Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1858-12-30
The Governors Veto.

So
The Governors Veto.
Gov. Lowe, as will be seen BY the an.
nexed communication, has concluded moi
to call an extra session of the Legislature
in view Of our railroad interests. Conse
quently, the project Of securing State aid
for our railroads is, for the present Al
least. frustrated, and we will have to rely
upon other sources to obtain the necessa
ry means to hasten the advent of the iron
horse. The future will determine wheth.
er the Governors decision will be iniuri
Gus, or otherwise, to the State.
1t is in fact no light thing to create even
a conditional debt Of ten millions, how
ever the State may be secured from even.
ual damage; and it is right and proper
that the project should be assailed and
denounced and thoroughly sifted at the
start. This has been done in Iowa, vet
we have failed to detect any arguments
which go to prove that the loaning of the
States credit would necessarily burthen
the people Of the State with taxation, or
that there is any danger, however remote
or contingent, that the interests of 4 State
would be sacrificed to the interests of a
Railroad Oligarchy. On the other hand,
all have argued that, should the State aid
the most important of her roads, ii would
be the means Of immediate relief from
the pecuniary embarrassment which per-
vades the State, and inaugurate healthy
aud universal revival Of all kinds of bust
ness within our borders. The opponents
Of State aid forget that the State has a
paramount interest in the immediate devel.
oDment Of our railroads-and that the ne
cessity for this measure does not origin ate
with the railroad companies, but with the
people; tina, the eAigeucy which demands
it is one which involves, lot the railroad
companies particularly, but the whole
community; and that this exigency is i'm.
minent, urgent, critical, requiring promp,
Intervention. II is NOT q measure, we say
again, Of the railroad companies, but Of
49, People. and of the State. which ia the
people; it is not for the future alone, bu.
for present uncture, which thus takes
care OF itself without prejudice 70 the fu-
ture.
1t is true, indeed, that in general
sense, the interests Of the Railroads and
State are identical. The whole future of
the State is bound up in our railroads. 1t
will grow as they grow, and stop when they
stop. If this were all, the companies en-
trusted with the building Of the roads
might we'll be left to their own resources,
and to the slow restoration of public con
fidence in railroad enterprises and if the
prospective completion of tie roads were
the only thing to lie secured, the interpo-
sition Of the State would be inexpedient
because it would be unnecessary. Blu,
this is not all--nor is it from any want of
ability on the part of the railroad compa-
uies to execute their trust according to its
terms, that application has been made to
the State for aid. We want the influence
Of the rapid progress of our railroad en-
terprises to regain the tide of population
and capital which is being drawn from us
by the array Of influences which has cs-
tablished control over the emigration of
the country. This must be done at all
cost We should be willing to do it at
any sacrifice within our capacity to bear.
If ten million dollars absolutely sunk in
the experiment, could purchase the emf.
grafton Of the coming year, it would be
worth double that amount to the State in
a single year.
The expenditure of ten million dollars
among the people of Iowa, would turn the
balance Of prestige now inclinin1 towards
other settlements, decsively in favor Of
Iowa. 1t would vitalize every arm of in
austry 1t would revive all departments
Of business---it would restore confidence,
and gil all the channels OF trade. Ii would
add thousands to our population. and by
the diversity of pursuits that it would Gre
ate, and the labor that it would employ,
would establish permanent and reliable
home market for the products Of our agri.
culture. We consider this one of the
chief benefits of the measure. Until our
agriculture is able to take care Of itself,
and is placed by proper system Of inter.
communication upon basis Of equality
with the railroad States around il, /. must
find its market ut home. Last year, when
immigration wansd in consequence Of the
crisis, our farmers experienced to some
extent the evils resulting from want Of
this market. This measure, both by the
labor it will employ directly, and the pop.
nlation il will attract incidentally, will re-
store the ratio Of consumption, and while
1t will beneit al other classes, will enrich
the farmer.
But-the Governorhas said nay, and we
must bide the return Of confidence, which,
like wounded snake, drags ito weary
leng,h along. for the completion Of or
railroads, aud the consequent development
Of the wealth OF our young State.
This is the Governors letter.
ExEcurIvs cnMn.R, DIS MoTyEs,
Iowa, Dec. 18th, 1858.
In view Of the unsettled state OF the pub
lie mind in regard TO the proposed call of
NJ Extra Session Of The General Assembly