The miners' express. (Dubuque, Iowa) 1849-1854, 1853-09-28
THE PROSPECT.


We're i moi dreamed by some shadows Of finan-
cial revulsions cast before, there would he for
the American people al this day, the most mag
nifcent prospect in the Future, that was ever
spreadrbefore mighty nation since the world
began Ofthoss shadows We hayespakcn be-
fre---and i il good to do 50, in REGENT stoEy,
the ccaqneror Of the earth had his attendants in
-she height of his splendid power, 10 remind him
Of his mortality, Through The long line Of his.
tory our career Is nation has no parallel And
even the Past, with its tremenduus achievcme nis,
y almost nothing to The Present. The great
progressive commercial spirit was never more
alive The struggling competition and desper.
ate energy Of the American People are making
the entire Union q great battle Geld such as new.
er displayed before. lis great feature is the
competition between the railroads Round then.
ss a cea're, with The ferceness Of despair. the
tight iages high and hot 1t Is COM at with
cut great deal of noise, but such combat =
Our most cautious cnlcuasors estimate that in
1850, we shall have finished more than l6 900
mites Of railroad, and Eve years later, the rail.
road whistle will ring ever an iron line Of full
so,o0O miles In this splendid race nosie are
idle The great commercial cities along on,
eastern ocean, are urging forward their lightning
lnes IN eager race for the rich Commerce of the
great West The prize is nothing less than the
trade Of the world. The towns and cities thai
viii spring ups The active life that will be freshly
Town into our internal commerce, the desert,
viii DC made to blossom as the rose, and the
y, srful march Of civilization and improve
I1e Consequent on all this can not be est;m,.
ted. Nigh above all others, stands the Grea,
Highway Of All Nations, the Pacific Railroad
The poetical dream Of philosophy will become
the reality Of practice. This will be indeed
putting the world under bonds to keen the
peace towards US. The commerce of Two
oceans will be busy and overloaded with the
varied wealth Of continent.
In the meantime the great maritime power d
our nation will 60 on towards the highest per
lection and greatest strength That CONNER
cal navy, which long since, in spirit of bite,
envy, the EdintxrgA Magazine said, :. waved il,
stripes and stars over every sea- will whittier
every ocean with its canvass. Invention ana
the Arts, catching the spirit Of the times. viii
even Guido their former triumphs in every dc.
pertinent, and peace, if peace remain, will find
us prosperous, while war, if war We must, shall
Display Us Irresistible For, with these mean.
and-apPliances to boot with thirty three mill
Ions Of people, (which will be our population il
ISbO,) what earthly power shall say 10 us ...hu.
far and no farther.'
II is very well. And what is the reverse q
this splendid medal7 10000 miles Of railroad !
an average Of $50, 1000 per mile will be an e.
Pense OF si1 handrcd millions Of dollars. Ant
how are our roads being built. By DEBT. On
bonds are IN every market !, the world. AL
things are possible with Heaven. But for on,
moment. let ~ suppose what is notimpossibe-
short market for our produce, or short crop .
produce, or failure in the gold Of California
and what would be the result but crash suc,
- the world never saw For these are thing
that can not wait. Credit must keep itself an
These roads must be productive, and have some
thing 70 be Immediately productive with, Q
hopeless ruin i behind. The payday for tics
bonds i eoming
bet g lake one example, and conclude Ion
ger article than we intended. Let us say tina
our sister county Of Jackson puts out her bond
for $aOO,Ooo, and ncgotiates them at six pc
cent, il is - low figure as any county i
Iowa can obtain. Six per cent. win max
$4,000 to be raised yearly in addition to her reg
ular revenue. Then a nRose domestic con,in.
gency such g we haJ nficed. What is til,
consequence Outraged fzes,-such as vii
b with DILIGENTLY collected Property woalaaul
g The very lowest figuse...l 3 IL
~ l....zsz..>-. -..@ shs very people
80. sssis sSsrgtous folly voted the loan, would
bc the first g leave the tax cursed countrv.-
Why pursue 20 very obvious train Of thought,
Why not sam il up at once in the conclusion
HosELEss, HELfLEss, 1snErRlxvAsLE RUIN
May Heaven in its mercy save US from such
spFogress rs this!
Txapen- A