The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-11-09
Review of Business in okla
homa by ]. H. Wheeler
BANKS HAVE S20,000,000
How Oklahoma Handles Sc
Curity for It's Loans.

&SSoclatlons AIeS4GcnL j. n NAeeleI
said:
Whatever pleasure has been given me
by being permitted 10 preside at this
meeting, there comes now a task which
I enter with fear and trembling. You
have had the pleasure at an previous
meetings CT listening 10 al address from
the executive officer that has been both
instructive and entertaining.
The subject is 50 broad and great that
a master should handle it. had the
good fortune TO be present some years
ago at Guthrie, when this association was
organized, and were to tell ali that has
happened to cur profession from then
until now, it would be the simple story,
Progress and Prosperity.
I'VE had fifty banks then. and now
there are one hundred and fifty The to-
tai deposits was then seven millions ana
it is now over twenty millions. The his
torian viii not have a single line in his
narrative that is not OF commercial de-
veiopment and prosperity for our profess
sion, as wen as all others
The day Of the bad man and the from
tier has gone from the borders Of OKLA
bona. The citizen does not SOW TO reap
a crop cf suckers. The business man does
not invest with a view Of a better offer
for speculative purposes, but the COM
nuniry in which we live has settled down
with its shoulder in The commercial col
lar for one long pun for equality, if not
superiority in cur sister states of the
west
Il am going 10 offer suggestion to
you OF peculiar condition existing in
Oklahoma unlike any other American
commonwealth that has ever been form
ed. and still truly American. Some Of
the best sons Of all the states in the
Union have been drawn 70 Oklahoma a.
most simultaneously. 20 all from
Texas, our good sturdy friend from
Massachusetts and New Hampshire
'calkerlated that he would come out
west'-2nd he has never returned. The
miner from Bun Hll. the Gentleman
from Kentucky. sab, is here. SAN The
Swede from North Dakota. 'Ha tank ha
Ike Oklahoma pretty good.
The stGrdiness of the north and east,
the swiftness Of the south and the swift
ness of the west are fusing here, and the
result is going to be something beyond
the ordinary.
There is forming a community that is
going to make state with charac teris-
ties peculiar to itself. Oklahoma viii not
he like kansas; it viii not be like Texas.
or the east or the north or the south. but
the composite Of az sections of our coun-
try win result for good as has the COM
posite Of all the great nations of the
world made this beautiful nation of ours.
Il have been awcv from home and have
been asked many times by the bankers
81 the older communities: What do you
do IN such new country TO get security
for your loans; where 60 you set your de-
posits2 11y answer has been that the
country was productive and The citizens
producers.
'Whne the banks in the great CONNER
cial centers have for their customers and
clients the Captains of Industry. the
country bank or the oklahoma bank has
for its customer the 'Privates Of Indus
try. or the man behind the commercial
gun.
If. on tomorrow in your ride about
the city YOU visit She cotton compress,
the mills the stoez yards and the schools,
you viii hnl that when this gunner fires
he lands bale OF cotton in the orient.
a load Of beef in London or a barrel OF
-four in Norway and Sweden, and his
common schools are sending mp to date
material 10 the great universities. He is
one . the bauders Of q founGation upon
whicn a great national commerciaI struc-
ture IS erected that makes possible
Captain Of Industry. and when such
condition exists there are deposits for
banks; ana securities for their loans: and
needs watch these conditions as closely
as the bankers. lie is "a factor in it and
h has au influence He can drive The
bad man 10 The rear- lie can help pro-
mote and prosper the GOOD. honest solid
business man. ard hy So doing he can
avert that melancholy retrospect 1So3.
Oklahoma IS fortunate IN her geo.
graphical and commercial positions.
There is no longer amy frontier states
or territories oar wonderful civlza-
ton has already captured oar whole con-
tiuental domain, We are in the center Of
the great southwest. with resources. de-
veloncd ard andevcloDed. equal TO any
section Of the west.
we are in quick and easy communica-
ton witn an parts Of the country. with
an its commercial and business INT rests.
We have reached q polat where no raa-
read system can afford IL miss the trans
portation of the products we are capable
Of furnishing to lhe markets II the
world. ari more rilos ii railroad are
nov, Being constructed 81 ck'ehema shan
50 any ether section Il tne ccaatfs
'The tide n irlie.-,ion IS row - the
vest. We are s. lae Path Of empire.
and orr the hiehvav ~ rrr.ress Seq bv