The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1859-04-07
Our Own state.
ORIGINAL AND sxIsc1ED PARAGRAPHS.

The Rochester Free Pre-. has some ab-
surd motions about usury law. 1t says
High rates Of interest are the immediate OF.
spring Of Wild speculation /; and money Dor.
rowed AZ higher rate than six per cent per
Annum, for the purpose Of carrying on any lie.
climate bus mess, must ineyi ably bankrupt
the borrower, il continued for any period Of
time.
1t depends very much on circumstances,
We take it, If money is borrowed at ten or
twelve, or twenty per cent, to be invested
in business which pays thirty, it would
scarcely bankrupt the borrower. This idea
Of restricting the priee Of money, is as ridi.
culous and as obsolete among intelligent
political economists as maximum price for
pork or -four. How much money does the
Free Press think would come TO Minnesota,
it it should prohibit higher rate Of inter-
est than 6 per cent, and could enforce the
prohibition. The fact is, the only safety in
such laws, is that they cannot be, and never
were or could be, enforced anywhere.
We learn from several gentlemen who have
recently arrived here from Ohio, that emigrs.
ton from that State the present season to this
section, will be unusually large. Let them
come. We will welcome them with outstretch.
ed arms.-Roehe'fer Free Prss.
Pigeons are becoming very numerous in this
section. Thousands upon thousands of these
birds may be seen in the morning and evening
in large aud numerous focks, flying from or
towards their roost, which we are told Is in the
"big woods, about ten miles north west Of
this place.-ibid.
The following boats have arrived at Wa
bashaw /; Pembina, Editor, Metropolitan.
Grey Eagle, Milwaukee, w. l.. Ewing.
The Lake City Tribune records the sud
den demise OF fat steer at that place, a few
days since. He died bya butchers hand,
and weighed 1900 pounds.
The Minnesota Patriot records heavier
cases of avoirdupois than that-three steers,
of 1900 pounds each, having recently been
killed at that place.
Preparations are being made at Farri-
bault for the construction of at least one
hundred buildings during the present year.
The Mower County Mirror says there is
no further need of leaving Minnesota for
Pixies, or any other Peak, as active prepare
tions are being made for working the Zumbro
gold mines. 1t is stated that quite large
quantity OF the genuine article has been sent
to Chicago, for which sl4 per ounce was
readily obtained.
The Albert Lea Eagle gives the follow
ing extract from letter from Pixies Peak:
The gold is fine and hard to get. and as long
as you have show for o living at home. You
had better stay there, Instead OF seeking your
fortune at these diggings.
A German Theatre has been started at
Hastings.
Our readers will recollect that last fall we
occasionally copied from the st. Paul market
reports, showing that higher prices were sus-
tanned there than here, Tor produce. We have
since learned that the 81. Paul papers are not
very reliable in their market reports--th the differ
ent papers showing difference in the price OF
articles quoted, from to 10 cents per bushel.
We now look upon those Inconsistencies as a
UeN dgsstd effort to rob Hastings and other
surrounding places, OF their legitimate trade,
snd 1t has not been without effect Hastings
fndspsnd'nf.
The Tunes and Mtnnes0ttan should by all
means correct their market reports, so as TO
correspond with the PIONEER AND DEMO
Graf, tor, notwithstanding the Independent,
we don't believe such symptoms Of good
digestion as it aIludes to, are likely to pro-
mote clearness OF ideas in their readers.