The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1895-01-16
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commonwealth VIII ever uc Iuuu-l-co.
equal with the measure Of love and
devotion born to il by its citizens.
The respect of mankind for n state
can no more rise above the respect of
the state for itself, than can can pub
lie respect for man rise above his
own self-respect. The life and cx-
perience of Kansas has fairly verified
the legend upon its great seal as an
inspired prophecy. 1t has, indeed,
climbed up TO the stars through diff
fculties.' In its progress it mas met
and mastered obstacles that would
have crushed and conquered less
forceful and self-rcliant civilization
II was born of an idea and grew upOn
the food of a grand purpose pur-
pose no less than the great idea OF
universal freedom"
The governor reviewed at great
length the history of Kansas, and
said among other things:
There can be no more conn plete
refutation, no more emphatic con-
demnation of the organized and per-
sistent assaults upon the fair fame,
good name and business credit Of the
people of Kansas than is found in the
simple recital of facts have given in
your hearing. In the light of this
record of phenomenal progress
let every lover of the state,
every one with faith in its future,
gather comfort and courage. In
II we learn that through all its trying
vicissitudes Kansas has been true to
it's motto and gone steadily on it's
course up TO the stars Its credit as
a commonwealth is the peer of any
of its sister states. A Kansas state
bond would be as eagerly sought by
the investor as a United States bond
IL put upon the market to-day. Its
outstanding debt is but $3.50 OGO, of
which S433, 600 is in our state treas
ury, the property OF the school fund,
and but S256, 900 held against il by all
the world without And over against
this we have taxable wealth, the ac-
emulation of but thirty four
years, the cash value of which
is Sl,sOO, OOO COO The day of ten
per cent school and municipal bonds,
selling at eighty cents of their par
value, has long since passed. Such
bonds now, bearing per cent inter
est, will find their par value waiting
them at the door of our own state
treasury, or in the open market.
Private credit, which has been the
chief sufferer from this credit
destroying crusade, is being rapidly
lifted up and strengthened by the
payment and cancellation of obliga-
tions and the changed sentiment of
the people in regard TO both ability
and duty to pay their honest debts.
The time | believe to be close at hand
when Kansas securities, public
place beside those of the
most favorable sections Of our whole
country. If we are faithful to our
selves and live up to our opportuni-
ties, the average life of farm mort
cages will find abundant money seek
ing investment in their renewal at no
more than five per cent interest, and
that without commissions. But to
accomplish this we must cease talk e
ing about reputation, and we must
show an earnest purpose to pay our
obligations by striking from our stat
ute books every law that has been
enacted to delay and hinder the collec-
tion of just debts 70 accomplish
this is the first duty and should be
the determined purpose of every lover
of his state"
THE STATE OFFICERS SWORN IN.
Having concluded his address, the
new governor, turning to Chief JUS
tice Horton, said: "Mr. Chief Justice,
am now ready TO take the oath Of
Office as governor of Kansas
Chief Justice Horton, calling upon
the vast multitude present TO witness
then at 1925 o'clock administered the
oath which made Major Morrill, gov
ernor and Lorenzo u. Lewclling an
| ex-governor The latter retired and
at the suggestion of some body in the
crowd, three cheers were given "for
Governor Morrill, and for Kpnsas.
Chairman Warner appointed Speak
er Lobdell and Senator Scott to pre-
sent the new officers TO the chief
justice aud commencing with Associ-
ate Justice Johnston they were sworn
in one by one, the last being Edmund
Stanley, the superintendent of public
| instruction.