At first sight the recent visit. of the German Emperor to the Russian. Court, followed by the enthusiastic reception given to the French President at St. Petersburg on his return visit to the Tsar and Tsaritsa, seemed to give colour to the suggestion that a now triple alliance was in formation, having for its basis the prac-system. The approximation of the Rustical isolation of England in the European
sian and French peoples is an undoubted fact it is not clear that the Russians and Gernians can ever love each other. If the Emperor William imagines that he can damage Great Britain by a coalition which may diminish her commercial supremacy, he is likely to prepare for himself a bitter disappointment. Napoleon the Great tried that game and failed miserably, and the Kaiser of the present day can never hope to wield the forces of his empire, considering its internal political dissensions, with same the solidarity with which Napoleon used France. England's commercial decline can only come about when her customers of all nations lose their confidence in her fair dealing, enterprise, and superiority of manufacture, and if she remains strong in these qualities she need not trouble about the jugglings of diplomacy. Lord Salisbury, who is patiently weaving together the tangled skein of the Eastern Question, is not likely to be diverted from his purpose" by the impel freaks of the inexperienced German Emperor. It would be a complete foil to William Li's harsh dealing with Greece in the interests of German bondholders if, as it is suggested, Lord Salisbury should succeed in his counter stroke and. persuade Russia and France to join England in guaranteeing the debt of reece 80 as to free 'Thessaly from' the grip of the Turks after their reconquest of that part of Greece's dominions given her by Europe in the Berlin Treaty.
Text read from the printed page and cleaned; old type leaves the occasional error.