The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1897-01-12
FOREIGN MONEY.
The Santa Fe Railroad Will See
That
1t Is Brought to Kansas In
Large Quantities,
10 Be Invested In Profitable
Industries.
THE EASTERN CRITICS
viii Find That the Rich West
ern Field
Won't Lie Idle Because They
Grasp Their Money Tight.

For the first time since his appoint
ment, Mr.. James A. Davis, Industrial
commissioner of the Santa Fe, visited
Topeka yesterday. He remained in
this city several hours, taking the ore
portunity during that time of paying
his respects to Gov. Leedy, and left aS
11:30 last night to join party of Sar-~
ia Fe officials who are present on ~
inspection trip over the Southern sd
Southern Kansas divisions of the = z
This is by no means Mr.. Davis >rst
trip through Kansas. For a numI = of
years he was engaged in the invest
ment business in the east, and has
placed millions of dollars of eastern and
foreign capital in the west and south
west. He consequently Travelled much
through Kansas, Nebraska, Colorado,
and the states and territories of the
southwest, and is thoroughly acquaint-
ed with this territory
When appointed by President Ripley
as industrial commissioner, it was with
the idea that he should act the role of
communication between would-be inves-
tors seeking profitable employment of
capital on the one hand, and the innu-
merable opportunities for such invest
ment in western. territory on the other
with the object of increasing the pros
perity of communities along the line of
the Santa Fe and in turn the prosperi-
ty of the road itself. This Mr.. Davis
confidently believes can be done
Just at present we are engaged in
reV1Ving old industries" said Mr.. Davis
last night, many of which are to be
found in Kansas. These industries. for
many reasons, principal among which
were lack of local encourag cement and
lack of profitable market, failed to be-
-
expect to correct.
by finding a profitable market for
Interpretations we hope to stimulate
interest and announcement in the com
munitieS in which they exist, and in
this way place them once more on their
feet.
After this we hope to aid them in
becoming profitable and permanent in
situations. In the majority of cases our
advice to industries in this state to
which our attention has been called, is
to do all that is necessary with capital
secured at hOme-that is, without going
outside of the state. 1 think there is
abundant capital in Kansas, and feel
that this is a good plan while eastern
and foreign capital is as timid as it is
at present. Every body believes in in
veStmentS in Kansas. There is no QueS-
ton about that, and when investors
find that Kansas can take care of her
self it will encourage capital coming
out here.
THE attacks made upon Kansas by
we are doing all we can to put stop
to it. As far as eastern feeling is con-
cerned, 1 think much will depend on
Governor Leedy's message. If he sends
in a moderate message, as we all be-
Heve he will, it will accomplish much
in the way of revulsion of feeling in
the east And, don't you know" and
here Mr.. Davis branched from his
theme to a bit of political explanation,
that every one is aware that a Popu-
list is either a Republican who became
dissatisfied because he couldn't get in
the machine, or a Democrat who could
see no hopes for office, and that he is
not half so bad as he is painted?
THE industrial department. contin-
ued Mr.. Davis, lis an intermediator be-
tween industry and capital and indus
try and the railroad. The Santa Fe
has capital to invest in either new
or old enterprises, but seeks by this
policy to locate the one and foster the
other. We are advertising the de-
p2rtment and in this way attracting
capital for advice and investment. We
are tabulating the different points
along the line of the road that offer
advantages for different classes of in
dustries, and by this plan can immedi-
ately cite investors to particular COM
nnunities and place them in touch with
the people there. We will never send
out a Would-be investor until we are
sure of his standing, and are rather op-
posed to those requiring large bonuses.
From creamerieS and beet sugar
manufactures expect to see Kansas
in the future derive the most of her
revenue. We have been correspond
ing with English manufacturers of beet
sugar in reference to soil and climatic
conditions, and from replies received I
believe western and southwestern Kan
sas offers advantages for the cultiva-
ton of beets for sugar purposes exceiIed
by no other territory in the world. The
establishment of such industries viii
mean the investment of millions of dol
lars, but as soon as foreign capital
makes a start eastern capital Will fol-
low, and there is no doubt that the
investment will pay handsomely. We
will especially aim to see the establish
ment of this class of industry in west
ern and southwestern Kansas.
when a person considers for a mo-
rnent that the only territory in the uni
verse at the present day where profit
able investment can be made is west OF
the Missouri river in the United States
and in South Africa. the industrial pos
sibilities of that territory are immense
In reference to the manufacture OF
railroad frogs at the shops in this city
after thespatent of Mr.. I. R. Moore, Mr..
Davis said that he would bring the mat
ter before General Manager Frey and
General Superintendent Nudge. and if
after inspection the patent oc frog was
found to meet the superior require
nents, steps would be taken for their
manufacture at the shops here.
Mr. Davis also stated that he was in
terseted in seeing a creamery estab-
Hshed in Topeka, as he considered this
city well located for a distributing