The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1892-10-21

1885, 1887 and 1888 had enectuaIIy
shaken the confidence of eastern capi-
talists in the ability of Kansas farm ers
to pay 10 per cent interest on borrow
ed money two years before the people
party was organized. Hardly a loan
on farm lands had EeeH made in Wes-
tern Kansas since 1887, to tile present
year for the very simple reason that the
farmers had not paid the interest on
the loans already made.
While the corn crop OF 1889 was
good the price was 50 low that the
farmer hardly obtained the cost of pro
ductiOn for his crop. The corn crop
of 1890 was almost total failure, and
the wheat crop was below AN average,
so that up to that time, the crops had
not been sufficiently abundant, TO
restore the confidence of tile eastern
money IoaneUs that had been lost
through previous UnfavorabIe crsp-
conditions, and in the summer of 1880
when the peoples party was first organ
lied no money was being loaned in
Kansas by eastern capitalists and meme
had been for Il period OF two years,
50 that the formation and success Of
the peoples party was not the cause
Of the refusal of eastern capitalists TO
make further loans in the stale. But
the ''stand-ups" say that since tbs
good wheat crop OF last year and tins,
the money lOauors would renew the
loans coming due and make new loans
if they were assured the peoples party
would be defeated this fail, which
they will not do if the peoples party
! is successful. The fact is, however,
that the loan companies are and have
| been for months renewing loans that
are due in every case where the
interest is paid Up, and new loans are
being made at lower rates Of interest
rs far west as this county, notwith-
standing the almost absolute certainty
that the peoples party Will carry the
state by large majority. The fact
is the eastern money lOaners learned
months ago that the republican speak
CTS and editors were sIandering and
lying about the good faith and intelii-
gsnce Of the people Of tile state, and
now pay no attention 20 their IibelIOus
tales. After the legislature met in
1891 the republican papers set up such
a lugubriOus howl about the alliance
hOuse,and the measures passed therein,
that the loan companies in the east
became somewhat alarmed as TO the
safety OF their loans in tins state,
and to assure themselves of the real
state of things in the state, they sent
"a number Of detectives into different
parts Of the state, with Instructions 90
hire out as farm IabOrers and mlngie
with the farmers as much as possible
and learn whether or not there was any
disposition on the part OF the farmers
to in any manner rspudiate their debts,
or to support any legislation tending
to such a result. These detectives
reported in every Istauee, that tile re-
publican statements were base lies,
that there was no foundation what
ever for their charges, and that no
thought OF reputation in any form
existed in the minda Of the people, and
that the loans Wers as safe in Kansas
as similar loans in any other state.
The result was that the confidence Of
the eastern money loaners ia the hon
esty OF the people OF Kansas which
had been temporarily shaken by the
republican liars was completely restored
and money is now being freely loaned
in the state wherever the crops are
considered sufficiently certain to insure
the payment Of the interest as it
becomes due, without reference to
political probabilities.
FoR sALE:-Twenly-oighs head of