Arizona republican., 1891-08-30

recorded overthose released. The show ing as to farm mortgages is very grati lying, and the record of the prevlou
 months is fully sustained.
 To-day new feature is added to thi report, being summary of counties o all the reports heretofor published U the Capital, including reports for July This summary covers an average ot threI and one third months for forty-eight ou of sevety-five counties of Eastern anC Central Kansas.
 This statement tells wonderful story of the recuperstive powers and unlimi ted resources of our State, and every true friend of Kansas will, we are conf dent, read with genuine pleasure tht record which is within this careful com pilation of figures from official sources To appreciate this statement fully il must be borne in mind that it covers mainly the summer months,
 DEBr-MAXING
 rather than 2 debt.paying period. Ii required at least 3,0O0, 900 cash to har' vest this years wheat crop, and money had to be provided for at the same time Farmers in paying debts give preference to paying of chattel notes, because of the higher rate, and these are been taken up every month probablp in higher ammounts than the real estate mortgages so that the sl ,500, 900 of farm mortgages paid off by the forty-eight counties in three and one-half months is only q small part of the gain made by the far mers in reducing their indebtedness. | If the reader will check of in map of Kansas the counties represented in this statement he will see that the counties from which no reports have been received would be likely to aver age quite as well. Taking, then, the forty-eight counties as an average for seventy-fve counties, we would have a net reduction of mortgages of 2,300, ,OOO for three and one-third months, or over 5000, ,000 for the entire year.
 If Eastern and Central Kansas aver ages at the rate of $S,000,000 per year during debt making months, months of heaviest cash expenses and least cash returns, and from proceeds to short crop of 1890, with perhaps part of crops of 1889 carried over, we can safely calcu- late that the debt paying will be doub- led, if not trebled during the six months following Sept. l next, when our farmers begin to realize on this years crop.
 Who can read the record of forty eight counties, showing net reduction oi farm mortgage debts amounting to $l ,427 ,O37, or 2919 per cent excess of mortgages released over mortgages re- corded. with crop still in the farmers hands at not less than 800, ,000,0 900 and longer question either the ability or doubt the intention of resident farmers to pay their debts? Who can read this record anddoubt tha tprosperity is rapid ly returning to Kansas, since good crops and good prices are following poor crops and low prices, and since economy and living within our means have been substituted for extravaganza and spe- culationP
 Men who put their faith in Kansas have rarely been disappointed. It is those who remained, and not those who deserted last year that are prospecting to-day. There are many men in Kan sas who will be rich in few years sim ply because they can not sell out what they had last year, Farmers this year are buying farms. The register of Wa baunsee County write that most of the mortgages recorded in July were pur- chase money mortgages made by Wa baunsee County farmers, and that many others have bought and paid cash. This is true of many other counties ot Eastern and Central Kansas. Kansas farmers are showing their faith in the State by buying more land. Their ex. ample will soon inspire confidence in the farmers, manufacturers, and inves- tors all over the land.
 The Capitaiis is pleased to present to the world to-day the evidence that the tide has actually turned 10 Kansas.