New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-09-20
..n,,mep, which viii make it much more than dead
MIR. pEPEW on EUROPES SITGATI0N
OBSERVATIONS on HIS RECENT TRIP.

he HAS Nff FLoAlED DoNb7.
The steamship Umbria yesterday brought
~ 70 M. many friends chauncey NJ. Depew. pres-
=, Of the New-York Central Railroad Com
80 President Sloan. OF the Delaware
1.r.w,una aud Western, was feAow-pas
.,,e- Mr.. sloan was taken M 10 the city IRON the
,-,,, hrh reached Fire Island on saturday AFTER
On ate saturday night by the steamer sam Sloan
Ds-,r OF friends having gone down the nay
- Greet him. J. Perpont Morgan was
r, vii, MS steam yacht Corsar in order TO get an
carly opportunity 20 talk wiki Cenirars CHIEF ABOUT
,cr. h,ancla developments. and afterhe had monopo-
,7.dh 70 for q long time near midnight the ooat Mat
,,,,,n bearing n. party consisting OF few personal
80. ana some Of the heaas of departments OF the
co.... lad chance 10 bring hearty welcome to Mr.
Irpew. . ,,..,-.s,, O..
-, his ratives his wife and boy going TO his Forty
ans. home. There Centrars president WAS fonnd Oh
I'm. -.,. ri last evening by TRIBUNE reporter Sur
,n,teI h, norA rrsnemhranees Ir. Depew. VINO looks
, "a. sell ns hearty. and claims TO be fully up TO DIS
1.. ~.raris good health. said:
ve. lad an excrueut time and have been benehi-
% nv , resi- To dispose Of business, there is no truth
,,vr 81, a- stories of the street about my nesouai-
abroad. or course. with so large financial
,e~e.t . g. Della abroad Ia y wYork Central and with
r, OF She officers o. the companies connected with
or related 20 he Vanderbilt system by agreement and
ofsor..i.t could no-. representative OF the New
MIX tet tral property. fan TO have some business
,-,r.,..io, but they were simply OF same charac
Ter As those which would have taken place had
Wa been al There are no bonds OF
me vanderbilt companies TO be issued ana none
n be placed. We doing very well
s.t,nrs ne now. Possibly should there be settle
men. the Lake shore ana the Nickel Plate by
which tac attcr's bondhoders snond agree to an e1
charge OF secur ties the would have bonds TO
rl-er hpi. the newspapers show the TWO companies
ar. irv lived in the meshes Of htiGaton
~.r,xIug 81 the financial situation abroad Mr.. DepeW
: There Is an extreme depression with respect TO
Isronesn securities regards American securities
t.sr. .s 800 almost complete restoration OF confidence
iii Gid, event OF war; such would be possible, inYolv
f,- tsc entire continent. there would be an
immense stoppage OF production and an immense
demand for supplies. The result could not ia 10 De
rar.ical 10 THIS country aud there would he such al
abortion u our securities that there would not De
caonh o. our real Investments 10 meet one
te.tl par o. the demand
Nr DrreW looked inIo the German railway sys
ios a~ a. experiment OF Government control cannot
sn Of financial results" lie remarked "but am salts
r tua ne voluntary system affords al incentive Oi Ia
t that the rument systrm tals 10 slVe' III Ter
many tnc railroads an immense machlhe All Tic
officials are military officials and all offences against
Il. ralroad.-an trivial violation OF regnatons-are
on-ue4- asainst the Government. The railroad system
there is Just the anonoposts say ours VIII De
beyond the coutro. the people II there Is any COM
rut o. freight di-crinD alton or OF any other chari
ter u cannot Dee brou-ht against corporation or De
rrniedie. 10y competton-t IS the Government that Is
The offender There ia motive such a. exists under
The voluntary system fOment ana foster
trade AMI traffic. The Government might make money
lv utr1inc ng many reforms and Improvements, but II
t. too busy look after tnem- private
corporation America side track here or MAKES
m ~xts on there temp 3rary Improbable to eneour-
aee the starting OF factory or tue building OF NH.
I'm Germany the Government would wait for the
factory or MIL first. whereas we
know that except for the laying OF
sIt. f.I fsnr NJ
Tor, or the mill wou.d spring up." Mr.. Depew
nstanrrd AZ showing the lack Of enterprise under
Governmental road system the fact that between
Munich and stuitsart-wnere tie traffic Is as i'm
.ortspt a. between New York ana BafalO-
morning a rate OF Twenty-Five miles An hour tn
hours To- 20 ninety M es from Munich to Um No Effort
j. made would be- Tho here. to run p cIl train
49, 49, 49, me nnon bour ana MI Depew graphically
I4ien baden due a. 9traspur- at ll43 o'clock, out
wn.cn lost twelve minutes the way throuEn a ate
connection aud reached the city lust one minute TOO late
'' Tbre has been great change FOR the the
Industrial condition OF ET'p' sure was mere Iour
~ the OF araus Is dcwnwlrd while the tendency
necessities u MO for tae worHi9sip'a n uo'
err threats and lie occasional lois that occur are
aarnn The and the small property holders alike
a,,u -m-tue people willing to surrender rart Of
les for lie SAKE 81 roection rom s.long
government IEr whole police and espionage system
~ te Continental Government. including France are
un-I ur TIE suppression oil socialists ana AnhrcM Is
AMI TIE result is these people are BEN: driven III
large numbers this country. They are now forming
di.prOp ortiOnate rart our Immigration The poIua.
non OF o Continental nations II last increasing, WITHOUT
any outlet m sight that affords sufficient Inducements
10 ,-es r--r Ia the Ire,IDn OF I'M niSratOn Tor the
lahnr troubles IN heeu grossly eXaegcrteu
by European press aud through that inhuencr mere
resembling oil colonization splrlJ when
l,oaeI hopefully TO United States an satisfied
from what ] saw heard OF tue -Ocaiist agitation
ami IT. influence creating tendency Ow'rl ansOIut
ism at the cause ib-rty and democracy Ia Europe
has received greatest setback 1t has experienced III
twenty-five years. 49,, -.
There nas been a great impetus 10 the milt ry spirit
IN Germ nv since Fl lncO Prussian encouraged
by tue tear revenge OF France on the one uahu
ana the fear fuhlmeut Of Nap"eO = prophecy
fh.f i rope would eventually be either Republican or
Cn.s.ck aud to-day COssack holds tue most dan-
cerous power w-ltei Beneath the rear 81 ;he
social revolution on the Ole hlnd and the military
needs To provide defence against the Cnssack, tue In
dnstries Of Central Europe depressed and fCL o.
alarm u a terrible degree