The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1907-12-06
PO LI.TIcAL
Oklahoma Now a State.

Oklahoma Now a State.
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 a quill plucked from
the wing of an American eagle. 1t
will be 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 a 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. II authorizing Secretary Cortel-
you to issue $JO,O00,O00 of Panama ca
nal bonds and 100000 900 of 3 per
cent interest bearing government notes
characterized the recent panic as alb
surd and appealed to the people to so
ahead with their business in a normal
fashion. "What is most needed" said
he, Just at present is that our citizens
should realize how fundamentally
sound business conditions in this coun-
try are and how absurd it is to permit
themselves to get into a panic and
create a stringency by boarding their
savings instead of trusting perfectly
sound banks. There is no particle of
risk involved in letting business take
its natural course, and the people a
help themselves and the country by
getting back into active circulation the
money they are boarding."
Calls 1t Railroad Panic.
James j. Hill in an address before
the Commercial club at Kansas City
Nov. 10 attributed the present tinan-
cial crisis to the shock given to our in
vestments all over the world. mention
ing particularly The so called attacks
upon railroad property by state legis-
latures. Among other things, he said:
Credit is the atmosphere which in
fates the lungs of business, and when
it is greatly lessened business must
be reduced in proportion or be quietly
smothered. Political campaigns in
many states have been made on the is
sue of a general assault on the integ-
rity of railroad property and manage
ment. The consequence to the trans
portation system, to railroad construc-
ton and through these to the price of
farm products and to the success of
every form Of business has already
made itself felt, and the country shiv-
ers under the blow" He contended
that railroads should have the rights
common to other property and should
be regulated by wholesome and fair
laws, but not regulated improperly.
He said that the railroad men Of this
country have a right. to be proud of
their record and resent criticism sup
ported by nothing better than ignorant
defamation.
Endorses Hughes For Presidency.
President Schurman Of Cornell uni
versity in a recent address before the
Peoples institute at New York city on
"a Year Of Reforms strongly COM
mended the course of Governor Hughes
and referred to him as an available
presidential candidate. He said that