The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1892-02-19

Hcan pIutocratic sheet.the CupuaL For
the last two years the C0p,taI has been
the vigorous champion Of the rights
and privileges of loan companies, and
the unyleidiug opponent OF every pro-
position Oh the part of the peoples
party for reform in the present law on
mortgages. The Capital has constantly
Insisted that the demands of the PEG
PIES party for "a reform i'm the manner
IF GorecLDsiUg nOrtgageswere UnreHsOu-
aide a1id unnecessary, and would, If
carried into effect, destroy the credit
of the state, drive capital from our
midst, and bring general disaster and
hard times that the laws now Oh the
statute books, Notwithstanding the
remonstrauce of the late Governor
Martin, were necessary fox the proper
protection of the creditor and the
maintenance Of the credit OF the state.
and that the farmers Of the state who
remained on their farms, and in good
faith, were attempting to keep up the
Interest on their mortgages would not
be fOreciOsed out OF their homes, and
when the legislature was ia session
last winter the Capital supported the
republican senate il it's determined
opposition to every measure for the
relief of mortgage debtors passed by
the alliance house" even though
several Of the bills passed were intro
duCed by a republican member and
supported by republican votes IN the
house.
But now, suddenly, from some in
scrutable cause, the scales seem to
have fallen from it's eyes and it sees
the situation in the same light it was
viewed by tine detested peoples party.
In the above article the Capital gives
the lie to it's former editorials on the
same subject, and repeats and endorses
tile statements of fact and arguments
made by the speakers of the peoples
party in advocacy Of their propositions
to amend the law.
The Capital now says that no amount
of slick legal quibbliug can make this
system leas than downright robbery
| and it should and must be stopped in
Kansas. Just what the peoples
party has said, and for saying SO have
! been denounced as calamity hOwlers.
The Capital also says that .sthe next
republican legislature can protect the
people by making it impossible for "a
mans farm to he taken representing
double OF thribbIe the value of tie
| loan made upon it and the debt remain
unpaid"
The republican party had full con-
| troll of the legislature and state govern
ment prior to the last legislature, and
they failed to do so then, even when
the subject was called to the attention
of the republican legislature by Gov
srDOr Martin, and the present law
! denounced by him In the severest
! terms, the governor stating in his
message that the law should not per.
nit a MANS farm to be stolen under
the guise of a mortgage. The repubIi-
can legislature absolutely refused even
to consider any measure for the relief
OF the mortgage debtors Of the state.
The present system was enacted by
republicans in the interest of the loan
companies, and ut their behest. 1t
has been maintained ia their interest
by republicans in the face of the pro
test OF a republican governor and in
spite OF the demands for relief from
the people. What assurance, then
have tile people that "a republican legis
lature, if elected, wOuld accomplish
the reforms that the republican party
has so persistently refused to maxi
when it had the power? The people
have trusted the leaders Of the repubIi
can party too long to their sorrow unS
they will not, probably, care to expert
] mert further