CABLE NEWS

Taranaki Daily News, Volume XXXXV, Issue 213, 5 October 1903, Page 3

CABLE NEWS

FISCAL RtFOßrfl.

B HiMTBIO TELEGRAPH—OOPXBIP^T,

MR BALB OCR'S SPEEOH PBBSB COMMENTS. f IHk limit of OAKiDUsr PKEFKRENOii. PBE PBlfißS ASSOCIATION. ( o' DONj Oocob't 2 The Daily Telegraph says Mr Balfour's speech will stand aa an epochmarking t p-aode in Imperialism. Ojbdenism was thrown to the wind".

The St. James's Gazette saya Mr Balfour's policy is not inspiring, He had better have grasped tha nettle boldly. Fiscal retaliation would be absurd without Imperial preferential trade. His implied threat that he would resign if the pirty went beyond his lead muzzled the Sheffield Conference.

Mr Chaplin withdrew his ridi.r, and Sir John Dorington's motion was carried unanimously. The chairman's urgent appeals alone averted an immediate vote, the discussion apparently favouring tbe ri<?er. Mr Joseph Walton, L'beral member fw Barcsley, has returned from Montreal, where be attended the Imperial Chambers of Commerce Conference. He declares that it is highly improbable that th» Canadians will further roduce du'ies in favour of Great, Britain. He regards Mr Chamberlain's p oposals as entirely impracticable. Lord Hugh Cecil declares that if the Conservates go Protectionist, he will abandon such ar npo-tate party. The Daily Mail declares that Mr Chamberlain intends to use the revenue derived from the taxation of foreign manufactures for the purpose of readjusting focd taxation in the interests of the colonies, while diminishing the cost of food to British consumers.

ME OHIPLIN'S EXPLANATION. London, October 3. Mr Chaplin, in withdrawing his rider, said that Sir Balfour at the overflow meeting had atatsd he had been asked to give the party a lead and gave it, adding that it was open to those dissenting to signify their dissent plainly and unmistakeably, and he would make his bow and do his best unofficially to Serve his party. Nothing, said Mr Ohaplin, would be farther from his views than to appear to take up the challenge from the Premier. He would deeply regret to sea Mr Balfour making his bow, and no one was more willing to share in that regret than Mr Chamberlain. A SENSIBLE VIEW. Received 5, 0.5 a.m. London, October 4. The Times, comutentiug on the disappointment and discontent at Mr Balfour's speech, says it would ba wise, instead of grumbling tint all is not achieved at a single stroke, to consider what has been gained. Mr B.lfour had' not gone the whole length of Mr OhamHerliin's scheme, but hid gone a long wiy and taken his supporters with him, thus doing the veiy b?st thing for Mr OhamLuiUin who would not wish him to act otherwise. j