NEWS OF THE WEEK.
ANEW crisis, and a dangerous one, is full upon us. On Thurs- day afternoon, the Chancellor of the Exchequer, amid cheers from the Conservative benches, informed the House of Commons that on Monday next he should move "a supplementary estimate for the Naval and Military Services," and the wildest rumours were immediately afloat. The Fleet had already been ordered to 'Gallipoli. The Fleet would immediately be sent into the Bosphorus. Russia had demanded the surrender of Constanti- nople. Russia was about to bar the Dardanelles. Lord Beacons- 'field in the Lords refused to tell the Duke of Argyll anything, except that he thought Russia too tardy in stating her terms of peace—a reticence which seemed to offend his amour propre —and on Friday morning the excitement was increased by the statements that Lord Carnarvon and • Lord Derby had resigned. The precise truth as to these resignations can- 'not be known until her Majesty's pleasure has been signified, but no serious doubt is entertained of their having occurred, and it is felt that such a secession signifies a grave change in the policy IA the Government, tending to war. It is possible that explana- tions will not be given till Monday, and in any case they could not reach us in time for this issue. The Daily News states that the Fleet has been ordered to Gallipoli, and though this is denied, the general belief is that some step has been taken requiring the immediate sanction of Parliament.