The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-11-01
INJECTOR KAHN
SALT LAKE
xoted Union Pacific Man Gives
Views on the Financial
Situation.
lUToMOBILE DRIVE TO
MURRAY AND SUBURBS
r.ys No Cause for Agitation.
and Railroad Will Con-
tinue Expanding.

o.,o r Kahn of the banking firm OF
VI Ioob g. Co., New York. was in
.iv for a brief period Monday
5;stinguished visitor, who has been
s:.octor of the Short Line and Union
.;f;o since the reorganization, was
IN in hand by cePresident Ban,
"A and other officials of the Short
a ond shown the city and smclters
~ the special train pulled out for
..,,or m the Denver & Rio Grande.
~ rarty arrived shortly before noon,
"a snecial being made up of several
.-gs;al ears of the system and the pri-
4. NJ ear of President l.. i, Lorce of the
o.leuarc & Hudson and other roads,
nlhms in the party were Henry Il. Win
|kronc. A. ". Krcch. Frank krech, Mar,
4. Erdmap. ". T. Whitenouse, Eugene
rsbn all prominent bankers and brok-
4. AZ The cast, and Dr.. Joseph f'Taenck-
! of New York.
pnring his stay Mr., Kahn, who is one
4 tbo sblest and noted fiuanciers OF
|6e country, said in an interview;
{ 'iiIuyestors and business men are
.ora frightened than they are hurt.
|{ey are afraid TO invest money be-
auss they arc frightened.
sTbprc is no cause for a financial
sappency, nor even for tightness of
.ouey, except A blind fear on the part
a business men that something Will
ma no to prevent them from making
rood return on their investments.
HPolitics arc not altogether to blame
N. The conditions. IL is not a matter
4 The presidential election, but mat.
n Of quieting fears, which is the prob
ID to solve before the financial waters
IN be Quieted,
'tI do not consider. - said MI Kahn.
HAT there is really any financial
|ziugoncy, but there is 4 spirit of un-
est II is based on fear, and the fear
npt based on anything substantial,
"Politics do not have all TO do with
BE- situstion. 1t is Just spirit of un-
nj The business men are afraid to
17est money because they are afraid
onethipg will come up to prevent them
Jon making good return.
"Thc state of affairs, of course, af-
<cts everybody. The working man gets
Is share Of il as we'll as the business
eThere is some inclination to lay
e tronble to politics, and perhaps that
pube indirectly, The pooplo have
lzsd so much about politics, the tariffs
I'D ether propositions that they arc
raid of them. Whilo nothing has been
|1De really directly Go hurt business in
W way, or TO lessen the possibilities
4 making good returns on investments,
1ese has been much talk, and that talk
g aroused fears which havo spread
nd accumulated.
"And that is the whole trouble. As
.gl as the business people realize that
'He is no cause for fear-that nothing
been done politically to hurt them,
RQ nothing is lik clyto he done-the
2uoitions will be changed. irhe skies
W gotling brighter already,
lno railroad situation is The main
Fochon TO us on our trip, The tour of
|f west Is one in which we are looking
w the opportunities, In tho west
'.nfDad extensions are needed. and they
.'h Dc made. OF course the investment
|.elbles have found their way into the
|.rfoad circles, rs well as in other lines
y BUSINESS. and fog that reason we have
-N eesn able 20 do as much as we
Fonld like to do.
bnt the railroad extensions arc to
y Made; They arc needed and where
.ast condition exists there is money TO
y misen. The great west offers untold
asahtages The railroads will open up
.1s way for these and not only the
~, w. put the people generally will