The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-02-17


~ IN, Busincss Oaslook OF the Country
"a A.. Law Gould will start on his tour
S,',d tLe world the middle OF the coming
- ",,nmer. and will remain away TWO years.
H. vas seated in his Office, at NO. ~ Broad
-, Yesterday afternoon, when iniofna-
;on was sought as TO the details OF us
~. ominr trip. He received MS caller plea
; onilv. and when asked about MS pans ne
iu, w, somewhat thoughtiully, "This is
p,' -, uncertain world that II Is rather
. lSh az 80 make calculations IN advance"
.sun,c Won decided upon any definite
- no for your departurey"
80, =, ~ nv Yacht is finished in June, shall
..oi'ably leave within month af,erward.
A., ;ntcntion is TO spend next winter IN the
Mediterranean. - -, o,,,,o,.
;otcrcst TO YOU. Mr.. Gould {"
Ycs many. want 10 see the Medi-
,.rranean. Italy, Greece, Egypt, India, and
N ,hc countries Of ancient civilization"
.sIJaye YOU any other places in view in
uiTicuhr!"
eyes. China and Japan. think shall
to Australia. too. | have been through
England and Scotland"
@Wherc shall YOU spend your second
That is the time shall visit India. II
:. TOO bot i'm the summer. There Is
orcat deal 10 be seen in India, including
,bc remains Of It's civilization. There are
two ulaccs not down on my list"
:. one" said Mr.. Gould very seriously,
0is fhe interior OF Africa and the other is
the North pole. 1 have concluded 10 ac-
cent Stanley's observations on Africa, and
can lind enough to satisfy me about the
North pole in the books that have been
written on IL.
You seem to take deep interest in an
tiquitleS, Mr.. Gould"
II do; great interest" There was
i merry twinkle in Mr.. GOuld's eye as he
added: 81 expect TO see great many
countries where the people are not perse-
cuted with railroads and teegraph-lines,
and are supremacy happy"
by what methods shall you travel in
landg"
.VWben | am in the lands OF the an
clients" continued Mr.. Gould, seriously,
~ shall do rs the ancicnts did. / shall
use dromedaries and elephants in their ma
five countries. expect TO travel through
India with a pair Of big ELEPHANTS
.Ilayc You any plan TO bring away with
Won curiosity i'm the shape OF a white ele-
nhantyr venlured Mr.. GOuld's caller.
Il might. perhaps, personify one my
self" said Mr.. Gould with a smile.
..Whai will be the size and speed OF
your yacht: y
specd from sixteen 10 eighteen knots an
hour | do not know what it will cost. II
i like furnishing a house-you never
know what the expense will be. The
Yacht will take about twenty beside the
crew. Who the company will include has
moi been determined. My entire family
will 90"
"What effect do you suppose your leay-
ing will have on the market: A panic and
all sorts OF things are predicted"
''Not the slightest effect replied Mr..
!. Gould. quickly. II have not been an ac-
tive operator i'm stocks for two years. |
y am interested i'm certain corporations, and
am content with those. j do not propose
10 think Of business while l am away. !
have put things in snug shape, so that
they Will run along smoothly until my re-
turn"
ais it i'll health Mr.. Gould, that induces
YOU 10 go away"
"Oh, no; my health is good"
"Have YOU any idea of retiring perma-
nently from Wall street,"
IL am going 10 try a little play. | did
moi have an opportunity when ! was
Young. and must do my playing later in
life. II like il i may keep il mp. / am
like the ScOtchman who came TO this coun-
try. He was asked where he was going,
and he said to Vermont. The inquiry was
made as 10 what he was going to do there,
and he replied: Il am going TO make
maple-sugar this spring, and il | find it
profitable | am going TO follow il up the
wear round have always been thinking
about retiring from active business life,
hui have never been able to do it,"
And the reason you are TO have craft
OF your own, ! suppose, is because you
think that will be the pleasantest way OF
making the tour?"
"Well with my own Yacht | can go Will
Their please and as please. For instance,
il want 10 stop at Cyprus to dig for anti
Quities can stay there a year If IL takes
that length OF time TO unearth something"
you are about TO take a trip TO the
Southwest, are YOU not?"
"Ycs, bat am called as a witness in the
Elevated railway suits, and / cannot tell
when shall start. | may 90 as far west
rs California. II will be one OF my regular
business trips, which generally takes about
amonth. ] have no projects or plans in con-
neciion with the trip. like TO 90 out once
or twice year and see the towns spring
ing up. They grow faster than they do III
the long-settled regions. Six months often
make great changes. l am very well
pleased with the Southwestern system. 1t
has gone ahead OF my expectations in the
development OF the country and the 1inan-
cial results that come from it. | do not
think there is a railroad in the country that
will make a. fine a showing in earnings as
the Missouri Pacific for the past year"
How do you regard the market! Z"
"The outlook is good so far as the bust
ness OF the country is concerned. The eX-
ports are larger than the imports, and the
balance Of trade is running largely i'm our
favor, and likely TO increase during the
coming summer. The changes in the tariff
and the effect on the commercial and manu-
featuring interests are unsettling. The ac-
ton OF the State Legislature adds some
thing TO this feeling, but il is only ripple.
The country will so on and keep grow
ing"
"Do you fear disasterf"
"NO, do not. The country is too rich.
do not think there will be enough secu-
rites made in the next twelve months TO
supply the regular home demand. There
are now less OF the diyidend-p paying stocks
IN Wall street than have ever known be-
fore. The securities are held for invest
lnent. The Government has been calling
IN It's bonds, aud that money has gone into
dWidend-paying stocks and bonds"
" How do you look upon American Sc
curities?"
" regard them as'the best we have"