Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-09-16

be right in that there are not fly who
/ would throw bombs but Ia times ofpanic
/ and starvation you cannot tell how soon
thousands can be organized into
/ mobg'
"What will be the effect OF the times
on political pariics''
the hard times continue the Re.
| publiclns will carry the country by
/ large majority and II Mckinley should
/ carry Ohio hy an overwhelming vote the
| logic Of the situation would point to him
| as our next presidential candidate. 10
| however time should ease up under
q revised tariff Mckinley could not be
. nominated as he could be the head Of q
1 hlgh protective tariff platform. n Con.
! gress should repeal the tax on state
/ banks aud lcgislatc the national banks
| out OF existence We might have flush
] times Tor year or so and then the
| trouble would be worse than ever. la
/ such case the revised tariff might be
| carried on with apparent prosperity. ID
/ Is hard 20 tell what will happen. I am
afraid OF Congress. n it does nothing
/ times will certainly continue hard. n Il
I does what some of lis members wish 10
do the situation may grow better Tor
time only To leave rs m a worse state
| than ever
now SENATOR cuLLoN SAVED a HANK.
! here asked Senator Cullom as to the
/ panic oi 1873 and bis experiences in %.
| lie replied ~ don't think the panic
OF ia13, or that Of 1855 Is 10 be COM
| pared To THIS. ] was in business at the
time OF the panic In 1873. I len Con-
I Eress IN 1871, and was president OF a
| bank In Springfield. We had IN or
| seven banks IN the place, and the situa-
| ton Tor q time was critical The New
/ York banks had closed their doors.
/ The banks Of ST. Louis and Chicago
had suspended payment aud the bank
| presidents Of Springfield debated for a
week whether they should not follow
/ SUIT We bad meetings every day aud
/ every evening Of this week up TO Friday
night The next day was Saturday aud
| We knew that the farmers would come
~ from the icurntfy and that many of
them would demand their money. AT
The beginning OF the meeting the Oldest
bank president In the city hau made
motion that we al suspend on the NOR.
/ row. This hung fire until late and al
/ last the chairman said, i suppose il Is
/ the sense Of this meeting that an the
/ banks will be closed tomorrow morning.
Al this time had said nothing. / was
thinking OF the effect Of the action upon
my political career rather than upon
myself as a banker. ! was very am.
bilious and did not want 10 appear be.
fore the people In the future as the ex.
president Of a buBied bank. I got up
and said Gentlemen; ! am. think. |
the youngest bank president here. Ny |
bank has no more capital than the /,
other. raF.h.HIss a. Z
banking than any Of you, but ! say here
and now, that rather than close my bank |
while have q copper cent to pay ont / |
would put my hand aud arm In a red |
hot stove This speech changed The |
sense OF the meeting. Il restored CON. !
hdcnce 10 the others. We decided NOT /
to close and we passed through the next /
day without trouble. We have not had \
a failure since that time, aud my speech
saved US. What the country needs to. /
DAY Is more backbone and nerve. A /
large part OF the panic Is due 20 fright. /
ana what we need Is confidence in our.
selves
PRESIDENT LINCOLN IS 4 riNANicER.
You knew President Lincoln quite /
well, Senator what kind OF q fnancier
was her"
Theoretically and on poltical.econo-
mical grounds he was great. Practically |
lie knew little about money and took |
no care OF it. lie kept no books to
speak Of and ! have been In his law
office when he had returned from riding /
IN circuit He parcticed at the courts /
OF all the counties about Springfield. |
After trying a case he would take a |
piece OF paper and wrap up the fee that |
he received from client and write on
the back OF the paper the name OF the
case. lie would put the money thus
wrapped away In his pocket The next
lee would be wrapped up IN like man.
ncr and stored away iu another pocket
and when he came home he would take
out the fees from the different pockets
one at a time and divide diem with his
partners"
LINCOLN As 4 LAWYER,
"Was Abraham Lincoln a great law
yer"
YES" replied Senator Cullom, o"
think there Is no doubt OF that. My
father knew him very well, and when
asked 10 advise as 10 q lawyer for any
person he would say. Get Judge !
Logan II you can, but u you can't there
Is q young man In his office by the |
name Of Lincoln who will DO just as ,
we'll. Lincoln was very strong with
both court and jury lie had q great ,
deal OF personal magnetism aud his
honest, common, plain way captured
the jurors. lie would lean over them,
gesturng with his long arms and would ,
hold them Ly his homely eluqucncc."
President Lincoln" Senator Cullom )
went ON, twas the greatest man this {
country has ever produced lie was /
great writer and his papers are full Of D
literary merit lie grispgd things inWi. .
lively. lie knew how 20 handle men y
and bee was able 10 make Congress do as 6
he judged best ] remember being one {
day at the White House when the news
Of Owen Luyeioy's death in New York
was received. President Lincoln WAS
very much affected by h. lie walked
mp aud down tie room and during the I
tails about the death said. "Loyeioy
was q great radical 10 Congress buy I /.