New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-06-17
100 Doses One Dollar
MR.. GOULD AT LEXINGTON.
HIS HEALTH GREATLY IMPROVED BY THE
TRIP
OPPOSED TO RAISING THE FARE ON THE
ELEVATED IoADS-FAvORABLY IMPRESSED
BY MUCH THAT HE SAW-NoT
MANAGING, HIS PROPERTIES

Law Gould returned from q three weeks trip to
the Southwest on Friday evening and went imme-
dately to his country house at Iryington, to winch
his family had removed for the summer on Tues
day. lie reached New-York considerably sooner
than he had expected when he left Luray, Va, in
the morning, and his arrival at lrvington was
nearly surprise.
Mr. Goulds visit to the Southwest was for the
purpose of inspecting some of the railroads IN MS
CONTROL particularly the new lines OF the MISSOURI
Pacific to Pueblo and the Iron Mountain TO Mem
phis 1t would have excited no special interest,"
if rumors of his serious illness had not been
started week after he left the city Ordinary
incidents of these inspection trips magniied
until Wall Street was convinced that his SICKNESS
was alarming The rumor-mongers would not
have been pleased if they had seen him at his
country home yesterday Although he was some
what wearied by his hard work of the previous
day, his appearance and manner proved that his
health had been benefited by the excursion. Sit
ting on the piazza, which commands view OF the
Hudson for forty miles, he talked cheerfuy about
business prospects at the West and railroad affairs
generally, and afterward walking about the
grounds he stepped brskly with an elasticity which
showed at least that he was not an invalid
ARRIVING SOONER THAN EXPECTED.
81 reached New York at 80 Friday evening""
he remarked when TRIBUNE reporter greeted
him, several hours before I had expected
was out of bed at o'clock IN
the morning and after breakfast visited
the Luray Caves. Then had to look at
a handsome hotel they have there, and it was
OILS before my train left the place. When
reached New-York / had travelled 400
miles. That was very good time, al
though it happened that my train was
made special all the way. At Harrisburg had
expected that my car would be attached to the
Chicago Limited but before we reached there we
learned that the train was an hour and half
late. The Pennsylvania Railroad people were
unwilling that l should suffer from the delay and
kindly offered to take me through to New-York
The distance, which is 1o2 miles, 1 think, was
made in a little over four hours. There was only
one stop-at Philadelphia. The early arrival az
New-Yorlx enabled me to get here, very much 70
my qualification" ~, co,,5 .ddod.
1T was hard days work and 1 certainly could
not have done it when 1 went away. was quite
weak then, but my trip has done me great deal
of good. / came home by way of East Tennessee
from Memphis, to which place we have recently
opened our new line had never been in that
part of the country and was glad TO see H.
visited Chattanooga and went up Lookout Noun
tain. where Hooker had famous battle. There
is n railroad up the mountain similar TO that Oh
Mount Washington, and they are building another
which will ascend more gradually, wlndlng UP
tbc maintain by the natural variations or the
surface I also spent some time at hnoXVllle,
and then went to Virginia. was greatly pleased
with what I saw in that country, and with the
evident spirit and enterprise Of the people. Ihey
are industrious and thrifty, settlers from the Easo
and North having imbued the whole territory WIN
their spirit.
PRAISE FOR THE EAST TENNESSEE ROAD
The East Tennessee must be in the hands OF
good railroad men. 1t was like riding on noor'
and mart of the way we travelled at the rate
Of n mile O minute. We made one stretch OF
forty-two miles in forty-four minutes wlChout
deductng the time of one stop. IL Is eoou
road in excellent condition.
1T was suggested in your absence that you
were irving to secure interest i'll it,
Mr. Gould smiled, but without intimating that
no desired an Eastern outlet for his Southwestern
system, simply said: /" l was much pleased with
the physical condition of the road which L passed
over. it has been blue year for the railroads
in the West, but | am inclined to think that the
ehb has passed. The loss OF crops was the
cause, and good crops will remedy IT, All
through Kansas and Missouri things are looking
well. They were cutting wheat when passeu
through Southern Kansas, and good harvest -
assured A larger area OF corn has been piianieeo
and the small grains are IN excenenU cditiops
In Missouri and Arkansas the same co ndlti;ons
prevail and the people are hopeful and proSperlng
bnr new line to Pueblo, which was
anxious to see PSS Tnrsc erOa az the evident
fertility of the belt. The cattle are sleek anu
fat and never saw so large herds Ia oe 1p ey
of thirty miles we passed more Sae are waiting to
pected TO see on the whole liAe' ihey "i' "o
he brou ght to market"
ON A LESS PLEASANT THEME
In regard to the reduction Of the dlVluehu Oh
Missouri Pacific stock Mr.. Gould said Sharply l
approved that action. / have large interests III
the companies / CONTROL. and in hard times 40
not like them to be running into dep@ "ou'u
rather take smaller dividends on my sVoo> anu
keen everything snug. When times improve IL
is easy enough to raise the DIVIDENDS IL hisnO
be different if the properties were being run III
the interest of Wall Street The reduction III tue
Manhattan dividend was wise ana conserva'i I'VE:
There was some talk about raising inc iires, pu.
that, in my opinion, was lmpossiole. ho any rao.'
| prefer Il smaller dividend TO making Cne ae
Yet you opposed the lowering OF the iares, l
believe" the reporter interposed. Ihoug4C oie
reduction TO five cents was premature ana salu
distinctly that fares could never be raised No;
we must bcp TO develop the city, as we are dong,
and gain prosperity through its growth The
building in the upper part OF te Gi' mas eSu Oh
change our policy we should %, only drive building
to Brooklyn or New-JerSey. we shouid certainty
gain nothing by that COURSE A. o..,,;.-. Co.,
In reply to the suggestion that the earnings Tor
the exceptionally large and tSst the he
oonsdered n part OF the construction cost and
therefore be included in the capitalization, Mr..
Gould said:
NOT RUN TO BENEFIT WALL STREET
perhaps but do not want the company to
RIM into debit and the issuing Of bonds may be
left to other railroads 1t has been rather fash
ionable lately But / am not running the Man.
haitian for the benefit Of Wall Street I have the
greatest confidence in the property, and do not
see why. on per cont basis, it should not sell as
A, er.t A little. hacking cough.