The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-07-16

Considering the high average of de-
posits in Kansas banks and the
plentiful crops, there is no reason why
money should not be fairly easy during
seem to have been affected in the least
by the financial condition of the east
and the market speculations''
Kansas will hold it's own this year.
said G. E. Hawley of the First National
bank. "A wheat crop as large as we
ever raised is promised and with other
crops in proportion the depression in
the east will not affect conditions here"
RICH MANS OPINION.
Kansas has the best wheat crop she
ever had and the prospect of a three
quarter corn CROP" said Charles ].
Devlin, reputed the wealthiest man in
the state and the owner of the First Ma
tlonal bank, and this, with the album
dance of cattle and hogs which she
has, will furnish the railroads with good
business. and they in turn will be able
to pay dividends on their stock and in
terest on their bonds. The depression
in Wall street will iron out all right
1t will stop the unlimited expansion
which has been going on for some time
to the detriment of the rest of the coun-
try and will result in good to the en-
tire country. Granger stocks and
granger bonds, backed up by good
crops are a good investment whether
made in Wall street or in some other
part of the country"
kansas and her people," said Frank
P. MacL-nnan, editor of the Topeka
State Journal were never in better
condition than they are today. The re-
cent flood was merely an incident, so
far as the state goes, and affects Kan
sss as a whole about as much as bad
fire in Harlem would affect Greater
New York. Today it is learned we have
Il million more cattle than a year ago
and 100.0 600 additional swine. The wheat
crop now going through the thraShers
will yield 100 million bushels, the great
est ever harvested in any state. Ine
report of the state bank commissioner,
issued last week, shows more money in
our banks than ever before-Se3 per
capita. The state owes no money, eX-
cept school fund securities.
NO EASTERN MONEY NEEDED
Our people really have no occasion
- SO east for money for any purpose.
We can and ought to handle our own
bonds and mortgages, what few of the
latter are left We have been victims of
high interest rates and the only reason
we have not purchased our own Secur1-
ties to A greater extent is because we
are not content as a rule, that our own
money shall earn but 4 or per cent
For so many years we paid from b
to u per cent interest that now. when
we have the money, we hate to let Il go
Mt half the old rates. We have mad no
chance to play even with our old cred
itors.
IF eastern borrowers are anxious for
ready funds and will pay us the prices
10 Yaid them or rates approaching ones
+1,.tJ forroerlv charged us. we will give
49,, - 80, irind Of flood from Kansas
and our Golfers will overflow into New
England and the middle states.
1.-THE conditions in Kansas fully war
.,,,+ +bse statement which is not a
-ajn+ad nictllre but practical plan
for the relief of the unfortunate none
to-.,, si+uatio1 in the east The very fact
that VIC are not calling on the east for
funds has deprived the east of that
..e,,a1. ioo,oe Receipts are lighter de-
,lIu,,d. sIiebt and prospects bright, for
US"