, 1859-11-22
9resa Triihu1tr.
rs THE WEST IsANKRTPTf

TUESDAY, NOVEMBER -, 1859.
rs THE WEST BANKRUPT
We showed from, actual figures, in ycstcT-
LAYS issue, that tic exports from Chicago bc-
twccn the first OF August aud the 18th Of No
eembcr wcrc s?,35o,'3o. Adding the ship
snonts till the first Of january, it is beloved
that At least zwELyE MILLIONS Of dollars will
he .lacedto tue credit Of Chicago during tho
Last four months Of the present year. The
shipments Of produce from other western cities
added 10 those Of our own, viii probably swell
the ralue Of shipments to the scatoard, during
The same period, to forty millions Of dollars.
After tho imports Of the past six months arc
raid fur, there can be no doubt, whatever, that
= very considerable portion Of this vast sum
eau be appropriated TO the payment Of West
csn Indebtedness
But perhaps some Will sire Gnancier who
has hundreds Of thousands invested in Vest |
on railroads or some merchant or manu{actu- |
rer who has large list Of Western bills re-
<seivable, which lie begins to rtEard more as
permanent than paving investment, will con-
e:nd that the West is hopclcssly bankrupt: 1t
cau never pay. Millions Of money have been
sunk in Western improvements, and thousands
Of her merchants and business men urc in
*o'yed in irretricvablc rlin. Grant, for ,ho
sake Of tho argument that all this is true, and
yet tic tee1ning West Will, in very few years,
moro tliun regain her former posterity. Our
sol is just as productive, Cur pv:irics arc as
beautiful and inviting our lakes and rivers arc
rs truly magnificent as il no commercial rcyul-
sion had swept over the land, prostrating the
richest and the strongest in its mad career.
Let us examine this subject little moro
closely, and We shall find that though there
arc casea Of severe individual hardship, tic
Ncst has been greatly benefited By the loss 5
about which our Eastern friends complain 60
bitterly. Capitalists there hare lost their
money; but tue West las Tic improvements
for which it was paid. Take two Of our most
hopeless cascs, the Chicago, Alton and ST.
Louis, md tie La Crosse and Milwaukee Rail
ro.ds. Connecticut capitalists built the Que,
*'A4o A''ooe " Nv" 1o'A ~. .A'o0 'oo 'a.sse'
1sH' ~ tno e's44 ~ os''e sAe o'i'' 4"'''
w 1''7' - - W. "
o's"' 'o8e'e'' ''' 'no 1s"'s a'o Nn'aneu' 'l4ss
ere great and much needed thoroughfares;
A"es 'on 1''foasu Il i'iass'''oeen' conu''s, aiu
9e's Nv on' e4''t aeH5 'na1 4''s ae "olns
e"a"''u o. WV !" os'e'op'ns '.s 4esoa'eeo ~
p''Ala >t..1' .ao "est a's e'''''''a 1a"en 'No'e
e.'~a 110 ''.'et '1a 'os' ~ @.o eonosi ue.lon os
o o"' .04 Nv ' &'A'e -+' ~
w.. ~. go W -. ~ 49, se'
', 49, .1' '474 "p' '1r.AloA " eu' 4o" 'D4'as"
- ~ r'~t'
<a.a.~,,;a~ VIII - ss.s' - 49, 49,.
,n,r ho easos ~ so,,o-o ;,d;,,a,o, r,,tr,,;n,<
neshans ,,a;o,;tv ,,f t,o can;,,,;ets u,,o lava
;nvcsted tbe;r ,nonor IN thcsa ,s@,d ot,,er mn.
,av;,, improvements ran afford n 1oso Il r.
-.ss 7nor,,,,- s,,h,r.,,;na .h.t ,,,o,, c-o,, .,,
overcroun ,.rt.nu ~ ,,n,,;s,d,r f,-.,,no H.
mar be TINT ien,et;on thonf,l, in ;tse,f rern,i,.
cd as = m;sfor,,,po nav ,,-n,,a , .os;t;,o ID
vantage Vhot individuals hare 1axt lin ,,,,,.
lie has marc than cnined Many or ,I,ee,
.:sufferersn are in thu condition If our f,,to,,.
x,;t;zan wm nn,o, ,,~h, hoe 1ost ,,,1f !,
million or do,1,re !, Tho cors+,,,t;,, of +ho
ch;c,vo md Nortb.vosto-r p,;,ro,a and
rot .,;,,, ,r,,r ,,oro. do,.o,;on =, tho ,,,,,1.,
-ro,, 10 ,ss,,rad -. 4,,+ to ,or,d mi ro,..,,
,ha ,oss f,r 1no,,an+ :. ooas;;1ar.t;on ~ ,to
-. -a......-. :. -..1,.1, =. =. a.. -,. =,
.,.e w. st., *. -. ,-s.. -. :. -
60 60. ...--,,
.,,-a,,. .,,.-a -, - -. ,sn
60 ....,,. -, :.:.-...- ..,.,. -, :,
10 .s,.,n+a,.o. :, ~, 1as,a,, ~ 1850 -
AAc c'se " t'ie Iasusn 'ncfcnan's sad man
<nA:1a'efs WIZ !ia'e c'a'n's against es'eF1
dealers "n'cn u'eg can never oouecs, Is mol
''seA'@"' o''e'en1 'so'a luose WHO nave IN
Fes1ea III oanA1up1 fa'lsoaas' MUCH Of ths
assets Oh t''e'F !" essesn debtors mas been vast
ca IN 1'oe clothes aud last living; but a large
oost'on o' Inc money 1ilus obtaaned has beer
alen1 IN ouaa'he SUBSTANTIAL stores md dwell
'nss Gnu eenesauy IN improving LIE towns ans
caaes' anu mfms o' Lie West These 'fn
pso'c'nen's must pass INTO other hands
seaty reduced p''ees' nut sl'il they arc heFe
aoa ""a contf'onse os I'LL tne'r 'htr1hsIc Falu
~, l.