The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-10-16
MATERIAL KANSAS.

of all state banks, made to Bank Ex-
the national banks to the comptroller of
the currency at the close of business,
July 10, 1892. For state that has been
maligned by one OF its leading congress
| men, as being on the verge Of bank
ruptcy, where the condition of its peo-
pie has fallen to such state that ''men
sell their honor, women their virtue and
children become outcastS and crimi-
nals." the data conveyed is gratifying
in the highest degree to all loyal and
faithful citizens of Kansas, and gives
the direct lie to Jerry Simpson and the
calamity howlers who would drag down
the fair name and the credit of our
state for the purpose OF carrying out
their own selfish interests and aggran-
diZement.
The total deposits at thu given date
were $41.661 ,434. 81. The capital, sur
plus, and undivided profits aggregate
the sum of SOS, 263, 06444 Here we find
the two items nearly equaling the popu-
lation of the United State, and giving an
absolute cash result of over $40 for every
man, woman and child in the state Of
| Kansas.
The available cash and exchange OF
the national banks is 50 615. 734, 43; of
state banks, S7.3l4, 94I.63, or a total
sum of 1890, 676.26. Under the state
banking act not less than 20 per cent of
cash reserve must at all times be kept on
hand, and ID per cent under the national
banking law. The amount necessary
for the former is 81, 1857, 76S Oh, and for
the latter, s3,276, 2iS.S5. or total of ST.
o64,0l6.S9 The difference in the amount
required to comply with the law and
the amount actually on hand, therefore,
being an excess of 50, $3.50, 659. 81; or nearly
S9,5O0,0 900 of loanable funds. When we
take into consideration tie vast sums of
money withdrawn from the state within
the past year through fer of adverse
legislative action should the misfortune
OF an Alliance victory overtake this
state. the showing is one Of remarkable
recuperative power and of astounding
financial condition of the people who
have been proclaimed in the throes of
financial dissolution. A glance at these
incontrovertible and official figures midi
cate superabundance of money in the
trade channels Notwithstanding the
lamentable success of our congressional
delegation in driving out eastern capital
and putting up the bars of immigration
and influx of money by their constant
efforts to decry the honesty and integ-
rIty OF our people and the fertility of
our soil, and concomitant advantages.
The Alliance agitators claim this CAPT
tai Is idle for want Of security. Let us
see. if have not sufficient to satisfy the
most radical and conservative banker, or
capitalist, in this or any other state.
We have 10000, 600 bushels of wheat of
the crop of 1892 and 40, 900, 900 bushels of
corn; we have 40, 900, 600 bushels of oats;
we have 600, 900 tons of millet, we have
rye, barley and broomcorn, worth 500
per ton. We have $4,000, 900 worth of
hogs; we have $65, 900, 900 worth of
horses and mules; we have 2,37O,7S6
head of cattle worth S40,00O,OOo Yet
from the pessimistic, pestilentious cal
amity theory, the cattle will die Of
Texas fever, horses of CLAN
ders, hog cholera will decimate
the ranks of the porcine tribe;
weavel will destroy the wheat; corn
worms will lay waste that cereal; fire
may consume all the millet, oats and |
hay, we vet have some other security to |
offer that cannot be destroyed by any
such catastrophe. We have vet left H.
900, coo acres of land in cultivation, as |
fair and fertile as any on Gods |
green earth. We then have uncultivated |
prairie lands, our city lots and buildings, |
our houses of the value of $3.50, 900, 600. |
resources, the machiayelian calumniat-
ing horde of vilifying slanderers who |
misrepresent our fair state in |
congress, have preached and
proclaimed that our conditions
to be beyond hope, that reputation is a
cardinal virtue. and it is inevitable that |
widows and orphans, innocent holders
of our securities, whether it be stock in
the 5000 miles of railroads within our
domain, or mortgages, have no rights
which any one is bound to respect.
With Republican victory in Novem-
Der next millions of capital and thousands
of Immigrants will seek investments and
homes in our state, and Kansas redeemed
and disenthralled from the blight Of
these ill-omened, ill-starred dervishees,
will once again assume her sway of
and welfare, and the reful-
gent rays of integrity and rectitude will
be reflected from the most brilliant star
in the galaxy of sisterhood.