New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-15

COILS =. HUNTINGTON.
'r did not go abroad to sell anything or to in
vest in anything. l went for vacation as much
as anything. was all Germany. Belgium.
France and Holland. and spent two weeks in Lon
don on my way over and two on my way back.
NO found nothing in railroad matters
over there. don't think their railroads are as
gssi as ours Their fares much higher. and
in some countries they allow you no baggage ex-
cept a handbag. In Belgium you have to pay for
al YOUR baggage Their cars are very good They
generally gave saloon car. possibly because
Twas railroad man although paid my way.
MONEY CHEAP IN EUROPE.
"I found everything in Europe looking we'll, the
crops especially. Money is very cheap all over
Europe The, are particular there what they buy.
As TO American securities, they stand we'll But
Europeans have learned 10 be discriminating. and
their investments made now only after care
ful investigation ! had much inquiry made Of
me regarding American railroad securities AS l
never organized and built n road and defauted on
the coupons, suppose investors came to me In
feeling Of confidence that they could rely upon
what said. told them, as tell you, that there
has been much recklessness in the past on the
part Of railroad builders in this country. but that
this had largely passed. and thought that
much had been learned here through experience;
! need not mention the roads that have been reck-
lessly handled You know them. These inquiries
were made Of me particularly in Germany. Eng
land and Holland. In France there is hardly any
thing held in securities. There is as much
holding of securities in England in the past
In London, Pennsylvania per cents were all sold
out at 1OS. Chicago bonds sold at less than per
cent, as read it, There is good market for safe
railroad securities and FOR the bonds Of our large
cities.
INTEREST IN SILVER ABROAD.
Tie silver question is being discussed abroad
good deal. Mr.. Huntington said, and added:
They don't want 10 run into silver cur
rency. ! told them that silver would always
have place in financial economy and that nine
teen-twentieths of the human race belonged to
the debtor class. who would insist that silver
should have good place There one in
this country, / said, but What wanted silver 10
have a good place. / told them that the gold
people on our side were learning wisdom and
favored good place for sil"er, but they did not
want II to the extent that silver should be a
egal-tender. To the silver men ! say: l am
better silver man than yod.' | believe that sill
yer should be a legal-tender to the amount Of
S25 They said over there that they were willing
to make silver a lega-tender up to to- There is
more silver in sight-ter times 'over-in France
is true Of England Here a man will apologize
10 you il he gives you silver dollar instead OF
bill II | wish to pay hackman for short
drive at night. would sther pull out 'doa-
Of our daddies' than to try to hunt up bill
can be sure about the silver dollar. but must
have light to make sure Of the amount OF the
bill The people of our country are rather edu-
Gated up TO the use OF Paper, although In 1881
there was lots of II that was good Tor notnine'
Now We are accustomed to using It, and we don't
like silver But we would If we got used to 1t
as they are in France and England. why II Is
common there 10 pay for 81 or 20 worth OF goods
in silver. BY gradual approaches we may some
time get silver on parity with gold. but not
now.
Il talked this abroad, and they seemed to re-
sard this view of the matter favoraby. AS to
the 1s - ouestion | would rather have the
Government stamp on piece OF silver on 10
to | basis and declare that this was dollar than
10 have IL on a "a to basis for the latter "ouio
be too big II the stamp OF our Government says
that such or such a piece OF silver IS oo''"
am queer about these things but sue" 10 ""s
yiew-than n the Government be honest. that
piece Of silver Is a dollar. But the DANGER - '""
we might get into the hands OF dishonest peoP'e'
and they would end up. perhaps ps "''"e
mako dollars ont Of our forests. Give us good
the currency is Our large transactions are uo",
by check The cash is not actually handed
pay out a great deal Of money a year. pu' sup
pose don't see $4,000 in actual casn' Oo''"-
dence is the great factor behind the c"'ie"''
Question" -,
IN response TO inquiries. was very ca'ei''
as Is my habit. TO speak conser'a'N.'' -.
cau,iously. There is evidently strons ,as
in Europe in our securities. But we nave ""'
50 many poor things IN Europe 'ha' '"''
very discriminate ting there now. You canno' va 1ood
any second-rate thing there now l",s -, more
careful"
OUR BONDS STAND WE'LL.
As to the recent issues Of Government oo"'
In this country, Mr. Huntington said; .:
II heard almost nothing about 1t abroa"' NC
is. especially in conversation. They Kho" w.
that gold bonds will DE paid IN eoi'' "' ..,,
Is all there Is Of il. There Is no bet'er se'"
in