The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-11-30
REFIJTES
NEW STATE
ALARM
STORY


! classes OF investors from every sec
! ton of the South. East and Middle
! West 1t seems to me shouli be ample
/ evidence -; the Investing public has
not been premdiced against Oklahoma
by few demagogdes politicians, sail
fNSylney !. Roy secretary OF the shaw
nee chamber of commerce.
Mr. Roy. who Is vice president of
] the Oklahoma Federation o. CONNER.
cial clubs. sald There has not been
a time within the past two years when
I there We're so many substantial busi-
ness men seeking investments OF their
surplus capital in Oklahoma. or when
/ there were 50 many substantial mer
| chants small manufacturers and farm
/ ers with money seeking locations IN
I Oklahoma. None Of them n whom
/ ! have come In contact eptcrlains any
| idea that thei~ investments would not
/ be absolutely safe In Oklahoma Mr.
Roy, said further 81 DO not believe
| there is amy occasion or reason for
the recent circular on. where are our
| New Railroads recently issued by the
| Publicity Bureau OF the Federation OF
| Commercial cluDs which in effect as.
sumes that two hundred million dollars
| worth of railroads would have been
built in Oklahoma. except for few
/ politicians"
The circular states that hfty.six
lines OF railway have been projected
during the past hSo years having
total length Of i3,12S miles and then
| it says, Not all would have been
built, perhaps not half But Some
! OF tnem would have been built except
for-what Then follows A list Of
| proposed branches and extensions OF
! the old railways amounting TO Si2
miles which II built would have cost
| 100000, 10000. together with the 49,
! l2S miles of projected roads at cos
of $l75000 10000 making total of
! S205. .000, 10000 OF proposed railroads in
! Oklahoma in Two years AMI then Il
! says IT these roads had been built aud
| operated farm lands would have been
| Increased in value. making "A total in
| crease in value of property OF S400, 900
10000. Then 1t says, Listen"
They say that these trust funds
| can be invested with a feeling of safe.
| ~ only where the laws OF "A state are
'ettleI uron "a fair and conservative
basis and until there is reason TO be
lieve there Is no danger of people be
| ing p.eiuliced against investments by
the inyectives OF political remagosues
That Is plain talk. out Il is the exact
situation You would not think well
OF a physician who would conceal from
| you the nature OF your ailment IL YOU
were indorsel, on deceive YOU as
10 the proper remedy. When anything
Is wrong tae best thing to know Is the
truth. Then the remdly can be ap.
piled
"'If the spirit Of Oklahoma Is being
misrepresented either at home or
| abroad by a few self seeking politi-
clans the people ought not only to
| know II but they ought to apply tae
| rene iy without delay Waiting Is
! expensive. II requires a whole lot Of
politicians OF the demagogue 10 be
| worth 5000. 600 10000 TO the state.
81 10 not believe statements like
that relative to political demagogues
ana their influence ia retar6ing the
railroad building In Oklahoma are cal
/ culated to make conditions more favor
| able 10 the expansion OR tne railway
mileage IN this state II ~ effect
| charges that Oklahoma rs being mis-
represented both at home and abroad
by a few self-seekIng politicians. II
is wholly unfair TO lndict the nonorabls
gentlemen who are nohHng Offices Ia
oklahoma
IN the politicians OF the dema-
/ eogue orler' have cost the people OF
| the state 5000 600 10000 the people
should know who they are TnOse
who charge that the progress OF the
state Is being retarded py bad laws
should be prepared 60 subtantlate
their charges personally believe
many Of tae proposed railroads were
protected by men who had no capital
whatever 10 develop the enterprise
with Ahich they are connected and iu
many instances a ten iOllar filing fec
was all tne money expended The real
facts are that taerc has been as much
railroad building Ia Oklahoma aHl per
haps more than in any other state
and the failure 10 built and cquip
more railroads in Oklahoma has hcen
caused by the smme influence that has
stOupci railroad bull ling an over tao
United States.
"The financial depres Ion has affec
tea the whole country. II fas been
impOs siblc for the strongest railway
companies In the country to sell their
bon Is on the market FOR Ordinary ald
necessary improvements. aud for thai
reason / 10 not believe that II 81 lair
20 tne people OF Oklahoma 20 have u
go out ia q semiohical way that rail-
roal huildinR h' ceased Ia this great
! state on account Of the instability 0I
our laws or the low character Of our
public men.
I'VE have been in one Of the most
remarkable panics IN the history af tho
country Oklahoma has felt the ba
effect Of the money stringcncy lesl
; than any Of the older states. The fact
that we we're passing from territorial
10 state government an perhaps re-
tar1 the development al perhaps re-