Show FOREIGNERS LACK LAGI I CONFIDENCE IN US I Business Scandals in America Have Produced Bad Effect Abroad SENATOR CLARKS CLARK'S VIEWS I Attributes World-Wide World Depression Depression Depres Depres- sion Partially to Overproduction Overproduction Over Over- production Ne New York YOlk Oct 10 United United States Slates ates atesS S Senator W. W A. A Clark with hl his son somi YaU Walker el Clark and his sons son's wife wICe were passengers Cl'S on the tiiu White Star tar liner lin r i Teutonic which arrived mI In port poni this tints naming morning after a storm stormy voyage acro across s tim the Atlantic from merit Southampton and amid Cherbourg Almost all au of or the pOE gelS gers were sick tea on the time roughest trip the time Teutonic has experienced in months ThurE Thursday ay last the night of sailing sallins there was a heavy storm torm and night light before last another making the experience a n. trying on one mic for fur all on board Senator Clark discussed ell on the time ph pitr ph r I the f depression here hure and amid abroad an and amid the lack of oC confidence ence foreign nations have In lii American busness bus bus- I ness methods Senator Clark said that with his wife sun son antI and in law he laId hud been jeen traveling over the continent during dur dur- lug ing the time pa past 1 summer We ha hind had time and md a good an we ire en- en Joel loyed ourselves he said Ve Ye made malIc madeno malIcI I no startling purchases ell Mrs rs Clark Is In lii Paris an and will viii not n for sonic some sometime time yet ot Afraid of Our Securities I l 1 found abroad he lw continued u ti decided lack Jack of or confidence In imi American Amerlean Amer Amer- m r- r lean ican securities brought on I think by what are termed terme the business lne s scandals can which It Is thought abroad lH been n unearthed in recent years car particularly particular I ly 13 In iii the time last two or 01 three years ears The meat and insurance disclosures to together together to- to gether sether with those developed in tho the present local traction tract they the regard re arll In Ina ina a questionable fashion In a word they lack confidence In the thc stability of or our business men Inca and question our om meth melh- o s. s What is the financial situation ui un the other uther sl side c Depression ion T cr I Well ell I found the time depression lon work wide vide France is 11 the time only country that could len lend us an any money The rho Ilen French h I are aro a n. thrifty J people But the they are arc not I purchasing American securities pow now for the i lea reasons on I have stated Is the trouble due to overproduction tion lion f fIn In lii pam pait t but not wholly In tnt the matter of oC copper that is distinctly the reason There Thero has been an enormous over o production of or that metal and it CU trusts masts ts moro more to lo mine copper Alining expenses ex oX have hac advanced d materially and are OYO high |