The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-08-31

TO furtffiw million dollarH that the
burden upon The banks of furnishing
the fund for the protection OF the
people has been many times repaid
by increased volume ana stability OF
business, aud that The practical opcr.
alton Of our banking systcm has chaI
lcngcd The admiration Of the husi-
ness world
Usury
We favor an effective usury law
with penalties 70 insure proper
enforcement Of the same.
State and School Land
and School Funds.
We believe that as soon as possl-
and practicable the lands cid by the
state for educational purposes should
be sold upon terms that shall be alb
solntcly fair 10 the people of this state
preserving the preference right to the
iessccs, guaranteed by the enabling
act. to the end that such lands should
become taxable and be made more
valuable and productive by the actual
owner thereof.
That anything that adds to the
value OF said land and costs time. la.
Dor or money. shall be classed as an
Improvement.
improvements on said land shall
be appraised at such sum as they
add to the value OF land for the pur.
pose OF sale.
IN drafting the constitution Of tho
state Of Oklahoma, the Democratic
rarly forever guaranteed protection
10 the school lands and school funds
Of the state. and unlike n multitude
Of older states. the principal Of this
fund VIII forever remain sacred and
secure from any loss or depletion
II provides fiat the principal OF the
fund shall never be diminished. and
In The investment Of the permanent
school fund, we point with pride TO
the fact that the agricultural inter.
ests of the state the principal indus.
try upon which the prosperity and
comfort of Oklahoma depends, should
have the first right to the use OF these
public moneys upon good farm so.
curity aud at a fair rate Of interest.
The result of this policy has been
To reduce the rate Of interest on farm
mortgage loans throughout the state
by reason OF the state competition
with farm mortgage companies.
The management of the school land
leasing department assumed by the
Democratic administration from the
territorial condition of negligence.
fatOritlsm and mismanagement. has
il the brief period of state govern.
ment grown In efficiency 10 where
complete records of the location. char.
acter, description aud values OF these
lands are 4 matter of record, and
where All leasees are upon the same
basis without regard 10 political fay.
critics, and where today the school
children of Oklahoma are receiving
from these lands rents more than 60
per cent net money annually In OK
cess of the best year OF territorial
government.
Public Institutions
Oklahoma territory had followed
The policy OF falling to provide any
institution for the insane, deaf dumb
blind orphans or the state convcts,
except by contract with other states
or private institutions within the state
conducted by political fgvoritcs or
members OF the dominating official
family at an cxtortionaic rate.
A notable instance Is to the keep
ing Of the insane at private insiltu'
tn0n at Norman, at such extrayagant
rates that the stock ownership OF
that institution was considered spc.
cial privilege to the favored few OF
the dominating clique,
The prisoners OF the territory were
farmcd out to neighboring state at
an extravagant rate producing enorm-
Gus profits to that state, aud a cores.
pondlng loss TO the paxpaycrs OF Ok
lahoma. These methods and unwar.
rantcd conditions In the face of the
fact that the public building land hk
already accumulated approximately
six hundred thousand dollars of funds
from which these Institutions should
have long prior thereto been construct
ed and placed on a basis OF efficiency
and economy. but the Democratic par
ty found this fnhd unused. except by
a few banks, enjoying special fayora
at nominal rate Of interest.
Schools.
Laylshness In education Is economy
The Democratic party has ever been
the friend Of efficient public schools
realizing that an educated citizenship
lnsures the Derpetuty Of free govern
ment We take pride In the education.
al system In operation In this state
and pledge ourselves To rs further
development and Improvement To
this end wn favor iaw that will pro
vide school fund raised by the state
sufficient. when added to the interest
of our invested school fund and rent
ais on school lands. to provide not
less than five months free school IN
each district IN the staie.
We also favor making provision for
the eslabllshtaeni of graded consoIt
dated rural schools, 10 The end that
children living IN country district
may receive the benefits or a higll
school education in communities
whore tbey live
The Democratic party In providing
institutions Df higher education. has
bni dealt Justly with The eastern ball
Of The state in securing for II the ne
cessary industrial and preparatory
grbools necessary 10 provide for thai
psfi Of the new state. aud, 10 pr1yid
ing district agricultural aud meehani
cal colleges throughout the entlrt
state
The Democracy II proud Of ibt
educational proEreae made and nIcde,