The Saline County journal. [volume] (Salina, Kan.) 1871-1893, 1873-11-06

lion between toe Missouri river and the
Mississippi-at the mouth Of the Kansas
aud at Msmphis-the surplus OF our an
nual product Of li6, 000, 900 bushels OF
grain can find its cheapest and most avail
able outlet to market.
Coed Indications.
For many years, the real estate agents
and ethera, in the west, have sought to
influence eastern capitalists to invest
their surplus funds here whore it could
be employed in the Development OF the
Young interests OF the country, and
whore il would At the Same time pay
them a better interest than in the east.
They usually found themselves unsue-
csssfaI, however, or successful only to
the most mesgcr extent, eastern capital
lists bell ewing that there IS always large
risks connected with high interests and
that Investments in bonds and stocks
were always safe. They usually prefer
red the smaller interest Of these invest
ments TO high interest Of western invest
ments because OF their supposed great
est safety.
There are now indications that their
views, like finances, have undergone n
complete revolution. Those who had
made email loans and investments do moi
hesitate TO inform th"ir agents tina, they
arc we'll pleased with them, and daily
many applications arc made for further
information concerning tho west, the
business and relative degree Of progress
Of different western cities, the value Of
real estate, sct., eet., all showing desire
to investigate the west NJ . field tor III
vestmcnt.
Tho panic has brought the west into
bold relief, and has attracted towards 1t
the attention of the capitalists of the
east. While the pet stocks in wich they
put their money 10 have 1t safe have
shrunken to half their former value, and
cannot now pay the interest. Western
lands have not shrunken at'all. While
eastern banks find themselves unable Ia
! resnme currancy payment, many west
srn banks remained open and others
rapidly resumed, and thus came to
the aid Of the eastcrn banks. Tho east
with all our surplus money in its hands
failed, and had to wait for 40 to sell
more products % Europe and on the de-
pressed domestic markets and help her
ont. Our western banks have not failed,
and our merchants have hoen solvent
and good pay, even while those OF the
east are going into bankruptcy, and the
cry Of distress among manufacturing es-
tabl shmcnts is heard almost exclusively
in the east. All this shows that the
west, although stripped Of all surplus
money and already in debt to the cast,
has the rccuperativs energy and resourc'
cs to ride such q storm a. this, even
when the cast, with al! the advantages
apparently in its favor, cannot. ltshows
also that western property is OF a class
that cannot shrink in few days to hall
its value; it is itsolf productive Of the
high rates of interest it pays on money,
and has within it the elements Of fsrtili
ty from which such interest 10 derived
| 1t 10 therefore . sure investment; it il
good always in collateral security for
,nonev, and in . much greater proper
ton than il has heretofore been accept.
ed by eastern capitalists. And better
than all besides,i it is constantly increasing
in value, not in any speculative sense
with . liability to shrink again, but in .
paramount sense, from which there is nc
shrinkage.
Men who have heretofore preferred
shares and stocks as Investments will
find Western lands much safer and mucI
more profitable; and they will find thai
to lend their money to aid tho devlop
ment of Western enterprise will pay
them far better than any investment
they have foand or may ever find in the
East. Kansas City IS being much in
quirsd after, and if people to whon
such inqsiries are addressed, bat halt de-
their duty in the premises, it can but re
sui, in great good to the city. We SHOW
not only . wonderful development O
business, but We show also that it rest
upon broad and deep fcundation-cx
otto growth shows tho wealth Of thu
soil-and may yet be advanced sevsra
hundred fold. Aud still beyond Thu
we have ali the material-coxi, iron
Head, ect ., tor . manufacturing systeu
that none now on this continent equals
Let those applied 10 for information
furnish these facts and the time ia rips
for great good 20 b secu, ed.-JoSr"dI
! Commerce.
| While many OF oar foreign-born citi-
liens arc growling over the tyranny Of