Minnesota, the North Star StateFolwell, William Watts
History
Minnesota, the North Star State
Folwell, William Watts
Minnesota -- History
This election disposed of, the houses addressed themselves to railroad
matters. The state had turned out $2,275,000 of her “special” bonds,
and had for them not a mile of railroad, but only some two hundred and
forty miles of rather slovenly graded road-bed. Governor Ramsey, with
the strong common sense which never failed him, urged the legislature
to settle the business at once. Though he had a favorite plan, his
concern was not for his own plan, but for any kind of a settlement. He
warned the legislature that if the vexed question were not settled it
would confuse politics and invite corruption. The bonds would be bought
up for a song by speculators who would subsidize newspapers, shout
repudiation, and pound on the doors of the legislature till that body
would be forced by their sheer importunity to satisfy them. But that
legislature had come from an exasperated people who believed in their
hearts that the railroad companies, and politicians in league with
them, had deceived and cheated them. They had never promised, in fact,
to pay those bonds, and the takers of them knew that, and were estopped
from demanding redemption out of the pockets of the people. The houses
appointed a joint committee of sixteen on railroad grants and bonds.
Six different reports came in from detachments of this committee. One
member, Senator Mackubin of St. Paul, alone proposed the full payment
of the bonds. The legislative bodies were as much divided as were their
committeemen. All they could agree to after days of discussion was to
hang the whole proceeding up by means of two constitutional amendments
to be submitted to the electors. One of these was to expunge from the
state constitution the amendment of April 15, 1858, authorizing the
“five million loan”; the other, providing for a referendum to the
electors of any law for paying off the outstanding special railroad
bonds. The vote on the expunging amendment, on November 6, 1860, was:
Yes, 19,308; no, 710. The vote on the other amendment differed but
little. The ostrich had buried his head and eyes in the sand.
Public-domain text, read in full here on John Shaqi.
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