New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-09-19
TALK OF THE HOUR.
WHAT Is HEARD AT SARATOGA
tFRoM SPECIAL CORRESPONDENT OF THE TRIBUNE

turn to this country. He has rented Office
In the Mills Building. it seems. and will appear
there the close OF October early In November
l am told that he has always had strong friends
among the Hamburg and Frankfort bankers and syn
dicates Operating in English and American securities
These made up differently from any tnns
that know in this country There Is central organi
zation OF each pool. II they operating IN given
stock the purchases made and the stock Is retained
in the possession IN this central organization and the
Investors in the syndicate receive certificate from the
central management which they entitled to
share in ownership and the proceeds Of the Invest
ment commensurate with the amounts they have invest
ed. There may thus be small investors all over the
country. These syndicates require Talented repfesen-
tatlves any country where they making invest
fact that Henry Willard at liberty and
has immense wealth OF information with refer ence TO
American investments and investors gave him ready
access 70 their confidence He 10 TO represent
understand several OF the wealthy syn dcates IN
Harburg Frankfort and banking house in Berlin with
large enough to assure him rfortabe Ire
in NewYork city. Willard was always liked by
those with whom he came in contact Everybody speaks
with satisfaction OF his returning prosperity.
The discussion OF temperance and prohibition which
going on among the politicians the present time made
listen with interest 10 Kentuckan with whom was
chatting to-day He Is Mr. Fisk who represents
large distery Louisville he has charge OF the sales
Of his for the NewEngland States and when he
had told me this fact expressed my surprise that dis
tery should find profitable TO keep agents at work IN
Prohibition States. He replied Why, We make large
sales all through NewEngand in spite OF their Prohio
tim laws. Prohibition does effect the drinking OF
liquor. but only the mannor in which 1t is sold sell
1000 barrels OF whiskey year in Vermont as much
more in Massachusetts, and not quite much in Mane
I sell few hundred barrels in NewHanpshire every
year. tits not difficult dangerous TO sell whskey IN
these States either because the who in the liquor
business, as a rule. who got money
enough 10 protect themselves against the law,
who know what they doing ana who are able
to pay for anything they order YOu cannot stop
VIII skey drinking by Prohibition law because there are
many people who drink liquor that they are sure 70
secure the notification OF the law. Under Prohibition
the sales made secretly and quietly but just as surely
under any other law"
Mr. Fisk called my attention to feature OF social life
under Prohibition which Is not without instruction
said he: In any county In Prohibition state there
will always ne at least or more towns where DRINKING
is winked az and where saloon may be established ana
without danger TO the proprietor This Is generay
true in the largest In the county with tae result
that the very place whers Prohibition should be most
rerfect is the where there the most axness The
drinking men from the entire county will fock to THIS
place As often possible and it becomes regular rum
hole Strangers going into state and visiting such
county get impression concerning prohibition
and It's workings that anything but complimentary 10
that state or to Prohibition. They drunken men by
throughout country where nqnOr sold openly that
they become dsgustei with Prohibition and declare it to
be failure whether it IS not. The manufacturers OF
whskey can well aHorl to have few states like Kansas
Maine and Vermont constantly under Prohibition but
violating Prohibition laws merely Tor tho sake OF tls
educational influence upon the country.
Politicians here watch tho progress OF Governor iVs
trip through New-York with more than ordinary Interest
because they distinctly understand to be part OF thr
move on the Presidency in 1ss5. The comments upon
II are as varied the n.en who make them heard
one man say to-day that he thought Hill was making
fool Of himself in trying ransparenty 70 secure the
support OF the farmers while another equally serious
Del ION declared that Hill getting the support o.
every Democrat III the state and that by l-S5 Grover
Cleveland would be only man in the state in favor
OF the denomination Of Grover Cleveland
Sitting on the porcn OF the Grand Union Hotel with
Captain > B Lathrop. OF Illinois, VINO was FOR number
Of years in the Treasury Department happened 10 take
A roll OF bills out OF my pocket the outside OF which
was An Old Treasury note folded that displayed con-
spcuou-ly the and unshaEey Signature OF Genera
Simmer the former Treasurer OF the United states
car tain Lthrop talked with about paper money OF
various kinds and mentioned the fractional currency
which was used during and down to the time of
the resumption OF specie payment having beeE tho
in vel ton General Spinner asked Captain Lathrop
II he anything about the process By which General
SPINNER evolved this currency and he SAID; i nave
heard the General talk about It, Everything In the share
would not lind dime OF silver aitec the Govern
ment began TO issue greenbacks II You had dollar
bill WITH which TO the market you hal 10 spend The
whole or you could not pay for your marketing There
was small change anu you had to take something TO
III the amour. OF your BILL The General was very
fond apples ana he used TO out every dag and buy
few to eat He found that lie had TO buy dollars worth
or none and he got rather Disguised about It. lie tried to
conceive Of something that would lake the place OF small
change. lie finally thought OF pos age stamps and sent
down 10 buy two or three dollars worth. Then he cut mp
lot OF Government paper, such az II used for printing
securities small pieces, on which he pasted stamps TO
represent ve and twenty i've cents He USED these
for day or two an found they passed readily for
crrrency and that everybody ready TO receive
Them II you will remember they Immediately got to
putting up postage stamps In envelopes IN packages OF
D. 50 and IS cents AMI the people found these en-
velope. very convenient except that occasionally some
body would open and md that they were short
st,nn or two and so confidence was destroyed in
that medium of exchange But meanwhile General
simmer mad been studying the small change que-
ton and hal got his idea OF fractional currency He
went before Congress with II and very soon law was
missed authorizing such an issue. The first currency
mat came out under this law had fac-simile OF post
,,o stanp on Is and 20 It was known the postal
currepcy ssue II always great sport Tor the young
follows in the Treasury Department when they could
ret General SIMMER tell them about his experiences
m trying to buy apples tor his lunch when IA could not
get char &c FOR nis dollar 0hI.
Fe-y reople who sealsEin saeque or wear one
have nv kuo OF the process By which 1t put on
the market IN It's perfected beauty. was talking with
Tew,s Lewis OF Nancouvers Island, about the
seai industry, and he gave me some points ABOUT tne
nrenaration OF skins for Use IN wearing appAFe"
~ rst taken from the animal they little resem Die the
rrn glossy and uniform surface which they present
p the streets Of the great cities in winter time Unt
thev are dyed and curei the skins ara OF isnt Drown
color and generally full OF sand In the process o.
making them valIable tue heshy SIDE is pa-ed down '
+, f., no thicker than paper. The long hairs are tAen
- an, AMI the fur Is dyed The o. the article
pr,ncipally 10 the labor that Is expended on the
kin. The dying and finishing are al done in Lon1ou
49,, ,,avs never been attempted in this country Win
complete success .,,.-.,---..,,,.
D . Dibble "A former resi- tent OF VI chlgan who Is