The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1879-02-21
SECRETARY SHERMAN.
THE FACTS IN THE CASE AS TO HIS
WEALTH.

Special Telegram to the Chicago Inter-Ocean.
WASHINGTON, Jan. 24.-In conversation
with your correspondent the other day,
Secretary Sherman referred to the fire.
quent injustice done men by the partizan
press, and said the stories often seen in
Democratic pape,s-especially during heat
ed csmpaigns-to the effect that he Was
heavy bondholder, were without the shad-
ow of foundation.
ct do not" said the Secretary, Town a
government bond-not one."
He said the stories that he was heavily
interested in national banks were equally
false.
He owned stock in but two banks, one in
Mansfield of two thousand dollars, and a
little in Cleveland that the amounts were
small, and it happened that be owned both
before the banking act was passed. The
Secretary humoronsly observed that it re-
quired as.Rood stretch of imagination to
make a Is bloated bondholder y out of him
on this state of facts. He said if the poli-
ticians so much interested in his alleged
wealth would come to him and make out
an inventory of all his earthly possessions,
.h4B uassid then find out that be, was no
millionaire, and the stories OF ms great
wealth false. Your correspondent asked
the Secretary why he had not denied these
stories long ago. He replied that he did
not recognize the right Of any one to inquire
into his private affairs, and if he denied
one story of wealth probably another OF
larger dimensions would be started as soon
as another brisk campaign made it needfui
to circulate lies. The Secretary said that
what moderate property he had he had
made by industry, economy and careful
investments. He referred to an article IN
tae Toledo Blade, which some one had
sent him, which pleased him much, as that
paper had always been just to him. The
article says:
1t is charged that he (Sherman) went
Congress poor, and has made all he has by
a shrewd use of his position. The fact is,
he was rich man when he entered public
life. He was lawyer with q fine prac
tice. a manufacturer doing fine business
and large real estate owner. lie is
shrevd man, who manages his private al
fairs With the skill that he has manifested
IN directing the finances of the nation
He has had faith in the growth OF the ma
tion and the improvement in value OF all
kinds of property !; he has made his invest
| ments with wisdom, and wealth followed
as a matter of course. 1t can be demon
strated that every dollars worth OF hi
property has. come to him through tn
same legitimate channels that the wealth Q
4 any other prudent, provident man accumu
lates. He lives plainly, economical'y-ha
no expensive habits, such as are the ban
of many public men-nelthert gamble'
drinks nor keeps mattresses. What none
he receives hn turns to good uses, and ha
ever done 90. This is the whole secret
his wealth. Had he chosen to make none
by his position, he would certainly not hay
contented himself with the moderate q
II finence he now enjoys. Ii he was going
make money dishonesty, he has had q
4 portunities OF making himself one OF I'll
richest men in America.
aThis article may be trife overdrawn,
said the Secretary, but in the main
does me simple justice. 1t was written,
think, by D. r.. Locke, whom ] knew as
young man in Mansfield twenty years ago
The Secretary has been represented
/; impervious to newspaper criticism, and
he il to certain extent, for he never sto
to deny false charges, bat he is more thl
pleased when he receives simple Justice
!, tho hands OF newspapers which have iol
abused him. And far the past few mont
], be has been much more praised tn
Y abused. His splendid management Of
. finances is conceded by all, and he will "a
. in history with Alexander Hamilton .
. Robt. Morris, the aananciers Of the revo
% tion.
q CHIEF JosEpH's WONDER. lin his int
% view the President, the other day, Oh
I. Joseph. of the Nez Perces, was asked vi
:, : iss ali the wonders of civilization be !
seen IN this his first, trip to the East
pressed him the most. It was expec
that be would name the great "tepee,' s
= Capitol, but he replied without monaet
= hesitation that the most wonderful thing
: had ever seen or dreamed OF was the bri'
over the Mississippi river at 81. Louis,
he went on to explain that he could sea-
. " be.iess his eyes vhen be looked q
= he could build mountain Of stone like
!. Capitol, be said, but be eoald not bull
= snider,s web that would stand alone in
ali. he was afraid to cross II, but he
"a "a 4hat t1,a ,,aIe-fanes were not afraid, SO