Show STANDARD FINE CAUSED PANIC Opinion of George eorge Gould Who Has Arrived in New NewYork NewYork York From Europe FOREIGNERS TOOK FRIGHT APPALLED BY MAGNITUDE OF SENTENCE New York Nov No 5 George J J Gould returning today on the steamer steam r Kron Iron Cecelle from a months au automobile auto automobile to tour of Europe discussed freely the European situation Our credits are In a bad way abroad said Mr Gould The people of nj Europe received an awful scare and they are re still nervous and afraid of our securities But their view wew is all aU wrong Our country Is all al right our re resources resources resources sources were never stronger our out rail raU reads never busier Industry every everywhere everywhere everywhere where Is humming We have simply got to get together and put our shoulder shoulder der dor to the wheel to restore confidence In this thia connection I want to say something of Mr Morgan Morsan He Is a trump and he has saved us from a great disaster Cause of Uneasiness Uneasiness Asked his opinion as to the causes of the uneasiness ss In Europe Mr Gould said saidI I believe without hesitation that the sentence imposed upon the Standard 1011 I Oil company c Is the largest factor To the people of Europe the fine fin looks like Ulce practical confiscation cation They fear to put their money In our big concerns with that verdict dangling before them The fright Judge Landis fine tine gave in investors investors investors on the other side was tremendous tremendous tremendous dous But as 1 I say sa the conditions in this country are ar sound and v we are on the way to restore confidence The trou trouble trouble trouble ble Is that our currency Is all out of joint It will be a feather In Roose cap ca If he should call an extra session of or congress and secure the adoption of uch needed currency re reforms reforms reforms forms Just what hat the character of the new legislation m should be I am not ready rendy to say sa r fI I have no set net plan lan of my own r Innocent Made Ma e to Suffer The recent scare Is overcome now But the Standard Oil sentence was one of those things which always hurt h rt the innocent people They The have to suffer The fine hit the interests of the people I am Inclined to believe the people of or Europe were justified Jn in their alarm It If one corporation can be treated as was the Standard OH on the same thing might ml ht happen hap en to others and Investors aro are not anxious to sacrifice their money Asked if his railroads would continue their opposition to the law In some tome of the states Mr Gould said It Is unprofitable to carry passengers passengers passengers gers at so low a rate As to the telegraph strike Mr Gould said The strike was most as the men have been quick to discover The operators had recently received an Increase in salary showing a disposition disposition disposition tion on the part of the Western Vestern Union to better their condition as rapidly as circumstances would woul permit No we have no concern over oer the strike what whatever whatever ever |