The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-04-24
GOuID KS

hHlCAGO, April -O.-Durlng Inc Snort
stop of the Gould party in this city yester-
day Mr. Gould, in the course of an inter
view, said:
My whole trip in the south, southwest
Missouri, Colorado and Texas has been the
pleasantest of my life. At no time in my
experience has the wheat crop been 50
promising. My last orders to Mr.. Clark
on leaving Omaha were to have every car
and engine on the Missouri and Union
Pacific in perfect order before August, as
after that time both roads will have more
traffic than they can handle. To my mind
our financial condition is better than that
of any country in the world. The exports
of gold are only natural at this season of
the year. The gold furnishes great relief
to Europe, but later on it will come back
to buy our securities at largely increased
prices. The stock market is "A good ther-
mometer of the state of the country. The
legislation which for time threatened
railroad interests has not become law, and
as the legislatures will not meet again for
two years there Is guarantee ofpeace and
prosperity. The worst OF the Argentine
panic is over, and altogether the financial
and railroad prospects are much brighter
than usual
The Interstate Commerce commission
has dope much good and considerable evil
The worst evil is where the commissioners
undertake to make rates and control the
roads. The subject is too vast for any but
a trained body OF railroad men. The long
and short haul clause is one of the OBJ
Jectionable features of the act. Another
is that IL Is perhaps unoonsoiously worded
to favor the strong lines. There should be
compulsory provision that each road
should get its fair share of the business
as In England. This can be- accomplished
IL the commission says so. The Western
Traffic association can do it. am heartily
In favor Of this association and am doin z
all in my power to help IL The agreement
is strong enough to enforce an equitable
division OF traffic if the commissioners
report "a feasible plan TO the New York
meeting on May D. The association can
legally secure this division at the start
Then X the commissioners are given COM
piete control Of outside agencies the era Of
cut-rates In the west will be near an end
nave not gone into particulars in re-
gard TO charges of rate-Gutting against the
Missouri Pacific. As member of the. ad-
visory board must help settle the uues-
tlon at the New York meeting. As nm
derstand it, the Missouri Pacific sjmply
met outside competition, and did it legal
ly. There is not the slightest friction be-
tween the Vanderbilt interests and mine.
The charge that the Union Pacific is di-
vertiDg freight TO the Missouri Pacific is
untrue. The Union Pacific y ort hwesteru
traffic contract is in full force and cannot
be terminated except by mutual agree
ment. The Union Pacific plan for refund
ing its debt is nearly complete. In brief
1t gives the government a lien on 5000
miles Of road instead Of 1,400 and in ex-
change lengthens the time Of payment and
reduces the interest to 2Is per cent.
The stories in regard TO my controlling
the Atchison or Rock Island are moon
shine l am only moderate sJockholder
IN either and do not expect TO Increase my
holdings do not care to express an
opinion in regard 10 the Aiton-boycott
President Harrison's administration
has been good one. There is always a
strong sentiment against change and the
probability is there will be none if the
country escapes financial trouble until the
next election. Mr.. Cleveland gave us
very conservative aud sound administra-
tion ana made good record Mr. Blaine
has great following. buJ as he has been
offered and declined the nomination. l as
sumo he does not care To assume the re-
sponsibilities Of the presidency"