New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-03-28
RETURN or JAY GOULD.
BENEFITED BY HIS TRIP-A CHAT on STOCKS,
POLITICS AND RAILROADS


POLITICS AND RAILROADS.
Jaw Gould returned TO New-York yesterday
after an absence OF four weeks which he has spent
Yachting In Southern waters The Aallna came up the
harbor early in the morning and Mr Gould reached
home by o'clock. He attended special
meeting Of the Executive Committee OF the western
Union Telegraph Company called to take action on tho
death OF Augustus sohel but Immediately returned to
his home TRIBUNE reporter called on him last even
,ng Mr. Goulds face plainly shows that his vacation
has been of great benefit his health He said that he
was greatly improved remarkng incidentally that he had
gained six pounds in weight.
Refcrrpg to the squeeze in Lackawanna STOCK, which
occurred the second day after he left the city Mr. Gould
said 81 am not In favor OF these violent advances
bocause nv experience taught that they do more
harm than good. The bears suffer by them
Of course, but in dealing with the bears thinK'
the better way would be to convert them
by slow and steady advances Then they would naturally
turn to the right side OF the market
mo | did not visit any part OF Cuba
except Havana. went to some sugar plan
tatons about fifteen miles from the city to witness
the process OF making sugar Affairs in Cuba are In a
very depressed condition. industrisy and financially.
The price OF sugar has declined to point
where II does not pay the cost Of manufacture,
and the planters see ruin staring them in the face.
turned 10 this country with great satisfaction am con-
tent to live The South shows signs OF great pros
perty although it somewhat from the short cotton
crop last year. 1t making great preparations for the
coming season. / met In my trip great
many peopls not only sOutherners, but persons
from the North who visiting the South There Is
certainly a general revival Of confidence among al
classes This will DO increased by April showers ana the
ri DO not think that the political agitation
wifi prevent an advance in stocks The Demo
Gratis VIII break the tariff question, and
think the election is virtually decided now
The Democrats will divided and the Republicans per
am sorTy 20 learn Of the serious differences between
the trunk line railroads had supposed that they hsd
been settled 1T the last meeting before went away Inc
railroads promised then 10 abide by their agree
ments The present trunk Line pool IS rope OF
sand and some plan viii have 70 De
adonted The clearing house system might be the best.
nroVided the settle eHts made frequently enough
II tey could he made every day and the railroads be
compelled to pay In any excess over their agreed
percentages the cutting OF rates would soon be Stopped
Now the railroads agree TO maintain pool rates aLd as
soon a. the meeting over they begin TO cheat each other
m vas great uistake-the building OF the West ehore
road There real necessity for and has proved
10 be a disturbing element Some OF my friends had 70
lake almost by the nape Of the neck 20 keep them from
going into IT, The company will have TO nave new D9ou
M before will emerge from ts dhculues Inc suneI
ing was sharp and recent TO enable the present
gers to retain control OF IT, But there never was any
real necessity for It,"