The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-02-15
, gave him the impression that they were
only temporarX or real and fixed.

gave him the impression that they were
only temporary or real and fixed.
Business is good everywehere," he
replied. II think that business in the
Northwest, right here at home is as
good as it is anywhere. The United
States just now seems to have large
amount Of money coming out, which
has heretofore been boarded. There
is more money in the country, practi-
cally, than there is use for; there is
more and more money coming out all
the time than the people of this coun-
try can use. 1t may surprise some
people, but there is really a great deal
OF Western money coming to the sur
face. find that up in the Red river
valley farmers are loaning money nm
improved farms, and that in localities
Where a few years ago farmers wanted
mortgages taxed they now want the
tax taken off, because they are them
selves holding the mortgages, and that
is a different condition of things from
what existed a few years ago. The
clearing house returns and all the fig
ures which measure the volume of
business being tranacted indicate an
immense increase in the volume Of
trade"
Mr.. Hill was here reminded of his
statement made about the first Of the
year as to the large amount Of Amer
INoi iliOllty DelllS lOdneO aDFOdO, anu
he was asked whether this condition
still existed. He replied:
There is still ye amount of our
money being loaned to Europe. Good
securities are very scarce, and every
thing that America can offer of this
kind is eagerly taken. My judgment
is that if our people can, within a rea-
sonable time, cease this agitation of
the standard of money, and let the sub
ject alone, capital will begin to seek
investment in long time loans, as for
instance, on real estate, upon which
higher rates can be secured than on
security on personal property, mer-
chandise, etc. / think, also. that this
end could be quickly reached if we
system; but the people had better be
very cautious about improving our
present system until they are sure that
they are agreed on a better one"
How did you find sentiment with
respect to our present international in
terests?'' Mr.. Hill was asked.
This Cuban matter hangs like a lit
tie cloud in the sky" he replied, but
l do not think our government will
make any trouble over it. / think Pres
ident Mckinley is inclined to be eau
tious The fact is, we do not want
a, mixed population like that compris-
ing the island of Cuba. 1t would re-
quIIe Zo,UUU IieIl, at least, TO
order there for the next ten years
Twice that many Spaniards ar1 more
have not been able to do it during the
past two years. They are not fit for
government as they stand today.
It might be a good thing if all the
Cubans would go to Mexico, as that
country seems to be the proper place
for colonization Of Spaniards in North
America
Mr.. Hill said he did not meet Presi-
dent Dole, of the Hawaiian islands.
while in Washington. II think there
will be something done about taking in
the people Of the Sandwich Islands. :"
he said. "A sentiment exists that it
would, perhaps, be better to let them
alone, except for the reason that the
strife for territory in the Pacific ocean
is so great that, if these islands do
not come into the possession of the
United States, they will go to some
other power, and our people are com
Ing to believe that it will be we'll for
US to hold the islands and fortifv
them as a protection to our enormous
sea coast, rather than maintain a
larger navy, as we would be required
to do If they went into the possession
or some other power. The islands
themselves are self-supporting, and
they are all right. With the Hawaiians
In the possession of some other coun-
try, the demands upon our navy would
pe twice as great as if they belonged
10 us, and the expense would be
greater than If we should take and
iorti1y them as our own