Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1840-10-06


plexties incident TO crowded towns and
markets.
No country elsewhere presents more
rare inducements, for the employment of
money than this; lands as productive as
the valley of the Nile, situated in eli
mate partaking Of the blandness of Italy,
yet pure as the mountains Of Switzerland,
are profered to the emigrant, for pecu-
mary consideration, comparatively small.
Now is emphaticaly the time to purchase
farms in sconsin-lands both improved
and unimproved, are cheap; not symp-
tom of that fell disease, speculation, has
ever turned the brain of our population,
consequently real estate has never rose
above its cost value, but is at this very
time far below its intrinsic worth. The
individual who purchases farm in Wis
consin, may calculate with certainty upon
its steady rise in value; thisresult may be
depended upon, with as much certainty as
the unerring laws Of nature Real estate
in this Territory, as soon as the lands be-
come generally settled and improved, must
| bear relative value to lands in New
York and New England. And the rules
| by which this relative value will be deter
mined at no distant day are these: 1st,
The difference in the prices of the pro-
| auctions Of agriculture in the markets of
this Territory, and the east 2nd. The
difference in the prices of merchandise ::
3rd, The difference in the produc,iveness
of the soils: 18th, The difference in the
expenses Of living. With respect to the
productions Of agriculture, prices will al
ways be III favor Of the eastern markets !;
| say to the amount of one-third. The diff
ference in the prices Of merchandise, will
also continue to be small per centage in
| favor of the east. The difference in the
| productiveness Of the soils between the
east and the west, will be from fifty to one
| hundred per cent. in favor Of the west
The expenses Of living, will also be less
at the west.
From these premises, any individual
may be enabled to draw safe conclusions,
of the future prospects and value of pre-
perty in Wisconsin. Improved farms,
which can now be purchased in this Ter
ritory, from six to ten dollars per acre,
must soon by the common rules, which
regulate trade, nearly if not quite reach
| in value, an equal number of acres in N.
| York or New England. IF any of our
eastern friends should raise the inquiry,
why improved lands are now so cheap in
Wisconsin,, if the prospect Of their ulti-
mate value, be as lattering as we have
| represented; we reply, that this arises from
the vast quantity of unoccupied lands in
this Territory, and from the sparseness of
our population. We have Territory, Ca
pable of sustaining more than one million
OF inhabitants, while its present population
but little exceeds thirty thousand; besides.
we have no surplus capital beyond the
Immediate and actual wants of the people.
This accounts for the chcapness Of real
estate property. We repeat it then, now
is the time for making profitable purcha-
ses of land in Wisconsin. Now is the
time for the hardy New Englander, who
tolls to gain subsistence for his wife and
children, among rocks and forbdding soils.
to secure an inheritance in Wisconsin,
Here with small sum Of money, he may
purchase an ample farm, where the earth
never fails 10 requite the laborer for his
toll, and tlll his granaries to OVERLOOKING.
Now is the time for the man Of capital to
enlarge his fortune, and to render himself
useful TO his fellow men. Wisconsin epens
wide field TO eastern capitalists our ri
vers and streams abound with extensive
water powers, which should be immediate
~ improved, TO meet the growing necessi-
ties OF the country. Our mineral regions,
invite the attention Of capital, with the
certain prospect of gain; the raising of
cattle on our pra.ries offers a lucrative
business. In short almost every honest
profession, may be made to thrive we'll
dishonest professions, or those persons
who aim to live by their wits, or by flch-
ing a living out of the industry of others,
will find no welcome reception from the
people Of Wisconsin. H.
BUSINESS PROSPECTS OF THE COUNTRY
The business prospects of the country
in general at this time, is a subject upon
which an editor of a newspaper, can scarce
ly express an opinion. without heinz Sis