The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-08-07
T n E w A r
coNrrNuEp FROM THIRD PAGE.

from every circumstance that can be relied upon a.
in anywlse indicative Of their feeling In the matter
the quiet way they take things has for Its cause their
supreme confidence In the final
VICTORY OF THE FRENCH.
"Prussla may be great country said one OF them
to our reporter yesterday; but Ia France Is great
nation also, and q French army was never known to
be whipped. To be sure, Frenchmen nave been ~
pulsed in small combats by overwhelming numbers;
but In grand campaign they fail TO come out
the vctors-never." 1t may be safely set down.
therefore, as an actual fact that the feeling IN
this city Is strictly confined to the German popua-
ton. There are no divisions now there used 10
be. Everybody who speaks German Is with Prussia,
and the feeling Tor the success OF the FaGherland IS
certainly Of intense patriotism. Although It
may be considered very striking sign of the times
10 see
WAR FEVER
takes such a hold on the masses Of the Germans In
this country, tnat fact certainly Americans
very little The Germans can express their sympa-
thies when and where they will and talk night and
day about that historic river which
Never shall be Frances,
So long ~ festive dances
Is oyergroups
The great question for Americans is how the war is
10 AFFECT this country, If at all, financially and CON-
merciAlly. With the intention OF obtaining the
views oil the German bankers on this subject, our
reporter made a tour through Wall street yesterday
afternoon and dropped in upon several of the Ger
man hnanciers to ascertain just what they thought
about the thing. The following conversation, which
took place between him and one OF the most promi-
nent Germans on the street. Will give pretty good
idea OF what they think about the results Of The war
REPoRIER-Haye you any idea that the Germans
VINO hod so MANY OF our bonds Will return them in
any great quantities to this country by OF the
war;
could be answered IN many ways. To tell you The
truth, cannot see for my part why they should.
kEPORTER--But it Is matter OF common comment
the street that the Frankfort bankers are sendlng
the bonds over by every steamer In immense guam
titles.
BANKER-That may be the common rumor but IL
rs only rumor, assure YOU There eau be no doubt
tnat there have been good many orders received
SELL our GOVERNMENTS:
Dut yon Know there are always people at all times
whenever there Is any extraordinary CONFUSION IN
the political world, VINO don't know exactly which
way TO turn, and who do many things, even against
their own interests, which they afterwards have
REPORrER-Do understand you to believe that II
would be an unwise thing for the Germans or the
French even, to sell out their United States bonds
nOwY
BANxER-That is just exactly what want You to
understand. 1t Is my opiuiOn that it would be
foolish thing on their part--yery foolish, indeed
REPoBfER-Might ask the reason why you holo
such 0ninlonY
e BANKER-Why, the reason is very pis:::... .A--
itEPoRTEe-That Is why would'like IL know what
II sr "
BANKER-Well, now, see you want to get at the
DotConl OIL the tning. Now VIII tell you frankly
that there are many men the street VINO viii dif.
Ter with ne materially They may be right and
may be wrong, SO you can split the difference. The
reason why believe that the United States bonds
VIII not be returned here to be sold in such auautl-
sgluI'' here is Just tnis:-You knosy very well thai
the Germans took the United States bonds when line
United States was IN the throes OF mighty
! STRUGGLE FOR IT'S EXISTENCE
rs u DatiOD. Neeu Ieil that there thou
sands abroad well as mere who had serious DOUBTS
OF the inal triumph OF the government, and who had
predicted defeat OF the as against the
South. well, the result we al know now. During
that terrible struggle the government issued It's
bonds, which It's own people eagerly took up and
the Germans bought largely OF them after
they had passed through firsG hands. indeed many
German bankers IN tins city had heavy orders to
buy largely directly from the government for Frank
fort and Other German accounts, Now, the reason
why do not apprehend that the United states bonds
Will come back TO any alarming extent is that II
seems absurd that people who are In state of
war themselves should willingly sell out the bonds
OF government which Is at peace with all the
world, and which bonds they purchased when that
very government was in rather shaky condition. |
Certainly II they had confidence enough In this !
country during Lhe TO invest their money Ill It's
bonds the lact OF being at war themselves would not
make them lose that confidence when me govern |
ment is at peace. The theory absurd.
REpoRTER-But suppOsing that the bonds should |
be sent over here in immense quantities to be sold,
what them
BANKER-on what ground do you base your n.y.
pothe-is2
his war and may want TO take up the loans OF their
own country
BANKER-Abl | see; you mean that they may sell
out the United states bonds tb ~ hold SIMPLY TO get
money wnerewith to invest in their own bonds.
Well n that happened to any extentth consequence
you'd be
RISE IN GOLD
here, for, you see, gold is the current money Q-N
there, and they'd have to get gold for the b0vSs
they'd SELL That would take much OF the gold hsfe,
you see. But assure you there is moth ng OF the
Kind 10 be feared. The United states bonds are
who would not willingly sell out their United States
bonds to exchange them for their own governments
at a much less rate OF interest They know the
value of dollar as well as most people. The men
who have plenty OF funds nj their command Will
VIII cling to their United States bonds TO the last
REPoRTER-Now, surprising france should be vic
tofloCs La the struggle, how do you think the result
would arect this country financially commercially,
NJ atallp
BANkER--But she can't be vlctoriousl
REPORTER-Well, suppoSing Prussia should be the
victorY
BANKER-Ahl that's another thing. why, the
commerce between this country and Germany VIII
be doubled, and the harmony between the two
countries will be made stronger than There
quite commerce between the German ports and
this country now, and sure as Prussia lays French
ampudence III the dust IL VIII expand.
RErORTER-If Prussia should not be vctOri0us9
BANKER-Iou are supposinQ lmp0sstbity
again. If such thing should happen / think 1t
would be bad for this country, for France would
place such restrictions on commerce that the inter-
course between this country and Europe would be
narrowed down considerably.
hEPOkTEk-1Ou give tHdL OpIniOn ds ~ GcrUJauf
BANKER-Well, both as business man and Ger
man; but will say that Congress has been very
foolish. l understand that there are many steam
ships and other vessels lying idle in this port which,
had Congress authorized them to register under the
American nag would have continued their trips all
the same. This country can make money out OF this
If 1t wants to and get back all its old shipping
interest," particularly II England is drawn into the
contest; but We must look 70 Congress for the OPP
portunity
Here tue conversation ended and reporter left
Wall street. convinced tlat matter how the
money out OF 1t.
The German Veterans.
meeting respectable numbers was held last
evening at Geib's Walhalla. MIR. Joseph Unger pro-
posed the name OF Mr.. Constantn wietscne, which
was adopted by reclamation. MI. wietsche re-
turned thanks and his remarks he referred to the
fact Ihat the DE. eut Mir LII Eurnne wonId result In