Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1857-05-29
MoNTpELIER, MAY ~. 1851
WESTERN LAND sPEcULAToNs


the East is largely " in for 80 with what
prospect Of success, in the long run, the fol-
lowing gives reasonable grounds for guess
ing.
The Cincinnati Roihosd Record, in review
ing this subject seys
"wc live in time Of extraordinary land speculation
Never before there known such an exodus Of farm
crs fla t,e new ltmds Of the Wcst Never before hos
Government given away such quantities of land Ncv-
pr.ccs of Wild land 10 wcn maintained To experienced
ewes all this tends result which sooner OF later
must come bursting Of the great land bubble vc
mean the bubble which has been created hy making nov
che hontcr aud selling new lands at Che price
% cultivated farms
The writer then examines the elements on
which the price Of land and improvement of
lands depend and, after stating the popula-
ton of 1850 at over twenty-ono millions. and
its annual increase at S0S,O00. gives ten
millions Of acres per annum as the total acc
tual demand for land to keep pace with pop
ulation great deal more may be sold, but
if so. it must sooner or later oyerstock the
market Il is thus that the annual sale of
lands by the government, including the land
warrants, is from fifty to one hundred per
cent. beyond the actual demand The writer
concludes:
other fst. NAV t6o rooaladan now t,nd, To- ,bc towns
and that the forssu immigrouon is now i emia we
hand WHOM We come 10 town lot., ne l,qi bubble i
NobrssSa " o,cry haf dozen miles, and each one Of
,@ IF Go.e ae,t s, DO no N ,c o. 4 g,,
i, RESULT Ithas universally resulted o oc o'r.l.ns D.,
Has nfftI IHf @ BIOL HHH. Id d ID
dulacs. for wears 70 come. W. DO not certainly buos
ta,t tA' ,,a,I s,e' n ny. .,,.n,. ,,,,o. lo.. NJ,
chi. time g Ought 60 BE- plenty. The people vhogo Wct
foi t6cir ,anc 3 ne towns were to grow a much 81. 70
+, ,,1 ,@'s"'a u''' Will '"''' are ''s"' '' ~ " |
,n ..,
in he issue between us and we soc not flse one, i
we , s, ]o ,r me-, s,,. .', , Al, M .,,'
questions, are .s ,hot constitution ieeif ho supreme
reversed. suasaud.Jy yoa do not di.aerea With 'us m
irr5 sor,o. ,io .ns Gr,rseo W.. yo, deoo"ocr r'
with scon because we une b. upon our icio"-oul n'
decision. until Of Course m,y arc reversed, and bc
raossr n ,.6 ,r55 5 - ,rgra.'i IN c, ,a in
3olse n i9e pe .'nt eNoeis. of ha privilege your sn-
&, pro-.ayery doushaco. nd nj th,t Yc 81 We see
~ ny Tai,,i s,,ie r5a, ,nJ io an I'm ,,,'r l,cr ",
,n5et lh9i court n3 It's decisions nui'i} .-"'"1or"
Tins ho l,st y,jeor,,5 and much marc
li,o If Uo b,vc ma wish to frs, for the last
ward. brt ,ro tr, o,,;r h.c,nso tbo y,Jo-
,.,,,,I Il. ;,,,,,ro,.ir,, .S,,bst,,,,;,u,. mo do
mot dis,oroo viii, ho ,r,lo,-,,,, 20 ne 10 tbo
docisions or a,o s,nroroo carrt .,ys fine
g,J.o,o,,l -lnt t,cr ,,o ,ro ,ilt,. ,r ,lo,,,,,u
inc the gsleo,o,l nr urcino obodionco IN
.ncb decisions No dr p,d as wa ho,;oro
tho d.c;sior ~ tbc Cont IN no Scot, o,so
to bc Il In. 5.,o ohovod and robod, hos
,.,o,nrtod 60 d;.oho, :, nro1 ST. :.
s1,,o h,o,,,,. ,,, s,,ro,,o Co,,, &C ,,,o ~;
,.d e+,+o. ,.;u NO, ono,,;ro ,,ho.bor ho :.
oa,;.Iol 3, eo.lo,, D.ol eoo+,L,. ol....J
al no ..,i,o, ponu,,I;o,u.o -. .S.
ntohindar VIZ 80 doa. 49, yJ.
,.a,.l ,,,,,, H.. ,,,.,li..o,, 7, 4,
81 AL -, A.. -.
ro;rt ,,.horo NO ligor MIN t,o y,1...o,t h,,
b.,,.o NO, J., 1;g.r la.a w., -, ~,
y,}.ar,.t ron,or,hor tho, anr dao;.;,, 81 ,t,a
"up''me court OIL Ne'moh'' or oil "a county
'oul'' OF OIL q justice OIL tho Teacc' " ''"
'.''" 'eO'''''' preclSely 'lNe decision OF the
= supreme Court Ana "ilI 1t under
take 70 convince ITS readers that they are
o"uno not onIy 10 o''y' but TO 0Pro'e' oil
every "'oiS'on o' " vermont court OF oil
'"S'''o o' 'io re'ce' Inc question Is enough
we 'a"ol' "''no"' argument ana without c''-
ing instance upon instance where decisions
oven Oh tne supreme Court have been CON
The Telegraph is correct in saying that VIC
condemn it for approving decision which
contrayencs the Declaration Of independence
but its greater sin is in denouncng every
body for expressing an honest disapproyal
TIA protested Democratic paper-wages wa
upon ono OF tho constitutional rights of thu
-. - r,.,n.. ~, p,
biabor fhor tio Conn, H. -. - n,
or and a. rac,.,.,... ;.,.aa.-,....,;..,.,
Of oyory ,,ronn W. 10 .., .,,l..-;,'.
81. y.i.o..,l,. I.,..,...o,.