Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1857-10-07

The BUBBLES OF THE DAY.-Under this tie II,
New York Herald contains an article. shovnata ae
the Yankees mix up "piety" politics and stocks" jn Nv
their railroad and land speculations in the Va,
1t says:
A distinguished gentleman, recently returned
from visit to the Northwest gives an amusing ae.
count of the manner in which the specuIators in tb
region have managed to turn the Kansas fever to
their own account, and the result of which is NM.
being felt in the swapping Of railroad Commands
and the explosion of kindred bubbles Its a ers,t
error to suppose that the New England States con-.
tinue to deserve their character for ssnarnesv,
Their day is past.-W OGDEN nutmegs and basswood
hams were well enough some years ago; but tina,
sort of business best was mere petty larceny and
utterly beneath the dignity of rascas who 20 in
for their hundreds of thousands and whose opera.
tons ruin households instead Of merely giving them
ndigeston.-The keen fellows now live IN the West
men who, in point of shrewdness, can twist an un
fortunate Yankee round their fingers; and who. in
point of fact, have done to an almost incredible
extent In justice to the New England States We ad-
NIT that most of the operators are emgrants from
the land of pumpkin pies who having found that
paradise too circumscrbed for their genius, have
sought its expansion amidst the praries of the West
I'VE have every reason to believe that thousands
of the citizens of the New England States have been
taken in by the land and railroad companies Of Kan
sas, Wisconsin, Iowa, &c. Their stock is found in
almost every farm house-lher bonds in every vii
lage. The plan of operations adopted by the spe.
culatior was beautifully simple, and easy to carry
out. Agents were sent to the East to describe. in
glowing colors, the property Of the West Chicago
instance of the beneficial effects of railroad
communication. A thousand Chicagoes were in
embryo, and it was fortunate for the people of the
East that they had thus opportunity to receive
of the golden fruit. Then, again it was neces
sary to check the progress of the Shareholder and
this could best be done by building railroads, and
thus opening the country for settlement. The min.
sters too were told that whilst all this temporary
prosperity existed, there woful lack of religious
feeling; there few churches, and no dependence
upon stated preaching. Here was on ample field;
but shepherds are wanting. Thus railroads, freedom
and gospel are beautifully mixed up the result
that every man who had dollar laid by felt that he
was not only assisting humanity and religion, but
lettering himself, by an investment in the West
This has been the true secret of the Kansas fever,
and it is easy to that its collapse is necessary
and natural result buying experience at the expense
of ruin to all the dupes who have been shreking for
freedom and hoping, at the same time, that it might
bring in handsome dividend.
ut is exceedingly doubtful if even the present
warning-severe as it will be-will prevent repeti
ton of the same game whenever it can be played
1t is not the first time that stated preaching has
been ugged in to help to bolster up stock specula.
ton, and it is expecting too much to imagine the
race of dupes is dying out. The Kansas fever and
Western railroad bubbles simply mark another ustre
in the commercial history of this country"