The record-union., 1896-12-05
HOW KANSAS Is SUCCEEDING.

The Baltimore Sun comments upou
the policy Of spoliation that has oeen
preached and carried into practice In
Kansas In these words:
Populist orators have led the masses
of voters to regard persons who nave
loaned money to develop the farms and
other properties Of the State as odlous
persons who are to be stripped OF all
right Of repayment The Eastern In
vestor," once a welcome lamb, fiat
tered and admired, Ii now depicted IN
the Kansas press as q malicious and
heartless conspirator against the tnno-
cent Wasterner. Capital and capital
lists are denounced as unspeakably
mean, selfish and unjust for expecting
repayment. The whole, machinery OF
the State government-legislative, ju-
dicial and executive-has been changed
by popular elections in order to break
the contracts of the people with out
siders.
The result of such teachings and
practices is, Of course, what cool-headed
people knew ell along it must be. Cap
ital needed In Kansas is taking wings
and flying to safer quarters. Men with
money to invest, small and large own
ers alike, speculators and those who la
bored and sweated to save-they are all
capitalists-refuse to put any more
property in peril. Immigrants have
ceased to come In because their indus
try cannot secure the necessary CAPT.
tai to put and keep it in motion, while
many old-timers In the State are de-
spairtng Of patience and arranging to
has something is not looked upon as \
public enemy and onA to be despoued
of that he has
AS the Sun" wittily puts 1t, " Bleed
ing Kansas is bleeding again." but for
very different reason than formerly.
The Populistic press sees what is 60
ing on, and admits it, but instead of
suggesting the remedy that is apparent.
raves the more and declares that the
situation is the result Of conspiracy
to punish the people.
These agitators actually declare that
the men and women who loaned Kan
sas the money she asked for. begged
for, and which was not proffered with
out the seeking, made the advances in
conspiracy to rob, by insisting that their
property should have the reward Of
interest for the rental use Of 1t.
It seems to never dawn upon these
agitators that no one compelled them
to take the creditors money. That
they were all free-will agents and might
have left the coin In the purses of its
owners Just how these men expect to
induce capital to come back and REIN
vest, or forego the interest, or surrender
Its securities without consideration, by
abusing the men and women whose
money these self-same alarTnists asked
for and took, we cannot understand.
Out here on the Western confines OF
civilization we do not induce men to
invest with US and put up manufac-
tories, or advance great Industrial
ing them and denouncing them as cut
throats and conspirators-that Is to
say, sensible people do not, for, unfor-
tunately, we have some who employ
the Kansas tactics. But, as a rule, we
do not stroke q cat the wrong way.
And here we come upon q bit Of news
that is significant. According to the
Boston Herald" no less than twenty
two savings banks In the State of New
Hampshire have failed in the last
eighteen months. with deposits Of ST.
100000. The depositors will lose In
cold cash no less than $4,000. 900, every
cent of which was sunk In Western in
vestments, and in just the places where
these same New England small savers.
the class that most seelks the savings
bank, were during all the laxt campaign
abused Like pickpockets, and told that
they are Shylocks and Tlrpinites. These
people were, In the main. Woodworking
mechanics, clerks, small property-own-
erv. servants, factory hands and Wild
ows with small portions that needed to
be put at work earning interest that
they night live. II this, says an East
ern contemporary, is the condition a.
to small savings bank investors, what
must be the state Of large investors who
sent their money ''out West In re-
sponse to the solicitation of Western
landed proprietoEs. manufacturers and
tho like
II the Kansas people really want to
kill off money-lending for Industrial
promotion, they are pursuing precisely
the right course 30 far a. the effects
upon themselves viii be concerned. Let
them keep n UP. and It viii be but a
vsrv e1orf $sy,,A until 4hay will ceax> 20