The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-07-30

parents. These people are among those
whom the Democrats are trying to gain
by their wholesale repeal Of pensions"
How about the elections this fall?'
II think undoubtedly the country will
90 Republican," was the reply. We will
States Of the North likewise. This is
ALWAYS the rule in elections following
Presidential elections. The party which
fails usually carries the country the fol-
lowing year. 1t will be more so than
ever this year, as the Democrats are so
divided among themselves and the fnan-
cial situation is blamed upon them"
How about the tariff? VIII the Demo-
Gratis reduce it?"
"Ihey will attempt to do so. They
have promised and they will try to carry
ont their promises. What they will really
do the Lord only knows"
The nversation here drifted off to
general subjects. At one paint l asked
the Senator something as to politics as a
profession for young men. He replied
Il don't think young men should engage
in politics with the idea of making it their
life work. Our conditions are such that
We do not have a profession of politics as
in England. There is no money in politics,
and the young man who engages in them
with view 10 a livelihoo cd makes great
mistake. The average life Of the politician
is short. Think of the changes which take
place in every Congress. The only two
men now in the Senate who have spent
the greater part of their lives there are
Senator Morrill, and myself"
AT another point in the talk I spoke of
the growing number of very rich men in
this country, and asked Senator Sherman
II he did not think we might eventually
have rarity of the rich and party of the
poor. He replied:
Our laws against entail are such that
great fortunes cannot last in the United
States. They are divided at the death of
their owners among their children and are
soon dissipated. Only the fewest fortunes
outlast half century. The majority are
divided long before that. Few banking
businesses live more than twenty years.
and the law of fortune is change. The
great fortunes Of to-day, you will see ifyOu
look al them. have all been caused by new
inventions and modern improvements in
the telegraph. the telephone and nearly
every other one of the great WEALTH. pro-
ducers have been Instituted during my
lifetime. l can remember when we had
only few miles of railroad in the United
Staies-when there was a short strip run
ming from Baltimore on to Cunt erland.
and when we had here in Ohio but one
road running from Sandusky to Newark
and GAINESVILLE. All such institutions have
produced great fortunes. and other things
OF the kind may do likewise. But appre-
bend 20 party of the rich against the poor,
and believe that human wants ands the
natural tendencies Of the human race will
equalize us moro and moro as time goes
on"
How about the foreign trade? Will
we ever control the business Of South
American"
THAT is a question that only time
can decide. The chances. it seems to
me, are against US. If you will take a
look at the globe you will see that nearly
all of the South American continent lies
east of New York. and that 1t is not much
further from their leading ports to
London than to New York. England
completes with us as to the trade of Rio
Janeiro on very nearly equal terms as
regards distance. and it has many advan-
taGes over Us in other respects. The
Nicaragua canal will make some differ
ence. have no doubt 1t will be eventually
completed and that it will result in as vast
an increase of trade as the SueZ canal did
when it was completed.''
FRANK G. CARPENTER.