Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-04-10

property 10 your grandchildren and see
that they have but the income derive
from it, but you cannot keep it in the
family and carry il past them to unborn
children, 1t is bound to be scattered
very soon alter you die This seems to
be the natural law OF the rise and de-
cline OF fortunes. The children begin
where the fathers leave off We would
not have our children undergo the hard
ships which we experienced, and they
naturally do not want them. Now,
have given my Two daughters the best
half OF a million dollars, about 500. COO
apiece, and wish them to have all that
| can give them.
vi their children run through the
money leave | can't help II. If they
do SO they must go back 10 work as |
did. Why"-here the old senator grew
very emphatic ''it they do it will be no
different than what has been going on
since the beginning OF the world. There
have always been great fortunes and the
men who nave inherited them have lost
them. Every one knows OF lob, but
who knows how Jobs fortune was dis
sipated? Where will you find the great,
est fortunes OF the pastr All are divided.
There is no great fortune that | know OF
today that is not being dissipated by the
grandchildren except that OF the Astors
The Astors are very thrifty and they
seem to stick to their money"
THE BEST PERIOD FOR FORTUNE MAKING
"How about your health, SENATOR
You are a very lively man tor eighty"
yes, | feel very well" replied the
old senator. ~ suppose | am so be-
cause was made that way. had
good capital in the shape Of health when
| started lite, and | have seen that hat
part Of my capital has been we ! cared
for. | don't worry, and after | have
once decided upon thing, let it take
its course"
"What were your best working
years"
81 believe | was strongest between
forty-fise and sixty.five. My BRAN was
quicker then and had plenty Of nerve.
l did not get 10 making big deals until
was foity.five. Yes, | consider my years
between forty-five and sixty five as hav.
ing been my prime"
How are times in the West, Mr..
Sawyer"
They are much the same as they are
all over the country. Money is tight and
| business is slow. 1t will continue SO
until We have new tariff law enacted.
| As it is now, We are giving work to the
| people OF Europe and allowing our own
people to 90 idle. We are buying Eu.
ropean goods and sending our gold out
! to pay for them. They compete with us
/ in every way possible. They take all
they can get and give US as little as they
can "
Would you advise high tariff"
NO" replied Senator Sawyer. 81
| don't think we need high tariff, but we
need tariff that will protect. AT pres
ent the duties are made ad valorem in.
stead OF spec fic. Ad valotem means
according to the value or selling price OF
the goods 10 the importer. Now, any
one can lie as TO the price OF goods, and
| the merchants OF Europe make out two
sets of bills. One is for the customs
collector at low price, and the other
| for the importer at the price which he
really pays. Millions OF do lars are
stolen from the government by these
| fraudulent undervaluations You can't
cheat as TO the weight. A pound is
! pound the world around; and II the duty
is charged according to the pounds oil
goods or the gallons OF liquid, there
| would be an enormous increase in rev.
enue. 1t will take time to do this, but
| it must be done before we can have
honest Importation
DO you think we will have perman-
| ent hard timssF'
No, indeed; this country Is bound to
come out right in the end. 1t did look
little bau when Bryan was making
such an active fight. Had he been
elected, we should have had more hard
times for year or so. The next cleo
| ton, however, would have brought
everything all right, and the country
would have gone on with Its old-tlme
| prosperity"
ABOUT SENATOR sPooNER.
"By the way, senator, see that
| Spooner has come back TO the Senate"
Yes" was the reply. "He wanted
the place, and am glad to see him 10
| it,"
There was some talk OF yourself
being the senator"
Yes" replied Senator Sawyer, 81
could have come back to the Senate had
| wanted the position. Wisconsin was
was ready to send either Spooner or my
self. Our relations have always been
friendly, and as you say, Senator Spoon
er has been something like son to me.
| Well, he came 10 me some time ago and
told me that | could have the senator.
| ship If wanted it, and that he would
not contest the seat with me. | replied
that | would think about it. You see,
| did not want to say that would do
Thing and then regret it. did think the
matter over, and concluded that had
had enough Of public life, and that did
not want TO come here again."
How did you happen to come to the
Senate in the first place, Mr.. Sawyer"
81 was rather forced into 1t, replied
the senator. IL had been in Congress
for some years, but did not care much
to 90 TO the Senate. had, in fact, made
all my arrangements to keep out OF poll
tics aud was abont going away to Eu-
rope, when one Of my opponents boast
| ed that | did not dare TO run against
| him for the Senate. He said / was
afraid 10. | sent my son.in.law of to
PARIS in my place, and stayed at home
and won the election to show him that |
could do So"
'.At what time did you first come to
Congress-
at was in 1866"
A STORY OF LINCOLN.
"Then you must have known Presi-
dent Lincolnf'
'Yes. did, and admired him very
much. | had a little experience with