The advocate., 1891-01-07

~ Wv AAA"A" AA"NaAH "AhA "N"NN I" WN"A
ago, when / began 10 take steps 10 have
the matter arranged, when / received
from the loan company Che following let
Ter:
KANSAS CITY, Mo-, December n, 1890.
Fred. SChOIer, Barnard, Kan, lincoln Co.
DRAR sIR:-The loan described On the bottom
OF this sheet will mature on the nrst day OF jan
uary, 1891 We do not wish 70 renew the same,
and IL win be necessary for you % make your ar-
nngemcnts Ia time 90 take care OF the loan no
maturity. Should you wish Che abstract, which
we hold, 70 use In procuring a new loan, it will
pc mailed on reoapt OF your request. Resnoct-
fully yOurs. EQUITABLE MORr0A0ECO.
Iregard ! thls as a downright piece Of
vlllainy and ialsehOOd; a neighbor Of
mine has been served the same way.
Whether this is the usual tactics of
that company or whether Il Is intending
70 pour lis holy and righteous wrath upon
the guilty heads Of the hayseeds Of Kan
sas for daring 10 exercise the boon Of
American Ireemen in casting ballot as
they deemed best, am unable 10 say,
nor do care. The fact 10 me is patent
that that company is composed Of un-
scrupulous and lying scoundrels, made
80 presume by the nefarious business
In which they are engaged,
II Is doubtless the policy Of the shy
locks 70 attempt whipping US In line in
this manner demanding the pound Of
flesh when the victim Is least able to
bear the inhictlOn, and then insisting
upon cutting II from nearest the victims
heart-turnlng his family out in the cold
world homeless.
A question In this connection presents
Itself to me; II is this: Can the farmers
Of Kansas be thus imposed uponp VIII
they turn back TO the heshpots Of Egypt
Let us hope not. II ls true II this
policy on the part Of the loan companies
is persisted in 1t will turn rs per cent. Of
the farmers out OF house and home; but
II they renew our loans the result will
eventually be the same; II but shortens
the road TO the same goal, at the same
time tearing the mask from the face Of
this mortgage business and exposing to
the public gaze the hldeous features Of
o II present financial system.
II this course on the part Of loan com
panies is persisted in and becomes gen
eral, would it not be pertinent to ask
Congress and expect Of Congress
the next session TO pass a law enabling
the mortgaged farmer to borrow money
from the government to pay of his mort
gage, offering as security his farm?
The government has frequently loaned
money to railroads, dIatlllers, centennial
exposition, worlds fair, etc. When the
gamblers Of Wall street have succeeded
In creating money panic, bringing ruin
and distress upon thousands Of families,
the national treasury has time and again
opened It's Golfers and poured its millions
into the breach TO stem the tide of dis
tress and ruin brought about by these
gamblers. Why not help the farmer? Is
he not as honest as the average railroad
magnate or stock gambler Does not
the farmers wife and child need food,
shelter and clothes as we'll as the bank
er's wife and childH Are they not as re-
spectablef Is not our need just as
urgent? Can we not offer just as good
and better security II so why not treat
us just as we'll as the above named
classes?