The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-03-04

Al u meeting Of the citizes Of st. Peter
and its vicinity, held at the Ewing House
on the evening Of the 25th February, for the
purpose of expressing their views on the
subject Of loaning the credit Of the State to
the four Land Grant Railroad Companies
the meeting was organized by calling Gro.
HEM.kr, Esq, TO the chair, and the appoint.
ment Of CHARLES q. BREWSTER Esq, Sec
retary.
The object Of the meeting having been
stated by the Chair, Hons. A. q, CBAr.
FIELD aad Cn.s. T.. FLASDRAu (having been
specially invited by A. +. ilooN, ESQ.,. I'D
drssed the meeting In favor Of the project.
after which motion was made by REUBEN
MURRAY, Jr Esq, that the Chair appoint II
committee Of seven TO draft resolutions tx.
pressivc Of the sense Of the meeting, which
was unanimously carried.
Thercupon the chair appointed Reuben
Murray, Jr., A. 7. Iiowcs, B II. Pratt. w.
q. Dodge, and II. Austin, of St. Peter, y.
Il. Cocks, Of Traverse dcs Sioux, and n. r.
Wakefield, of Cleveland.
The committee retired for some time,
during which the subject was discussed by
other gentlemen.
The committee. on their return, made the
Iollowing rep0f,
Whereas. the Congress of the United Staies
nj its iast session made N iar.o ,nJ ,nuniiicsni
GRANT of land to III. Terri,nyv ri Minn..o,a fnr
railroad purposes.
And whereas the I.e0isla,ur. of tho Tsrrlto,,
of Minne,otn. MT il l.st .,sslon' annron,Ia,eJ
such lands 10 four several ,ailroad ra mnani,s
In accordance with m. net az Cong,e.s naLinv
the grant aforesaid:
And whereas NV the ter,us or .ald g,.n, said
several railroad companies ar, required 10 lin
ish rnid ralroad, within N sn,riied tn,ma of
80 ars. nnder A penalty of tho fyiei,n,e of nm
amount of lands propyr,Ional Ia The sm,un, nj
road unfinished al tbs oxuira,iou ~ .aid .n,el
fed term of ,enrs
And whereas, the present embarrassed state
Of financial affairs In ibe commercial world rem
dera IL in,pos.ibIe 10 negotiate loans upon rail
road securities abroad,
And whereas. the psople Of Minnesota. Ia or
der 20 secure The grant Of land aforesaid, and
10 enjoy the great and lasting benefits which
the experience Of the last fc years has clearly
demonstrated do arise TO every country from a
properly located system of tuilroads. are great
" interested in The completion of the -four land
grant railroad. aforesaid at M early a day M
the magn',aas . o' ,h' en-, sn'srpfss w,'i admit;
and vic Inity. being interest aliIe with ths whole
people OF minnesota ~ ihe early completion Of
iarIy the transit and southern NJ nne.n,a rsa.
,, roads, nnaet.,".a"g Una. measure s nov
provide for such modification Of the ConalIta.
u'h a' WIN aathofize , tho A Issue ., STATE bonds
s,ruotion Of tho four railroads aforessid there
fo'o be II ,,,.,.,..,,
fayorable s,nte of 0nanrisI affairs. greaiiy dc
prrcate the creation ~ n state debt. We do
nov give our hearty sputovaI Of suoh modIa
cation of the Constitution MA will anthnri1s
loan Of the Bond. ~ The state for N. atnonnt
heretofore narnoi "a the said four land grant
Railrosh COMPANIES under such re,trietion and
regulations AZ will apDig .,ra,, the 9ta,s
again, the pa yneni OF the prlnoipal and lotsf
est Of sad bonds and guaranty the faithful ap
nreg ,he railroads ii "a Aforesaid. s i'd WV "'''"'" y"
H. hrnH.n' Jt.. Chairman.
B. =. Par
w. T. poiTt'