Show SAVS S PANIC WILL PROVE PROVEVALUE Of COMMERCIAL VALUE Former Financial Adviser to Khedive of Egypt Says Recent Flurry Is Natural Result of Rapid Growth New YorkSlr Edgar Vincent formerly for-merly financial advisor to tho khedlvo of Egypt and a man of affaire In England looks upon the recent panic as a development of inestimable value to tho commercial future of this country He sailed Tuesday morning on the Kron Prlnzcssln Ccclllo after a trip through this country and Canada Can-ada and before Balling discussed his visit to Canada and the American west Sir Edgar said I was surprised when I landed three months ago to find that the financial conditions had not had more apparent and far reaching results Instead In-stead I found tho west absolutely flourishing and New York affected In a trifling way This merely proves low sound and stable are the com picrclal and industrial pillars of this V nation After studying those conditions with great Interest I have come to the conclusion that a flurry of that sort is only natural after a growth that was too rapid Some may bewail the elimination of famous fortunes but these fortunes for-tunes were born as quickly as they died In the financial history of all rations we find these occasional panics pan-ics and I dare say the one of 1907 was caused by a combination of over speculation and distrust I think the events in Wall street are only of temporary Import They will militate toward the nations commercial com-mercial good |