The miners' express. (Dubuque, Iowa) 1849-1854, 1850-05-01
Emigration and Immigration.

nounce the arrival among us of our friends and
States.
Besides the many vacant farms left by the Ca.
lifornia emigrants, there are thousands of equal
ly good, but unimprovcd locations, which the
immigrants can secure at a trifiing expense fol
one year. A years grace is equal to rs per ct
at least, upon money, which, without pre- emp
ton law, should be laid out at once. Many may
and will avail themselves Of the advantages af.
forded by the long credit given for school lands
and others, whose pursuits lead them into other
trades or professions, will find profitable employ
ment. -
What Iowa wants at present, is capital-not
capital in the hands and for the benefit of specu-
lators, properly called; but capital to turn GU,
home products into the last stage of manufacture
previous to consumption-captal to purchase
and grind our own wheat here at home, and send
off what we do not want in the shape Of flour
or bread.
We should have our iron furnaces and rolling
mills in full blast We have the ore; we want
only the capital to dig it out, and smelt and man.
ufacture it for all the various uses to which we
find it so we'll adapted At present, and under
the existing state of circumstances no investment
OF this kind will be made. Money lending is a
less laborious and more profitable speculation;
for be it known to all strangers, that money is
lent here in Dubuque, at say 60 per cent. Now,
but few industrial speculations will pay at that
rate; and hence they will not be attempted for
the present. This state of things. however, can
not last long. 1t won't pay, or if it does-if in
dustry can support itself, and pay this enormous
tax upon its products, it is the most conclusive
proof that labor is better paid here, than in pla-
ces where this tax cannot be afforded.
But we say it cannot last-we do not desire
that it should; not that we would desire to see
labor worse remunerated, but rather we would
desire that the labor could be able to procure ca
pital at less cost, and consequently receive
more of the benefits of his industry than he at
present does Instead paying 90 per cent. for
the use of money, we would like to see him get
it for oro; this would drive the money lender
into more industrial puraut to look for better
profts-would increase the amount of labor and
the number of laborers-and would leave the
worker larger share of profits by so per cent.
than he receives at present.
The greatest political effort of the age is the
elevation of labor to position of equality with
capital. Heretofore the struggle has been con-
fined to physical effort, but now, education
lends its influence. The educated laborer en-
tiers the moral contest with the proudest capital
list, and whenever they have come into fair CON-
petition, the man of money has been forced to
compromise.
1t is much more desirable that they should
unite as equals in the great effort of amelora-
ting the condition of the race, than enter the
contest as antagonists for the prize which be-
longs alike to all.
But we have wandered far from our purpose
Our object in setting out, was to say that there
is plenty room both for the employment of labor
and capital in Iowa. OF the former, we are al
ways sure to have enough, the latter we need to
encourage and facilitate industry, by employing
its resources in the development of our mineral
wcath-in the erection of manufactures and in
furnishing sure and speedy means of transpor-
tatlon for our surplus products.
Without these, labor will content itself with
l bare subsistence, as it will be useless to pro-
luce without market for consumption
So far as we have heard, the class af immi
grants who have arrived this spring, combine the
elements of capital and labor in large degree.
Some eighty persons have arrived in one CON-
'any, in Jackson county, and much larger
lumber at Muscatne. All these are represent
ID as being agriculturists, in good circumstances,
whose means are fully adequate to the wants of
| new country, and whose experience in their
profession will enable them to produce, with less
abor, more than the soil has been hitherto made
o yield Hundreds of other families, especial
y from the interior of Pennsylvania, are expect
ID soon. These will give stability to our agri
cultural population, and elevate the farming pro-
ession to its proper standard in society
This is what Iowa wants Its greatest trade
must be Agricultural, next to that manufacture
nd mechanics; all others are rather incidental
han necessary to her prosperity.