Evening star., 1896-02-15

and the surpl, from now on Will go into
circulation. tt ere viii be o billion dollars
worth Of gold thrown into the worlds cir
culatcu during the next i've years, ard
this VII create st least q billion dollars of
cred!t money The result VIII be q gold IL
fat-cn and the prices Of eVerything Will
rise
''Wil there he q panic at the end OF it,
''Yes. the ranic viii come sooner or
later. Prosperity and the reverse move IN
waves, and We are bound to haEe oar ups
and downs just about every so often
glow about interest rates? Have they
not got to the botton?'
NO, 1 think r-t'' replied MIR Ciews.
'.Intere5t is falling and VIII probably fall
fSle lew rate Of IN terest depends upon
credit our government has such good
credit that it can set money very cheanly.
1t is so with oCr business men. They are
know TO be good, and every one wants to
lend to them.
The Systems fer Wall Street Gamblers
what are the elements OF successful
Wall street specUlator?"
'"The chief thing is to know a good thing
whe.. you see it, and to act upon 1t the
moment you know II. successful mar
here has to know the country He has 10
study tha markets, and to Re able to reason
ar & Think for himself. He has to ba cara
fUi Ia his habits. and see that his brain is
In good cO"d.ton. If his vital force goes
out in i ration of any kind he can't rse
fcfce here"
In Monte Carlo Mr.. C1ews. where real
GO ssInblng goes on. there &re numerous men
who have systems which they think will
beat the game. Is there any sy stem by
which n Wah street stock gambler eau
beat the gaTae?''
No, think not" replied the old broker
Men with systems cCrne here bv the
scores They invariably fail in the end.
You can't play Wall street or system
How does = presidential campaign af-
feet Wall street?'
''It Is bad" replied Mr. Clews Bad for
the spectators. bad fOr the brokers, had
en around People get Interested in the
SlHsr2nt candidates. The bankers and
brokers are appointed on committees. and
they devote time to politics which they or
dinariiy usa In the street. Both Wall street
add the people lose g great deal during a
presidential campaign"
The Richest 75a4i III the United States,
who is me richest man in the United
States, &Ir. CIews?'
Il believe Cornelius Vanderbilt stands at
the head was the reply. "FIe has at least
one kUrdred million dollars"
who are the FIVE richest reG?''
Let me see" vas the reply Of the
orok,T' as he held vp delicate white hand,
ana begaH TO count on his fin;-ers begin
rlES at the little one. There Is Cornelius
NaTdcrhiii FIRST, Wilzara IL Vanderbilt
second william Waldorf Astor, the fortune
VI Jely NEJiit- ana lastly, that Of John
I.2ckefelier. Each of these IS worth from
h1ty mdEons II hundred frilI.orl dollars
aho LoSetn=r they represent IN enormous
amount Of money!
Are not these large fortunes dane.ro.,s
TO the United States?' / asked "Don't
you thiEk that We are liable to have a So
Ie'y o. Inc ricn ana one OF tho poor if We
are not Carcf3}?''
NO. I think not" replied ,Ir r,,a,.,s
The only way these fortunes have hnen
AePl toSstaer IS by a system of entail. The
Na.Gefbii-S Eaye given the bulk to the ed
est son. ard the Asto- millions are kent
together The rule IS thar rich fa19ilies SCI
dom held their estates more than four gen
e2t1ons- That r?ay be called the life Of =
,E'une- We have 10 law of entail. and
the sharp young fellows from the outside
9ahaEe to get away with the fortunes of
the sffete rich''
H-sS IL Feels to Lose Millions
You were worth five million aollars. AR.
Clews' IN 1878, when you suspended. 1t
must be awful to lose millions. How does
1t fee.?''
1t feeis SO bad" replied Mr. Cleyvs, with
a shud1er. that don't like to talk of r.
! cont want to think about 1t. WHY. 7
I9st I've miIlicns and half in one clip at
ina. uiae- II was in Georgia bonds You
know, the state repudia tel, and l could Do
notnlrS- l got up, however, but l don't
want TO go through such an experience
again.
Teller Talks of Cripple Creek.
Speaking OF Mr. CIcws' belief of there
being gold ere at hand, I had a chat the
tother day with Senator Henry NJ. Teller
about the rich Cripple Creek gold mine of
Colorado. Cripple Creek lies Just back of
Pixies Peak. 1t Is, perhaps. the best gold
region in the United States today. Senator
Teller had just come from the mines when
I saw him. Said he:
"a wonderful gold development. is going
on IN Colorado. ard this has practically
changed the condition Of the state. we
seemed to be on the verge OF ruin in 1893
the financial skies have changed, and al,
the clouds have golden Innings New mines
have been discovered at Cripple Creek, aud
We have some rich gold mines at Camp
Greek and Fuiford. The Cripple Creak mines
are turning out gold at the rate of from
etSht to ten million dollars q year. 7 viz
Tied two Of the greatest minas there iurinz 2