New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-05-06
MIR. Vanderbilt SAILS FOR EUROPE.
WHAT HE SAYS ABOUT his RETIREMENT AND
ABOUT TRYING THE YOUNG MEN.

WHAT HE SAYS ABOUT MS RETIREMENT AND
ABOUT TRYING THE YOUNG MEN.
William ii, Vanderbilt sailed for Europe on the
White Star steamship Britannia yesterday after
noon. He has crossed the Atlantic the same ship
several times, and, as he stood yesterday at
the door of tho captains cabin, he seemed per-
fcctly at home Members of his family crowded
around him, while officers of the railroads whose
control he has abdcated struggled to bid him fare
well. His wife, who is not able to endure the crush
always preceding the sailing of popular ship, was
not present. nearly all the other members OF his
family on both sides were there. His sons and hls
daughters with their husbands showed honor to
him. His youngest son, who accompanies hun on
his trip stood near him. His uncle Jacob ii. van
derbt, his only other companion, dld not appear on
the upper deck. ~
going to Europe for a few weeks but don't Want
you 70 say that am gong for my health. lshall
return on the same slip and then, with other HeIn-
bcrs of my family shall make second trip, IRON
which shall return some time in September NO,
there is nothing remarkable about this have de-
cded simply that instead of spending the summer
At Saratoga | will be on the water or IN Europe:
have an idea that the ocean trip IS good Tor me-
Permit me to inquire about your retirement
from the control of your railroads." the reporter
"Oh, that doesn't amount to, great
deal. wanted to see how the
young men would get along without me. nave
the roads for long time, as you very well Know
1t is better that these young men should be trle De
fore go for good The promotions, III my opinion.
are excellent ones and most deserved. nave no
doubt that the railroads will be managed better
than they have been by mo. l certainly do not rc-
gret the step have taken" ,
But they say that yOn have sold your stock,
some of the people down town say that' hr'
Vanderbilt replied, but they don't know anything
about it, | am not selling stocks. and the roaGS
of which | have recently been president VIII
not suffer from the lack of my support shall pre-
serve my interest in them"
In reply to an inquiry whether he would buy any
paintings during his absence abroad, MIR. Vander-
bilt said IL do expect 10 do bought one OF
the Salon pictures by telegraph a day or two ago
and understand that the purchases OF all Ameri-
can buyers will be allowed TO be removed OcIOlo
the close of the Salon because OF the duty Whlch
will be imposed on July l. There IS no excuse Tor
this tax In my opinion for IL certainly does not pro-
tec any American industry There is no real conPe-
titiOn between European and American attlsts. me
duty winch il is proposed TO lay on foreign paint
ings il unreasonable and unjust 1t Will not neip
American artists bit. hope II will never DC en-
forced" ..,
The public announcement of Mr. Vanderbllts re-
tirement from the presldcncies OF the railroads
under his control caused little excitement I'D van
Street Yesterday. The prices of the NanderOilt
stocks were lower but the dealings, except at Inc
Openlng were not active.