The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-05-22


en- to become Of iuterna tionaI import
ance II they bear the ear marks OF kan
Sas
Tt has only been a short time SINCE
the green bugs lit IN Texas and started
norrhwari, destroying the wheat as they
progressed. crossed into Oklahoma with
the same result but nothing was heard
about the matter until the advance
guard crossed the Kansas state line and
the matter has been worth a top head
story every day since then
The state enroUoIogiSt imported an
other bug 10 feed on them, and that mas
been worth plenty OF space in the news
papers. bankers called meetings 70 dis
cuss the matter and wheat jumped TO
sL25 Kansas is prosperous row and
does not need more laws and the people
are beginning TO realize that this Is the
case
Two years ago in their haste they
IA sssztf the state oil refinery bill think
fetal 10 the oil interests Of the state
The supreme court passed on the con-
srtE1rio naLfCy O. the bill and declared
II void and the people accepted the
decision as 4 matter OF course a. many
Of them IN the meantime had arrived
1T the same conclusion reached by the
supreme judges
kansas IS prosperous because il IS
a state Of home builders who own
their own homes and farms and are
independent As the state IS prosper
Gus so are its banks and the pros
pertCy which has returned 10 the state
IS here 10 stay Let Is not burden our
minds about new Law but let Us see
that the ones which ara now on the
statute book are enforced and all viii
rebound 70 the credit Of zhe state and
its citizens. Kansas should be known
as the Switzerland of America but
such a condition cannot come about
until all Of the laws On the statute
book are enforced
Governor H0ch spoke on Pluto
cratic Kansas and said. when
thought OF the subject assigned me
cast about for the pIutocrats Of the
state and naturally turned 10 the rail-
roads and the men at the heads OF
these carriers. but I found that they
did not belong TO that class Then I
turned % the mile and Oh Wei OWL
ers but the output OF their properties
did not compare with the earnings Of
another class OF Kansas citizens
I turned 10 the bankers and
thought 70 myself now I have the true
pIuCocFats Of the state but, gentlemen.
right here face to face with you I
must admit and take the chances OF
offending you that you are not the
your banks does not belong to you but
10 the farmer VINO Is the true pluto
cr1t OF Kansas
Sumter and ABpomattox were
the seGueI5 OF Osawatomie and the
cIanking chains dropping from the
limbs OF four and One-half million
slaves were but echoes OF the initial
battle fought on Kansas soil for hui
man freedom Kansas was the first
state in the union 10 deliver a black
eve TO the liquor traffic which is Just
now receiving a solar DIexus blow
The Standard Oil interests laughed
at all laws and def1ed them and Kansas
Is the first state % enter the arena
and Withstand the onsIauZhts Of their
millions. Our state has 923 banks
with deposits amounting 10 <l4a-a99.-i
- .
real pIut0craIs Of the stata"the
farmers. You arc not the owners OF
this vast sum of money but merely the
keepers. You are not the sun Just Il
satellite shining from borrowed light
You are shadow and the substance
is beyond and the true piUtocrat Is the
owner OF the money IN your banks the
Kansas farmer
on the programme for yesterday for
talk on Progress IN Currency Dis
custom but was not able 10 De pres
eur On account OF sickness. and made
q short talk Just before the dinner
hour in which he advocated the de-
crease Of the reserve required Of banks
so that more money might md rs
yrsv into circulation He said The
national bank system OF currency is
roo expensive for the present day
operations and until some other sys-l
tenn il adopted there will be no MAJ
teriaI reduction OF interest
I'm France the rate OF interest Is
fixed at 7L per cent while in this
county and and even is the pre-
vafIfuE rate The fault Is not with the
bankers Of the country. but with the
laws governing the issuance OF cur
reucy and bonds
Owing TO the IatenesS OF the hour
two Of the discussions which were On
the programme were omitted and
United States Treasurer Charles H.
T-ezr spoke briefly Of his enjoyable
experiences since he has been in kan
sas the guest Of the bankers asSocia-
tiou- The meeting OF the association
viii close with the banquet at the
Auditorium, this evening
Resolutions Of Sympathy
Just before Adjournment for the