The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-11-18
TURN TO The west
Capitalists Plan to Send Colo
MES to Kansas.
This State Selected After q
Thorough Investigation.
NOW BUYING LANDS.
Taking Tracts of from $500
Acres Up.
Now Negotiating for $4,000
Acres in Pawnee.
NOW BUYING LANDS.

A large syndicate of capitalists is be-
of encouraging immigration to western
Kansas and the colonization of large
tracts of land on the western edge of
the wheat belt.
The capitalists who are interested in
! the syndicate are the same who formed
a similar organization a few years ago
for the purpose of colonizing the north
west in the Dominion of Canada. The
farmers who were induced to go to Can
ada have found that the wonderful
stories told of that part of the country
are not altogether reliable and the capt.
talists who were interested in imrnigra-
ton to the northwest found that their
investments were not as good as they
might have been.
After finding that the northwest was
not the country for the capitalists to
| invest in the moneyed men sent repre-
sentatiVes through the west to seek
section of the country where profitable
investments could be made and where
farmers could make a success. The
special agents of the capitalists Travelled
extensively in Nebraska, North and
South Dakota, Texas and Kansas. The
reports were that western Kansas was
the place for the capitalists to invest
and as a result the syndicate is being
formed and large tracts of land, for col
onization, are being bought in.
The syndicate will give attention
mainly to wheat lands in Efodgeman,
Pawnee, Edwards, Barton and Ford
counties and will also buy up large
tracts of cheap. unbroken lands in
Mead, kiowa and Finney counties.
Senator John T. CLANCY returned to-
day from an extensive trip through
western Kansas. There he found the
agents and representatives of the Chi
cago syndicate buying up large tracts
CT land kansas is going to get the
immigration that has been going to the
northwest in the last three years." said
Senator Clancy. THE farmers from
the states east of the Missouri and Mis-
sissippi rivers who are seeking new 10
cations where land is cheaper, will come
to western Kansas. The large Chicago
syndicate composed of the capitalists
who were responsible for the colonial
ton of the northwest have decided on
western Kansas as the place for invest
ments and the result will be that west
ern Kansas which has been undergoing
a steady boom, will feel the effects much
more
This will not be a boom on fictitious
land values such as Kansas expert
enced a few years ago, but 1t Will be
carried on in a conserve tive manner by
business men who wish to get out of the
speculative market and invest in pro-
perty with real value. While In western
~
which prove this. One was of an in
weston who wished to trade 100000 in 6
per cent railroad bonds for $500.0OU
worth of western Kansas land. Another
was of a capitalist with $25O,Ooo in rail-
road bonds to trade for wheat lands.
"A Chicago banker, who was in Paw
nee and Barton counties buying land,
told me that Chicago banks were recelv-
ing hundreds of thousands of dollars
this fall, from western Kansas banks, 10
be loaned and invested in the east. Such
facts as that prove to the fasteners
that Kansas lands are productive and
will make good investment. There are
many individuals in western Kansas
now seeking investments. They want to
buv tracts of from $500 acres upward.
They know that wheat lands do not
produce record breaking crops every
year but they do know what Kansas
wheat lands have produced in the last
few wears and they are anxious to own
such land"
The Chicago syndicate is now negor-
iating for the purchase of a tract of To-
900 acres in Pawnee county. When the
tract is bought it will be divided and
sold in farms of $50 to 800 acres and
upwards. The investors will get the
land cheap by buying it in such large
tracts and when it is divided will sell it
at profit.
The syndicate has begun to advertise
extensively in Illinois and Iowa and
soon farmers seeking better opportun1-
ties and cheaper lands VIII be sent to
western Kansas to look for locations.
The syndicate is pointing out the fact
to the farmers who own land in Illinois
worth 500 an acre and land in Iowa
valued at $75 an acre. that they can
make a greater profit in Kansas with
lands worth $40 an acre than they can
in raising corn in Illinois and Iowa on
land worth 500 and SIS an acre and