The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-10-12
AkLONDIkEIN WHEAT
PROSPERITY HAS COME To THE
FARMERS WITH A RUSH.
High Priced Wheat and FRENZY oA
IL Ha. Paid Mortgages and other
Debts, Bought Them New CLONES
and Left n Balance in the Bank.

Special Dispatch 10 the Post-Inteliigelcer'
TACOMA Oct. u-Tnitsd states MAI
shall c ". Ias returned 10 the city too@s
after a months absence IN Spokane Linz
every one else that comes rom tnas -
ton OF the state. Marshal Ice Is MOI :
than enthusiasts ever the coheltloh :.
affairs in Eastern washington, orongh.
about by the immense wssat crop ana
the big prices obtained for the golden
cereal.
Talk about your Klondikes," said MI
Tde 10 the Observation-Disclosures correspond
ent this afternoon. why, they nave
Klondike in Eastern Washington thel
viii distribute more money among the
people of the state than all the Aiaskas
on earth. and without the fear Of starva-
ton On the other hand. nearly every
man, woman and child in the wheat coan-
ties VIII be amply supplied with not oh'y
the ueeessaries Of life. but they VIII know
what IL g once more 10 have gcodly
supply of money In Whitman county
alone the amount per capita for every
man. woman and child win be sa.o"o, while
IN Lincoln county IL viii amount 10 s., 900
and ia waiis wala county II viii run up
10 81 go Most every farmer in these
counties will receive an average or Sl4
net for every acre of wheat grown Could
you imagine OF a mere prosperous con-
dition Of affairs than this.
THE banks OF Spokane absolutely nave
no money TO loan. I know whereof 1
speak. because A few days ago ! went 10
one OF the banks 20 identify a friend who
wanted TO borrow something ike 800.
The cashier told me that he did not have
the money. ]. OF course, thought he was
joking so told him that the man was all
right. but he assured me that the bank
did not have any money to let out, l
asked him the reason. and he said that
for ia IN
getting IS cents a bushel for wheat aver
aging thirty bushels to the acre. and this
year they were getting 70 cents for wheat
that averaged forty bushels to the acre.
consequently II took mere TO carry the
farmers ard the bankers had put every
cent into the carrying business. In
Walia Waiia l understand that they have
over N,oe0 coo in the banks and are willing
10 let any amount OF it out al per cent.
II VIII cite you incident to show
how farmers We're pulled out of the hole
by the return OF prosperity and dollar
wheat. man owning a farm went into
Spokane during the early part OF the
year and went TO one OF the mortgage
companies with the following PROPOSE
ton: I have farm on which I owe
about 5000 and besides that 1 owe about
$500 personal debts. IL you will advance
me the money l will deed you the farm
The mortgage company refused and the
farmer sought assistance from other
sources without losing his farm, Since
the rise In wheat this same man has paid
on the mortgage, settled his personal
debts. purchased several hundred dollars
worth of clothing, etc, for his wife and
children and has fully slo.0o0 worth of
wheat stored on the ranch. This is only
one OF many similar experiences.
The annual fruit fair is the most sue
cessful ever given in the county both in
y4nfy -.F ~ -.
would be many more people present were
1t not for the fact that a great number
OF farmers have been detained at their
farms harvesting the crops so as TO have
them all I'm before another rain came
along. With all this prosperity In the
eastern portion of the state and the
steady growth Of business in this section,
Washington should make gigantic strides
before another year shall have passed
away"