The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1859-03-31

Add three cents Tor land warrants IN st.
Paul. Minnesota currency goes at the rates
Of Illinois and Wisconsin in New York.
The New York Herald has the following
upon Western Stocks:
For the past eighteen months the railroads OF
the West have had every thing against them
aud nothing in their favor. Til the crisis, they
were for the most part recklessly and corrupt.
iy administered. and their proper revenues
squandered in a variety Of ways. Since the
crisis, all the earnings have been devoted to
paving of the floating debts previously con.
iracted. simultaneously with tkis claim upon
their resources, short crops diminished their
receipts. and commercial siagnation reduced
traffic to a mere nothing. Fierce competition
between leading roads. and wholesome expo
sures publ shed in leading presses, very nearly
destroyed railway credit altogether. Il is, in .
word, impossible to conceive more complete
animation Of disastrous circumstances than
that which has pressed on the Western roads
since August 1857. To add to their causes Of
enhancement would have been impossible.
The belief now gains ground that they have
seen the worst Of their troubles. Positive as
surances are offered by men Of high character
10 the effect that the errors Of administration
which have been so often denounced in these
columns, and which crippled the leading roads
in the crisis OF 1857, are now being avoided
that working expenses have been reduced; that
money ia no longer wasted in building new
roads or ne " branches; that directors no longer
speculate with the money OF their constituents;
that the immincnce OF the peril has IN part
aroused all the leading railroad men to the ab
solute necessity Of administering the property
under their charge in the most careful, prudent
and economical manner possible. II this be
40, Il is reasonable TO anticipate some recovery
In the prices OF securities representing railway
property: and u, "a may, perhaps, be expected,
after the crops OF 1851 and ls5s, the crop OF
ls59 prove u fair average, the money may very
possibly prove the basis OF q new and excited
burst Of speculation.
The Chicago llmes learns from an authen
tic source, that the splendid steamer Mil
waukee, Capt, ilgxr, was at Prairie du
Chen, and left for ST. Paul on March 23d /;
and that the state Of the river was such that
abe would undoubtedly get through. (.)
Daring the coming season il is the intention
OF the 81. Paul and Fond du Lac Il. X. Co,
to run fast express train, leaving Chicago
abou, nine in the morning. ard arriving at
Prairie du CHM 10 eigh, hours, without
change Of cars. At that place the passengers
will 70 directly 90 board Of the Milwaukee.
or Of one OF the other splendid steamers Of
the line, get their supper 90 board, enjoy the
evening on the river. and arrive at -. Paul
the next evening, This will he the fastest,
mos, comfortable. and most desirable route to
St. Paul that ~ill be open during the season
|, avoids all the changes and omnibus rides
Of the route BY the way Of Milwaukee and
while passengers by the Milwaukee route
DO ud, get to tie boat till midnight pas.
sengers by the pute ~ have indicated have
o, cuurs the choice Of state ro,us. and get.
suppcr &C the boa, wiihoai extra charge.
Passengers by The uhwagkee route get to
Ia Crosse al IL or IL a, nigh, and then
", on the same beat ai:er having been sub
&C, !, omnibGs charges. cot Of suppr, an
chang, OF ears
We find tn Nv York pAprs con,sn