New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-24
ANDREW CARNEGIE'S VIEWS.
HE DEPRECATES ANY FURTHER TARIFF
OR CURRENCY TINKERING.
THE COUNTRY NOT IN ANY CONDITION FOR ANY
FI'RTHER EXPERIMENTING BY TIE fRESl-
DENT OR CONGRESS-

FURTHER EXPERIMENTING BY THE fRt>i-
DENT OR CONGRESS-
Pl,tsburg. Nov. s-The United Press tonight Sc
cured from Andrew Carnegie the millionaire IRON
king the interview which he promised to give to the
public before he left Plttsburg Mr.. Carnegie SAID
he In very good health. and while he could not
attribute his health To his visit to Egypt he said IL
had done him great deal Of good. but the mai IN
MIGRATING air OF the Highlands at Cluny Caste,
Scotland. did the balance to make him well ana
hearty man. Mr.. Carnegie extolled the merits OF
Pittsburg as a representative city OF the United
States and said she stood in comparison with any
other. With ship canal, he said. he was satlshed
Pittsburg would always hold her rank as one oi
the greatest manufacturing cities in the world He
hoped that the canal to Lake Erie would In the
near future be- an outlet and Inlet to one OF the
greatest OF manufacturing centres.
Mr.. Carnegie then asked for his opinion on
the business outlook After short pause he said:
This is not. in my opinion. the time wheh any
valuable forecast can be made. IL is reported We
are TO have a sensational Presidential message look
ing to a change I'm our currency system. No matter
whether the scheme would be better than mat when
We have. stu the waters would be troubled and
business must suffer You know that II you wish
to rebuild your house aud live In 1t. no matter how
much you are going improve II (and all changes
are not improvements by any means), you cannot
enjoy undlsurbed repose. neither can nation
This IL one objection to tnkering at short in
tervaIs with any policy. tariff or currency. 1t Is
bad enough with the tariff but II Is highly danger
Gus when the money and currency OF "A nation are
hammered with. These the blood OF the whole
system Industrial agricultural commercial, imam
ciai From the richest man down TO the boot
black on the corner. every one IS vitay affected by
a change I'm money. ! did my best TO Impress upon
the rowcrs tina, be- after the July panic OF 1892.
that the Nation AZ Il patient not in position
and | had hopes
that President Cleyelanl's usual good sense "ouh
lead him To postpone his tariff changes until the
general health Of the patient was good at least
This advice was not followed. The patient had
great shock the greatest shock that the United
states has eyer had. the civil War excepted, and
II f. I'm nv opinion a mistake to look for speedy
recovery No matter what improvements can be-
made. I'm our financial system. this Is no time Tor
change / do not believe any decided improve
meni can be made In the system, y mas WORKED
splcnddly. and one feature. which Is to asitators
an objection. Is really one Of it's decided advan-
tages. it tends to keep wild speculation within
bounds as II does not expand to suit speculative
ballo0nlet gentlemen who cannot yet money FOR IN
asking. only because they have nothing upon Win
prudent bankers wish 10 take the risk OF irndlhg.
president. Cleveland mas Deth as sou'" ",,, n
money as President Harrison was. ana can
must i~nporarlv ierang. m" business 81 the coun-
try and this any nov policy must 90 ,,'n'Ia.
Grant words are to-day full OF WISDOM lex ~
;|rhe action Of Congress IS also an important
factor II the country IS TO be fxctri e Dy cba
encd changes In tn" tariff no matter II th.7e CnhIS'
would be- ultimately beneficial, which. OF course.
do not believe they would be. siill they wonI us
,url the connlencr not only of the people ~ nom"
but OF the capitalists abroad. both or "hlcn AZ"
essential elements 10 the return OF prosperity iher
fore YOU see. gentlemen We must wait unul me
trn - The year before any reasonable opinion can
" Mr. Carnegie VIII leave here for New-York to-