Show TOO MUCH BUSINESS I ON SMALL CAPITAL AL I W. W S. S McCornick Returns From Trip Abroad and Discusses Discusses Discusses Dis Dis- cusses Conditions W. W S. S McCornick has haN returned to Salt Rail Lake Laki after spending the summer In Europe Though abroad he lie has hns not been entirely lost from Crom America and American happenings Ho lie came camo back to lo Salt Lake Luke Wednesday with as 18 clear an nn understanding of oC what WitS was going on onas onas as aft i If he lied hall never been heen absent a Il day Mr 11 McCornick In speaking o of the tho panic rumors said but hut the Wo We 0 have ha had hind our panic c coming year will be a 0 sluggish one There is b too much capitalization and anti too little money mone The small dealer has been carrying on oil a n business ten times as much as ns his capitalization c. will war war- rant Business has lias been expand expanding In Inand and spreading In every evor line There has bias go got ot gotti to tro be a 11 stop and tho the stopping Is now on This Is reason for or predicting pr the coming year being a n sluggish one Mr Ir McCornick does not think tho the change will be sudden but wilt will stop stol on as ns gradual a scale cale as It has hns grown rown Even the railroads will have to slow upon the borrowing of mone money for tor specula specula- tion Mr 11 McCornick speaks favorably of oC Mr tr methods with the tue Union Pacific lIe He sail said that Mr Ir Harriman took the tho Union Pacific when It was not worth ones one's consideration and h by hink sink ink ink inkIng inking ing lug millions of oC dollars and years of oC hard labor Into It he has haR brought the tho road up to Its Us present hl high h standard Continuing Mr Ir said r I. I nie IC IO 1 Rea Reason n. n n riot not t lum lU H r. VOl e l today It If wr wrongdoing Is hi discovered ered punishment of or course should follow ollow hut but this tills should be he sane prosecution not rot persecution Mr tr states that London is the only foreign city that Is materially affected by h any financial change In America London keeps in close touch w lh Americas America's liall dally daily history as far as i financial events are arc concerned The Theother Theother other large clUes cities are concerned with their own financial centers Concerning his trip Mr Ir McCornick said he lie cd every minute of or the time On July 4 Mr r. r and Mrs McCornick McCornick Mc Mc- Ic- Ic Cornick left leU for tor New cw York where they ther sailed for Hamburg and a tour of o the con continent ti neat |