New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-26
WESTERN REAL WISCONSIN.

To a< Editor Of TIE ". Y. Trioun@
Sir: We are frequently called upon to answer the
iponIies OF Eastern who have invested money in
Western real estate as to the real value Of their prop
.r,y and practicable way of dsposrg Of it. They
have been frightened by newspaper articles, aud
good naty who are entirely uoscquainted With the sc
tua state of things seem to be inclined to dispose Of
their interests at any sacrifice. In good many cases
they have been frightened too much.
1t is true, that pspertown speculstions are below
ze'o and those who have invested rH-. n Dou,,r.
nes WI" ior some time 10 Come, look in vain for their
pO.' ~" rue also that farming lands az well as
IVA city property caono. be sold as readily as before
But it is equally true that the aes which are effe'ted
especially of farming lands do not chow any real de-
probation, except at places where senselesa spec
ulation has ragged, Speaking Of Wisconsin, l may
safely lay, that those who have bought uninproved
lands in the set ed portions Of the State, at price, rang
ing from 50 to 81 or 81, according 70 the location, will
certainly Lore no money unless they labor under par
tcular difficulties. On the contrary, the value OF such
lands is increasing and must increase steadily.
cor siderable qusntity OF Wisconsin school, university
ard swamp lands has been sold in tia Eastern market
The school sections located in the midst OF the
Townships al mostly surrounded by settlements, and
have bons 6de value Of about . per acre on an
sversge. If our school-land auctions had been fairly
brought euch prices at the original auction-faes.
Being mostly surrounded by improved farms or near
actual settlements, no money can be lost on these
lands. On the contrary, there would be purchasers
enough for them If the farmers living near them knew
where to find the owners Swamp lands are worth
considerably lsss owing to their inferior quality, as
the name irdicstes.
The best course 10 pursue for such land owners veg
In the Esst would be to send trareng agents Nth thu
certificates and deeds from topnshp 10 tOWnshp and 70
sell Their lanas in daa to actual settlers. They would
find little difficulty in obtaining good terms and 10
reslzirg hsndtons profits at many places. This
system Of telliog in detail might be commenced early
In the Spring and continued ell thr ough the Autumn
to great advantage. Iwould at the ssme time benefit
the owners OF the lands and the nsghborng country,
relieving the latter from the desd weight Of specua-
tors property" There is little doubt bat that in con
sequence CT the hard times in the East emigration {,
the Western States will increase cons ]ersby There
will be greet demand for cheap farming lands, but
the actual settler will prefer ,kipg his purchase on
the spot to buying in the Eastern market
We are well aware that great many Eastern bust-
nefs men are obliged to sell forth with at any sacrifice;
Int those who ore able to hold few months longer
we would advise bv, oad adopt tho Abnva aug
ees.ed MODE Of procedure, which is certainly practi-
cable and will result 10 the gene RAJ benefit:
Dee 10, 1857. CENTRAL "IsOoNsiN.