Kingsbury County independent. (DeSmet, Kingsbury County, S.D.) 1894-1929, 1910-05-20
PIERPONT MORGAN IS
ASKED TO CONSERVE
FORTUNES OF STATE
South Dakota Has 500, 600, 600
of Idle Money Awaiting
Dormant Industries.

Pierre, S. D., May 1O-South Dakota.
needs a Pie"pont Morgan and needs
him badly. There is almost 100000, 600
lying in our banks and investors are
everywhere looking for profitable en-
ployment for their funds. There are,
too, very many enterprises which
would be of great value to the public
and for the development of the state.
and for which we have capital in
abundance if it was assembled by
some reputable captain Of industry.
Comprehensive business organization
at home only is needed to secure
many advantages to the state which
hitherto it has been impossible to get
outside capital to undertake.
The South Dakota Central Railroad
company has demonstrated that local
capital can build a railroad and make
it pay. There are a lot Of similar OPP
~portunities here. For instance, the city
OF Pierre own the right Of way and
more than 100 miles of grade through
a rich region from Pierre to Aberdeen.
A million dollars would do the other "a
miles Of grade to complete the line,
and iron and equip it with engines.
and rolling stock. 1t would make a
fine and profitable property n there
is slathers of money here to do he
trick if the right men would take ii up.
Here is where our Morgan would ,
shine.
The water powers on the Missouri
too, afford opportunities for safe and
permanent investment. Navigation
briqueting enterprises are waiting for
the financial backing. These PROPOSE
tions offer the greatest inducements.
for the demand for coal is unlimited
and the success of the enterprise is
assured the moment it is given the
same Kind Of organization that handles
the eastern coal supply, There Is noy
one element of risk here that is not
incident to any business of similar
character in Europe or America. South
Dakota has the ready to
back an organization that would in
stantly relieve our people of the eX-
tortion Of the eastern coal barOns, save
enough hard cash every year to finance
the business and give the public first
class fuel at one-half present cost.
: Trolley lines are in demand all over
the state; they will enhance develop
ment and return sure dividends. Money
sufficient for them and for the other
enterprises mentioned is in tie banks
of the state awaiting the call Of the
right mar who can assemble it and
put it TO earning profits. A good
business head, with comprehensive
grasp OF affairs and ability to dC praC-
teal things is the greatest need of the,
state today, Organization and an or
ganizer is wanted.
The suggestion that ZiebaCh county
be restored to the map Of the state is.
receiving much commentator, but
there appears to be a misunderstand-
ing of the necessity which induced the
legislature OF 1897 to wipe it off. The
taxation problem made 1t imperative.
that all of the open lands Of the state
be brought within some organized
county and with the sparse settlement
- sLaN At~1n 49, - yrn1ftnn1 .n4IN
seemed to be to attach the outlying
and unorganized territory to counties
then in existence. Therefore, Ziebach
Jackson, Sterling, PreshO and perhaps.
some other counties were incorporated
with Pennington, Meade, Butte, Stan
ley and Lyman, solely for the purpose
of getting the vast herds Of cattle then
upon the range within taxing juris-
diction.
An annoying situation exists upon
the Cheyenne River reservation, where.
settlement is just now being made,
through the failure of the last legisla-
ture to properly apportion the territory
in new counties. Bills for the purpose
were before the legislature, but died
in committee through the Indifference
OF the members. The open portion Of
the Cheyenne is now within fragment
tary counties and some of 1t is not in
dLly COuHly. IL ll0 S6lllSIS III l10
fragments insist Upon organization be-
fore the legislature sits, counties bad
in form and extent, will be organized
and the inal judgment Of them will
lead to many complications.
The provision inserted in the omni-
bus Indian bill by Congressman Burke,
for the disposition Of the lands of de-
ceased Indians and permitting Indians
to dispose Of their allotments by will
is a very important and necessary pro-
vision. At present much trouble is
~engendered through the lack Of a.
statutory system and the loose family
relations OF the Indians make the ques-
ton of heirship a most ~perplexing one.
Further than this the present method
leaves an open way for a lot Of graft
among subordinate officials and squaw
men who, acting in collision, defraud
the Indians and the public.