Omaha daily bee., 1883-03-22
JONI sHERMAN'a AMBITION.
He Wants TO Be a Millionaire, Enjoy
Life and Let Politics Alone.


1t is not generally known that SEN
ator John Sherman is tired of public
life. He says that congr sss has be-
come stupid and uninteresting to him.
He has sucked the political orange
dry. This view Ia reported to me by
one Of MIR. SheImAn's friends, says .
Washington paper, who 1 am sure has
no interest In mlsrepresenting him 1t
Is further said of Mr.. Sherman that
his one great ambition now is to
create colossal fortune and take q
position as monetary king In New
York financial circles. He does not
believe he can secure the nomination
for president at tho hands of
his party; neither does he be-
lieve his party will be successful in the
Mt xt cannass. So no one need be sur
prlsed to hear some day that John
Sherman has resigned his seat In the
senate in order to take q position at
the head of some business corporation.
Very few people know that Mr.. Sher-
man had an offer of this Kind submit.
ted to him last January, and that for
time he gave the for grave oohsid-
Grafton. Last January the New York
First National bank managers wrote
to Mr.. Sherman to come over to New
York. He is largely interested in
this bank. The latter Ia one Of the
heavy holders of the stock and bonds
Of the Mutual Unian Telegraph Go.
Mr.. Sherman went over to New York
one Saturday, during the latter part
of January, and spent the entire Sun
day following in going over the books
of the opposition telegraph company.
He was rendered the presidency of
the new company, with a salary of
$25, 900 year, with the assurance
that 81, 900, coo would be immediately
subscribed for the extension of the
lines. Mr. Sherman was invited to
make his debut In the financial world
as the captain general in q hsed to
hand fiaht with Jay Gould. Mr..
Sherman looked the situation careful.
ly over. He was pleased with the fnan-
cial condition of the new company, but
he did not like the outlook for
the business future. 1t was not q
good time for him to begin any kind
of fight, and SO, after several days of
careful thought, Mr.. Sherman de-
clined. His declination made com
promise necessary, as the principal
subscribers to the bonds of the new
company became frightened about
their Investments when they saw the
new company locking horns with Jay
Gould tor long fight. The result was
compromise which secures the pay
ment of the dividends upon Mutual
Uniyn stock and the interest upon the
bonds before the same can bs paid
upon the securities of the Western
Union.
The fact that Mr., Sherman ha,
ever been led to consider going into
business and to leave the senate shows
clearly the bent of his mind, even 4
he should not finally resolve to re sigr
and try new field for his ambition
Mr.. Sherman is envious of the name
of Blaine is making as a finaacle
since he has been retired to ptivat,
lifs. Some of the gossips put Mr.
Blaine's fortune at as great sum a
$40, 100000. His fortune, differen
from John Shermsn's, was begun be
fore he entered public life. A gentle
man who Is familiar with Blaine
early career says he was worth from
$500. 600 to $500, 600 when he came t,
congress. The growth of his wesltl
this gentleman attributes mainly Il
Blaine's keen and daring use of hi
original capital.