The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-11-23
FIELD FOR FOREIGN MONEY.
Healthy Improvement I'm Trade Condf.
tiOns Since the Election.

After completing a comprehensive tour
through the United States T. Lloyd. the
is probably the leading English financial
organ. arrived in this city last night. He
was accompanied by his wife and daughter,
and he will sail for home on Saturday next
by the Cunard liner Lucania- Since he ar
rived here, about two months ago. Mr..
Lloyd has visited the Western and Southern
Chicago, St. Paul, Portland and other i'm
portant industrial centers. The object OF
financial and commercial conditions and
prospects of the country.
To Tribune reporter VINO saw MN last
himself as charmed with the country, ana
said that the climate and scenery OF CALI
fornia and the contiguous States. OF which
he had heard much. exceeded all the an
ticipaticns he had previously formed
Referring to the election of Mckinley.
tended with beneficial results in every way.
For one thing, il will act as an impetus to
vestment of English capital in American
securities. Although for time there was
an undoubted disposition on the part or
London 70 leave American stocks alone I'M
til the election was over, L co not think
that state of things was caused by any real
fear on the part of England that America
anything having the appearance of repldia-
ton. The alarm that was manifested here
found its way TO the ether side of the At
lantic and II was this that induced the
waiting polcy-not any real fear that the
United States was IN danger OF MANIFEST
ing any breach of faith. OF course. mas
much as the feeling in this country was
that the situation was acute. its infection
spread to England. and ] would like TO
emphasize the fact that this was the Only
cause of any depreciation Of american Sc
curities that took place on the London
market.
ION my journey across the continent L
have noticed since McKinley's election
many evidences of a great revival OF trade,
and, further. / have also observed that
there are a cheerfulness and an alertness
generally among the people. Implying re-
newed feeling of confidence and hopeful-
ness. j think there is now certainty OF
gradual and steady Improvement IN the
commercial and industrial conditions OF this
country.
.'One OF the most favorable signs of the
times is that there seems no disposition 10
create ANYTHING like a Loom, or TO riish
prices and values up TO a hctitous leNei,
of business in fact. has no feVeriSh nusn
about it. but has a solid and nrm basis.
Mr. LLOYD added that. in the eyes OF the
English people. Mckinley represented the
level-headed and sound business elements
of this country and that American securi-
ties would during the next year or two
present a steadily increasing outlet for
British investments and capital
He said that his visit had proved TO him
that there were many advantageous op-
portunities for the investmens OF foreign
ca pitsI i'm this country. and that its re-
sources I'm every direction promised profits
unon outlay Mr. Lloyd refused TO discuss
any question relating to tariffs. he held
n was an internal controversial question.
upon which IL was not competent for for
eigners TO give any pertinent opinion.