THE KING'S INFLUENCE.

Press, Volume LXI, Issue 12027, 31 October 1904, Page 7

THE KING'S INFLUENCE.

RECEPTION OF THE SETTLEMENT. ALMOST UNANIMOUS APPROVAL. (Received October 30th, 9.22 &.m.) LONDON, October 29. ~ Consols which were at 87$ on Thursday, now stand at 87J. . The agreement with Russia, pending a final settlement, has given lively eatiefaction in Hull. The New' York and Paris correspon- | denta of the "Standard" show that the credit for the solution of the difficulty is attributed largely to King Edward's infiuenco ,and hie firmness and tact in I placing tho arbitrament of law above that of arms, conscious of the justice of his cause. ' . . .'■....•■] German. opinion eulogises Britain's moderation and calm confidence. The "Standard," nevertheless, declares

CABLE NEWS.

that the compromise is profoundly disappointing, and protests vehemently against the justly aggrieved party and the aggressor going before an international and mainly foreign tribunal on- a footing of equality. Punishment. of the guilty in any case will be doubtful and flow. The Czar ha» given instructions to prevent similar catastrophe*, but incompetent navigators are not controllable at a. distance of thousande of miles. f • \ !The Time*" cays that Mr Balfour's announcement will be received throughout the whole Empire and civilised world with feeling* of deep relief and earnest approval. * The "Daily News" and "Daily Telegraph" are equally congratulatory in. their comment*. ' The "Morning Post" says that the natural conclusion of Mr Balfour's promisee was action, but Britain is now debarred from all actionary measures..