North Iowa times. [volume] (McGregor, Iowa) 1867-current, 1869-10-13
Times Correspondence.

o"oP'o', boio thdn tNN buUutcu HlileS
from McGregor, on the Big Muddy, a little
lower in latitude, we (wife is with me)
are enjoying one Of a succession Of those
magnificent autumn days, for which Iowa
is SO celebrated. Among the people along
the Missouri, find pretty unanimous
fccling,, that somewhere here is to DO
buildcd in the immediate future great
city, oycrshadowing in commercial i'm
portance Chicago, and cclipsing in
magnifcencc the metropolitan splcndor of
our great New York. Such may be the
case. Notwithstanding tho high price at
which real estate is held in the cities of
Omaha, Council Bluffs, and Sioux City,
there was to me at first, strong tempta.
ton to invest, such were the fattering
representations of glorious and impaired
led future held up to view on every hand
What is more fascinating to man of the
world, than business prosperity, at full
tide. How like the gambling, speculative
mania Of the four past years, it draws
unwillingly into its captivating embrace,
the strong as we'll as the weak. But
when l remembered that history with
unerring accuracy repeats itself, turned
away, and my mind reverted to similar
stop, upon which you and were actors
thirteen years ago upon the banks Of the
Mississippi, | could not but listen to the
admiration Of thought, with its human
wrecks dotting our pathway down through
the memorable years since our inflated
bubble, prickcd by retiring reason and
clear business sagacity, vanished into
thin air, without detracting from the, pres
ent business Importance of the cities
above named. / must assert that in my
belief, speculation and imitation are sway
ing everything in their interest, compel
ing everything to bind to their temporary
and spasmodic forces. The experiment Of
demonstrating the Indian, so far as relates
to the Whet-stone agency, has worked
admirably. They have produced fine
crop Of corn-this year, more than enough
to feed them during the coming winter.
Capt. Bush, commandant on the upper
waters of the Missouri, suggested to nc
comprehensive and practical plan for
the settlement ofour Indian .roahlns. The
Indian IS a So--aaa3iae-, - 2nare AzrcAssrtc
ses before hiE. IS : 65ssc-ane, ss- uaa;h
he ravs S asasF r'a11as.r- When ASs
hunger Is SATISFIED, The In1Iaz DESIRES
ro:hius zaS-s ~ eeag2ses lis AAggaa,ss,
bat pSre AMI 1aassca,, and g ssuxw II
-a.lsr wood 10 wx-Z lie w5swaza. /
Gorsins IS The Ia<iian does, when AMPLY /
supplied with food, sometimes eating at
one setting five pounds of meat the
want of exercising so amply supplied
when on the war path, induces disease.
from which he soon sickens and dies.
This plan is now being practiced by the
government, with the result given. The
Captain says, to double the rations, will
the work more speedily. l SUBJ
NIT, says the Captain, of the two plans,
the bullet, or corned beef, whether the
latter does not. on the ground of humanity
and economy, commend itself to the peo-
pie. of this country. am q convert to
the Captains theory, believing that the
noble Lo from instinct and nature, de-
lights more in carnival of blood, and
banquet OF human flesh, with his victims
scalps dangling from his side, than in the
of decent or human impulses.
Let the government take the the bullet in
one hand, and corncd beef in the other,
and give the noble beast his choice. In
one or the other of these two plans, lies
the solution of our present complicated
Indian difficulties. The population of
this city is $500. Its property valuation
within the corporate limits is Sl,500,O0O
1t has an active, intelligent population.
The entire rcplenishing trade Of Dakota
is done here. The population of Dakate
is in round numbers 10000, furnishing
nearly as much trade as Fayette county
empties into McGregor, with home de-
mand for all its products; the former
realize the full prices for all the surplus.
Wheat is now selling here for S5cts., a
bushel. This people are educated to high
prices, and good margins is the rule. A
little brokers' Office with twenty-five
thousand dollars in capital, located any.
where in this country, can clear up more
profit at the end Of each year, than our
National Bank with capital of loo, 900, in
GLIDING large line of deposits. The tax
gatherer, inspired by the magnetic glow
which handsome returns produces, gath
cred last year for his tithse, seven anu one
half per cent. There is little or no pro-
ducing elements in Woodbury. outside
the city proper. That terrible incubus
which rests SO heavily upon many por>
tons of the State, is here with its paral-
izing. might. The land speculator has
been an absolute curse to oul State, re-
tarding the development Of our resources
/ quite as much as our five grand trunk
railroads have stimulated and pushed
them. Dakota, through the clcarhead
sagacity Of her representative men among
whom she is proud to name Judge Brooks
ings, one Of the associated Justices of the
Territory, has induced congress to with
hold her land from market except for
presumption and homestead. The future
will develop the wisdom of this policy as
has the past the terrible folly Of that
which obtained in our own own State.
| John Cleohorn ona IF tho nionenr NOR.