The Searchlight (Guthrie, Okla.), No. 499, Ed. 1 Friday, November 15, 1907 Page: 1 of 16
This newspaper is part of the collection entitled: Oklahoma Digital Newspaper Program and was provided to The Gateway to Oklahoma History by the Oklahoma Historical Society.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
Whole Number 499
GUTHRIE, OKLA., FRIDAY, NOVEMBER 15. 1907
Terms: SO Cts. a Year
AFTER THE 8CARE 16 OVER.
Now that the country has stag-
gered along under a so-called "panic"
for a couple of weeks, it may be well
to pause and consider just what is
the matter, is the country on the
verge of destructiftn? If so, it must
have been trembling on the verge a
long time, for there has been no new
development or disaster to cause the
panicky feeling. What is the basis
for the scare that has caused people
to take their money out of the banks
and hold it in their iflsts? Now that
they have their money, where they
can feel it and gloat over it, they aie
beginning to wonder what frightened
them. They are beginning to tire of
losing the interest on their money.
Every day that they keep their money
out of active work they are losers.
As prudent persons they recognize
this fact.
When men come down to hardpaa
they ca» give a valid reason for
their money-scare. They are as well
off as ever. The crops are big, the
tailroad business is rushing, real
estate is solid, merchants are forced
to order heavily to meet local de-
mands,' and factories are running
steadily on orders reaching far ahead.
What, then, is the matter? Some
persons say it is because of the
scarcity of money. Of course, money
is not as plentiful as it ought to be—
it never is. But the scarcity has not
happened within a week. Business is
done on credit, and not on coin.
Credit is capable of expansion; it is
flexible and elastic. There is plenty
of it.
The truth is that the money flurry
of the last two weeks is as senseless
a scare as a theater crush or a mad
dog panic among shoppers. This
fact is becoming apparent to persons
of sound sense, and they are sheep-
ishly preparing to put their money
back where it will begin to breed in-
terest. Foreign investors are snap-
ping up the investments which Ameri-
cans afflicted with money-colic threw
overboard. In a few days these
Americans will be looking around and
wishing they had kept their heads.
They will be lucky if they find as
good investments as those they threw
over when it was fashionable to be-
come purple over an, imaginary
danger.—Washington Post.
'
TITLE HUNTERS AND FLURRIES.
Six hundred million is a huge sum
to pay for husbands.
Yet this is the estimate of Henry
Clews, the great financial authority,
and he backs it up with a list of the
bride3 and their dowries. The other
feature he points out is the expense
of Americans on European tours. The
enormous sums thus expended he
charges as one of the causes of the
cash shortage in» America.
For years ihis has been going on
among America's "smart set." Far
years it has been pointed out by the
OKLAHOMA LAND
AND MASONS. \
The average rainfall at C.utJ
31.64. In 'Illinois it is 36.73. T
who have been accustomed to look'
upon Oklahoma as an arid district
would do well to note how little dif-
ference there is.
When it is considered how. evenly
snd properly this rainfall is distribut-
ed throughout the year, and it does
not come in floods at one time and
drouths at another, the reason, why
Oklahoma is bound to take front rank
on agriculture and horticulture be-
gins to appear.
Then again, land In Oklahoma tlur
sells for $15.00 to $40.00 a:i acre is
fully as good as land that brings
from $50.00 to $100.00 per aero in the
older states.
These and many other facts regard-
ing Oklahoma lands ought to make
the Oklahoma farmer well satisfied
with his lot. He would find it hard
to better himself if he should sell out
and move elsewhere. This situation
iis hovrtever, difficult for the
Northern and Eastern farmer to com-
prehend and it is eaisy to see why he
should desire to cast la his lot with
the new state and enjoy the rise in
values which is certain to come.
The farmer who feels the need of
more land ican come here and
double and triple his holdings, thus
providing for a growing family with-
out the need of sending his sons into
the city in search of employment, thus
incurring the danger of such tempta-
tion as is peculiar to great cities.
Oklahoma land is a capital invest-
ment and both new state and old
state farmers are beginning to recog-
nize the fact. However, contentment
and development are the watch words
for tho pioneers.
JAMES ABRAM GARFIELD.
The twentieth president of the United States was born at Orange, O., In
1831 and died at Elberou, N. J., Sept. 19, 1881, from a pistol wound inflicted
by an ussasslu named Charles J. Gulteau at Washington on July 2. Garfield
served ably in the civil war and was promoted to be major general for his
services at Chlckamauga. He was a prominent member of congress for many
years and was elected to the United States senate a few months before his
nomination for president at the Republican convention in 1880. His active
career as president lasted but four months.
this question. Evidently It has its
source in over concentration and
congestion of wealth.
American press. All the ridicule, all
the anathemas and the examples hor-
rible have been in vain. They but
made the swell-heads of America
long the more for a land of aristoc-
racy and clan.
The case, though It is vital, so vital
as to -be sanguinary in its conse-
quences, has as yet had no solution.
It imay be that there is no-solution,
save a more sane view of the situa-
tion by American title hunters, but
certainly little is to expected from
this source. Meantime the very
resources of a nation are being drain-
ed through such avenues.
As a matter of self defense the
nation may be compelled to take up
TEMPERANCE WOMEN
GLOAT OVER OKLAHOMA.
Nashville, Tenn., Nov. 8.—The
thirty-fourth annual convention of the
National Women's Christian Temper-
ance I'nion was called to order by
President Mrs. Lillian M. Stevens
with over live hundred delegates
present. President Stevens in her
address said in part:
"Oklahoma's triumph Is of greater
importance than we can ever compre-
hend. All hail to the new state which
holds constitutionally from a liquor
traffic!"
COTTON IN BRAZIL.
"At present there is very little ef-
fort to cultivate cotton upon the
basis of modern agriculture. Most of
the cotton produced in Brazil Is
grown on plants planted in the
crudest manner and with little or no
cultivation from whfch the staple is
taken season after season until the
plant end the soil supporting it are
worn out. There is then a new plant-
ing and the process is repeated. A
cotton ginning expert who has inves-
tigated the cotton situation in sev-
eral of the states reports that while
there is wide variation in the qualities
of cotton taken, the length of the
staple, its coarseness and fineness,
and in other matters affecting the
quality, all of it is distinguished by
being very much weaker than the
same length and thickness of staple
grown in the United States."—Trades-
man.
ANOTHER ROYAL BABY.
Berlin, Nov. 9.—The Crown Prin-
cess Frederick William gave birth to
a son this morning.
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
The Searchlight (Guthrie, Okla.), No. 499, Ed. 1 Friday, November 15, 1907, newspaper, November 15, 1907; Guthrie, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc284855/m1/1/: accessed April 25, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.