The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-12-30
The Growth of Population. aud Increase
Of Propssty Ia Minnesota.

OF Ff0psSst tu stbunssoss.
There are two elements which enter essen
italy into every estimate Of the financial
RESOURCES OF Minnesota one Is ia actual
status, the other ts average ratio ofincrease.
The latter is as substantial an ingredient in
the basis Of her financial engagements as
the former, just m, in estimating the mer.
camille standing Of private individual or
corporation a. the basis Of money loan,
we take into the account the usual profits
Of the business in which the loaned capital
il TO be invested. The Northwestern States,
the world, resemble prosperous business
houses. Whose rapid and secure accumula-
tions Of capital yearly, enable them to con
tract liabilities 10 anticipation Of their regular
revenues which would be ruinous TO states
which could not rely upon this periodical
increase Of capital. Accordingly we see
that the rapid extension of Railroads and
other public improvements 10 the six North
western States has been uniformly predi.
Gated upon this confident anticipation Of
their future resources and in every instance
their prosperity has more than vindcatcd
their faith in the efficacy u the means used
to develop their latent capacities.
Il is a startling TACT, that there are more
miles Of working Railroad in the three
States Of Ohio Indiana and Illinois. than
in oil the South and Southwest, and more
miles Of Canal in these three States than in
oil New ESgland, New York and the South
and Southwest. From statistics published
nearly year ago by the Cincinnati Ia.
saie, we take the following comparison Of
the progress OF Railroad making in the dit.
ieront sections OF the Union:
Companies. Length. Cast
N. England 4 n. York l3o G.Jls $50, 900 900
south prop r....,..., 20 i.@2S III, 0o0,0O0
Southwest. ......... 81 lao nj, 10000
When the reader has pondered upon these
figures, and comprehcnded their full signIh-
canoe, let him compare the growth in pop
ua,lon Of the different sections above men.
toned with the Northwest, in which we
mean 10 include the seven States OF Ohio,
Indiana, Michigan, Illinois, Iowa, Wiscon.
sin and Minnesota
1890 1857.
n England & N. York ,3.Oo?s? 5,GOo,Ooo
The Original south ...,, 3 OPS 0J7 5,0sO, 900
Southwest. ......,.......,.l,t2 tG65 6.9t7 900
Northwest. .,.....,....,. 1919 1900 900
These figures show that in the last thirty
seven years, the old South has increased 81
per cent, the North 80 per cent, the South.
west 3l5 per cent, aud the Northwest 500
per cent.
SO much for the increase Of the north
western States, as compared with the other
sections Of the Union. The result we think
shows the folly Of applying the same condi-
tions to the northwestern States. in negoti-
atoms for capital to be employed in the dc
velopnent Of their resources, as are appl-
cable TO other sections. whose population
aud capital increase 80 slowly and languidy
that the capitalist very properly looks
mainly TO their present status, as his secu.
rity for advances Of money. Now let us
ascertain the specific law OF growth, which
is developed in the statistics OF these States
for the last liity.scyon years. The following
tables show the growth OF population in the
seven States We have mentioned: