The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1894-05-11
TOPEKA NOTES.
LETTER NO. IS.

|
Special to the GRAPHIC.
Topeka, KANSAS, May 9TH
| We find this remarkable statement
Il the State Jouraa. of recent date:
''All the financial mel and institu-
tions i'll the east who have ever loaned
any money or expect to loan any mon
ey in Kansas are singing III chorus:
The nomination of Major Morrill, is
all the security we want. Elect Major
Morrill, and you can have our money
This is what certain Kansas republic
cans would have the people believe.
1t is all foOfishness, The eastern peO-
pie do not care what good man is gov
ernOr of Kansas, as long as he repre-
sents the party that does not repudiate
its debts. u
| Let's look into this reputation bust
ness in Kansas which seems to haunt
some republicans by day and 10y
night. The following interview was
published in the daily Capital not long
ago which fully explains itself and
shows what party is actually repudiat-
ing its debts under receivership:
General Manager Fry arrived i'll
Topeka yesterday from Chicago. lie
was seen at his home last evening after
the news of the receivership was
received. Mr.. Fry was very positive
that the appointment of the receivers
would result in marked improve
ment in the physical condition of the
road. AS you probably know he
said, 'the step became necessary
because of the roads inability to meet
the intetest due January Ofcourse
this action will stop all interest, and
the entire income under the receiver
ship will be expended OH the operation
and betterment of the roads prop
erty.' -
Then in an editorial in the same
issue of the Capital we find this piece
of reputation from the fluent pen of
that great newspaper slugser, Major
Hudson:
1.-The bondholders and holders of
stock will simply have to wait until
times are more prosperous and the
prOperty's earnings increase beyond
operating expenses. When the road
can pay up its interest and show to
the court that it is self-sustiining and
able to meet its interest demands it
can then he released from the hands
of the receiver"
The following is IN interview in the
State Journal upon the same subject
with J. G. Wilson, one of the receivers
who, it seems, is fully of the same
opinion as the other regulators of
interest and debt. When seen at his
home in Topeka by il .State Joarnal
reporter this afternoon, Mr.. Wilson
said:
Eyes, Mr.. D. Il. Robinson, first vice.
president of the Santa Fe Company,
has been appointed agent of the
| receivers. One thing. however, is
certain, the road will be put in better
shape than it ever was. The money
which was formerly used to pay inter
est will now be used to pay employees,
and build up the road.'
Not long ago The Wichita Eugle gave
publlcat ion to the following utterances
of Marsh Murdoch, who was a promi.
nent candidate two years ago for gov
ernor:
"None but the blind can remain
insensible TO the fact that the country
is bankrupt AMI its individual oblIga-
tions not one half discharged. WHAT
| the country wants is il Judean year of
jubilee, a rubbing out of old scores
and Il new start. A just bankrupt
law might leave Il clean slate within
Il year, but in the absence of such
congressional action no man can see
the end of the present distress"
Here we have some of the ablest
''stand ups in the republican party
actually practicing and advocating
Reputation, yet they have the consul
mate gall to call the peoples party the
reputation party. The populists never
asked for anything except a stay law
on foreclosures so they could pay the
debts rs we'll as the interest. They
do not ask for a law which would stop
interest as the one which seems to be
made especially for corporations, and
one which Mr.. Fry, of the Santa Fe,
gleefully asserts will ''stop all interest,
and the entire income under the receiy-
ership will be expended on the opera
ton and betterment of the roads prop
erty." This process can go on fol- an
indefinite time and the interest repud-
lated forever. Oh, you scheming,
lying, villifying aggregation of YAM
pires. You take the people for fools,
but you will find next November that
the aims of the unnuliSt marty in adu