Evening star., 1897-01-30

millionaires. Our people are all capitalists
I'll small way. The moment man has a
little money ahead he becomes 4 capitalist,
and the number of such men increases
every year.
'fYes. 1 suppose you have some evidence
of that in your savings bank here?"
"Yes, we have" was the reply. "Our de-
posits here amount to more than five mil
lion dollars. and we have more than nine
teen thousand depOSitorS. 1t is among such
men that a great par. of the capital of this
country is held, and the nard times which
We have been having have largely come
from these people withdrawing their money
from circulation on account Of the uncer-
tainty as to the money standard. Our
withdrawals began here just after the con-
ventions. The people got the idea that saw
ings banks were not SAFE and they quietly
began to take away their money. They
pretended it was only for their expenses
but 1t was really because they were afraid.
Why, We had Withdrawals here al the rate
of five thousand dollars n day righs alcng
from the time of the convention up to the
election. 1t was only after Mckinley was
elected that they began TO bring the moncy
lack. and now our deposits are just about
equal to our drafts
The Times Improving.
''How about the times; are they really
getting better?'
''Yes, they are undoubtedly improving
replied the Vice President. Money is
cOulIilS Ddch lulO the new 1OTk banks at
the rate of s1O,O0O,OOO a week. Within the
past eleven weeks $4,000, 600 have been
deposited. You could never borrow money
as cheaply you can now provided you
have good security. Why, you can get it
In New York now for two and one-half per
cent year. 1t is true the bankers will
not lend it at that to the west, for they
fear the danger of reputation. New York
capital Is now very distrustful of the
west.
"Wiu the Improvement cont,nuep, T
asked.
Il think SO, without a doubt" replied
Mr.. Hobart. with the Inauguration of
new tariff law which will be passed and
with the making of the duties on goods
specific and not ad valorem the times will
grow much better, and I believe that we
are about to enter upon an era of great
prosperity"
How do you look upon your work at
Washington. Mr.. Hobart? Do you appre-
hend any trouble in fulfilling the duties of
Vice PRESIDENT
II see no reason to fear" replied the Vice
President-elect. don't think the position
Is difficult one to fill. You see, I have
had some experience. I was speaker of
| the New Jersey legislature for two terms
and after that president Of the senate.
apprehend that the work Of presiding over
the United States Senate will not be much
more difficult than that of presiding over
the New Jersey legislature"
You have been in politics more or less all
your life. have you not. Mr.. Hobart?''
Yes" was the reply, but not In the
| sense of being in 1t as business. Politics
has always been a side issue with me. My
partner, Mr.. Tuttle, was an old politician
and was close in the counsels of the party
and this threw me in politics as a young
man. and 1 have never gotten out. 1 was
elected prosecuting attorney when l was
quite young. / was the youngest member
OF the legislature at the time OF my first
| election, and have had more or less to do
with aiding in the management of the party
for years. I have long been a member of
| the national committee and have always
| done my part in politics."
! Politics for Young Men.
| do you think young man ought to take
part in politics?'
| Il believe that every American citizen
/ should do SO. The salvation of our country,
in fact. rests upon our young men. They
should take part in all elections and es-
pecially should they attend the primaries.
| 1t Is there that the chief chances for fraud
| are, and the more we pay attention to the
minor elections the purer will our politics
| be-"
aside from the duty of every man to
take part in politics. Mr.. Hobart. do you
| think 1t pays?'
Yes. do" replied the Vice President
| elect. 1T gives a man new acquaintances
and brings him into contact with business
men and with those upon whom he has to
depend for his living. 1t Identifies him with
| the community In winch ne lives and 1t IL
In all ways good thing"
The. Troubles Of q Vice President. .
asked Mr.. Hobart something as to the
changes brought about in his life by his
nomination for the vice presidency The
| chief one Is In the increase In his CORE
spondence. He now gets more than q hun.
dred letters day. outside Of his regular
business channels. and fully fifty of these
are from people who want charity There
| are churches all over the country who
| write for contributions. Yesterday a min.
lister wrote for money for q new suit OF
clothes, In order that he might attend 8
conference meeting respectfully. The trus-
tee Of q church in Indiana asked for S25t
to pay the arrears of a minister's salary
and put the postscript at the end of his
letter stating that the church still owes
| 81, 600 on it's building, ana that the Lord
will reward Mr.. Hobart II he will send 9
check for this at the same time. There are
lots of letters which come from young
4 Ia =