Rensselaer Republican, Volume 21, Number 48, Rensselaer, Jasper County, 1 August 1889 — An Englishman's Opinion. [ARTICLE]

An Englishman's Opinion.

An English solictor visiting Washington explains the reasons so much foreign capital is being invested in the United States. “In the first place,” he said,“this syndicate is not operating with Eogliah capital altogether. Money from all sections of the continent pours into London for the purpose of being invested in American enterprises. You ask the reason for it. Well, the truth is that there is a widespread fear throughout the money-cen-ters of Europe that the whole continent is drifting in the direction of war. This idea is growing rapidly, and is causing a withdrawal ot money from enterprises, throughout Europe. It explains the reason for the great industrial depression which has prevailed for some tune, and which seems to be on the increase rather than upon the wane. Capitalists are looking for something which will be safer than European stocks when this time shall come, and they are sending their money to this side of the Atlantic in order to be prepared when the craph comes. This explains the talk so often ward now of the English syndicates investing in all sorts of American enterprises.”