davidaulloa/AmericanStories huggingface dataset:
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-03-18
This Securities Repaired by the state from
the Companies.
THIRD ARTICLE

While Minnesota is willing, at this season
of depression in the financial world, TO pre-
vent postponement OF construction upon
her Land Grant roads hy lean Of public
credit, yet the Constitutional amendment has
been carefully framed 10 exclude the posi-.
blity of taxation. Each Company shall
make provision for the punctuaI payment
and redemption of NIL bonds Issued and de-
lScrcd rs Aforesaid TO said Company. and
for the punctual payment of the interest
which shall accrgc thereon, in such manner
as TO eNonerate the Treasury of this State
from any advances of money for that pur
pos" snch is the emphatic injunction of
the Section, which instantly proceeds to pro-
vide security therefor The term loan
OF public crclit has come to be n well
understood in the stock marke, rs endorse
ment or guaranty in commercial circles
Every successive holder of the State Rail
road bonds understands perfectly, that the
Companies. receiving the aid OF public credit,
arr required and expected, under fatal forfeit.
urs and sacrifices to provide for interest
and pr'ncipal--that the State Government
willimpose no taxation for the purpose-that
the people authorizing this loan regard it.
and have the right TO rrgard il. as the
Companys d'bt, with tina, A4srec of liabili
ty on the par, OF the State. which viii sat
isfy the hond:hokler that the Scuri,ies held
10y the Treasury will force the prompt nay.
ment Of in,crcs. and principal by the Rail-
Rad Companies.
The State holds this language to capital.
ists-"Here is system Of r,ads. every nor.
ton ii which is u trunk rad br an extended
and valuable portion Of cOantry-as if only
one line was projected through district as
larye As Massachusetts--and in aid OF its
construction Congress has appropriated FIVE
millions Of acrcs Of land. ExMp, for the
financial crisis, the Companics charged with
building thssr roads. and vested with the
lands granted for that purpNe would have
commcnosi active operations this spring.
II Is now evident. that. wiihou, aid. this csn-
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-03-18

sues, as above stated. They certainly will
not do SO, until, by the terms Of deeds Of
trust, it is made certain that the bonds thus
negotiated will be as valuable as we desire
those held by the State to be made. With
such an arrangement, ten millions Of Euro
pean and Eastern capital, instead of five,
may be permanently invested in our great
leading thoroughfares within a short period
Indeed, there is abundant evidence that when
the people of Minnesota show to the world
that we not only have confidence in the iu-
ture Of the State and the permanent value
OF our internal improvements but that in q
crisis like the present, the government will
interfere actively in behalf OF these enter
prises-we shall be met more than half way
by parties seeking investments for the ac-
cumulated capital of both worlds. Hence,
we deem it fortunate, that the Legislature
has been satisfied with abundant securities
from the companies, and haveno sought un-
necessarily to restrain their energies in going
beyond what the State requires as the results
OF the loan Of credit.
In the foregoing review Of the nature of the
Securities held by the People of Minnesota
against the contingency Of taxation, we have
purposely excluded from view the personal
guarantees, which are afforded by the inter
ests and honor Of our citizens who are con-
nected with these Companies Even thus
considered We are prepared to assert our en-
tire satisfaction with TIE safeguards estab-
lishcd by the Section as it stands. Indeed,
when We look abroad, and compare the Sc
curities which have proved ample in other
States to protect their Treasures from any
advances on account of loan OF State credit
Tor railroads, We agree with the intelligent
editor OF the Cincinnati RaRrOdd Recor3,
f. ID. MANSFIELD, Esq, who observed Of
this Minnesota measure, that the securities
were at least itr'te as great as had been eX.
acted by any other State making similar
loan Of State credit
In another article, we propose to dwell
with some minuteness upon the experience
OF other States.
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-03-18
The Safe aud Heneti Experience Of
other States who have adopted the Rail
Road Loan Policy.
FOURTH ARTICLE

We recapitulate, for the purpose Of the
comparison proposed, the JoWfod securities
required from the Minnesota companies:
/. The forfeiture of the right to further
instalments Of State aid, unless the semi-an-
nual interest on the bonds previously issued
is paid by the companies.
2. The nett profits Of the roads, pledge
which renders the works unproductive to
stockholders until provision is made for in
tercst.
3. A conveyance Of $4,000 acres, gao
sections,) by each company, for a sinking
fund of principal, and to meet any default
Of interest; and which, as proposed to be
sold, will return TO the State Treasury
81 ,53G 900, or a total of SG,24i, 900.
4. First mortgage bonds, corresponding
to State bonds, and equal in amount, to be
sold pcremptorily, if necessary to protect
the Treasury from either interest or prnci-
pal on State bonds, with a further remedy,
at the discretion of the Governor, by fore
closure OF the mortgage upon the roads,
lands and franchises Of the companies.
After a careful examination of the lecis-
lation of other States, it will be found
plain proposition that no loan Of State
credit has been made elsewhere on so salts.
factory basis
But before proceeding TO particulars. we
desire to present briefly a very important
distinction between State debts for internal
improvements and loans Of public credit
The former exist when the State is directly
engaged in the construction Of public works,
and borrows money TOR that purpose with
corresponding taxation Tor interest; but
loans Of public credit are conditional en-.
gagements of the State to aid private en-
terprises, devolving upon the persons inter-
e<Ie6 the obligation OF providing for the
payments OF interest and the final redemp-
ton Of principal, and exscting securities in
advance that they will not fail so to DO.
The whole history Of the Canal and Raj.
road systems of the United States illus.
trates this distinction. II il so palpable. az
to leave no excuse for any opponent of the
loan Of State credit, who insists upon styling
the measure Public Debt imposing ne
cessity for taxation, New York. when that
State undertook the Erie Canal, was lei by
the prophetic spirit OF CLINTON to regard
the object as sufficiently important to au.
thorize the creation Of debt Of seven mil.
lions of dollars; and il the Canal had no,
proved very productive, the State would
have been bound to provide for the interest.
From ls2s. when the Erie Canal was com.
pletei until the railroad era fairly com.
menced-ay to ls42' or period of four.
teen years-all the Middle States largely
embarked in canal projects. and most Of
their public debts were incurred by them as
canal builders. When. therefore. railroads
began 10 b. Constructed. New York. Mary
and, Pennsylvania, and the States between
the Ohio valley and the Lakes, were 30
much interested in canals that they had lit
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-03-18

OuSt poItioDs vi tir iegisaLIOh VI hH-
nssota On this subject may b. useful for ref
crcnce in this connection. What il required
Of the Southern Minnesota Railroad Com
pany, both in regard to construction and
localities That company received the
grant Of lands PERTAINING to the road :. from
Saint Paul and from Saint Anthony, RIA
Minneapolis, to convenient point Of juno
ton West Of the Mississippi, to the South
ern boundary Of the Territory, in the direc-
ton of the mouth Of the Big Sioux River !"
this point Of junction West Of the Missis-
sippi was fixed at Shakopee, and other
points Of the Minnesota Valley were desig-
mated and, as conditions Of the grant by
the Minnesota legislature, i" that portion Of
the road Aforesaid from st. Paul to st.
Peter and from St. Anthony, va Minnea-
polls to the point of junction at Shakopee
City, shall be completed within four years
from the first day of January, A. ID. 1855 {:
Provided, that that portion Of the road
from st. Anthony, r'a Minneapolis, TO the
point Of junction, shall be commenced and
built ia soon ~ that from St Paul.
These extracts from legislation now in force
demonstrate that the representatives from all
sections were vigiant at the session Of the
Territorial Legislature; and no one doubts
that our local members, in consenting TO the
foregoing provisions in favor of our enter
prislng ncQhbOrl ut saltwater st. Antho-
ny, and Minneapolis acted magnanimously
ana justly. so with the Minneapolis and
Cedar Valley Railroad Company. Section
G recognizes and establishes its route az fol-
lows" From Minneapolis, in the direction
Of Farbanlt. TO a point OF junction with the
aforesaid railroad from 81. Paul TO the
Southern boundary of the Territory OF Min
reso'a 10 the direction of the mouth OF the
Big Sioux river, said poiit of junction to
be in the county Of Dako ia, from one to six
miles from Mendoza, in southerly dircc.
ton thence from said junction or crossing
of the said railroad from st. Paul, t,a Far.
ibault, to the south line of the Territory of
Minnesota, west Of range sixteen" In re
gard TO the Transit and Root River roads
the Legislature imposed no conditions beyond
those prescribed by Congress.
For the purpose OF removing all question,
however, in regard to the application of the
State aid to the best advantage of the pub
lie, the closing proviso OF the section was
added in the Senate requiring each Compa-
ny 10 complete fifty miles Of road before the
expiration of the year 1861, and one hun
dred miles before SCI, and four-ffths Of the
entire length before 1866 with penalty
Tor noncompliance with these requirements
that all the lands and franchises pertaining
to the portions not thus constructed shall
be absolutely forfeited to the State.
Grouping these provisions together, we
cannot resist the conclusion, that while the
Companies are not unnecessarily restrained,
the people have every reasonable assurance
that the aid of the State will b. applied to
the best possible advantage.
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-03-18
PUBLISHED EvEKY TnUHspAy,
the Pioneer Buildings, corner Third and
Jackson streets, by
SOMERs


TO M sERT TO ONE Address:
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Three copies, one year, ........... 800
Five copies, one year. s,W
Ten copies one year, 1900
Twenty copies, one y'r, TO one address, 1000
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Address,
Publishers Of PIONEER AND DEMOCRAT.
~. Paul. Minnesota.
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
II WISH TO HIRE

Osuaburgs and sheetings.
100 BALES rs and "a os1abargsi
lUU 10 bales "a inch Basgnsi
So . sparta, laurel HIl and Summer sheetings
.ss,iab 10 ~. H. COhlgUA CO.,
fauz9 Agents for TelDsssss AAHaisetaFer
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
The Great English Remedy.
Thorn's Compound Extract NJ
COpaiba and Sarsa ma riIIa.

Dosesss advantages not enjoyed by any other med
tcine Tor the cure Of sexual diseases which must
with enlightened public render IL asSrredIy hlvilv
popular and desideratu long sought In the med
zeal world IL needs no confinement change OF Diet
In Us approved form, that OF paste entirely taste
less. ana CAUSES unpleasant sensation 10 the Ilept
has acquired the utmost fame IN almost every nara
OF EUROPE IL has been examined, approved o. and
sanctioned by the faculty of medicine and recommen
aed ey the most eminent Of The profession. Prepared
oy }. W THORN Chemist, London, and for sale
wholesale and retail, By Joss A TAkEAsf A Co Agents
for the United States 27s Creenx ch street New yers
A the above valuable preparation has been exten-
slEely eountereited BY unprincpied parties IN the
lnted STATES, the proprietor has adopted as prcc.u
uon against Imposition On consumer Label OF which
the Following k FAC smile, and which viii be found
burnt npon the bottom Of each pot Ct the eesnin<
Intended or sale the United slates Cansd.s tr,tIxh
osinees, west indies and south America. - = =
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
LIVERY STABLE
GIFTS. GIFTS. GIFTS.
BooKS!. AzszN BooKsM
10 United States Benevolent Society for the
Diffusion of Useful KnowlaiPa

rINHE following is a SCHEDULE OF Property which
il viii be given Purchasers Of Books the time
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
r. r. r.

IIEALTH WILL in all cases, follow the OF Rad
ways 4. K. Remedies. There sck
or diseased, weak, feeble, crippled with pain
infrmtes, but that Railways Ready Relief, Removal
ing Resolvent Regulators, the OF the dis
case or sickness may require, will quickly and rapid
ly cure.
These remedies consist of Railways Ready Relief;
Railway RenOvatng Resoivent; Radway Regulators.
Each of these remedies possesses special curative pow
certain diseases Yet there other diseas-
es, wherein their combined medicinal properties are
required; and when thus used If there is sufficient life
and strength within the diseased dying body to
tain their action, the patient will live and be restored
to health.
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
Given under my hand this August 25d, 1857.
a. DANIEL SHELTON
JACKSON Tenn Ang,,,

JACKSON, Tenn, August % 1887
The above case was perfectly cured BY Is bottles of
The Lthontrptic, and WAS OF the worst cases ~
Gravel that has ever been in this country
G. ADAMsoN.
Let every female who expects TO become a n,n,her
read the following and pront thereby
=, foRkvIIIK, October, 1858.
Mr. j. +. CowAN-Dear sir;-You vii do me tbe ina
Ness 10 publish under my certificate the follovinp n,
that Tue suffering community may be benefited,
have gwen birth 10 nine children, and my life being
miraculousiy saved (as consider) by your uaedioue
cannot IN justice 10 you and the public withhold NV
testimony 10 It's many virtues -
used your LithontripIc in small Dortions r.rb.,.
once day, for i've months which dispel.d ,tir.l,
the natnleit sickness OF the stomach aud burn
winch had annoyed me, 10 alarming eztent
IN all my former pregnancies. When 1 Was con-
lined l took about two wine glasses mn n, a..
same medicine, which gave me An easier dcII,,-
cry by great deal than ever had before Norris
this an seen II tried IN one aud heard from
respectable source IN another case that your Ith,n
trptc WAS tried IN, ana the Midwife with others A, "a
Attendance were thoroughly cony need thar the main a
the delivery was very much lessened by its use
would say 10 ali my sex that expect 10 be Inotlrs No
10 be without your Invaluable medicine durinr tres,
nancy and PARTICULARLY at the of con hnerient
II has marked tendency relax the system cons,-
queutly the pam OF labor much dluiuSb.i nd mr.,
uer my IhysicItns and Midwife both sid thar had
drolsy OF the womb. and enJoy better health
thah have done IN ten years, and believe tho ds-
is entirely removed.
sir do ths that the sulerings Of very many of my
sex may be allevated II they only overco their
prcJudccs SO much AS To ty the Itilanrit,c N nlv
person wishes a. Know my opinions flftlsr uDou tl.
ELIJAH SNOW
CYNTHIA l.. SNOW
was present and heard Mr. snow acknowIedge the
facts contained IA the above certificate / hnve L.en
acquainted wdh Mr. and Mrs snow Tor many ycars
anu have reason 10 believe the truth OF their certh.
cate. Rev 4 M NLEIu ~,
PREPARED ONLY By '''A -''ND''AAa
mar2s--triw4w6m Nasb,,i1a 1,1,,,,,,,.
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
McLean's Volcanic Oil LiRiment |!
TIE BEST IlNIMENT IN THE WORLD
For Man or Beast.
Another Remarkable Cure Performed by Nc
Leans Volcanic Oil Liniment.
RiEan EOR AAI RsI.I AIS.

FUh TUX
Thomas Ford blacksmith, living near Cass avenue
Teuth street, had a horrible running sore his
foot. He tried various Lniments. Salves, &c., but
could do II good lie desaIred Of ever beng able
work his trade again, because lac could bear
weight his foot; and by bottle of Mclean :
Volcanic l.uiment he Is now perfectly cured
rheumatism, Paralysis, Neuralgia Bruises, Sprains
illness the JOINTS Muscles, sore Throat, swell !.
mgs, Ear-ache or TOoth-aohe, Wounds, Fresh Cuts,
Sores, Burns, Scads, Palms. Sc yield 10 the maggie
influence OF this wonderful Lnimeut.
For Horses and Cattle II EGtll.hlc remedy for
Chafes, Calls, Scratches, Cracked Heels, Iameness,
SPAWN SSeeny, Splnt, Fistula Bruises, SRelllngs
Wounds, Rattle Snake Bites, and various other
which animals fable 70 from injuries
dents.
Every Country Merchant should obtain n supply O
Mcleans Volcanic oil Liuiment. IL sells rapidly be
cause IL always
A liberal discount will be made 90 merchants who
buy to sell again.
Sc For sale by J. II. MCLEAN, Proprietor, corner
of Third and Pine streets, 81 Louis, Missouri also Tor
sale IA above apl3-ltwawly
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
l.cather RnnAs,

t.st Chclnlst aud fhsrsnso-uti-l, -
Ne south seventh street. PhilzdelpAi&-
g sale By al prasEssse. anrls-lx
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
X. R. IL.

k. Ii. IL.
f. X. R.-Radway's Ready Relief for Headaches,
whether sick nervous; Rheumatism, Par
aysis, Lumbago, Gout, Neuralgia, Tooth.
ache, Small PoX, Fevers, Swollen joints,
Kinney Complaints Scarlet Fever, Pains J.
round the Liver, Peurisy, Measles, Heart
burn, and Pains OF all kinds. Railways Rc.i-
dy Relief will, in few minutes change the
mseries you suffer % JOYS OF pleasure.
r. R-i;adway Renovatng Rcsolvent for the cure
OF chrolic diseaseS-such $ Scrofulous and
SyPhllItic Complaints, Consumptive and 9th
er affections Of the Lungs and Throat, lndu-
ration and cnlargements of parts Eruptve
and other diseases Of the skin, Nodes Tu-
mors, Ulcers, dyspepsia, and all other dis
easescs arising from impure state Of the
Blood.
r r. R.-Radway's Regulators will cure, effectively
and speedily, Costvencss, Indigestion, In
Illumination OF the Bowels, Dyspepsia, LIVER
Complaint, Diseases Of the Heart and Kid
peys, Female Complaints, SmalPox, Ferers, B.,
Measles, &c. Whenever the system is out
of order dose of Radway s Regulators will
restore II 10 regularity. No female should
be without them.
R. r. r. Remedies are sold by Druggists everywhere.
marl0-lydAw kADWAl 4 co.
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
Removal.

INHE subscriber takes this method Of informing his
i old customers and friends and the public general
y, that he has removed his Hardware Store from the
old stand Market street No So in the large brick
building lately erected the South side of Broad
where he keeps constantly on hand and makes 10
der the various articles embraced in his line of bus
ness lie invites especial attention to hs large
ment of CASTINGS, HOlL0w-WARE, BRASS, &c, such
Mantle and Coal Crates, Wagon Boxes, Plow Aiods,
Straw Cutters, Corn Shelters, Corn -Crushers, Mill
Crushers Balcony Work and Iron Fencing Coffee Mills,
Tea Kettles Brass Kettles, Dog Irons, Candle Sticks,
and an almost endless variety of other articles.
Jan. 29-f ANDREW ANDERSON
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
constitutional Diseases.

Many diseases that affct humanity are inherited as
heir looms from the diseased bodies of sickly sire.
Scroiua, Consumption, syphilis and Fits, among
the most common of constitutional diseases. Now,
care not how many generations the seeds Of these dis
eases may have been established in the system,
ruptEg the blood-RGdiUdys Re'lOpGtlg Resoirdnf will
eradicate from the bodies OF the afflicted every part-
Gle OF diseased deposits and I'll the veins with new,
pure and healthy blood.
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
Meoilal.
Greatest Medical Wonder
F OF TIL e AGE!
VEGETABLE LlTH0NTRlPTIC,
Friend Of the Human Family !

II ME world challenged to Drodacc a medein. th.t
Il has Afforded the SAME Uf relief 10 suffer-
iis humanity as COwan's IaIl0nrrip,sc(
COH4NS LfIifcAfRiIs1IC has cured thousands
OF ease % St"ne IA the Bladder kidneys
COWANS LLJIiOAIhll'71C has cured the most
aggravated cases OF Gfavel seen and is the only
certain remedy now known for the above Diseases
CUUAA'S LI71fOAzRLi'I7c Iever fails ~ cure
al the diseases Of the Kidneys and bladder
CUWANlS LLIHONTRLf,I7C rs the only sure rem
edy for Diabetes.
,CoWANs Li7HoNTRIPz7C is certain cure for
Chronic Genorrho and elect. ------
COWAN'S LiTHONzRLf'ITC cures weakness o
the Lons. .IriHr II = -
CoWANS LI7HoNIRLPTYC has cured the worst
cases OF froiapsns Uteri ever known
.COWAN NSLITHONTRLloIIC is the only sure rem
cay tnat has successfully cured Barrenness
COHAN'S LI7IfORIRIF'IIC, will cu-e the worst
forms OF Dropsy.
CowANS LIrHoN1RIeTYc win cure long stand
ing cases Of structure and remove from
the system.
1ooWxs'S S,LTTzfoNTRLPzTcis is the onIy remedy
known for the cure OF all sympathetic complaints at
tending on Pregnancy, and every female is ,,ri
nant should at once procure bottle If she Wi hes
ieel Wei, while IN that condition.
COWAN'S LiIhOATHsfE'1ICr is the only remedy
ever yet discovered that Will relieve pains OF labor
ana the whole female world should rejoice that such
discovery has been made whereby they have obtained
sure friend 10 assist them greatest trial of their
life. 'e'i
The most incredulous will he convinced of the preat
efficacy OF the lthontriptc by reading the following
certlhcates aud those around each bottle
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
ParasoIs and Suu Shades.

A BEAUTIFUL lot ol Pa&sOls, Sun Shades, and
"A ladies' Sun Umbrellas, just received and for
sale by
apr54-a W A. Al. C. NcII1I-AND-
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07
Misrellanfon5.
Safety, Utility and Beauty.
New England Trace Coupling Company.
State Rights for Sale.

WE are now exhibiting this desirable invention TO
w the public. The IatcHt Trace Coupling IS an ar
ucic winch necis ouly u be seen to ne appreciated,
and universally adopted. Iy tins Coupling the Trace
Is attached the wlictrec iHStdhdHeOuSty, ultt0at
siliHg he hdHLS-cdlt be disconnected by dccltent
IS srOn eT durable than any other attachment
now ln use and makes what Is 50 desirable IN fine
carriage, "a srcctieiH hHtsh.
The Couplings manufactured OF different matSri-
ais from Jlc common uush to the finest StlCeT plate,
and C be supplied 0Oer cOSt than any thing that IS
now used FOR III It purpose leaving margin Tor an tH-
Be,tse proft Amy person with a moderate capital can
soon realize fortune IN its sale.
We prepared to furnish the Couplings, oi the
different udcs ald costs in quantities as desired To
those only who purchase -tItc rIglts.
Tne Couplings may be seen az 1He ,.tir" Of tho Com
pany, where u scalc OF prices may be obtained, and
all Communications must be addressed TO ''IHE NEW
ENGLAND TRACE COUPLING COMPANI," basement
No. ) OLD STATE House. BOSTON.
ie1-2m4-iI. b.
Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-07

WE hsve the best asseHtheut az Table Linens,
w NAPKINS, Doyies Towels, aud Toweling Goods,
ever offered and al lower prices
AnT2i-u W. A J. G. McCIklI.AND.