The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1909-11-27
FRENzIED FINANCE; @. W. lar.

aA1SAAs
MIR. Toast Master and Gentlemen:
| am certainly anything but a speech
maker and | have au especial distaste
for being called immediately after Prof.
Munson. But | have always tried TO
be like a friend of mine by the name
Of Windy Miller. Windy was a cowboy
that got killed an a drunken fight. Some
Of his other friends took him out aud
buried ann, placed Il nice tombstone IN
his grave, then came the struggle of
their lives. They wanted 10 put some
nice inscription on the tombstone but
nothing too gaudy, so finally decided
on these words. WINDY Miller, Cow.
puuchcr, killed by three grea-crs in the
eagles nest saloon, they were too many
Tor him, he did has -, angels could
do no more Now that 5 the way |
feel, ! am going to do my best,
II had the privilege Of selecting a
topic 20 talk on, 1t would have certain.
~ been anything but Frienzied Finance,
4 there are any other words in the en-.
glish language that make my hair stand
on the end as the words Frienlied Fl.
nance do, | have never heard them.
They always sound lake Panic To me
and ! can Z think of a better definition.
- | will just ask this entire bunch 10
never call on mo 10 talk about the panic
or anything frienziod again, for it al.
ways brings back some of the days in
November 1907 which / would like
very much to forget.
Gentlemen, that panic born over two
years ago is now a dead one. We still
hear people saying "the panic is Ger.
'ainly hurting them" but those same
people will be suffering from the panic
until such time as they pass away,
will just tell a little of my experience
| since coming 70 Tucumcari.
Being Il new man in the city | have
been offered probably two hundred ier,
gains in real estate and invaribly upon
Investigating have found that the poor
fellow offering 10 sacrifice his property
10 me, was making from hfty to two
hundred percent on his investment,
which he has been paying taxes on for
30 long, probably thirty days, Well l
havn't bought any property, but | am
glad everyone has been trying to get
good prices for their real estate, for il
not only encourages US VINO live here,
but gives the prospector, or homeseeker,
who is daily dropping into our city,
the correct idea regarding the class Of
people we have In Tueumeari and the
confidence we have In our city. As |
said before | I'm glad people are asking
the prices for their property that /
have been asked, for IL shows that they
are wide awake and taking notice Of
our rapid advancement and realize that
property that was worth 100 per cent
xix months ago IL worth 200 now and
will be worth 400 six months from this
day.
Now we all know Tucumcari Is not
suffering, so / will tell you what little
know Of the condition OF our country.
The repositories Of the country have
more deposits and heavier cash reserves
than they have had In several years.
You may say, we'll ] can't see why
money Is commanding such high rates
Of interest. l will tell you one Of the
main reasons, simply because the Ameri.
canism Of our people keeps breaking out
all over our country as it has recently
done In Tucumeari, The Financial
Of the east are far seeing and
know this much better than We do, they