The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-11-17
THE new STATE Of
OKLAHOMA IS BORN
,Contlnued from Page TwoJ


Some other officer would have taken
his place. thus the gap would have
been filled and the world would
have moved ON and the personal pun
ishment " the offending officer would
have deferred others from law break
ing In the future You can look
wherever you please for the cause
OF this sense,ess and uncalled for
panic. You will trace 1t back to
this nonscnsical conduct of radical
and spectacular government. You
can look for immediate relief where
ever you please When you tire OF
looking elsewhere. you will agree
with me that the quickest road to
financial relief. Is. close the New
York Stock Exchange and free the
currency that It dominates and turn
II into the channels of Legitimate
commerce.
Finances.
We are today confronting a con.
Nlllbii III llt tldlIn VI bhl
country that fully justihcs me TAX
ing few moments ot your time
for consideration. The financiers
fully know at all times that the
volume Of our currency IL so small
compared with the volume of fnan.
cial transactions that necessarily
commercial business In our country
Is question of confidence. Our
circulating mediums is such small
per cent OF the volume of financial!
transactions that confidence must
give value To an artificial medium,
and when ever the value of bank
check. or draft Is questioned and
the public mind is doubling or agi-
tatcd. there Is nothing left In Amer
ican commerce but financial panic
and distress. Far TOO often the pco-
pie dlstrust the bankers. and | re-.
grct to say that far too often In
recent years our government oycr-cs.
t.matcs The patriotism Of our dom.
mating bankers and that oycrcon
ndcncc ON the part of our govern
mcnt permits the great bankers OF
oar country who are inclined "a
manipulate or control our financial
Hian to the end that that influence
becomes a source of profit to them
But. fellow citizens. let me disting
uIsh. The banks of our own stat,
belong to the class of 'ocal husincs.
cuuvcniCnccs. They are inGispcn
sable tC our convenience and pros
pcrity. They are honestly and re-
ilably conducted and entitled {,
your confidence and support Th,
class of banks that dominate tn,
plan of finances OF our country ar,
certain of the great institutions ol
the financial ccntcrs whereby thch
ingenuity IN influencing the financial
plan profit themselves ana in this
\ minimum amount of circulatinp
medium affords them the opportun
iiy for private gain As a result
such condition a. we have in fin.
anccs today is possible Contcm-
plate our position for a moment.
There is no sense nor justice In the
I'm lncial stress in the southwest to
day our state and the surround.
ing states are full of production of
great value The world needs our
products, and at good price. We
have the wealth; our banks have
millions or currency due them from
their eastern correspondents. There
is no Just occasion in this great
producing area of the southwest for
any Inconvenience whatever Let
the eastern banks pay our Okla
homa banks what they owe them
and should pay in currency ON de
mand, and We can market our pro
ducts now ready for the buyer and
thereby vastly increase our own
wealth. But the hand of the dcta-
tor is upon them and upon us.
Ah' lp"Ni 'hhN
controlled our circulating medium;
with equal arrogance today refuses
Ia pay the obligations due our
banks. And why? Because long
drawn out soige on the New York
Stock Exchange has brought that
great financial center to a point Of
great need Of currency. II has plac-
ed the New York banker in a frame
of mind where he sees no possibil-
ity of letting SO the cash stored
in his vaJlts because of the possibil.
ity of needing money for the stock
exchange This condition Is not un-
like the gambler denying his chill
dren the price of loaf of bread
for fear that his stake upon the ia
BILE, no matter how great at the mo-
TvAt,, ha