The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-10-09

ming after fads, of listening to dema-
gogues and cranks, are coming to their
senses. They have in them the making
Of the finest people on the face Of the
earth, and I predict here and now that
in four years they viii have become a
community than which no other in this
country has more intelligence, dlscriml-
nation, balance, repose OF patriotism
Kansas is in a transition state. She
has had her political and financial or
gies. Now she is SOLDERING down. Moth
ing that has ever happened to Kansas
did her so much good, speaking for the
people as a whole and for the future,
not simply for the present, as the col
lapse of the boom, you know. some
years ago It's rise, it's progress, it's
fan are 50 characteristic Of America,
so typical of the national temperament
and national weakness that brought
the whole country to its present three
year period Of stoppage. waiting and
resting. that must devote a para
graph or two to it.
During three years previous to 1892.
when farm products brought good
prices and the country enjoyed prosper
ity, Kansas was attacked with a fever
for speculation The future seemed so
bright that the man who did not turn
his face to it was deemed a fool. Cities
already built were going to quadruple
their population. New ones were to
spring up on the prairies almost in a.
night. Farm lands We're to double in
value Everyone was to get rich The
east backed Kansas up IN this optiIn-
ism Millions of dollars poured into
the state Tor investment or loans Town
SITES We're iald out everywhere rae
tories We're started. Banks We're or
gained. Stores We're opened. Rail
roads and efraaf oar lines vr-ar.a l7li1f
everyone incurred debt 1t was easy
to do, because at every turn was a man
eager to loan money or to sell on time
oteaoy-golng farmers caught the spirit
1hey borrowed money'nol because lhey
heeueu ll' put 70 speculate WIN Ahsy'
too were going to get rich
After everyone had overplayed his
hand, after credit had been strained
for all it would stand, after a natural
wholesome growth OF a quarter OF a
century to come had been anticipated
and discounted in obligations due in
Two or three years, the lnVarlanle col
lapse came 4r came simultaneously
with the nations panic and with the
world descent 70 q lower level OF
prices IL came 100 win Ashp crops
IN Kansas me bottom seemed 70 crop
out OF everything Men VINO tnougnt
themselves rlch woke 10 discover now
poor they We're But the lesson winch
it all taught is now bearing fruit
Things learned in the bitter school Of
experience are Wei learned Kansas
knows more now than she knew TOUR
years ago II she ISM [ SO wealthy ne
people are setting down 1hey are
paying OH lnelf OLD depts ana not con
tfae1lng ne" ones because tney nave
learned 1hae you can get Ileh py DOT
rowing anu also oeca use celPllsl = llol
~ 2e nau' TYP Ailsill iaSs n NsA ~ p.lelA
oue n eli7 sla17' an III m i11l ~ # tis.7
mace 1Iugallly anu NEE llHs o. 2 pll-
satlons a necessity Fopullsn mas zone
some gooa Tor Kansas
mere nave peeh more lOleclos1 Ies OF
mortgages IN Kansas lhslh IN any olner
STATE. anu Fopu llsiA = RS oii'7l pc LOT
4e- y ~ Aiols HiliiS1l1 iioM NJ IS. HiOli-
~ ~ n S-lN 80 TT eiiS A7 .illseA'7
BUSINESS -iis-l + TIT III go
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9io-.7 u -os--is a. = i-ie---- Ao-
anu o-1eii' a. ilis ii'l go
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PIE are s9t1iliA Wv 70 Ni11 ~ 10y
s-ll1l q $50
ion Win AIusaiily anu iliu ustls iiiie
ehey nave Dest pay ny " 80
iHs ne s1liio III ~ money $50
O1l u 'li7 - "a ~ r'-' -
% - lIl1s = is0 q So
deai ne" - u - l--.-. =
lislo' OUT II "as nsal '17I a a. ell7-'l -
= nov Ansy al9 il-ll7 ~ ls779li
ilolsH --iiu 1T : q ills - - T.
ing awaAe IN ii.s iilAiils llom liles
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u a ia anu y =
eale ~ e11e VI - -
ing themselves anu Isslll, Is'lllsl ploIl
u H. In ms "@s -li7li-
q olss uiSeu pressing al 1isal ~
= q lLl1l1 ?" go
Af Kansas NAG Deen ieIu 70 nefselA she
would have come out all right Fopu-
lisrn was at its high tide some years
900 The inte4foance of the state had
+7 $50 ! -r-ls , ~ ,