Iowa news. [volume] (Dubuque, Upper Mississippi Lead Mines, Wisconsin Territory) 1837-1841, 1838-05-05

eduveo 10 tne SENATE ~ party votos u to 9:
and the Assembly in turn, negatived the Sem
ate's bill for sustaining the Banks in their re-
sumption Of spscie Payments by the loan Of
State stocks, by tpaay vols. Both bills were
|avowedly brought forward for the same pur.
pose Of sustaining the Banks in their resump-
ton; but both parties were determined that the
object should be attained in their own way,
both failed, and leaves tho Banks, as it should
do, 10 depend upon themselves, and not upon
Government for the means to do that for which
they were created. If the Banks are to be sup
ported by the Governments, the immense sums
taken out Of the pockets Of the people to pay
the Legislatures for continually legisating on
the subject Of Banks, together with the high
per cent. they realize on their loans, it will be
found a sufficient weight 20 weigh down the
1people and keep them forever poor and smbar-
rassed. If the amount OF money expended IN
Legislating on the subject Of Banks was now
in the Treasury Of the United States, and in
the hands Of State Covenants, to be put back
into the pockets Of the people, we should hear
but little Of pressure and hard times.
Past experiences, We should think, ought TO
convince the people that SO long as the Banks
look to the Government for protection, we are
at all times liable to the distress which has
been brought upon US, and the only way in
which money matters can ever become settled
is by an entire separation from Banking ins,i-
tutions, and leave them to depend upon their
own resources for support.
Through the attention of Col. Jones, we re.
ceived the Report of Lieut.. Lee, of the Corps
of Engineers, with Maps Of the Des Moines
and Rock River Rapids Of the Mississippi Ri
}ver, compiled after careful survey, with a
view 10 the commencement Of cleaning out the
same, for which small appropriations have
been made by the General Government. The
Head Of the Engineer Dedartment approves Of
the plan submitted by Lieut.. Lee, and recon-
mends it for adoption. Lieut.. Leo recommends
the improvement Of the natural channel instead
of an artificial channel on the Wisconsin shore,
as recommended Capt Shreeve, in his report
of 1886, both from economy in the expenditure
of public money, and convenience in boats be-
ing enabled 10 pass each other on the rapids,
by tle, various pools along the natural channel.
In his report he says, after taking into consid.
Grafton the various causes which may prevent
and embarass the work, the estimates Of the
probable cost of the works must only be con-
sidered conjectural, and ..,uhatever may be the
true amount, there can be no doubt but that lie
benefits that uiHresuN wouM more than aufto.
rize ten times the s,m, md thaf The comn.un;1y
at urge 'ciN be repaid an hundred fold." To
open channel two hundred feet wide and five
feet deep, in the Lower Rapids will require
an excavation Of 94,sli cubic yards, at a pro-
prable cost ofSls9, 622, and on the Upper Ra-
pids, 1899 cubic yards, at $l54,65s, so the
entire cost ofcleaning out both Of These rapids,
leaving no serious obstruction to the naviga-
ton Of tho Mississippi from its mouth to the
Falls Of st. Anthony, a distance Of 1890 miles,
running through the most valuable country in
the world, will only cost the Government $344,.
$50.
When we look at the great benefits to be de-
rived from the accomplishment Of work SO
small in comparison with other works done by
the Government, j; 10 surprising that this has
so long been delayed, but we hope that in a
year or two the work wi be finished, and go.
vernment will then have in part paid the great
Iol, - III.
u. S. MAGAZINE AND DEMocRArlc REVIEW.
1.-The April No. of this work molly sustains
the high character given it by review Of its
previous numbers. So far, the work has more
than met the expectations Of the Democracy,
notwithstanding the plan upon which it com.
menced would ensure il to be Magazine pos.
sessed of more than ordinary interest. The
following are its contents.
!. The Banks and the Currency question.
II. Pysche; or the Mystery, Of Human Life---
a Poem---by the Rev. r. Hunt III. Cotton,
ga continuation Of the subject from the March
No. on its connection with the manufactures OIL
tho United States, and the Protective System.
Nv. Pentucket, BY =. q. Whittier. v. The
Captive Bird, by Mrs. G. e. Da Ponts. vi.
Recollections Of Eastern Travel, BY J. s. Beck
imam. VII. Sonnet-Visw Of the Crows
Nest, near West Point, New York. VIII.
The Benefac.rsss, BY Mrs. L. H. Sigournsy.
I TX. Political Portraits with Pen and Pencil,
No. vi. c. Calhoun. x. The Discovery
Of America by the Mortimer. xI. The Anne.
rican Forest Spring. by Alfred B. Street.
XII. Retrospective View Of the South ~
can States. Biography Of Edward Liy}