New-York tribune. [volume], April 11, 1909, Page 4, Image 4

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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•i
AIRSHIP PEACE FACTOR
PERIL TO DREADNOUGHTS
Britain, However, Likely to Build
Eight Great Warships.
if-r«<".al by Fr»r.'h CaMf to The Tribunal
London. April 10.— Party strife'and passion for
armaments arc not attuned to Easter anthems
I'ivalhins peace on earth. The excitable patriots
vn<l _„ bentirg the drum for an Anglo-German
war t.iv tJetormincd to have eight Dreadnoughts
In place of four, and will probably succeed in
carrying the^r i.oint when the votes for new con
struction come up in July. Orders for making
srmor plate, i m an I turrets will be Issued In
the autumn, and work on the bulls will b<- a;*
cclrrst«o. This is confidently expected by the
Admiralty offiemls *nd Liberal politicians.
The pressure for Dreadnoughts is so great
that David Llmd-George and Winston Churchill
may be forced to assent to measures which they
have s-toutly resisted. Even a man of peace like
Robertson XteoH. editor of a powerful Noncon
formist British weekly, cries aloud for a great
navai loan :*r>d lament* a lack of courage in the
Prime Minister: yet the experiments of the
Wrights and Z"j.pe!in arc exposing Dread
noughts to a terrible menace of a rain cf dyna
mite from the sky. in addition to the ordinary
risks of bcinp blown up by submarine mines and
torpedoes.
Fxpcrts predict that aeroplanes -^ 111 soon be
flying at the rate of sixty miles an hour with a
load of 1.500 pounds, and assert that a thousand
at least can be turned out for what one Dread
nought will cost When the» d>r.am:te scat
ten-rs suarni in t:;e air the dangers cf naval
<.p*-raiions will be absolutely appalling, and the
nations w iil be compelled to form a league if
peace for common defence. Meanwhile Dread
lioupln* are demanded, tight at on. c. even if
they arc likel> to become obsolete in five or
ten > oars and ra-mv has to be borrowed to
pay -for th mil Land reformers as well as
economists are played with.
- ■ •
taxatioi t land
■
■ •
I romis< ha?
-•■•••
• ■ •
rtltut
■
• -
ght rd Lane
■ "
n to I
igh 1 ear, so thai
. ■ - INF
ART AND PERSONAL \OTES
Tribute* to /•'. Marion ('rare ford -
General Booth's Birthday.
(fptctai by Fr»n-h_Cat>> to Tiie Trtbune.l
London. April ]<>.— The spring art shows have
opened at th«- N-w Gali< ry. where a subscrip
tion basis lias b< en adopted for exhibitors
The Arciibishop of Canterbury Is among the
Eusfr pr^-su-hers. ami Canon Hensr.n will oc
cupy Ft. Margaret's pulpit twice to-morrow be
fore sailing for America on a protracted visit.
General Booth, who is celebrating- his eightieth
birthday to-day, is overwhelmed with congratu
lations upon his unimpaired health.
The biographical notices of F. Marion Crawford
are most sympathetic. His American education
■Wiif at Cambridge, where h<«
maoo liiVlong friends, and many Englishmen
have born entertained at his Sorrento house.
The first intimations of Algernon Charles
Swinburne's critical il!n»-s.-= were received in
this morning's pain-re. He had lived at The
Pines, a! Putney, in seclusion for many years
with his intimate friend. Theodore Watts-Dun
t»r:. who If also a victim of influenza and pneu
monia.
na; wit •
- Sicily and
■I N F
SEEK ARGENTINE SHIP CONTRACT
Representatives of American Firms Ready to
Support Their Tenders.
London. Aj-ril Z.— Representatives of the rreat
shipbuilding companies of the world re gathered
In London to Bupport Th«-ir tend^ts for the con
struction of the two modera battleships and some
smaller v«=s.«=e!s which < he Argentine government
if about to bund. Tht-sc tenders, including four
fr->r.i America, are hemp considered by a commis
sion cf naval experts sent here by the Argentine
govenanenti
The Americans who ar* h*re to appear before tlie
(i. !r.m':*s\r>v.. if ca r h-d ur>on to civo further partlcu
ana cf tl.Mr t«-r.i!« r«. sr^ Re:tr Admiral Bowles.
pre«:dent or the For* River Shipbiilding Company;
Hcurj K. <jro\ .-. prvffident of tin Cramp company:
De Courcey Mn>. of t).«» New York Shipbuilding'
Company, and Mr. <;av!nt!et, of the Newport News
Shipbuilding Company. Archibald Johnston. vl«
president of tii* Bc-thklirm Steel Company, a also
> *-'< ;-;:id takes a k*« ti int^r**! in th^ competition
frr the •work, his company l>ein» indirectly inter
<*•»•- cs a fjpri:'*'" of armor plate
MINISTER PUGSLEY NOT TO RESIGN.
at John. N. R. April 10.— William '••:-■ Min
ister of Fi:b'.ie Works In Sir Wilfrid Lauritr's Cab
inet, who is at h.x home hr-re for the '•.--.'•• lioli
daje. Kayt. that t.-!«*r«> is no truth in the reports
ths* he Intends to resign his position because of
the ■JtiC« of a commission which Imfstigated tjie
«JTairy of the Central Railway.
Specials for Monday and Tuesday.
ROUGH PONGEE SILK, very bright and silky, medium weight, in a complete MM
line of «prinj; c hades; value 59c. per yard, at TaT^V^
YARD WiDE BLACK SATIN', Directoire, pure silk, in medium and heavy QQp
v.c:ght; regular value $1.25 per yard, at . «/O v.
BASEMENT SPECIALS.
IMPORTED CHINA CUPS AND SAUCERS, neat pink, rose decorations; Q^
value 15c. each v V-
Set of 6 Cups i"id Saucers, 50c.
IMPORTED CEREAL JARS, blue and white, stenciled sugar, flour, tea, -fl Q^
coffee, &c; regular value 25c. each Jl«/I^
Sets of 6 Jars. $1.00.
Sale of I:r.perial Rlue Mottled Enameled Ware. This rare is triple coated, white
inside, perfectly pure, and al! have enameled covers.
2 tjtiart Coffee Pots, 3 tjuart Coffee Pots.
2 "' Tea Pots. [ 10 " Preserving Kettles,
10 " Dish Pan?, '. 14 " Dish Pans,
4 *' Berlin Saucepans. I 10 " Water Pails,
4 ** Berlin Sauce Kettles 0 " Berlin Kettles,
Value 69c; Choice 39c. j Value B9c ; Choice 49c.
8 cuart Berlin Saucepans, ' Value 98c, { 2 quart Rice Boiler-;,
8 " Berlin Kettles, S t<* 59c - '( 3 " Rice Boilers,
West 125 th Street, 7th and Bth Avenues.
the trTbTTnT'.s foreign news.
NAVAL ALARM IN FRANCE.
Four Dreadnoughts Seeded, Oiling
to Austria's Action.
[Special by French C«*l« to Th» Tribune]
Paris, April 10.— Austria-Hungary's tour pro
jected Dreadnoughts cause serious reflections In
French naval circlrs in consequence of the
Anglo-French understandloaj. It was tacitly
conceded that the supremacy of naval strength
5n the MeditPrrancan should be left to France,
thereby enabling England to reduce her Mediter
ranean force to n minimum, concentrate her best
shijs in the Channel and beep her squadrons of
bip cruisers in the Far East on a more formid
able basis
In view of the present inadequate strength
and efficiency of the French navy, which has
fallen from the second to the fourth, and per
baps fifth, rank among nations, it is deemed
Imperative that at least four French Dread
noughts Bhoald be begun, or. falling this, that
England be called upon to Increase her Medi
terranean fieet In corresponding proportion.
Meanwhile the French radical newspapers dwell
upon the menace which Austria's naval devel
opment means to Italy. '' L B
EASTER OF THE NATIONS.
*
Gift of the Powers to Austria— A
Moroccan Flare.
[fipeei.l b, French Cable to Th« Tribunal
London. April 10-What Is Beh^
Continental correspondent as Baron n
thars Easter sift to Emperor Francs Joeepr, Is
the ass^t of the powers to a perfected title to
Bosnia and Herzegovina. It involves the abro
gation of an Important article of the Treaty of
Berll:, and ha, been brought about by the close
understanding between Germany and Austria-
Hungary without the formalities of a European
conference Now that England has recognized
the annexation as valid the consent of the re
maining power, is a matter of detail. Russia
Is likely to obtain a supplemental gift of a sim
ilar kind through the. co-operation of the For
eipn Offices at Berlin and Vienna, which are
seeking to detach her from the alliance with
France and the entente with England.
A l"ss seasonable gift is the mining conces
sion obtained by the German Consul at Fez in
violation of the recent agreement with France.
It may be explained away by later dispatches,
and may be prematurely described by excitable
journals here as a fresh proof of German du
plicity. When everything is going the German
Emperor's way he is not likely to reopen Pan
dora's box in Morocco. 1. N. F.
MANY EASTER WEDDINGS.
Lord Rosehenfs House Party After
Lord Dalmemfs Marriage.
[Special t-v Frmch Cahi« to •.:<• Tribune. '
London. April 10.— Easter marriages are in
ere&tinc: smart society more closely than the
holiday recreations of rpyalty. Scores of fash
ionable weddings are arranged for the next three
■^ef-lis. Many are military shows, one has an
unusual muster of eleven bridesmaids and an
other will be staged in Hvnry Vll's Chapel.
The most important one will be Lord Dalmeny's,
at St. Pauls. Knightsbridge. the bride being
Lord Henry Orosvenor's daughter. Their rela
tives make a peerage list by themselves, and
p r pSPIIi«p SPII i« are coming in by hundreds from royal
ties and nearly all the great house?. Lord Rose
bery will have a week-end party at Th« Dur
dans after the wedding and the American Am
bassador and Mrs. Reid, who are now at Wrest
Park, will be among the guests. It was at Lord
Rosebery's bouse that the ambassador, when
hf- was taking his own wedding journey, first
met Gladstone. . 1 '.. K.
AMERICANS IN PARIS
[Special by • rench <"abi<» to ThP Tribune. 1
Paris. April 1". — Among the Americans in
Paris are Mrs. J. P. Kernochan and her son-in
law, Herbert Pell: Miss I. Blgelow. Miss Kate
Lawrencs Mrs. F. Drlscoll, Mr. and Mrs. P. P.
Robertson, Cornelius Vanderbilt Mr. and Mrs.
H. Green. Mrs. M. H. Billings, Charles Lanier.
Mr and Mrs. .•: P. Bacon, Mr. and Mrs. Alex
ander Shives. Mr. and Mrs. J. A. Montant. Mr.
and Mis. Herbert Johnston. Mr and Mr-. Rod
man "Jriscom. Mr. and Mrs Francis Merriam,
Mr? J. F. Cullman, Henry Sloan and daughter,
David Sears. R. H. Rice, Mrs. K. F. Hinkley,
Miss J. R. Thompson, Mrs. Charles S. Ward and
Ralph Stewart. C. I. B.
MRS. CATT HAD SUCCESSFUL TRIP
Four Additional Countries To Be Represented
at Suffrage Convention.
London. April I.— Mrs. Carrie Chapman Catt,
president of the International Suffrage Alliance!
has returned from a tour of four weeks through
Southeastern Europe 'and reports a hard, but sue-
BSSi trip. Four more countries have been added
to the sixteen which will s^nd representatives to
the aps!roa?hing international convention In I/on
<l->n. namely. Austria. I<flKl\:m. Bohemia ana
France.
A pood deleKation Is promised from Germany.
Mrs. Catt is pleased with the movement In South
eastern Europe, and reports the work (o be pro
pre<«i;.; rapidly. She spent fifteen days In Hungary,
vi«lted nine different towns and spoke ten even
ing*.
PAPER CRITICISES ITALIAN NAVY.
Rome. April 10.- A local newspaper has published
a fensfttlor.al article criticising severely ihe con
dition of the Italian navy. It says that the new
warship NapoM cannot make more than six knots
h?i hour, ani that the Roma can <)•> littl»> better
than this. The paper fillef-es also that grave de
feats have been discovered in the machinery of the
new 10,000-ton cruiser.
NEW-YORK DAILY TRIBUNE. SU^DAY^APRILJI^IOOO
FfiEJSCfI LABOR CRISIS
NEW CABINET PROBLEM.
Employes Demand Share in Control
of Departments.
I Special by French Cable to Th« Tribune. 1
Paris, April 10.-The problem which confronts
the Clemenceau Cabinet by the amalgamation of
the associations of government employes with
the General Confederation of Labor becomes
each day more complicated and more difficult
The latest obstacle comes in the shape of the
claims made yesterday by the most conservative
and most enlightened of the associations of civil
servants, known as the Comite d'Etude of state
officials which by the voice of its president, M.
De Martial, Insists upon the right of civil ser
vants to be not merely the employes of the gov
ernment, but actual partners in the control and
management of the respective departments.
The effect of this would be to destroy the
authority of the ministers by making them re
sponsible to the association of employes Instead
of to parliament It should be noted that the
Comite d'Etude, which has arrived at this de
cision by a unanimous vote of its members, does
not claim the right to strike, and explicitly de
nounces any act which would deprive the public
of the use of the various administrative depart
ments as a misdemeanor.
Meanwhile there is renewed agitation, •
: • entlon in office of the unpopular M
Simyan. The Kaster holidays are regarded as
the calm which precedes the storm. Citisten
Emile Pataud— "King" Pataud. as hi is face
tiously nicknamed !<-■ busy with Becrei com
es and wire pulling, bui exactly
v hat h< . aboul no one seems to know. The
reactionary organs, like the "Gaulois" and the
"Soleil," twii the government with fearing to
apply the drastic • measures to Citizen Pataud
which they applied not long ago to the disaf
■ . clergy, and say that if Pataud had I n
c priest he would long ap> have been arrested
and kept in i>ri«"n
It is needless to say that the extreme Catholic
ecclesiastical groups and those of the royalists
and imperii -• ight in adding embarrass
ment to a situation which they too hastily de-
Bcribe as the bankruptcy of th entary
regime, and confldeni pred I that M Cle
njfnvau will soon be compelled to maki his
choice between reaction and revolution must be
taken with a wholesome pinch of salt
C. T B
THE LONDON THEATRES.
"As You L%e It" at the Court
Mr. Tret 's Revival.
- .
London. April 1" The theatres are making
attractive bids for th< holidai business. Terry's
bas be- :i reopened with Arthur Law's eoi
"The Artful Miss Dearing." which is well en
s a mirthful entertainmeni with far
cical '
Fa^- Davis and Gerald Lawrence ■
a six weeks' Shak< s| ■ ■
itre In "As You Like It."
ntho P.tunn returns to the theatric)
ell as a
, nd James Bernard Fagan as ;• favorite
dramatist Tl c first i>e •'The l .
with Norman Mi Kinnel as M ss As!
supporter.
Beerbohm Tree's revival of "The School Cor
Scandal" Is now running smoothly, be::!<» taken
:: it was on ':■ opening night
it [s one of the finest achievements of a
His M: j( sty's v ! r h i ostumes
and scenery of the highest order and a remark
• ■ ast. with r : :;•;: artors. its novel
feat ures ere Mari< I Ladj- Teaz
and Mr Tree hims - a middle ,\s.f\. well
bred E n place of th<
illy seen.
Mile. Leonora is making a fine Impressi i
a dancer In "Psyche" at it-.- Alhambra, and
Maude Allan is i losing an engagement I I
NEW FRENCH HOOKS.
Paris. April 2.
"Le Talion' ("Retaliation") Is a Parisian novel
by Victor Margueritte. issued by the Llbralrle Fas
<]ue!lc\ dealing with lt:e situation created by a
woman who fails to marry the ma she loves, who
becomes. nevertheless, the father of one of her
two children, her husband being the father of the
other child. The problem arises whether li is
better to tell the husband of the true star- of af
fairs or allow him to continue Is life of fancied
happiness. The erring wife, especially as she ceases
to love the man whom she ought to have miirrier],
decides on the latter course, and as •:.- children
are fond of each other, and as tin husband's
paternal affections seem equally divided between
them, the family life runs smoothly in spite of the
tempest that at one moment threatened to over
whelm it.
"Nitaoukrit" i.« a romance of ancient Egypt, by
Charles San) brought out by the Übrairie as .
quelle The hero is the ruler of Egypt for whom
the third pyramid was built, and the heroine is
the queen called bj- the Greeks the •■Divine Xl
tocrie." The reconstruction of Egypt la baaed on
the latest researches, and the novel in this respect
resembles the works of Dr. Georg Boers
In "L'Une et I'Autre'' Mine. J. Marnl ikes an
ultra-modern type of girl, Marie-Therms*, n| ..
does not hesitate to say to her mother: The edu
cation that your parents gave you was simply de
testable, your individuality was crushed and you
became irrevocably bigoted and narrow minded.**
The mother is, however, a charming woman of
forty-five, who disdains "femlniniums" and "suf
fragettes." The young architect who marries
rherese finally falls in love with his mother
in-law. Jt is rivalry between a mother much too
young for her age an.; ■ daughter much too old
for hers. The thesis Is by no means so interesting
as the novel, which is one of ••.. best which .Mine.
liarni has written. ■
• I^t Cathedrale Notre I»ame de Paris." by M.
of the Na
tional Library, Issued by the Libralrle Lonj
the most practical most handy description "f
n Wch haa yet appear* ■:. it is .
g ■ its and -i plan Adm •
cathedra i i Petltea
gTapbiea dea 'Jr.,;..!- ; M Prance," 1
under the supervision of M. Eugene l.e
tevbre-Pontalls, is brought out In separata volumes
I,it,r..nie Renouard. The two moaoi
that are pub laj deal with tht Cathedra
,iif> i.; M !'■ Be M< : . ■' .- nd tb« ■
.., by M Buajene Lefebvre-Pontalia Bach
work ts illustrated b adeq v . md by near
f : r> engravings.
•\, f{'M; lU !l lie \-.:T.- ' 1 •- •■ .-■! !!,. LJbl lirle
fiMWMfiMi. la a description of architectural and
Paris b] M Paul Fournler, wt:>> has ac
compllsh«d i ;*■ tart ■■ I ■ iid <f
ant documents and Information supplied him
by the lat. Victorien Sardou, the dramatist, wiiri
c f.f Lhe most remarluibk ar. ha - I
i me. '".!!;
HARVARD TO GET FOREIGN STATUES.
Munich, April 10.— The Prince Regent of Bavaria
lins deride..] to present to ii- Qermann museum of
Harvard University a cast of the oldest equestrian
statue by .1 German sculptor, that of Kmperor
Conrad 111. ii dates from the thirteenth century
and Is at present In the Bombers Cathedral Pro
festtor Kmio Francis*, of Harvard, who is spending
a vacation here, has been Informed thai the Swiss
government Intend!- to Mend to lira .Harvard mu
seum a reproduction of one of the most Important
monuments of Uurgundlan art, .1 group of ntutuev
ea tlis tomb of Lasurruz, near XeuchateL
ALL HOLLAND EXPECT AST
An Heir to Throne Anxiously
Awaited— Humble Gifts.
Londot April 10.-Eastertide hopes are m »t
fervent la patriotic Holland, where the _*hole
nation Is awaiting the coming of W beh-tO
the throne. It is a family affair in which ever,.
body in city or province Is Intimately inter
est ci The humblest fishermen and peasants
carved toys or painted windmills for the
expected heir to the House of Orange, cities and
corporations have entered Into rivalry for the
largest subscription lists, and the nursery is al
ready a storehouse of cradles, baby clothes, em
broideriea, toilet sets and toys, presented with
out reference to court etiquette and solely be
cause the Queen's subjects love her. Thou
sands of good Catholics are praying in the
churches for the safe deliverance of this remote
ri.ir of the historic champion of Protestantism
who fought the long battle with Spain.
Everybody In the Netherlands Is awaiting
anxiously the booming of guns and flourish
of trumpets which will proclaim the fulfilment
of the nation's hopes, and when the signal is re
ceived the streets of The Hague and Amsterdam
will b<- crowded with jubilant throngs waving
.'id dancing for joy. There Is ample rea
son for the anticipations of the Dutch people,
(pressed with charming simplicity and naivete.
of an Kaster gift. Without the birth of this
child the succession to the Dutch throne has
led toward Berlin direct. An h*lr of rhe House
of Orange will appeal to the spirit of nation
ality, revive patriotic memories and strenßtlu-n
the prejudice against foreign intrigues and an
nexation schemes. Holland, with the succession
no longer dependent upon German heirs, will be
left to work out her own destiny with the old
time traditions of neutral trade and abstention
from activity in foreign affairs. I X F
■ . -
The Hag le. Aprjl 10.— The hirth of an heir I
throne of Holland is confidently expected in me
coming week, and, :f ail K" f> s well, ilie outi
■ enthusiasm will be such as has >eMorn
been witnessed among the placid Dutch. There
has been no royal birth in the Netherlands .since
that of Queen \\ lihehnina herself, twenty-seven
years ,<k- Thrice before, since the marriage of
■■l,iui. Wilhelmlna," as the Hollanders affection
ate]} call the Queen, have the hopes of tbe conn
■■ ■; raised, • I • c,t<t down. The con
'ear at the Dutch has been that the House
of Orange would <li» out with a childless sovereign
and ma: Holland would become a German vassal
state.
Demonstrations on a giganti< stale have been
• •}, and processions, concerts and festivals
■ held all ovei ihe country. The school chil
dren have a week's holiday, and amnesty will be
proclaimed for certain classes of prisoners. Ouna
»:■•■ in position on the parade ground Ik-ih for the
s.ilute on ih-- announcement of the birth, one
rounds will be Rred for the hij-th
of a prince and flfty-one for a princes- U<
accompanied bj ti stumes of the six
- • . • Ivei
ters of the 1 iiy.
The health of the Queen has been excellent. Dr.
X 1 ■.«..•. an eminent gynecologist, in addition to
the Queen's regular physicians, is in constant at
tendance. The Queen's apartments at*> at the back
of the palace, overlooking a quiet. Old World gar
den. A suite of six rooms has been prepared for
the infant by the Queen herself, and i:: these have
been installed some ancient cradles of the House
of Nassau, of wonderful workmanship. All, bow
ever, have been discarded In favor of a homely
wooden Dutch cradle, which will be used ordi-.
narlly, while on state occasions the baby will oc
cupy a beautiful cradle of Louis Seize style, made
at the Hague School of [>acework. where two
score gvomen instructors and pupils worked many
months In producing the lace for it. Two rooms
are filled with presents which have been sent for
the royal baby from even City and ban in
the Netherlands.
STRIKERS WRECK FOL'R FACTORIES.
Buttonmakers of Meru, Fraiice. Riot After
Harangues by Agitators.
Meru. France. April 10 The strike of the
makers of Meru h.is entere.i upon h critical phase.
All the departmental 1 rltles are hurrying in
here, and reinforcements of cavalry and gendarmes
mlng by every train. Many arrests have
been m: :• I further trouble : « expected
'lhe ast night • a revolution.
11. c flown from Paris ami harangued
th< mob, after which the strikers stormed and
wrecked four button factories an<l practically
destroyed the houses of their employers
Tr ... from a reduction of 38 per
( . e . . h . h. employers say they will close
stal Ishments rather than g<-. back to the
old iiit«.
THE LAPLAND ON FIRST TRIP HERE.
verp, April 10 The new Red Star Line
■ • . I left l port a; J o'< lock this
• maiden voyage to New york
■ liner that over sailed from Ant-
I ■ , rowd gave her an crn : -
GERMANY TO SEE ENGLISH PLAYS.
Wiesbaden, v-rii 10 A permanent compai
production In Germany of English p!
... under the 1 ■ t of Mmc M.t.i
IIHIIK. will open ;u the Royal Theatre here on May
17. "Mr. Hopklnson." by R. C. «'arton. and "Can
dida," by Bernard Shaw, will be among t 1
pro !m • - ' will visit Ihe minor
Germany and then appear
■:■: ler Imperial 1
STATUE OF JOAN OF ARC MOVED.
Paris. April l" Following an order Issuej hy M.
Doumergue. Minister of Public Instruction, th*
of Joan of Arc, I". Paul Dubois,
the L toi fifteen years, was
removed secretly onThursda) morning, an-1 ia no*
1 ) ■ . Pantheon Significance attachea to
1 on account <>t the recent violent tUmon
, ns of royalist students ;.t 'he Sorboiine
against Professor Thalmas, the author of a book
R that tii- nistory of Joan of Arc v>u< larajelj
rrythli ■
AUSTRALIA PLANS NUCLEUS OF NAVY.
Victoria] R. <".. April 10.— Advices have been re
r eeetv»d by th« steamer Aorangi that the Australian
government hn« started th« nucleus of an Aus
tralian navy by ordering three torpedo boat de
stroyers. Two are to be built in Scotland at .i
cost of J427.500 each.
JAPANESE SQUADRON GOES TO H I LO.
Honolulu. April 10.— The Japan training squad
ron, consisting of the cruisers Abo and Soyo, sailed
to-day for i [iio hem they are scheduled to de
part or San Francisco next Wednesday. Hear
Admiral IjichJ, commanding the squadron, ex
pressed his gratification at the hospitable enter
tainment anl the hearty welcome accorded to the
Officers and men of the cruisers during- their stuy
heie.
DUKE OF THE ABRUZZI AT BOMBAY.
Bombay, April li>.— The. Duke of the Abiuzzi ar
rived I--:.- to-day from Marseilles. He at once
ptitrvd northward on Iris Himalayan expedition
GENERAL WOOD REACHES SAN JUAN.
San Juan, P. R.. April to -Major General Leonard
Wood, commander of the Department of the Bast,
arrived here to-day from New York to make a
tour of Inspection of lit- Island He will attend
the nvtnnpuvr a of the Porto Ricati retfiment. Lieu-:
tenunt Colonel Howie will commund ih. reuiment In
a aerlea of sban battles and marches, to last for
three weeks.
J. G. BENNETT'S YACHT DAMAGED.
Baleen, Cochin cuina, April in.— The American
steam yacht I.yslstrata. owned by James GoiOon
Fionnett. New York Yacht Club, lias put in here to
repair damages amis Inert a* a result of the »'iii>-
Vlii£ of one at her ciaats
NAVAL RIVALS
Dreadnoughts and Risks of War Be
tween England and Germany.
London. March 31.
Will Germany and England drift Into war in
the course of a decade? This question has been
seriously discussed by reflecting men rather
than panic makers since Sir Edward Grey's
masterly speech in the Commons. He brought
the bread lama of an ultimate conflict of sea
power definitely before the nation while depre
cating; the exaggerated alarms of the moment.
This was the situation which would be produced
by the completion of the German naval pro
gramme. There would be sooner or later a fleet
of thirty-three Dreadnoughts under the German
flag— the most powerful sea force the world has
ever seen. Not one of them has yet been com
missioned, but the resources for building ami
arming them rapidly have been acquired; and
the necessity Is imposed upon England of
matching them with a superior force of Dread
noughts and of rebuilding the whole of the fleet
at a vast cost.. The work of constructing a
navy more formidable than any fleet now afloat
!s already cut out for the British Admiralty, and
the only debatable points are the time required
for this colossal undertaking and the margin of
power sufficient for accelerating shipbuilding
and gun mounting under pressure of emergency.
As Sir Edward Grey explains the situation it is
only a question of time when these two for
midable fleets will be massed for national de
fence on the North Sea. Is the rivalry between
the two powers so intense that a war will be
inevitable when the fleets are ready for action?
This momentous question is discussed by Sir
Edward Grey in a more philosophical spirit than
the panic mongers have displayed. They have
asserted that England ought to declare war on
Germany without delay and to destroy the rival
navy before it is reinforced with the new Dread
noughts. They choose to consider the German
naval programme as a hostile net dlrecU-d
against British supremacy on the high seas,
and urge an immediate campaign — the only
effective measure of safety. They do not per
ceive the wanton immorality of a declaration of
war based upon German activity in shipbuild-
Ing Sir Edward Grey knows that public opin
ion in England would not sustain a govern
ment which struck a rival poWer In a bullying
and provocative spirit. He la prepared to admit
that it is a legitimate ambition for a country
which has a growing commerce to have a pow
erful navy, and that it would be a -rim- against
civilization to make war upon her simply be
cause she was building ships rapidly and scien
tifically. He goes further and declares that it
will be possible for both countries to get on
peaceably together when they have built their
rival fleets and are ready for a decisive combat
for sea power. This conclusion will be shared
by all reflecting minds. The two fl*-.>ts when
completed will have oat so much in taxation
and sacrifice that neither rival will be eager to
take the risks of a supreme conflict of sea
power Each navy will be a costly policy of in
surance against war.
Sir Edward Grey does not present the
that way. He shows -how two extreme
may produce a conflict and bow wide a margin
of Intermediate space there la where both na*
tk>ns can keep the peace The extrem<
domination and isolation, which wll
S pntm.>nt and attack If either power attempts
to Isolate the other from all..
, „r to dictate the policj of (he Continent
without coi - er a trial of si
on the high seas will bi Inevitable. That is a
forecast by a greai statesman which la worth
remembering. T
recent years about the solai rf Ger
and it has pn -
iani sovereign's ardor for naval armamei
theatrical strokes like the one which haa
denly broughi peace to the Balkana tl
pressure upon Russia and Austria Then la
to be as much foolish discuss i
German domination on Mm
the coalition ol armies In the triple alliance has
been shown to hav< cohesion to the
coalition of amlabititiea and complimenta
triple entente. Genuine peacemakers 111
King and Hi- Edward Grey do noi
sistance '■•■ repeating mischievous «
about a rival power's isolation or | iss
ition. They avoid estn i a and
endeavor »o convince friend and fo
course to annamenta is ■ cat foi tha
world and that there is n wide Held for a spirit
of neighborly accommodation.
. i-.. thing :har ivlly agaii - .
ilous scrutiny of naval armaments
conducted In London and Berlin Germany i.*
,:••%. lopina her naval re»
thoroughness the processes are s< rei and are
constantly undergoing change; construction Is
accelerated and contractors are encouraj
imjip.v c their plants by " ..
tonnage of battleships is increas< d, th< ■
are strengthened and the turbine engines and
other mechanism are steaJßi impr ■ : Sus
picion is excited by these pera rts to
create a Brst Une of battleships which will i>e
a more effective striking force than the main
British Beet. Official statements are not cred
ited, the right of the German government to
Interpret its own law la questioned, and there is
a growing conviction that armaments which are
clearly In advance of the defensive requirements
of the merchant marine are levelled against
England. On the other hand, every detail of
the construction work in England is closely
watched in Germany, and the panics. agitations
and faction feuds are followed with compla
cency and satisfaction. The struggle for supe
riority In armaments may easily promote hos
tility between two jealous nations. The compe
tition Is already so strenuous that a danger
period ha? opened in the relations of the two
countries. An agreement imposing limitations
of armaments is clearly impracticable. Ar. ex
change ••:' Information between the two ad
miralties which would enable the experts to
know what was going on would he equally futile.
The naval armaments themselves which are
draining the financial resources of the two most
progressive countries In Europe, may have a
pacific tendency. These fleets of Dreadnoughts
are at once so formidable in their long range,
concentrated gunfire and so vulnerable from the
number and complexity of the engli s encased
in heavy armor thai the admiralties shudder at
the thought of war waged scientifically by a
first class power. A nation with a powerful
first line capable of making a sudden attack
with overwhelming force commands respect
abroad. The British Admiralty would probably
welcome an opportunity for smashing the Ger
man navy to-day. If It could be done with an
adequate cause of war and without taint of
morality. It will be leas anxious to have a con
flirt three years hence, when there are thirteen
or more Dreadnoughts under the German flag
The multiplication of battleships on the other
coast of the North Sen will tend to diminish
year by year the ardor here for a big naval
war, and th** more closely the balance of Dread
nought power is adjusted between the two na
lions and the larger the investment In them
measured by millions the stronger will be tii.
probabilities of peace. Without doubt the coat
of this method of Insuring against naval war
fare is becoming Intolerably, high an«i oppres
sive, but the effectiveness of the system cannot
be ouesUoneal 1. N. F.
The Financial World.
Security market changes for the week V*
with virtual uniformity changes for th© better.
Though the professional talent of the Stock Ex
change vigorously contested every mnv» toward
improvement, there came into the record rot
merely the exhibit of quotation advances, but
evidences abundant showed that the mark-* In
•ts betterment was proceeding beynnrt r»w,t
narrow manipulative bounds— th* puWic U aeri
ally reappearing in Wall Street.
Almost t: -a-^ !•
ainanial 1
' ' ■
*o be re-sown is assured b
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An inspiriting element in the situation !3 t.at
European financial sentiment begins to appr^
ciate'the wholesome change here— indicated s'jt
nincantly by tin purchases of our standar 1
Stock* as noted in this review a week ago-
Kaltimore. and Ohio and Reading, particularly.
having been taken within the past fortnight !n
large volume for th* account of London an<i
Berlin.
It Is quite within reason, of course, to Tie*
these European purchases as to some extent In
fluenced by speculative interests— sellers of op
tion contracts .rights to call for the delivery ef
blocks in the future, having obligated them
selves to deliver tremendous amounts of cer
tain American shares within the next 60 da>».
It is conservatives computed that English spec
ulators have committed themselves to contracts
of this sort that aggregate hundreds of thou
sands of shares. Reading has been e.pecxa^.y
a bear favorite abroad-and all the rest of tn ;
American coal stocks in. lesser degree. It has
been arsued abroad-just as it. has been vocu
erou-.lv proclaimed hore-that Reading was
bound' to so to smash, that the United States
Supreme Court would crush It-thto revetotton
r-ot co-nine just now., but months d?" am
oe,d r^ .tock ,as .old Short th-n and option
upon its future were sold then, w.th the ««£W«i
freedoms-Reading stock th»n a dozen or t.-?n.>
noli, * below where mm it sells. B««^^
have been savas- gentry sense!. -ss and \ulKar
enough to knowledge of Crttaj
States Snpreme Court determinations pinioned
for thf-ir foolish affections. _ -
If is a curio situation whe^. » n J°~*f4rf
be mad- nervous over the possibility of an a-.
vcr"e" judicial decision whose utmost effect
would be th- distribution of a fat cash dividend
to railroad stockholders.
Baltimore and Ohio has b»en assailed ..n
pretty much th- same lines as Renl^ig-^t.
Snlike Reading, it has so far merely stood l soL -
Iv firm. It may be that in this regard a changed
been undertake without the approbationc«h«
positive advice) of the foremost banking mi ■
ests here.
t is. of
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Meanwhile, the Hawley energies are by no
mean- confined to the Chesapeake and Ohio en
terprise--for .Mr. Haw ley's entrance Into th
directory of the New York City traction situa
tion is likely forthwith to b* productive of large
results. Hawley and his associates have not.
ventured suddenly into Interborough. hey
have proceeded with quite their usual careful
ness; and th.> ; . are making th- Investment of
millions only after a series of expert inve»tiga :
tions. covering months. They wont Into Tofed**.
St. Louis and Western w hen that property
where had a friend; they went into Alton wrntil
:t was drsplsed utterly by everybody ;^an& -•'•
upon :.. similar baste of minimums and d;som^^
and discredits, they ally!^themselves withjta
terborough. Alton sold lower -than liH,-.N<r
ough common does now. So ,::,. roieao. mi
unless tlvrc be no virtue whatsoever in pre< *
dent we are likely to see in thi* latest acquisi
tion the same character of revolution which t:i
the ear!i-r undertakings has established eretM
and pyramided profits. Interborough ;jr-r--rr-.
has been heavily sold short by Stock fcxehans
traders who may any time be stampeded by «w
discovery tiiat Mr. Hawley in Intertx^ro t-.i is
not an ornamental director but a director •»>
works-th.- director who with E»resldeßt Shonto
how represents actual Interborough controL
Shonts ana Hawley in Interborough are tM
same Hawlev ana Sl^onts wh.. rejuvenated < w- -
cago and Alton Wall Street bears, by the »T.
are mistaken in postf-onlng the next AltTO divi
dend till At:K''.st. They will get notice officially
— and soon.
Now York and Southern banking Interests are
making progress in plans for the corporate con
centration of the cottonseed oil industry. Th*
dominance of the American Cotton « >H Company
will bt accentuated in what is propped, though
the l»sser outside producers will b<» als.< mucft
advantaged. Preliminary to eomprehenshr* c«"
solidatlon it is not Improbable that the Ameri
can Cotton Oil dividend « ill be materially to
creased—as warranted by the recent large «*"
pa'nsion of n»t earnings. The buoyancy in Cot
ton Oil stock this week is. Indeed, directly at
tributed to the coming dividend Increase.
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During the ensuing week will probablj
witnessed the market revivification of Mexican
railway Interests. Mexican Central c- rtinoates
and th>; new issues of the National Railway '" >t
Mexico will coincldently flscure. the former * a
course of exchange f«r the letter. M-xico s raiJ
uay situation has developed extraordinarily-
When- there was aforetime rivalry full of r-v- ,
enue sacrifices there is now established a unified
interest— a single propert> —and this propertj
an i'ctuul g.tverninent property. Trarßc rates
established «tay established; and thewa eswb-
UsheJ rates ari- established with a full - mle ;"
.staiidins of the right of corporation" tv ra
reasonable proflta
What, further; is consequential f.>r tu<- «^
lean railroads has to d.. with their safe Baaneau
status— their future is underwritten— provision
made In advance for thtir expansion itnd ,,. „"
termenl by available funds aggregating miMon*
of dollars per year for a series «>f years v* «>" 1 --
When Mr. Harriman recently .-aia so uti^i"'
vocably that the future was bright for Moxic^
railways he did not sj.eak upon ar.y basM «
ht -arsav — for the policy un<W which Mew* *
railroads are now operated was adopted vag*
Mr. Hanrlman's personal guidance. '"is
not t ii hitherto announced. The fact is w
portant. „.w
It may be that the extensive projects "^ a
Mr. Harriman himself Is planning and «!ev* up
ins in Mexico maj have close connection w''
th*- government's "system: but any such con
junction would mean a c»»-operution f*n« .**
\vho*«- surest results would make f*r th« U P^'
building the National Railway of M«WS»
And that this Is appreciated b> the \«*r> w« .'
most t>: Am.ricaii financial interests ts } n<i '~
cated significantly by the Investment att.tuJ
oj New York bankers ami capitalists hay»»
Intimate Harrtman relationships. '''>* " wn . ,t,.
lean railway sbare»j la virtnaHy to>*>pe»_a ■''V^l
account— to become .1 tartnei •» th ** > *?5 1^