The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-08-20

to forty five million dollars that the
burden upon the banks OF mrnlshlug
the fund for the protection OF The
people has bccn many timrS repaid
by Increased volume and stability OF
business and that the practical opcr'
alton Of our banking ystcm has chlls
lenged The admiration OF the busl-
ness World
Usury.
We favor an effective usury law
with penalties TO insure proper
enforcement Of the same.
state and School Land
and School Funds.
We believe that ms soon as possl'
and practicable the lanus held by the
state for educational p,n. ses should
be sold upon terms that shall be an
soutely iar to the people Of this stat.
preserving Tie preference right TO the
lessees, guaranteed by the enabling
act, % ,lia ead that snch lanls should
become taNablp ana Be made more
valuable aEd productive by the actual
owner thereof
that anything that adds TO the
value ul sald land and costs time, Ia
bor or nione5 St-. br classed as an
iap. oNon.enl.
improvements on SAID land shall
be appraised al each sam as they
add 10 tae Vi,ne OF lald Tor the pnr,
pose at sale
IA drafting the siinit,oh af tho
ta;e ot Uklahoaia the Democratic
parry lofeyer guaranteed protec,!oh
~ ae staool Ian As and school funds
II the state, ANA unlike a fnulttude
CT older states the rr.nclp-l OF this
It,nd vii forever remain sacred ani
secure from any less or depletion
Il provides TINT the principal OF the
fund shall never be diminished; and
N the investment OF the permanent
school lunl, we point with pride "a
The tact that the agricultural inter
at Of the state. the Principal Indus
try upon which the prosperity and
comfort OF OKlanoma depends should
hsve the list right TO the use OF these
public moneys upon good farm Sc
curlty, and at fair rate of interest
The result OF this policy has been
to reduce The rate Of lntere8t on farm
mortgage lolns Throughout tne stat,
~ reason Of lhe state competition
i wdh farm mortgage companiee.
The management of The school Ian,
leasing department assumed by ih'
4 Democratic administration from Tho
4 territorial condition Of negligence
/ Gavorltiem and mismanagemenl, hal
/ IN the briel period Cl state govern
mcnt. grown in efficiency to where
complete records of the location, char
acier. description and values Of tbcs'
lands are matter ol record an,
where all lcaseea are npGn the sanl'
basis without regard 70 political Iay
i critics, and where today the sch0n
chlldrcn Of Oklahoma are rccciyln,
from these lands rents more than g
per cent net money annually IN el
cess OF the best year of territorial
government
public Institutions,
Oklahoma icri1torg had folowe
the policy Of failing To provide an
institution Tor the insane deaf duinl
blind orphans or the state convict.
except by contract with other states
or private inN itutions within the stat
conducted by political tayorites 0
members OF the dominating cRficio
family at an oxtortlonate rate.
A notable instance is TO the keeI
ing Of the insane at private instilt
! tnon at Norman, al such extravagan
rates that the stock ownership o
that institution was considered q spt
|, cial privilege to the favored few Q
4 the dominating clique.
! The prisoners OF the territory wer
farmed out to a nelghboring state q
! an extrayagant rate producing enorn
! Gus profits to that state. and % CORES
ponding loss to the paxpayerg OF Oh
: lahoma. These methods and unwal
. ranted conditions In the face OF th
fact that the public building land he.
already accumulated approximate
i, six hundred thousand dollars OF fund
from which these institutions shout
! have long prior thereto been construs
ed and placed on basis OF efflcienc
and economy, but the Democratic pa
, ty found this fund unused except b
, few banks, enjoying special favor
at nominal rate Of interest.
! Schools.
Layishness ln education Is econ0m
The Democratic party has ever bee
, the friend OF efficient public school
realizing that an educated citizcnshl
insures the perpetuity of free govern
ment. We take pride in the education
/. 81 system In operation Ia this stat
! and pledge ourselves 10 iis furthe
I development and Improvement 7
/ THIS end we favor 4 law thai VIII pr'
vile srhool fund raised By the stat
/ sufficient. when added 70 the lnterel
, OF our invested school fund and ren
/ ais on school lands, 10 provide ne
IL s. than five months free school
} each district to the state
j We alco favor making provision it
; the establishment of Graded conapl
{ dated rural schools. to The end ia.
children living in country district
may receive The bcnefts Or . hig
; school education IN communtle
/ where they i've
, The Democratic party in provldiu
I Institutions Of higher education. ha
3 but dealt iustly wifi the caStrrn ha
Of The state in securing for II the n
/. cessafy industrial and preparation
| schools necessary 10 provide for ihi
! part Of The new state. and, 10 proyi
e ing district agricultural ard mccban
/ cal colleges throughout The cntil
. state.