Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-07-29

in India That country has vastly more sill
yer than We have Hindostan alone con-
tains $50, 600 900 people and these have all
been doing business with silver"
Big Crops and Good Prospects,.
Are you not apprehensive as to the times
and the condition Of the country" asked.
II do not wish to be interviewed as to the
business situation, but will say that the
The crops are phenomenaliy large. am
getting more hay off my land here than
twenty tons. The hay crop this se year 's viii
be enormous. and hundreds Of thousands
Of tons will be exported: There is a sort of
France is bringing $40 q ton. The wheat
crop is large. but the prices are lower than
wages for farm labor, and 1 doubt In fact,
II any profitable farming can be done at
will not more than pay the wages Of the
labor required to sow and harvest it
The Future OF Wages.
"Are not wages increasing in the United
States right along"
''They have BEEN" replied Senator Sher-
SO is doubtful. Labor commands more to-
day than 1t will produce in profit to the
employer, and there is a disposition over
closing Of factories and the stopping Of
various enterprises. When l was boy $40
e month was good wages. and and the s average a,,
can hire no one under 81 so. Take those
men out there who are raising the track of
that street railroad, said the Senator" as he
pointed to the street. they get $50 day.
1t is little enough, but doubt whether the
business can can afford to pay IT, -, ..,on
Congress as to silver on wages?" asked.
THAT depends on what the action of Con-
gress IT," replied Senator Sherman; II tn, the
Is repealed without further legislation being
enacted It will put US on the gold basis. and
as the purchasing power Of the dollar is
concerned. If free coinage of silver should
be adopted wages would not advance nomI,
nally, but their purchasing power would
fall to 90 cents In gold all over the coun-
try, and the prizes OF al other articles Is
q serious one and wage earners are always
times"
No More Panics.
do you apprehend panic?"
mo. do not was the reply. 1.-The en-
actment Of the resumption law did away
AS to the times, however, ! do not care to
speak. l don't feel that / could better the
sureaiy would not do anything to make
them worse. The United States is by no
means poor country. and our resources
How about the worlds fair? VIII 1t not
have an influence to make times better? 1t
viii bring a great deal of money into cir
II doubt that its effect will be appreciably
felt" replied Senator Sherman. This Is
amount brought out by the fair will be no
more than a drop in the bucket"
Silver Versus Other Metals.
What do you think Of the appeal Of the
miners Of Colorado as to free coinage"'
1T is the strongest presentation that has
yet been made to the democratic party in
favor of it" replied Senator Sherman.
What they say is true. II we should re
IN IN n 10 fhnir f1yyar fhaxy a
have limited market for II and the in
dustry would for a time be crippled or sus-
The truth of the mater is" Senator
sherman went on, silver has fallen in
value, like most other metals. with the i'm
have to pay 800 a ton for iron rails; now
they can be produced for $40 ton. Alum
mum used to be worth nearly as much as
duce It for from fifty cents to a dollar
pound. Nickel has falleh in value, and sill
less EXPENSE that If ceais in af fSa ae
processes Of smelling 1t with lead ore are
such that the lead sometimes pays the cost
value 1t Will. il the Sherman act be re-
pealed. continue to fall, and eventually will
stand at its market value in the same way
that iron and other non-precious metals
stand"
How about the cutting down Of the pen
sion list, SENATOR" asked.
The democrats are arousing much in
dignation among the soldiers by their con-
struction of the pension laws" replied
and repeal Of pensions that have been
granted: I look for a great change in the
ees Of s saeh The G as to s
Is very large. No country has ever been so
liberal as this to it's defenders and sl6o, ooO.-
also remember that ii Is almost a full gen.
GRAFTON since the war. Nearly all the
waF or to Se
impregnated with it's spirit save as they
have gotten 1t from their parents These
people are among those whom the demo
Gratis are trying to gain by their wholesale
repeal OF pensions.
The Republicans Will Garry the Country.
How about the election this faIl?"
II think the country will undoubtedly go
republican, was the reply. I'VE will carry
Ohio by Large majority and other states ,s
m Tss pary Wneh fairs asnay
carries the county the following year. It
will be more so than ever this year. as the
democrats are so divided among themselves
and the financial situation is blamed upon
How about the tariff Will the demo-
"They viii attempt to do so. They have
promised and they viii try to to, carry out
The conversation here drifted Off to gen.
erai subjects. At one point asked the
don't think young men should engage In
politics with the idea of making ii their
| life work. Our conditions are such that we
do not have a profession of politics as
and the young man who engages In them
| with a view to a livelihood makes a 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"
The Rich and the Poor.
At another point in the talk 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
| a party Of the rich and a party Of the
| poor. He replied:
] Our laws against entail are such thai
| great fortunes can not 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 a century. The majority are
| divided long before that. Few banking
| businesses live more than twenty years
| great fortunes of today, you will see Il yot
| look at them, have all been caused by new
| inventions and modern improvements In
| satisfying human wants. The railroad, the
| telegraph, the telephone and nearly every
/ other one of the great wealth producer.
have been instituted during my lifetime.
can remember when we had only few
When there was a short strip running from
| Baltimore on to Cumberland and when w,
| had here in Ohio but one road running
i from Sandusky to Newark and GAINESVILLE
| All such institutions have produced grea
fortunes and other things of the kind ma!