The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-09
KANSAS COMMENT
4 PoPuL1srs VIEW.

All this trouble which has upset
business conditions Throughout the
country during the past ten days orig
| mated in Wall street, among the hon
| est dollar" advocates who shouted re-
pudiators" at the west few years ago
when the people demanded more ana
cons equently cheaper dollars. Tnen.
wall street was very inslstent that an
| obligations should be paid in the same
| sort of dollars that had been loaned.
At that time the west owed the east,
the producer in the west coulo puy d
, mighty small pile sof dollars with ms
products. The west demanded an m
crease in thefvolunie of money. Wnlcn
| would make the dollar cheaper and the
products of the farm and the rancn
| higher. The denizens of wall street
grew black in the face shouting re-
| pudiafors's and fifty dollar at
| the debtor in the west. Wan stree.
| insisted that all obligations must pc
paid in honest dollars, IN ooilars
good in Europe" Since then change
has come over the: country. The vol
ume of money has been greatly IN
creased and while Wall street has been
busy juggling the stock markets ana
sand. the west has been growing rich
off the products Of the farm ana the
ranch. Through banks of the west
| much of this money owned In the west
has been deposited in the banks OF
New York. subject to draft by the west
ern banks. The events of the last ten
days prove thatSthe real repudiators or
the country are not in the west, put II,
Wall street. AT time when much OF
this money was needed in the west TO
move the crops and when Wall street
also needed the cash to keep up their
stock jobbing operations, the panks OF
New Y DIRK got together and refused 10
honor the drafts for currency drawn
upon them by their western deposltors;
The banks of thes west had mllllons OF
cash on deposit in the city, but Wnen
Z haxy 40 1r-af tcs fn dnancferS
of Wall street paid them In certincates
of deposit, instead of cash. VINO are
the regulators now? All the tfoupie
brought upon the country in the last
few DAYS is chargeable to the repudia-
tors of Wall street who wanted 70 pay
their obligations by issuing certificates
acknowledging their indebtedness.
Mankato Advocate.
NO SCHOONERS THERE.
If the ROYAL Swedish Yacht club
comes over and wins the American
cup, says the Topeka State journal,
Mcpherson to run a race with prai-
rie schooners The Topeka State
formal is undoubtedly under the i'm
preston, that prairie schooners are
still in vogue in MCPHERSON county.
Not so There are hundreds OF NC
Pherson county citizens who have
never seen a prairie schooner, unless
at the Worlds fair or at some wild
west show. Should L1ndsborg cnaI-
lenge- Mcpherson a race, it would
undoubtedly include. the best ,automo-
biles in the country, coursing over
straight track fourteen miles in length
as smooth astcity: paving and lined on
botlpi sides with beautiful farm resi-
dences and tho richest farm land in
acknowledgements Republican
- -Sst s----O- -t.-. J., ar, . !
+ THE ABSORBING TOPIC, ~
These are sad days for the Wichita
eminent by com mission. He finds his
listener gazing away with a vacant ex7
4! preston, and hreakfhg into the diaT
klogue. with this expression How long
( do you think # Will last: will: we be
tied up all winter Pr. And, the patriot,
who generally worries very. little
about business matters, finally walks
Eaway to hunt for some man who,- is
more interested in changing the. city
government than sin thea vulgar eques!
ltion of money.-Wichfta Beacon.
| ~. 20 q
n A BOUQUET FOR JACKSON.
Attorney General Jackson does not