Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1907-11-29
teriai was turned over to the war de-.
partment, and it is intimated that the
aeronaut will be given a commission in
the United States army balloon corps.
POLITICAL
Oklahoma Now a State.

0kldNOIud NOW q 0kdSSs
The state of Oklahoma, which was
formed by the union of Oklahoma and
Indian Territory, was formally adj
mitted to the Union Nov. 16. when
President Roosevelt signed the procla.
nation Of admittance. The pen used
was formed from quill plucked from.
the wing of an American eagle. 1t
will he deposited with the Oklahoma
Historical society. While there was no
ceremony connected with the signing
of the proclamation in Washington, the
act was signalized at Oklahoma City
by the ringing of bells, the blowing of
whistles and Il general celebration.
The new state government was imme-
diately inaugurated at Guthrie. The
admission of Oklahoma makes the
number of states In the Union forty
six. The star representing the new
state will not be added to the flag until
the Fourth Of July, 1908.
Panic Absurd, Says President.
President Roosevelt In his letter of
Nov. IL authorizing Secretary Cortel-
you to issue 10000, 600 of Panama ca-
nal bonds and 500, 100000 of 8 per
cent interest bearing government notes
characterized the recent panic as alb
surd and appealed to the people to go
ahead with their business in a normal
fashion. What is most needed" said
he, lust at present is that our citizens
should realize how fundamentally
sound business conditions in this coun-
try are and how absurd 1t is to permit
themselves to get into panic and
create II stringency by boarding their
savings instead of trusting perfectly
sound banks. There is no particle OF
risk involved in letting business take
It's natural course, and the people can
help themselves and the country by
getting buck into active circulation the
money they are boarding"
Calls 1t Railroad Panic.
James j. Fill In an address before
the Commercial club at Kansas City
Nov. 10 attributed the present finan
cial crisis to the shock given to our in
vestments all over the world, mention
ing particularly the SO called attack.
upon railroad property by state legis
!, latIres. Among other things, he said
"Credit Is the atmosphere which in
| fiates the lungs of business, and whel
1t is greatly lessened business mus
be reduced in proportion or be qufetl.
smothered. Political campaigns II
many states have been made on the is
sue of general assault on the integ
rity OF railroad property and manage
ment. The consequence to the trans
portation system, to railroad construe
ton and through these to the price o
farm products and to the success o
i every form, of business has alread
made itself felt, and the country shiy
ers under the blow He contende
that railroads should have the right
common to other property and shout
be regulated by wholesome and fai
laws, but not regulated improperly
He said that the railroad men of thi
country have right to be proud Q
their record and resent criticism SUI
ported by nothing better than ignoran
defamation.
insorses Hughes For Presidency.
President Schurman Of Cornell nm
d yersity in recent address before til
Peoples institute at New York city Q
"a Year of Reforms" strongly con
mendetl the course Of Governor Hught
and referred to him as an availab
presidential candidate. He said thu