The Mangum Star. (Mangum, Okla.), Vol. 21, No. 16, Ed. 1 Thursday, October 15, 1908 Page: 3 of 8
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THE TIMELY SALE
Ints
Thirty lays
The Greatest <rfall sate.eve,Md ia ^£^*"55?TSSXS£
Winter goods at a time when you need them at Pnce8 , seasonable merchandise of every des-
of'fonner prices. Followlnd are a tew o. the many articles and prt«:
This Sale Starts Thursday, October 8th and Lasts for Thirty Days
10 ItHi beat Coffer
•
$1.00
20 llt . best Sugar
1.00
15 lbs. best Rice
- 1.00
10 bars liest Soap
25
100 lbs. best Flour
2.25
12 cans best Com
75
12 cans best Tomatoes
• 1.25
20(H) |tnir Shoes per pair - 25c
and up
1000 pair Mens Drew Pant*, worth $2.50
to 50.00. all go in thin sale at SI .00
and up
1000 pes. Winter Underwear for Men.
Women and Children, worth from 50
c ents to $2.50, go during this sale at 25c
and up
500 Suits for Men Youths and oys. worth 1
from $2.50 to $25 00. go in this sale
at per suit 1.00
and up
1000 pair Men s and Ladies Gloves worth
from 50c to $1.50 per pair, all go at
per pair 25®
and up
5c
1000 Men's and oys Hals and Caps
worth from 50c to $5.00. all go in
this sale at
and up
5000 yards seasonable Dress Goods, such
as Outings. Flannelettes. Calicoes,
etc.. and all go in this great sale at
reduced prices, est Calico per yd.
5000 yards assorted Dress Ginghams in
latest styles, per yard - 5©
and up
5000 yards Laces. Embroideries and Rib-
bons. at per yard $•
and up
An immense line of Handkerchiefs. Hosiery and
all kinds of notions in this sale regardlesofcost
Saturday, Oct. 10 and monaay, vci. i« wm
Mangum Mercantile Company
South Side Square, Ope Door East off Hamilton's Hardware Store
Oklahoma Trading Company
condition. Let us orsake tac time
honored principles of our government
and accept a paternal for mof gov-
ernment. Let us be honest and con-
sistent in our argument.
I say sell tne school lands and cre-
ate a satisfied, stncng citizenship.
Offer every inducement for the rapid
development of Oklahoma.
ltThav'e been one of your citizens strictly safeguard our school fund
twenty-one years. That I have the lands sell for. We snould net only
no school land leased and that I do not keep „Ur permanent fund up to wnot
wish to buy any of them. Freedom of, jt now is but we should provide
r f thiTyiieht. and individ- through legislation for an increase of
SHALL WE SELL OUR
SCHOOL LANDS ?
-Shall we sell our school iand?'"
This is the great question that is
about to be voted on by the people at
the coming election.
Before I offer a brief argument on
•the sale of these lands, I wish to say
that 1 have been one of your citizens
for
UO
67 199,420,865 4,985,521
wish to buy any of them. Freedom of , it now is but we snoi
jsneech liberty of thought, and Individ- through legislation for an ]
ual ownership of property safeguarded j that f„nd. Here I submit a Pr°P°®*"
bv the enforcement of the time honored jtion Ihat we add one-half the annual
nrinclnles of our government, have interest from the school land sale to
miade the individual homes so strong tj,e permonent fund each year and se
Uw? as factors of one mighty product |the ether one-half of the interest as
jhev present to the world the strongest an available school und and for pa, ™
SvernSt on the face of the eartn. lng the current expenses of the busi- 40
Each state is likewise rich and strong ness. . „
fn orooortion to the wealth and the , believe a conservative e
satisfaction and independent condition WOuld be twenty-five dollars P
of its citizens The state is merely a should we sell these laljds.
helpless something in the abstract. :!.800,000 acres at that would to
The ,-eople by their compact of gov-
255,27,5355 6,381,88i
■ernment constitute the
The people simply transact their state
business through their properly quali-
fied employes. The state can only do
greiit things financially when its citi-
zens are hopeful, energetic and own
their own homes. The people of the
several states, through 'he'r repre-
sentatives in congress defined ^
boundaries of Oklahoma and threw Its
gates wide open for settlement to
American citizens. At the same time
they set apart a certain per cent of
the lands as endowment funds for
specific purposes. With the promise
of specific purposes.
With tne promise of individual own
ership of one hundred and sixty acres
o real estate people rushed 'roma
,tarts of the United States for homes
and tcdav Oklahoma is rich because of
these strong individual possessions^
In addition to the real homestead^ ®
worthy class of our citizens *cnt"Pon.
leased and have developed our school
lands into farms with the
held < ut to them that when we
ed statehood that they would be per
mitted to buy their homes from ™r|Yr,
state. The lessee has been patient., ^
energetic and hopeful. I ,
We asked the f. S- government for :i
free homes Our request was *
The lessees are simply j *
grant them our ^rmUatoatbat they t «,
may have the right to buy their home* .
at the current caab value <* ***
estate The leaaee by bis capital and
labor ba. helped to bring the very
lands tbev wish to rurehaa* up to tbelr
present value He is certfin''
tied to purchase his home
ma. if >«« and I Zj
celvlau oar* aa a *1"
off aad raa "
ZJTLt we -tn
ditto* Wf tfce ataie wm*
<*11? «fcai ^
tf tke state *todl "•
aa the laad* M lka>
A Ik
i tfca
I believe a conservative estimate 48
would be twenty-five dollars per acre 49
should we sell these lands. lae 50
3 800,000 acres at that would brinj: uf ;>i
the sum of I&5.000.000 drawing int vest 52
at 5% per annum. 5o
Interest accruing for one year would 54
be $4, 750.000. Tatee one-half of this 55
or 12 375,000 and add it to 95 million Dc
dollars and at the end of the first year 57
our permanent fund will be $97,375,000, 58
and we will have the same year for 59
available purposes $2,375,000. 16O
Iuow submit figures showing the J
amount of one dollar with compound •
Interest from one to sixty years. In
(2) I give the value of our permanent
fund for the years number 1. 10. 20, 30,
40. 50. CO. In (3) I give our available
fund for the years 1. 10, 20, 30. «>. 50
60. Now this figures every dollar
In active operation. See what a hand-
•ome available fund we can enjoy and,
behold the growth of our permanent
fund.
Build Oklahoma and let Oklahoma
build and we will be the better able
to maintain our schools Place all our
lands subject to taxation and not a
per cent of them Do to other man as
vou would have him do to you.
" lie right and all will be well..
326,774,160 8,169,354
i/Vi 4 _
03.142 418,298,490 10.4a <.462
Respectfully submitted1,
J. HORACE SIMPSON.
PGold Medal Hour makes naKlug^pasy.
(1)
*/,%•
l.«25.rto<
1.050.625
1.076,891
1.108.813
1,131.40S
1.159.693
1.159.693
1.218.403
1.24#
1.2X0.OV.
1.2*0.0*.".
1.312.M?
1.344.***
1.3 7* .411
1,«12. 74
l.MUM
1J21.«1
; ii> C&9
lOUIt
l.TtU Tl
i .;m*M
1JWS.W
ItUMI
(2)
$ 95.000.000
97.375.000
121.60t.0TS
l21.fiW.076
(3)
2.375.000
THOSE FIGURES.
In his great display of figures Mr.
Simpson is so unfortunate as to start,
out on false premises. He goes on the
hvpothesis that there are nearly four
million acres of public school land. In
fact there are less than one and a half
million. He bases his calculations
on a sale price of $25 per acr • No
man knows just what they will bring,
but many people who have given the
matter earnest consideration don t be-
lieve thev will bring as much as $10
per acre. He assumes that the mon-.
ey can be out at Interest all the time.
This is not true. There Is over a mil-
lion dollars left out of Ave millions
given us a vear ago He also assumes
the money will pay 5% net No state
gets as much aa 3% net from ita
funds So his plan Is Impracticable
from every point of view.
3.04«\80l
Ita mm w —y
A lady in Greenville. S. C, recently
wrote a friend as follows:
with tlx. utmnM rare. I waa '""rt'ojnt-d
to are thewi cow -•« ■■ '
- with rr% T r«i ** •
to see th«n «l
I.a-klnc Htmrw. wttli mv r« uaa
nf Cottol*** tor frnna Uiw I _•* +~Z
llctiiol aa ttor mm brovn.
^ , i.fc ■ la «ka«frv liffM
Are in a position to sell you Groceries
For Less Money than Anybody
in Mangum
We Will Sell you
100 lbs Granulated Sugar- . : •
(That is wholesale price on Sugar )
18 lbs Granulated Sugar •
1 Gallon Can of Apples
100 lbs Kansas Moonlight Flour
10 lbs Coffee
8 lbs Coffee
1 bucket good Coffee
80c can K- C. Baking Powder
5 gallon Keg of Kraut
1 Jar of Kraut
These are Just a few of our Prices
*560
1 00
25c
$2 40
$100
100
75c
50c
1-25
1 25
We are on the South Side
Sim old Place
Com* and let us figure your bill.
Oklahoma Trading Company
South 91dm Squmre
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Taylor, J. E. The Mangum Star. (Mangum, Okla.), Vol. 21, No. 16, Ed. 1 Thursday, October 15, 1908, newspaper, October 15, 1908; (https://gateway.okhistory.org/ark:/67531/metadc280504/m1/3/: accessed April 25, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.