiburban towns along the Seine, like Char
enton, Billaricourt. Argenteuil, Asnleres,
Sevres and Meudon.
The water at Pont Royal Is fourteen feet
above normal, and the indications up
stream presage a further rise of three feet
by to-morrow night.
Troops and firemen everywhere were
called out to-day to aid in the work of res
cue. The Cabinet has decided to ask Par
liament on Monday to appropriate $400,000
for the relief of the people in the afflicted
Railroad, telegraph and telephone com
munication is interrupted throughout East
ern France to-day by the floods. Many
•bridges have been swept away and canal
traffic has been abandoned.
The streets in scores of cities and vil
lages are under water. Lille, Shalons and
Troyes suffered most.
The waters of the Rhone and the Marne,
with their tributaries, were reported at a
standstill to-day. The situation in Paris,
however, was worse than yesterday, as the
Seine continued to rise rapidly. It is ex
pected that the river will reach Its maxi
mum flood to-morrow. There Is sixty-one
feet of water in the new subway between
Place de la Concorde and Passage de la
Trinite. A portion of the boulevard of St.
Germain above the subway has caved in.
Hundreds of factories have been inundated.
Tours, France, Jan. 22.— Heavy damage
has been caused by the flood in the Loire
and Indre valleys. Two bridges have been
washed away, the railroad traffic demor
alized and many tanneries abandoned. Some
cities in these districts are without light
and streetcar service owing to the inunda
tion of the power plants.
TWELVE MEN KILLED.
Were in a Building Which Had Been
Weakened by Rains.
Charleroi, Belgium, Jan. 22.— A large
building in course of construction near the
viaduct, the foundations of which had been
weakened by the rains, fell to-day, bury
ing the workmen in the ruins. Twelve men
were killed and a score of others injured.
CALCULATING COMET'S ORBIT.
Heavenly Visitor Receding from Sun
and loosing Brilliancy.
Cambridge, Mass., J;tn. 22.— A c&ble mes
sage has just been received at the Harvard
College Observatory from Kiel, giving
calculations of the orbit of the new comet,
known as "Comet A, 1910." The calcula
tions are from observations made January
18, 19 and 20.
The comet was nearest the sun January
17, its distance from it being then 3,600,000
miles. It is now receding from the sun
and diminishing in brightness, but is ex
pected to be an interesting object for sev
eral days in the southwest after sunset.
Washington, Jan. 22.— A new comet out
shining Venus in brilliancy ie visible in
the sky here to-night. Along the Atlantic
seaboard in the South, where the skies are
not clouded, it can be mos.t clearly seen.
Although unidentified by the scientists,
it is unmistakably distinguished from Hal
ley's comet, and the astronomers at the
Naval Observatory here have trained their
telescopes upon it night and day for near
ly a week. It is not so close to the sun
that the scientists have not been able to
see it plainly by day, and the nights have
been so clouded that their view has been
Early in the week the comet was visible
at Johannesburg. South Africa. Its appear
ance was reported by cable dispatch to the
Naval Observatory here and the scientists
have been on the watch for it night and
The big telescopes which survey the skies
from the observatory on the heights at
Georgatown have located the comet but
three times, and the observers are In much
doubt as to its identity. By daylight, when
the sky has been clear, the sun has out
shone it. and at night, when the scientists
would have had the advantage of a dark
background to rnahr their observations, the
sky has been clouded, except for short in
CONFER ON MILK INVESTIGATION.
Attorney General O'Malley and District
Attorney Whitman had a conference yes
terday on the proposed Milk Trust investi
gation by the grand Jury next Tuesday.
Mr. O'Malley placed at the disposal of Mr.
Whitman all the evidence taken In his in
vestigation of the so called Milk Trust be
fore Referee Brown.
G. P. WHEELER IN ST. PETERSBURG
St. Petersburg, Jan. 22.-George Post
Wheeler, the new secretary of the United
States Embassy here, and Mre. Wheeler,
KNOX STILL HOPES
EFFECT OF HIS PL AS.
Manchurian Raihcai/s Incident
Sot Regarded as Closed.
[From The Tribune Bureau 1
Washington. Jan. 22.-Despite the receipt
of official reports from the embassy a [
Tokio to-day to the effect that the Japa
nese government had declined Secretary
Knox's proposal for the neutralization of
the railroads in Manchuria, there is no dis
position at the State Department to rfnrt
the incident as entirely closed. The pnehM
terms in which Japan couched her rejection
of the plan will not be known until the full
text of the reply has been received. Cable
advices, however, indicate that it wa* mv i_-
In a polite, if firm, manner, and for th*» im
mediate present, at least. Is regarded as
being sufficiently to the point to close ne
The ultimate effect of Secretary Knoxs
proposal cannot, it Is believed, be judged
at the present time. The proposition is one
of such magnitude and embraces such a
c6mplexity of considerations that a proph
ecy can hardly be made as to the farreach-
Ing effect of the action of the American
government. By several of the powers the
plan was received with the most cordial ap
proval, and there is reason to believe that
the idea has crystallized and will be ready
for application In the future, even if at the
present time it failed to receive the In
dorsement of all the Interested powers. It,
was hardly to be expected that the plan
could b<? carried out at once, and with the
preponderating influence of Great Britain,
Germany and the United States in its favor
it is not improbable that developments of
the future will gain for it more adherents.
Diplomats are of the opinion that the
Knox plan has had the meritorious effect
of clearing the situation regarding the
railroads of Manchuria, and has placed
both Japan and Russia on record. The pos
sibility of falling back on the plea that
these countries were carrying out the work
of civilization, if trouble should arise, will
not meet with sympathy from otVer coun
tries, as botli Japan and Russia lave gone
on record as rejecting an opportunity to
rid themselves of this white mans bur
den. Whether or not the attitude of dis
interestedness assumed by both conn! ties
will be regarded with confidence in *the
future is a matter of doubt.
Interest will now be directed to the
Chinchow-Tsltsthar project, which opens
another avenue of trade into Manchuria
and gives the powers an independent line
outside the railways under Japane.se and
Russian control. In a general way this
line may be regarded as competing with
the established lines, although the region
it taps, notably Mongolia, is far from the
territory traversed by the Manchurian
roads. Moreover, the powers interested
will be in a position to take a definite
stand against aggression on the part of
the Japanese and Russians.
The capital required for the construc
tion of this new road will be about $25,
000,000. It was the idea of Secretary
Knox that Japan, as well srs Russia,
should bo invited to participate in the
construction of the line. Of course, the
rejection of the Manchurian plan will
bring about no change in this respect.
FRASCE WITH ALLY.
Follows Russia's Lead in Math
eh v ria n Pro posit io n .
| By Cable to The Tribune. 1
Paris, Jan. 2l\— The courteously worded
but negative reply of Russia to the p¥©«
posal of the Washington government to
neutralize the foreign owned railroads in
Manchuria is accepted and approved in
diplomatic circles here as indicating the
attitude of the French government in re
gard to the propositions made Io the
powers by Mr. Knox. C I. B.
DEC USE PROPOS. iL.
France and Great Britain Re
ject Knox Plan.
Paris. Jan. 22.— After exchanges between
thf two Cabinets, both France and Great
Britain have decided to conform their an
swers to Secretary Knox's Manchurian
proposition to those of Russia and Japan.
The two latter countries have declined
the proposal for the neutralization of the
Whether the replies of France and Great
Britain have been forwarded as yet to
Washington, however, is not disclosed.
Although both Russia and Japan make
reservation regarding the Aigun-Tsltsihar
proposition, the •'Temps" to-day insists
that the concession would be a violation of
the Anglo- Russian convention of 1899 and
the Chino-Japanese conventions of 1905 and
1909, and consequently Is certain of ulti
mate rejection. In conclusion, the "Temps"
says: "It is to be hoped that America will
not regard the rejection of the proposition
as an unfriendly act, but only as recogni
tion of the impossibility of France acced
ing to the plan under the existing law and
NEW RAILROAD LOAN.
Sou th Ma nek v ria n ( *o ?n pa ny
Can Borrow $100,000,000.
Tokio, Jan. 22.— Almost simultaneously
with the delivery of Japan's negative reply
to the proposal of the I'nited States for
the neutralization of the Manchurian rail
ways, the Emperor issued a significant re
script, authorizing the South Manchurian
Railway Company to borrow a sum of
money equal to double Its paid in capital,
but not exceeding the total capital.
This means that the South Manchurian
road, whose total capital is $100,000,000. of
which $62,500,000 has been paid In, can bor
It is understood that $20,000,000 will be
borrowed Immediately and devoted to the
rapid development of the Antuns-Moukden
line and the improvement of Port Arthur
as a great commercial port.
PBOGBESS IS PANAMA.
Last Year's ('anal Excavation
Over So } 000, 000 Cubic Yards.
Washington. Jan. 22.— Signs of the ap
proaching completion of the Panama Canal
are manifested in the summary of the work
dene last year. "The Canal Record." just
received, shows that in the yea«- more than
35,000.000 cubic yards of material were re
moved, b\it this was 2.000,000 yards less than
the record for 1908. A reason for thai de
crease is found in the fact that the field
of operations in dry excavation has been
narrowed by the completion of the work m
certain sections, whil.- In the wet excava
tions the *ork has become more dinVuit
owing to the depth reached by the dredges.
«;r. at progress is being made in the con
struction of the enormous locks at Gutum,
where two thousand yards of concrete wer«
placed ii. 'X I ingle day.
VESUVIUS & BAY- FINEST VIEW FROM
Savoy Hotel, Naples.
from^oo! *"1" 1 ****** Uoiel <Wo*. Rooms witL Full Pension
I ont tailed from flr<tl page.
tion oi the rights of rhe Commons and
the restriction ofl the Lords' veto
In that emergency Mr. Balfour an
noi a...'pt the responsibility of .on
ing the government without th.- immedi
ftti dissolution of Parliament.
The tariff reform vote has increased
enormously, but the great friailllll
centre* of the North are still 111 still M
it. and the moral fore* al P«heV opinion
is lurking for a sweeping . hang'- in th*
Mr. Asquith will probably be forced
by . -ircumstances to retain office tempo
rarily. i\ith Messrs. Redmond and Hen
derson as taskmasters. He will Bo< be
compelled M tn .-.ke I formal surrender to
the Nationalists, for he has conceded
Home Rule in advance. Mr. Redmond
professes faith in the Prime Minister's
sincerity as a Home Ruler, and com
mends him as an honorable statesman.
Than hi the iron hand in the velvet
The budget can pas? "illy with tlie
consent of the Irish partner, does
not care what happens to England pro
vided he gets Home Rule.
FLAYED THE IRISH GAME.
The truth is that the Lords and the
tariff reformers have been playing the
Irish game with their <
isaucs, war scares and invecthes against
socialism. An appeal has been made |a
the inscrutable Demos, ami eighty-three
Irish members are armed with authority
for determining tbo future relations of
the houses of Parliament and the fiscal
ami land policies of the kingdom, with
the privilege of obtaining Home Rule
and vindicating Gladstone's memory as
a necessary condition to the maintenance
of the coalition.
The answer to the appeal to the elec
torate is equally unsatisfactory to the
l,ords and the Commons, the govern
ment and the Opposition. There is Im
mediate renewal on the Tory side of the
argument that Kngland is the predom
inant partner, and that the Nationalists
must be excluded from the arbitrament
of constitutional and economic issues in
the United Kingdom.
"The Nationalist party," remarks
"The Pall Mall Gazette." "is a complex
and artificial organization, based on
American money, local terrorism and
clerical dictation, and manipulated by
three or four men who can make or un
make Members of Parliament by the
dispatch of a sixpenny telegram."
If the Lords, as is not at all unlikely,
support the view that Irish votes do not
count, the appeal to the country will
have no moral effect, and will be abso
lutely inconclusive. It will then be in
deed a drawn battle, with a temporary
tru<e before a renewal of the conflict in
another election. i. x. F.
UNIONISTS Jl BI LAST.
Liberals Cannot Control House
[By The Associated Press. |
London, Jan. 22.— The day was about the
brightest the Unionists have* experienced
since the elections began last Saturday. The
most* sanguine among them hardly predict
ed the capture from the enemy of nineteen
seats, while the Liberals found small satis
faction in two gains from yesterday's be
lated returns and two from among the
seven seats announced to-night.
The week ends with the Unionists Jubi
lant and confident. The Liberals cannot
possibly control enough of the remaining
elections to give them an independent ma
jority in the House, however small. The,
day's results follow the trend begun on
Thursday. The counties continue to come
forth for the Unionists, who are reversing
the Überal maiorlties in many places and
achieving substantial gains in all the coun
ty constituencies, except in a few where
party quarrels occurred or the Liberal can
didates commanded great personal popular-
The Nationalists are assured of the con
trol of the House, according to all po
litical prophets. The report was circu
it™* a tO ay } hat Mr *•**«** would re
sign as Premier and request the King to
summon a Conservative to the
government if the Liberals failed to s£
cure ft majority of their own party, m
that they could conduct legislative busi-
Fvfi?,w» th U l the help of their Irish allies.
Politicians, however, do not credit this re
port, and none of Mr. Asquith's utter
ances furnishes any foundation for it
The excitement over the elections is wan
ing in London, although still intense in the
provinces. The week closes quietly in the
metropolis. The .members of the Cabinet
and their principal opponents are still
stumping the country, and both parties are
whTch".^ l^ Sn o te° rW '" the dlstricts
MAY INCUR BIG FINE.
If Hamburg-American Liner
Stops at Sa?i Francisco.
Washington, Jan. 22.-If the Hamburg-
American Line steamship 'Cleveland, just
completing a trip around the world with
about six hundred and fifty American tour
ists, does not wish to incur a penalty under
the coastwise laws of $200 for each passen
ger aboard, she will go to Vancouver.
B. C, instead of terminating the voyage
at San Francisco. In response to a re
quest for instructions from the Collector
at San Francisco. Acting Secretary Cable
of the Department of Commerce and Labor
has informed him of this decisfon.
The law governing the case. Mr. Cable
saya, is clear and prescribes: 'No foreign
vessel shall transport passengers between
ports or places in the United State
directly or by way of a foreign port, un
aer a penalty of $200 for each passenger
so transported and landed."
It has been contended. Mr. Cable adds.
that the law in question is a coastwise law
and applies only to coastwise business, and
thai the boahMM of this trip is not coast
wise business. There is nothing in the law
itself that so limits Its application, he says.
fhe steamer Is due at San Francisco in a
Emil L. Boas, resident director and gen
eral manager of the Hamburg-American
Line, said last night, that the company had
decided I* ham the Cleveland enter Sar-
Francisco. He said the line had the option
of landing Its tourists there and paying a
ttne of $1,000. which later would be cm
VIRGINIA STEAMSHIP TAX.
[By Telegraph to Th« Tribune. 1
Richmond, Va.. Jan. 22.-Speaker Byrd. of
the Virginia House of Representatives, has
offered a bill amending the constitution of
the state so us to increase the taxation
on steamship companies operating and ply
ing the waters of Virginia to _• per cent on
the gross receipts of the companies. This
Increase Is along the line of legislation to
Increase the revenues of the state.
We have had a week of security mar
ket disturbance. Some incidents ' hav#
been sensational. There are fallureV
upon •he Stock Exchange. There 1, im
pending scandal. Litigation of discon
certing sort is beginning. It may even
come to pass— as the result of some cur
rent developments— that the entire ofll
cial character ■ the Xew\ York Stock
Exchange will be revolutionized.
Conspicuous beyond other things is the
collapse of the trading pool In Hocking
Coal stock. Mr. Keene captained it.
1 - stock was lifted from 22 to 02—'
through a year's campaigning an- i a \
single day it toboggans back to •_*_• agate.
It Is the popular Wall Street view that
the property is without value. Gen
erally, indeed, it Is announced as worth
less—the recent upward movement stig
mat i as a bunco performance. But
there may bo another side— there is an
other; and it may even soon be disclosed
that Wall Streets critical vehemence is
overdone— in so far, at least, as relate?
to the intrinsic value of the property a*
a commercial and industrial enterprise.
While stock-jobbery in the m ares may
have been flagrant, it is within th-»'
bounds of reasonable expectation that
there can be made an exhibit warranting
very substantial appraisement for the
company not only in Us prospects hut ia
its present tangible assets. If not wort*
1)" J. the stock may well be worth more '
than 2U— and, very much to the point, it
can be stated that an important railroad
interest appreciating this fact can hi
considered a bidder for the property.
But what is consequential for th* gen
eral market is that this Hoiking Coal
fiasco does damage to public sentiment,
already excited by Rock Island's Christ
mas episode. What is hurtful— in a
broad sense — is that too many incidents
are being disclosed among Fto<-k Ex
change proceedings which seem indica
tive merely of manipulation and machi
nation frequent being records which
call for explanation and apology. The
New York Stock Exchange Is more than
a quasi-public Institution; and *t.vill fc%
pity if through mistaken esprit de corps
there issu^ a challenge to lawmakers at
Albany already none too favorably in
clkied. To be fair and above board at
this juncture— to pursue In simple way
the lines of fairness— is all that is oeces
ran -but no less is necessary-
At th«» extreme depth of market de
moralization one stock withstood attach
supremely — and that stock was Unltsd
■States Steel common. As time and time
again maintained In this review. Steel
common is the accepted representative
of American business conditions. Wheaj
sold down to not much above SO profes
■lfWi Wall Street vociferated dire pr»« ."
dictions of collapse — gave force to such
predictions by making enormous com-* ;,
mitments upon the short side. But ab
sorption buying at one* appeared in
overwhelming volume, until at the week
end Steel common was the triumphant
leader of the list. Transactions In ft
far and away eclipsed those in any ether
security or group of securities, its move
ment emphatic registration of public
confidence in American prosperity.
The character of Steel buying was of
th** best. From the public at larE:«? "mM
lot" orders poured in to amazing extent,'"
while from the great financial interests
buying appeared of many thousands of
shares in single transactions. Of course, '
the usual accompaniment of short cov
ering aided the upward trend, but it was
not of signifying Importance — actual *
purchases for investment were the gov- *•"
erning feature. No doubt much of this
buying was induced by the well founded
expectation that the quarterly Moment
to be made public Tuesday afternoon
will be exceptionally favorable. It ia
anticipated in well informed quar
ters that a surplus available for "
common dividends will be shown
equal to at least sixteen per cent.
There is no longer demand for such ex
traordinary appropriations as were re
quired while the Gary plant was in
process of erection, and beyond doubt
the time approaches when Steel common
will receive much larger dividend dis
tribution. Whether at this particular
moment dividend increase may be or
dered is not consequential, provided that
there is revelation of an abounding sur- .
plus available. The well known con-*
servatism of Steel management may de
fer dividend increase until the times are.
more settled. Should Increase come,
however, it would be accepted by the
business world as convincing testimony
to the soundness of the whole business
The splendid record of the United
States Steel Corporation, the fairness of
its dealings with the public, with It*
competitors, with its employes, with its
shareholders, is irrefragible answer ts)
reckless criticism current concernics
American corporate matters. If th»
greatest of all our corporations can be
conducted in conformance with law ami ...
with just and equitable relations to all
concerned, it follows beyond doubt that
any other corporation can be so admin- ■
istered — also that public sentiment
will demand the adoption of Steel meth
ods as the general rule. Meantime. It
Is no cAuse for amazement that cautions,
shrewd investors should invest their cap
ital in the Steel stocks in preference to
most others, That is what is going on
just now- and what seems certain to con
tinue. Gauged by the plain standard of
value and earning power — which will *•
strikingly revealed In Tuesday's state
ment—the Steel stocks at the highest
point they had ever been quoted haTe
not received full market recognition—
and the stocks are now materially below
Steel buttresses the security market.
Money market conditions improve—
there is no longer any threat from Loa
don, where the official Bank of England •
discount rate has this week been re
duced. European buying of American
stocks may be expected— new taxation
Impositions on the other side actually
forcing capital this way.
Agricultural records are all on the en- .
couraging side. Recent weather condi
tions guarantee winter sown crop*
General business conditions all ha*»
the right ring. Bank exchangej *[•
running into figures tremendously D«y
yond any recent yearly comparison— ap
proximately 39 per cent, more money ••"
ing paid into and out of our banks tnan
a year ago. There Is significance in ex
hibit like this not likely to be dismlsiee.
Those Wall Street oracles whose chief
delight is \o forecast dolorous ♦hlns*
from Washington have this week over:
worked themselves. Actual develop*
ments dispose of every one of the recita
tions. They have been full of predic
tions of inimical legislation; and thf**
in no inimical legislation." They nave
prophesied disturbing litigation: and no
such thing is anywhere discovered-
What in the Washington latitude i*
clear, sure and undodgeuble hi that oai.
plain. fair, straightforward procedure 1*
contemplated. . .
\Of course, however, further man«»
nervousness will not be surprising. _ •
H. ALi«AVVAX« ■