The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-06-11
SONS STATE CAPITAL VIEWS.

Austin. Texas. June l0.--(stalf Special
Loan agents people with poor lands to
mortgage and candidates in need of catchy
plankS for their platforms are not the only
ones who are pleased with the proposition
10 turn the permanent school fund loose
ib5 bankers would like TO have n whacx
at II Judging from the approval with which
paper suggesting as much was received
at 'he'r last State convention when read
by certain Austin delegate.
but their scheme is more comprehensive
4. 10 not the school fund only that they arc
a.'N!' ou' All the State funds. 1t pains
them to see the State transact i,s o,,n
banking business without giving thcm ;,
vhahce to handle and turn over some ui
.ne money winch passes through It's treas
NY u awful In their sight that moncv
'houiu De Withdrawn from circulation and
accumulated by the State when thew co,iid
hundie II at profit SO nicely.
but This alleged accumulation is an a
as Vn' except as 10 the available school
a"'u, ior there seldom Is large balance
snort 'ime only. What the banks want
~ TO Do made repositories of the state
linus such as is the case in some ,itlss
"uu countess In such an event every hank
VI any consequence would have a candiduro
'ot Sta'e treasurer The victor's bond
Mou'u De made by the bank that o,ckel
MIN ana mat bank would have nice little
nanuins the States business Us long
as nc remained IN office, including ths uss
OF the permanent school fund nj A or
yer cent which 1t could loan out at say
10 per cent, Wv w 'a'
ua' would be putting money In circu-
lauo" WIN n vengeance, but the chances
are that the fr!gidity OF the atmosnhsrs
VIII De much greater than It is at presen, .
'''o'' sueh 'hihg happens in Texas.
There is trouble In sight for paa,e cr,o.,
ana his crowd when the republican state
convention meets. He would like N snc.
coed himself as state chairman. IL 10 nm
derstood. but the colored element is after
MIN and will try to put In one OF it's num-
Der IN his place, Henry Ferguson being
inc faNorite with those who are backing
the scheme.
WEB Flanagan also has an eve ON IN.
lop' IL understood, but he too will se
opposed by the colored brother, who a he
coming sore over the lack OF recognition
when has been his lot in the matter Of
me distribution of Federal patronas-
Locally there Is much dissension In reln,b-
mean ranks. and considerable indecislon
over What course to pursue in the next
congressional campaign. Flanagan, who has
MANIFESTED disposition TO run things since
"a mere rs internal revenue collector.
Is credited with desire to indorse Mash
Jones, while most Of the resident leaders
mvor tho nomination of a republican can
uiaate, What the outcome will be is hard
10 predict, but II may be put down as cer-
tam trat Jones will never obtain a unaDi-
nous Enforcement II the attempt ia made
TO pace The stamp OF republican approval
upon nun, fnrthermore. dual Republican
ab'Vssioun convention may be looked
Tor NECTAR. the legally elected d,sfrie,
chairman, who was decapitated by Greea,
desi,aes TO bow to the latter's edicl aud
WIZ call convention Just as K nothlnr
mad happened. while Brush. Green's an.
Eointee, will presumably do the sane ln,ne
In such an event II will not be h,ri 10
sOess "ha' wiz happen. L.A.E.