Minnesota, the North Star StateFolwell, William Watts
History
Minnesota, the North Star State
Folwell, William Watts
Minnesota -- History
Construction was resumed with the season of 1859 by contractors willing
and able to take bonds in pay, but by midsummer this plan ceased to
work. One firm in July was obliged to put up $30,000 to raise $8000 in
cash. Railroad building ceased, and Minnesota sat in ashes. The
surprise and exasperation of the people can easily be imagined. The
companies had not followed the course expected of them to complete and
put in operation successive ten-mile stretches, but preferred to push
the grading for many such stretches and postpone track-laying and other
work of completion. This aroused a suspicion that they did not intend
to complete any sections, but to secure their $10,000 per mile, a sum
far in excess of the actual cost, and quit. This suspicion was
intensified by rumors that the grading had been confined to
discontinuous earthwork alone, on the level prairie where it could be
cheaply done. These rumors had but slight foundation, but they were
accepted as true and to this day there are those who believe them. When
the legislature of 1860 met (there was no session in 1859), Governor
Sibley in his retiring message informed that body that the four
companies had graded 239.36 miles, and had received 2275 one
thousand-dollar special state bonds in exchange for an equal amount of
company bonds.
The legislature of 1858 has enough to answer for in proposing to the
people the consummate folly of offering to sell bonds which they never
meant to pay. Of the final act of their session (August 12) it cannot
be charitably recorded that it was one of mere folly. As the end of
their labors drew nigh in the dog days, it became known that there
would be a residue of some $10,000 of money appropriated by Congress
for territorial expenses. It seemed a pity not to keep that money in
Minnesota. After a variety of proposals consuming much time had failed
to receive concurrence, the two houses agreed to a compromise by which
$6000 was appropriated for stationery and $3500 for postage, the
members to share equally. Governor Sibley was obliged to give his
official sanction to this division, because it was impossible in the
last hour of the session to veto the general appropriation bill in
which these items had place, but he took occasion to say that he gave a
most reluctant consent to the grab.
Public-domain text, read in full here on John Shaqi.
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