The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-03-27
Our Iowa Correspondence.

Font DR MONIES, IOWA, March y, 1900.
The Nep State CapitaI-Look out for the Speculators--
Navigation fhe Des Moines Riucr-Splendid Pro'pect
on Pdper-E Emigration, DC.
have been long enough in this section to be oleraby
well acquainted with the policy 0! is government and
the cspabty and resources of the State AS propose
making 1t my permanent residence, feel deeply in
ttrested in its progress believe there is sufficient
York capital invested here to make any thing
cerrng the place interesting to you, and intnd to
trench aghy upon your tune with some facts upon the
way they marriage things in this quarter.
The Des Mcines river from the northwestern to
the southeastern Of the State in what Yankee
would call n slantindcular direction, and waters
country Containing irexhaustible mineral wealth. and
exceedingly fertile toll. The place from which
write and TO which the State capital has been recently
removed is thriving village of about three thousand
Inhabitants situated about two hundred miles from the
mouth Of the les Mones Some idea of the exhaust
bic water power upon the river may be had from the
fact that during the excessive drought last INNER
while nearly all the western rivers failed the depth Of
water in tbs but little lessened Some few years
since The State Undertook to improve the navgat of
the river, for which purpose the United States &C
mnt bad previously granted million and hall acres
Of he finest land in the State Three locks aud dams
we're made, which are now in use. As there was
considerable plunser taken somehow
where, knot Of enterprisi1g New York CAPT
That they could carry on the work to bsttor
advantage thxn the Commissioners already an.
pointed and that the aforesaid capitalists being pos
eseed Ct that spirit Of philanthropy characteristic Of
their tribe, would ta the tIipg amount Of lands aui
connected herewith do the work aud pocket
the Legislature ordered tbs usioners to make the
desired contract which thsJ did. The New Workers.
bound themselves to complete two hugeIed aud four
they only 10 receive the tells ae1 franchises for
sevt nty five years All the immense water 90 yer and
lands the later estimated by etent judges to be
worth ten million cosrs-a trHicg remuneration not
worth talsIg about. After tie tn ng done the
let out Of the sack wh-re sh had beea carefully
hi den. Teen 1t iscoverei that the water power
alore worth the whole cost of the lo,s and dams
tia, the trade to Council Blnt already compees With
feet state of the work though gco5s have be
over from This place. and that the cunning capitalists
wEo rep he stock OFT OF the market and will not let
share 60 10 any but their own se lat all events in
Iowa. viii make an enormous pr oft out of oreiuous
Of the dire ctoIs from 10 1t also appears nov
hat your OK Gsvernor Seymour largely interested in
trrstes and Is to share in the pickinss 1t ia true
that the State viii he benefited by the rapid de elops
ment of htr resources. and it is also true that tie pre-
vous mansge n,ent was wastsfu UT the former worli
have bsen received hsd the work been completed uniec
her Own management and as 10 the last, the officers
cono have been replaced by Others
No special aSgumen viii satisfy the people here now
that the property OF ths State has no. sacrificed
To give away ten millions in valuable lands a water
power O. grea. value where but here mott incacu
DE aEd tie tolls and management of the whole lire for
seventy I've years, merely to do what couple OF mil
u
e,o,l that i, admits of defence. However, the thing
IL cone The is made and all we have to GO to
sh down ind grin savageiy while the acute capitalists
OF New York grow fat on Iowa pickiugs.
spoke OF The value o: the lands ten millions. bu.
th IL their farming value al ,ne They filed with
Ieshaustibe beds Of coal gypsum lime stone and water
cement which increases their wnrt-aud all this has
been az consider IL, thrown away However, TIERS is
one cancellation this 10 the last job o. THIS bind. The
public has through ie nine days. aud has its eyes
open, end the lies hoinss Navigation and Railroad Com
paIy will have imtators, to plumber the treasury
and to hold great monopoly in Iowa
The tmigraten to this state must be enormous It
has been vaousy estimated from hundred thousand
to double that number Outing the pst year, aud jujg
ing from the visible growth of every place here the
lsTger estimate is nearly correct. passes in
February and prsiries and woods ia their natural
stae h. repasses In October and discovers fields
and dwellings. II ri minds Of the work dens by the
eenii Of the lsmp under the lido ng of A'atd1.
now y JORAII