The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-12-30
LIES ABOUT KANSAS.

Our eastern Slanderers, who for the
most part consist of suckers whose
western agents wasted their money or
poor securities, and who forget, wheI
they are pouring their tales Of woe into
the ears Of eastern editors, that those
same identical agents in a majority OF
the cases that have been defaulted had
persuaded the borrower into taking the
money; these, together with all others
We say, are going TO open their eyes to
the fact, some day in the near future,
that Kansas, of all the western states,
is the soundest financially: that. taken
| as a whole. or by per capita, the state
and its people are less debt-burdened
| and have more to pay with than any
other of the western states. The politi-
cal editors of commercial journals, the
financial office grabbers, and all that
herd and horde who have been venting
their spleen upon, and laying at the
door of Kansas their disappointments,
are going to run up against the disa-
greeable fact that they have been lying.
The unerasable black figures are going
70 loom up opposite their strabismatic
optics, disclosing the stubborn truth
that Kansas debts are fewer, that
Kansas interest, individual, corporate
and municipal, is more promptly paid:
that Kansas banks are sounder, and
that, taken altogether, Kansas people
generally have more money, less power
ty and are more independent, comfort
able ad contented in this drastic era of
depressions and Of collapses than any
other western community, whether it
be Pop, @. o. T., or DemO-Goldbug.
Only yesterday the Eagle quoted from
the balance sheet published by the
London Economist showing that out of
between four and five million dollars
loaned by one London corporation to
the farmers of the west there was less
than twenty-siX thousand dollars of de-
falcatiOn. Something like one million of
this was in Kansas loans. The New
York Commercial Bulletin but few
days ago attempted to make showing
against Kansas, but to do so it lied in
the face of the plainest figures and of
well-kDOwn facts. In beWailing the
Popism of our people and the Socialis
tic tendencies of the Sunfiower realm
it made the prediction that the world
would see Kansas banks going to the
wall while like institutions in the Re-
publican state of Illinois would indicate
only that soundness begotten OF conf
dence and prosperity. Within a week
the great fifteen million concern of Chi
cago closed its doors, precipitating
wreck and ruin for others. Following
that there were three or four other
banks. the president of one of which
committed suicide on Saturday last.
Then came the closing of the doors of
the Atlas National. Again yesterday
dispatches brought the news
of the collapse Of another Illinois bank
at Batavia. In addition to these were |
accounts of bank failures at Milwaukee |
and Minneapolis, Minnesota. |
up with concern at indie |
pendence, Missouri.
Action and reaction are equal. and |
the latter never fails of following the |
former. Kansas, in everything that she |
is, and in all that she has, is down to |
bedrock and has been there for many |
months. She had reached the bottom |
Of her busted boom before the other
states had commenced their decline,
and there is only one way left for Kan
sas to move, and that upward. and no
amount of political prejudice or lies
upon the part of outsiders can, in any
marked way, harm or hurt the state.
It is no longer question of reputation
Jr even of credit, but of hard-pan. of
lard facts and cold cash. and in these
particulars Kansas is on the ground
loor.