Show PATCHING UP PEACE England and Russia Will Settle 1J Arbitration An Arrangement Consistent with the cc Honor of Both Nations Indignant Indians Over the Backdown ol Johnny Bull Hussia Asks for Time LONDON May 3Thc cabinet council on Saturday had under consideration the dispatch received from Sir Edward Thornton British Minister to Russia stating that M do Giers Russian Minister Minis-ter of Foreign Affairs asked for time in i which to discuss and interpret the agreement agree-ment of March 17th before deciding whether arbitration was required to settle the pending difficulties As a result of the cabinet discussion Earl Granville intimated in-timated his willingness to defer the laying lay-ing of the dispute before the third Power for settlement provided M De Giers admitted ad-mitted the principle of arbitration Further Fur-ther communication from Sir Edward Thornton was received at the Foreign Office to night It is reported that the English Minister stated in his dispatch that RUSSIA ACCEPTS THE PRINCIPLE OF ARBITRATION ARBI-TRATION A cabinet council has been summoned for tomorrow The Czarina whose influence is nearly absolute over the Czar is actively assisting assist-ing in peace negotiations Sunday editions of the London newspapers news-papers confirm the report of the secret treaty between England and Turkey according ac-cording to the terms of which England will be allowed to send menofwar through the Dardanelles AN HONEST EXPEDIENT The Gazette says it has reason to believe be-lieve an honest expedient has been found by which both sides can settle the RussoEnglish dispute A STARTLER FROM THE TIMES LONDON May 3lhc Times urges that the advance upon Herat by the Russians should constitute a distinct causus bell without further debate or discussion LONDON May aThe News government govern-ment organ in a leading editorial says The prospects for peace have been much cleared and arc more amply confirmed within the last fortyeight hours A Russian Rus-sian dispatch CONCILIATORY IN TONE AND SUHSTANCE Was sent to the government by telegraph after the Czar had conferred with his minister and a courier with the official written reply to Earl Granville is now on the way to London The News warns its readers however against the hasty conclusion con-clusion that peace is assured A BUOYANT STOCK MARKET LONDON May 41 p m Consols closed on Saturday at 96 opened this morning at 90 for both money and account ac-count and in a few minutes advanced to 74 and at this hour are quoted at 973 Russian securities of 1873 are 91 Stocks very firm Home and foreign securities buoyant 2 p mConsols 97 91G 3 p mConiols 97 WAR PREPARATIONS TO CEASE The government has sent orders to Dover to cease chartering ships of small pattern for transport service This is believed be-lieved to foreshadow the stoppage of all war preparations ANOTHER PHASE OF IT ST PETERSBURG May 4It is stated that the Imperial Ministry in council have decided finally upon the utmost limits of concession which Russia is willing to make England in the pending Afghan controversy The Czar is expected to start for Moscow Mos-cow tomorrow to celebrate the jubilee of the Russian nobility CALCUTTA May 4The public are dissatisfied dis-satisfied with Englands concession to Russia and fears are generally expressed now that the English attitude may have already endangered the safety of the party composing Lumsdens surveymg commIssion commis-sion Preparations for war on a large scale still continue in India BOTH AGREED LONDON May 4 In the House of Lords this afternoon Granville to inquiries in-quiries stated that England and Russia had agreed to renew negotiations in London Lon-don concerning the Afghan frontier question ques-tion and that a meeting of the delimitation delimi-tation commission had been arranged in detail His lordship said both England and Russia had agreed that the difficulties difficul-ties which had arisen from the Penjden incident should be submitted to U a full investigation and reference to friendly Granville said both would powers would facilitate the inquiry as much as possible The Penjdeh district will remain re-main neutral territory during the progress of negotiations The Russian govern continued Lord Granville have ment the to consider stated their readiness ntiacnrm of withdrawing their troops Shoud the decision of the Afghan Should boundary commission prove to be against I that arise regarding i differences may I them any tion of passages in garding the interpretation the dispatches of the two governments consistent manner would be dealt with in a sistent with TilE HONOR OF BOTH COUNTRIES Lord Granville To other interrogations had sanctioned said sanc-tioned the thc British reissue government of the Bo1pllOreEgyp the as to me ium without giving any France opinion having de S action I legality of the of the ofhce of thc the reopening manded I unishment of thc persons the > and 1 paper and act of seizure in the sons concerned England 111 caused legal inquiry suppression the matter and ascertaining to be made into quiry from this inquiry that thc suppression certaining BosplwreEgyptian was pression of the England without disclos unwarrAnted of responsibility for ing any of her share advised Egypt to apol the act of seizure and allow the BospltOle ogize to France Egyptian to reappear 4Gladstonc toted in May LONDON this afternoon the House of Commons passed had as yet communications that no regard to land in between Russia and Englani Island the occupation of Port Hamilton of Sir Stafford I In response to a question Gladstone said all impediments Northcote prosecution ments correspondcn in the way on of the friendly Afghan question of and Russia appeared to between England hc removed Thc two governments be ready to refer to the soy said are noW state thc difficulties friendly cultfes of some be found to exist m re culties which may gard to the agreement of the 16th of March with a view to THE SETTLEMENT OP THE MATTEU In a mode csnsistent with the honor of both sides Continuing Gladstone said both Russia and England are prepared to resume forthwith in London communications commu-nications on the main points of the line delimiting the Afghan frontier but details of the line have to be examined and traced on the spot in conformity with con ditions I formerly agreed upon Russia said the Premier has expressed herself willing to agree to the removal of Russian outposts |