Sauk Rapids frontierman. [volume] (Sauk Rapids, M.T. [i.e. Minn.]) 1855-1860, 1857-04-02
CIRCULAR.
ST. r AUL, Minnesota Terriior.

NJ .7 vi, - sseSsAAtiS yOuE dttcHyiOug
g lne Inducements III capitalists, for thei
employment oftheif means ia this Ter
rstofy, ! remark first, upon few of the
prominent causes which have influenced
50 large an emigration hitler for the 81 ST
two yvars. and which must continue to
greatly increase i for the future.
ne subject Of first Importance 10 one
seeking new location is that Of climate.
All / other advantages fail to compensate
the want Of health. For d clear, dry and
salubrlous climate, Minnesota is unri-
vailed BY any State or Territory, being
tree from fever and ague, malaria, and
those frequent and sudden changes of
temperature, elsewhere SO detrimental.
One OF the most noted benefits resulting
from residence here is an improved
physical and mental tone, and as q con-
sequence higher enjoyment ofiexist-
ence- s5
Next IN value to the settler are the
facts IN regard to the soil. For fertility
and easy culture, the farming lands of
Minnesota compare tayorably with those
ct any section ofthe country. Any man
with ordinary industry and economy,
may, in year or two,place himself in a
position Of comfort and independence
from thesproducts Of his labor, applied
to land, which he is permitted and en-
couraged to select, by prescription. from
any unoccupied section, to the extent Of
l6O acres. The policysof the Federal
Government, in regard to the public
lands Of Minnesota, is highly conducive
to the best interests Of the inhabitants.
inasmuch as the best lands are reserved
for those requiring them for actual culti-
yatlon, and spectators are precluded
from their ownershipthus insuring a
more equitable distribution and rapid
settlement, BY men Of small means, who
could otherwise only acquire them BY
the payment 400 TO 500 per cent, adj
vance upon Government price.
The geographical position Of this Ter.
ritory with. reference to the States, LAKE,
Superior and the Central Railroad con-.
nection with the Pacific, (being nearly
the central point between the Atlantic
and Pacific Oceans, East and West, &
between the Arctic Ocean and Gull Of
Mexico, North and South indicates I'M
erringly its commercial importance.
Lines Of Railroad are now constructing
which will soon place St. Paul in con-
nection with an Eastern seaboald and
the Lakes, while the Mississippi river, at
the navigable head Of which this city is
virtually, situated, must ever be the con-
von onf s,I, G., 81 ~
heavy supplies.
Of course, in new and fertile region,
where climate, soil and scenery invite
settlement and enterprise, and where the
results Of labor, intelligently directed ].
are SO largely lucrative, there arises
demand for means. for the prosecution Of
business far ia excess Of. the supply Of
capital. 1t follows that high rates Of in-
terest prevail, which 50 far from indica-
ting monetary arrangement or impending
bankruptcy, as many, reasoning from
the Interpretation ofsimilar signs in older
communities, might infer, really proves
the productive capacity Of the Territory
which can afford SO large premium on
capital and yet yield to those employing
it an entirely satisfactory remunerati IN.
Capital may be advantageously inyes-
lst. In loans based on Real Estate
security, yielding | 1-2 to 2 l-2 per Ct.
a month, according to the time Of loan
and fulness Of security.
I'd. In discounts Of mercantile paper.
at Ito 3I-2 per, cent, month but the
feature oflanded security is here want
ing, usually desirable 10 non-residents.
Sd. BY sale Of Land Warrants at
par, TO those using them for entering
public lands, on IL months credit, the
note given for them being secured by
lien On the lands and bearing interest at
one to two per cent, a month. The cost
of survey and entry, say ten to twelve
cents per acre, IS paid by the1purchaser,
and in case he fail to meet the note,
which secures the investor from ,ossand
yields fair return r.the money used,
while the, profit Of the transaction. is
very large, when the note is duly liqui-
dated ss.a 8alt6
sss Cost Of 800 acres Of Land
as3 Warrantsat IS cents per acre, $3.50
Return from sale Of same at par, $1 900
int.on Note, say 20 per cent sst
#g6s per annum, tas .f SO
$500
.3EFfsgs #ss ssss gs 9M50
g59 Less FIRST cost Of wnrrcats, 760
-
Profit over 50 per cent. for "a ea
y months or $500
9Th. By purchase Of Real Etstae IN
Or near 81. Paul, which promises to be
for years to come, as il years past. one
ofthe most successful modes of using
capital ST. Paul has risen from i viii
derness u eight years 70 q city Of lO. 900