Dodge City times. [volume] (Dodge City, Kan.) 1876-1892, 1889-08-08

in the various industries Of the country.
There is much truth as well as some
fancy in the assertions. Fora nuniber
of years English capital has found pro-
ftable investment in American railroads
and lands. and. while some of our trunk
lines of railway are controlled absolute
| " by foreign Stockholders, mere than
90. 500. 000 acres Of land in this coun-
try are Owned By ahen capitalists.
Within a few months, more than $50
600, 900 Of English capital has been in
vested in American brcweries aud many
millions more are being used to devei
op and establish various enterprises in
different sections Of the country. In
the vicinity of Cumberland gap. near
the line between Tennessee and Ken
tucky, $1,000, 600 has been expended
by London company in developing
steel aud iron industry and six million
dollars has been subscribed to continue
the work. From the Atlantic to the
Pacific coast foreign capital is being
invested with freedom that surprises
Americans and leads one to believe that
the conservative English capitalist be-
lieves he has at last found an III Dora
do. Western mines aud ranches are
still attractive, although the uncertain
ty of mining and the low prices Of cat
tie have turued the attention of tire
alien capitalists to other industries to
great extent Now that the tide has
set in il is not likely to be checked ex-
cept by legislation unfavorable to alien
investments By the various states of
the union or by foreign war. What
will be the effect OF large number of
American industries passing into for
eign control is a question SO new to Pc
litical economy that it is difficult one
to answer The employment of Amer
lean labor must of itself be great ad
vantage to US as people, but can We
prosper in si.nply the wages Of our
workmcn while the whole profit of the
business goes abroad? VIII the for
eign crowd Out the domestic capita! and
if so into what channels will 1t 20 to
seek again profitable investment? What
will be the effect on the domestic mar
ket for our agricultural products? How
will our trade balance with other conn
tries be effected? These are some of
the questions Of the present situation
and are difficult OF solution.
The prohibition press of Kansas,
whether or not edited by man Of Goa
sistent record 70. temperance or other
wise, are pretty generrlly charging that
the recent discussion concerning resub
nilsson in Kansas has been promoted and
fossered by the ''saloon keepers" and
gentlemen engaged in liquor business
in Missouri.
Nothing can be farther from the
truth. The whiskey interests of Kansas
City and the state Of Missouri for that
matter is solidly against resubmission in
Kansas; from every business standpoint
it is clearly in their interest that the
experiment of prohibition shall be con:
tlnued in this state Not only is it in the
interest of this class. bat many other
business interests in Missouri are bene
flied by reason Of prohibition in Kansas.
and should the question again come be-
fore the people Gu the question of resub
nilsson, contributions from the "whisky
men of Kansas City and other points
can be and will be secured in the inter
est of prohibition.