The Superior times. [volume] (Superior, Wis.) 1870-1912, 1874-03-14
THE WISCONSIN LAND GRANTS.


out delay.
s-
THE WISCONSIN LAND GRANTS
The monopolists have been quite
impressive in creating a disfavor to
Land Grants and the granting of
further time to the unfinished roads.
Knight and others interested in
Duluth's bankruptcy, started in,
early this session of Congress, to
have the Northern Wisconsin Grants
restored to market. Pine land rings
and carpet bag land officers joined
In the clamOr, and have succeeded
in getting an expression in their fa-
yor. And no little aid in the scheme
was rendered by way Of punishment
upon Wisconsin for rupudiating a
member of the Great Washburn
Family.
The result Of this success will be
to greatly augment the power of
the constructed railways. The Lake
Superior and Mississippi, the only
road connecting these great waters,
has already directly expended more
than two million dollars to retain
the sole monopoly of this rou e. I'm
der the fear that the St. Croix and
Superior road might be built, jay
Cooke put Gov. Fairchild to sleep
and got hold Of an old charter with
the land grant attached, paid or
agreed to pay, a hundred thousand
dollars and then Proctor Knotted
the extension of the grant. In his
haste to get the l.. S. & NJ. road
completed, due care was disregard
ed In the engineering and construc-
ton, and a million dollars was
wasted upon rings and middle men !;
and finally to completely monopo-
lize the monopoly, an other million
has been expended in fruitless Jobs
in real estate improvements, artif-
ciaI and destructive works or fab
rics for destruction of Natures s
laws.
Another Of Jay Cookies schemes
survives his financial fall and lives
upon his ruins-the monopoly of an
eastern extension of the Northern
.Paoifc, especially of the Wisconsin
-Centrai,s share III the northern
grant.
In this he was efficiently aided by
the back-action power of the late
Governor; but no sooner has Gov.
Taylor shown his disposition to do
right, than this punishment is threat
ened.
The Central and 81. Croir grants
are sure to build lines of competi-
ton.
The Central opens vast agricul-
tural field, makes available a pine
forest that would rebuild a thousand
burnt Chicagos, and by its legiti-
mate connection with the Northern
Pacific will give to Milwaukee direct
facilities for Pacific trade.
The st. Croix routes as we have
noticed, are especially feared by the
monopo.iSts; they, with three ter
mini in Wisconsin on Lake Superior
are terror to jay Cookies one
More than ten millions of Jay
Cookies deprecated dollars, if not
his entire deficit are due to the
Sunk Investment to monopolize the
trade, towns, and roads about the
head of Lake Superior His non
experience III fallroad matters
swamped the Lake Superior and
Mississippi road under seven nll-
lion debt; his inexperience in fund
dealings = except as salesman OF
Government bonds-led him to foist
the burthen upon the Northern Pa
cifc Company, and his utter ignor-
ance of the commone>t sense in town
building left him to squander two
or more millions of his and his dupes'
money in fighting the laws of Ma
ture. His downfall has left thou
sands Of untoyunate creditors to
clamor at Congress and fight to rule
or ruin all legitimate competitive en-
Terprises.