Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1857-04-29

osay. ss.s-fn-ws-sI s.,"-wees',. o."
CITY o. DAVENPORT.
wednesday Mogning. April 20
Csoaksag - sAe West.
This commercial plague is breaking out
again in the Great West and has. to NOR.
or less extent. seized upon all classes. thu
merchant. the manufactures and the farmer
All obligations Of every other character in
the business world, murt give way /" these.
Notes must liz over, accounts must remain
other Department. II trade must I've diver
ted into this. for land is on the ris.
Parties who have experienced the result
Of 80 will not be caught this time. ln, III,
fools u to-day can only be made wise. a
we.c Tho fools u the former period Of wild
speculation. They are bent on going in
And the penalty mus, be paid. AMI - !, viii
be found when too late The entire West j.
surging and bubhlng like enullron, "a f.@
will get rich, very rich, but thousands will
be irretrieyably ruined The keen snI
ahrewd will dip in aud out again, " quick
- possible; the silly ones. and they are roun-
ted BY Thousands, will hold on and 20 tn.
way Of thousands like them, in III. past
years alluded TO- In the meantime. the
world Of commerce around us. Boston New
York and Philadelphia. will see their west
evn debtors making ducks and drake with
the proceeds Of their goods bought on lime.
and l,66rc they eau gsG at the crazy spirits
who " running wild under the influence
Of this commercial plague. Thousands viii
he lost forever 70 those Ia this section"
~ J. Day Book
The nervous old grannics doing up
the editorials Of a little zone horse"
journal called the n. Y. Day Book,
have had frightful and alarming
dreams about failures. bankruptcies,
commercial crises, aud other 'spookes,'
that they fancy will speedily over
whelm the East with direfn calami-
ties; and in looking about for the
cause and the remedy, they, in com
mon with other narrow sighted East
ern oracIes, attribute all these fearful
phenomena, TO the rush OF men and
moving to the great West. Ia an ar
ticlc, y part Of which We give above, the
Day Book thinks that another SO and
81 is approaching, and that great
revolutions may be expected All this
miserable whining OF false alarmists, is
the result of settled purpose, on the
part Of nearly all the smalltry Journals
OF the East, toprevcnt the vast throng
OF emlgran,s nov pouring into this
country, from seeking western homes;
aud also to prevent the native inhah,,
ants OF the older States from bringing
and sending their capital westward for
investment. The East is jealous OF the
West. The sceptre of power is being
transferred from the Eastern and Middle
State. to the Great Northwest. The
fertility Of our soil, the small cost OF
carrying on agricultural Improvements,
our great rivers, lakes and railroads as
Agricultural and Commercial auAilia
ries, and the rapidity OF the growth o,
small villages into great and fioulishinc
cities, have astonishcd. bew illercd AM,
horribly frightened the old fcgics in til,
six per cent mountains and sterile val
leys Of the older States. \, ever,
Congressional apportionment of Repre-
sentatives, the result justifies this con
clusion; and while the Older State.
have diminished representation, tn.
Western States are continually incrcas
ing theirs. Thus. Iowa, now sendin.
but two represen.ativcstoC Congress vii
IN 1860 send at least ten, while thos.
Of New York will be less Instead o
greater. The reason Of this change il
the political center ofthc country is quit,
apparent. The profits OF Agriculture
labor and investment at the East vii
not vary from All average Of per cen,
while the profits OF such investment
and labor at the west will average u
per cent. This is the KEY to the secret
Population will go where industry Ie
ceivcs the most liberal rewards, AN,
investment the greatest profits. Her,
planting, sowing, hoeiny, rcaping, NOV
ing and thrashing, are all done by ma
chinery, at an immense saving OF time
and labor, while rocks, roots, stumps
and uneven surfaces, pervent the en-
ployment OF machinery BY Eastern
iariners. Our grain, beet, pork, hams
lard, tallow, DC, produced in incredl'
Die quantities, supply the older States
with food, and contribute to the sup
port Of Eastern commerce BY sending
the surplus provisions ssthe Ocean.
All We ask ofour Eastern neighbors is
to supply the west with implements OF
husbandry, machines, hardware, dry
goods and manufactured articles: In
exchange We will pour into those States
our agricultural wealth. The farmers
Of the East, must be content with an
income merely enough TO afford com.
Portable support 10 their own families.
II they would grow rich by Agricul.
ture, they must come TO Iowa. Here
are broad fields inviting the industrious
to the goal Of pecuniary independence