Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1892-06-23

Other. Indeed, there Is more money ia
per capita IN the state OF Montana
where Tie Interest is highest than ia
any other state in the union. We
must look for some other reason. Ii IA
because Of local conditions. Men have
learned in Indiana that they cannot
beat lO per cent, hence they will not
borrow 1t and venture into business at
that rate; Others prefer loaning their
surplus at per cent rather than buy.
ing land at the present value or eupap-
ing in other enterprises, hence the
rate comes down in that state. In
Montana, men believe that they can
Oeat "a per cent in other enterprises.
and the man who has the surplus. or at
least nineteen out of every twenty
prefers to engage in some other enter
prise like mining or irrigation rather
than loaning their money even at that
high rate, hence the interest stays up.
Ihe other day a farmer in this county,
owning a half section of good land ali
IN fair condition bought another tract,
paying $4,000 cash for 1t. Why did he
not loan his money at or s per cent?
simply because he thinks, taking into
consideration the dangers attending
the lOaning of money, he can beat the
prevailing rate per cent by the purchase
of more land. Why does not the owner
OF brick block In Abilene sell it and
loan the money! Because its rental
value, taking into consideration the
the prospect of an increased value and
the dangers attending loaning money.
Will beat loaning money. Why DOES
not business man in Abilene sell bis
business and loan the money? Because
he believes, taking into considera III
the danger attending the loaning of
money that his business will beat the
prevailing rate per cent. And SO
throughout the business world but few
as have said, very few men can loan
money with safety. Again, why is
money cheaper in Missouri than in
Kansas They did not borrow so
much. Outside of Kansas City they
did not Initiate values so greatly. Then
again, they haye have not been slander-
iDg their state. The rabid and false
talk against Kansas has hurt the state
more than our foolish and extravapaut
speculation and that all we know was
bad enough. a few years ago in Kan.
sas, everybody wanted to borrow
money. Everybody favored the most
extravagant municipal indebtedness.
railroad bonds were voted and at our
earnest solicitations the roads built
where they were not needed and where
they would not pay. Bridge bonds,
Jail bonds, court houses, halls-eyery-
body was wild-ihe laws of business
were violated, the financial drunk was
"A fearful spree embracing wellnigh the
entire stale. We awoke at last, we
had u heldache-we had it badly-and
ut our sides were new doctors with new
remedies ana We were just in the frame
OF miud to listen to them. They have
not helped us and cannot help us with
their financial vagaries. But sobern,ss
has returned, reason again is entire n
u. Sid banker to me recently, The
people will not borrow money. Monty
10 lhiins up.in tie banks and IN Il Q
hands OF individuals, confidence is
coming back, but the people themselvts
seem to not want to borrow. Ny answ er
was this, they are sober. The great
spree in Kansas 10 over and
we have sworn off for good. We re-
member the teaching OF our fathers
stay out OF debt. We have
turned upon the highway thar
eads to a greater prosperity
We have learned to spend less money
i an We cam, and putting by a little at !
a time, the Old commercial truth en-.
)Iac ID IN the p,lable of the talents is
read anew and understood: "To him |
hat hath II Shall be given and to him
hat hath not even that which he hath
shall be taken"
But | have talked longer than was
ny intention.
1t is not my purpose to enter into the
discussion Of the issues, fully at this |
line. Between now and November |
very voter in the district will have an |
opportunity to hear me, and no man |
reed stay away from my meetings be.
'ause of any fear that he Will hear his
'arty friends assaulted. | believe
,olitiGs ought to be serious subject,
he most serious of all temporal sub
ests that can engage the attention of
he yoter-l believe political battles
hould be fought out upon the high
'lane Of principle. | believe honesty
Il purpose ought to be accorded to the
members Of all parties. Personal
buse and personal defamation should
i've place to n calm, earnest and
onest discussion of issues.
III there is to be any mud throwing
n this campaign let us allow the oppo-
ition to do it all.
If they call us plutocrats and Wall
treet hirelings, let us answer by point
ng to the living questions to be dis
used, the living and present problems I
D be solved. II they say our great /
'aders are the corrupt agents of the ,
honey power, let us tell them Lincoln y,
nd Washington were traduced as
adly or worse in their day, and in the
lme way.
If they tell us the old parties are
lnupt, let us answer, by showing
nat 1t takes In nearly everybody, and !
Zen show the world is not growing d
Orse but growing better. Let us in
lis campaign make plea for traduced
And now permit me few words of :
personal nature. | have done but }
tile, If anything, toward obtaining y
his great honor. | appreciate it none
le less, and shall strive to meet the
Spectations of friends, and to disap-
Dint my enemies, to the words of
raise and good cheer that have come
, me from all parts OF the state l am ,
eeply grateful, to the Republicans of
iley, Marshall, Washington, Clay, I
cary, Old Republic, Cloud, Ottawa
nd Saline, make my due ackowledg- I
ents and extend my most sincere |
ranks, but while can and do thank