The Portland daily press., 1896-03-26
aATH's EVENING WITH SHERMAN.
The Senator Likes Cleveland and Thinks
Cleveland Likes Rim-Doesn't Like Mis-
sionary Policy-The Trouble With the
Railroads,

"Do you ever meet Mr.. Ceveland?"
; 81 have several times met him. I rath
or think he likes me. At any rate b.
talks freely with me, and have grown
to like him. / never asked him for any
favor, nor went to see him on any sub
iect of his patronage, but he is genial,
bold talker''
with ability?''
eyes; I think he has ability. He ha
full as much will as Harrison and is no
SO one sided to converse with. Harrison
was ready. and on some questions full
but one had to hear him only. Cleveland
is also good listener, and an evening"
talk with him has the interest of mutua
conversational
what was Harrison's best qualityP"
81 think in making short speeches from
point to point. That took the people,"
lis Cleveland's administration sue.
cess?''
Financially it is very disastrous. We
paid expenses out of receipts right along
until he became President again, and we
have never met expenses since. II is fiscal
men have failed more and more with
every opportunity to correct themselves. q
is there not probability of the P res.
idential election being left undecided by
the people?'
Some four tickets will ba in the field,
the us ual temperance ticket, the Popu
list or silver ticket and the two old par
ties. AS there ars ten States west of Ne.
braska which have2oeen coalesced for sill
yer. and, as Believe. the Democratic
party South. Except in Republican States,
there viii be Populist party next fall,
and as our elections, as in the case Of
Hayes, have been decided by as low as
one electoral vote, it is possible that Con.
gress may come into the settlement"
:" How can that be if the entire. North
as far as Kansas votes Republican,
81 believe we shall have Kansas safe
this time. STILL these ten silver States
have twenty Senators, while several OF
them have only one Representative. This
united electoral vote will be as sgreat as
that of some one great State. Though
all these States put together hays only
the population of fraction of Ohio,
each will count one vote when they come
" VOUo as Othbob Ill OOuSE0sS.
81 SAW your old ooadjutor, Jay Cooke,
lately, Mr.. Sherman; he is of the be.
lief that the two attacks on silver and
the tariff have brought the country low.
He says that silver-paid labor in Japan,
selling its products in the United States
for gold, absorbs 100 per cent. of tariff
protection and that higher duties will
not protect without silver restoration
MIR. Sherman listened aud smiled with.
out reply.
''Mr. Cooke says, also, that when tht
national bank system was proposed to
New York city the old bankers there
were as obdurate as they now are on sill
yer and are but flock of sheep with the
foolishest wether carrying the bell.''
Mr.. Sherman listened and smiled with.
out reply.
"Have we not given away the goose
to put our missionaries into savage lands
against ourselvesf"
Il never thought much of the mis-.
sionary policy. When l was lately ap.
piled to for a subscription to uphold the
Armenian missionaries I said I would
rather contribute to bringing them
home"
"Can our railroads get up againp'
"Their great bonded debts are their ru.
in. With plentiful borrowing power they
is doing. and issued bonds. The stock
could perish and the property extrioate it.
self, but the enormous bonded debts OF
our railroads weigh them to the earth
and suck their substance out"
"Haye you not seen the railroads al
some time in their history equ ally de.
pressed ?"
"About 40 years ago when they began
to supplant, iron with steel rails they
were for awhile ailing. But now the old
est railroads. like the Baltimore and
Ohio, collapse under their crushing bur.
den Of bonded debt. That stock was
not large, but it is down to IS, once like
our public credit, worth double par, hui
bonded and rebonded, till it failed te
pay interest and Shylock had it. Away,
claiming, too, superior conservatism.
sac that they are going to call for As pei
cent of assessment upon the stock. Well
that would bring it up to 60 again. In
the past the stakeholder had many div.
idend. !"
TO CURE A COLD INONE DAY.