, 1884-05-30
HOME AGAIN.
Hon. A. H. Swan Returns From
His European Trip.
His Opinion of the Late Finan-
cial FURRY.
How Cattle Investments Are
Looked Upon In England.

Hon. A. II. Swan returned to Chey-
enne yesterday after an absence of over
FIVE months in England and Scotland,
whittier he went to attend the meeting of
the Swan Land & Cattle company, which
is composed in part of English and Scotch
capitalists. His family, except those who
preceded him, have stopped for a weeks
visit in Iowa and will not arrive home for
some days yet. A LEADER reporter
called on Mr.. Swan last evening for the
purpose of learning something of interest
regarding matters in the old country, and
found that gentleman looking over his
mail. Something was incidentally said
about the Blaine delegates who passed
through in the morning and Mr.. Swan
stated that he had passed them down at
Sidney, where they were making speeches
and having a good time generally. He
suggested that it looked very much to
him as though
BLAINE WAS LOSING GROUND,
and expressed himself to the effect that
the country wants a safe man at the pres
ent time, and said that he believed the
business men in New York were pretty
much all in favor of Arthur.
Just at this point Judge Jones
came into the Office when Mr..
Swan remarked to him hat the first
thing he saw after he got home was that
Judge Jones had been quoted in THE
LEADER as saying that if the rain con
tinued we shall have a good corn crop
next fall. We'll, l tell you what it is,
you had better get rid of your cattle and
go to farming, for we have rain enough
now to turn this into an agricultural
country" " said the Judge. After Judge
Jones had taken his departure the subject
of the state of the public mind in England
as regards the condition of financial affairs
in this country was mentioned. Mr..
Swan stated that there was a great de-
gree of confidence existing there in regard
to the soundness and
STABILITY OF FINANCIAL MATTERS
in this country, although the late crisis in
Wall street had, of course, some effect
there. 1t was not generally understood,
he thought, what had caused this panic,
but it was plain enough to be seen. you
may have noticed, said Mr.. Swan, that
for some time there has been a large out
flow of gold from this country to Europe.
Well, people have naturally supposed that
it was to pay for something which we
shall get back in return, but such is not
the case. This gold was paid to English
capitalists who hold American railroad
stock who have been throwing them
over here to be placed in the market and
sold, and this gold has been paid to them
for these securities and shipped to Eng
land, so that instead of being sent over
there for something
WHICH WE GET IN RETURN
it has gone there simply as payment to
foreign capitalists of that which belongs
to them, and as a matter of course moth
ing has come back to us"
But" said he, those people over there
stopped or rather checked the panic.
Just as soon as they saw what the result
was they cabled their agents in Wall
street to buy up this same class of secur-
tiles, and that the gold would be re
shipped in payment for them. They have
done this and have re..shipped the gold,
and | tell you they done a good thing for
us by taking this course.
THE HAVE BOUGHT UP MILLIONS
and millions of our securities of course it
was a good thing for them, they have
made by it, but it has been beneficial to
us"
In regard to confidence in American
cattle investments, he stated that all of
the companies over there that have CAPT
tai invested in this territory or elsewhere
in the Far West are full of confidence,
feel perfectly safe and are willing to fur
ther invest. This feeling, he said, was
not confined exclusively to the company
which he represents but to other com
panies as well, and SO far as that matter
is concerned
HE WAS ELL ASSURED
that a very good state of feeling exists
with all those whom he met while in
England and Scotland.
Some conversation ensued in regard to
cattle diseases, and he stated that they
borrowed but little trouble about the mat
ter over there, Mr.. Swan did not visit
the continent at all during his absence but
confined his travels and journeyings en-
tirely to the British Isles, although his
family paid the continent a visit. Mr..
Swan is in excellent health, has enjoyed
the trip very much and does not expect to
have to make another trip across the
ocean for some time to come.
Mrs. Langtry.