Page 287 - La Société canadienne d'histoire de l'Église catholique - Rapport 1961
P. 287

COMMERCIAL IIISTORY  OF  MILWAUKEE.      283
                                  there,  a case of  this kind  has  existed, but  the guilty party or
                                  parties have found  no  countenance  among  their  brethren,  but
                                  have rather been branded and driven from their ranks.  And I
                                  am happy to state, in  this connection, that  our town  has  been
                                  compal.atively free  from that  class of  harpy lawyers, who  are
                                  forever putting their clients up to acts of dishonesty of  the kind
                                  of which I speak.  On the contrary,  it can be said inall truth,
                                  that thc legal profession  of this town  has occupied, as a whole,
                                  during all its history, a most honorable, just and  helpful  posi-
                                  tion, as between debtor and creditor.
                                    I say, then, that the  merchants,  as a  class,  have  been  char-
                                  acterized by prudence,  industry and  probity,  the  three  pillars
                                  of mercantile success.
                                    One other  considcration,  and  I  conclude  this  branch of  my
                                  subject.  No city can have business and growth without a pop-
                                  ulation surrounding it.  It is to the number and superiority of
                                  the population which  lies  behind  us, that we are, after all, in-
                                  debted for so much of  our prosperity.
                                    The wild  land  speculating  mania of  1835,  '36  and '37, did
                                  not reach  IVisconsin,  since its lands were not in market.  Tho
                                  lands of  the Milwaukee  Land District  werc brought  into mar-
                                  kct in February,  1839.  But now  a general collapse had ovcr-
                                  taken all spcculations  throughout  the  country, and  especially
                                  would nobody touch wild land on speculation.  No more fortu-
                                  nate event ever occurred for Milwaukee.  As a consequence of
                                  this forbearance of  non-residents to buy the fine lands through-
                                  out the Milwaukee Land District, they were left for the actual
                                  settler, and he, owing  to the straitness of  tho times,  came with
                                  small  means, and  n.as  obliged  to put up with a  comparatively
                                  small  tract of  land.  And,  since  he could  not have  the beau-
                                  tiful  piece  of  land  adjoining  him-covet   it  though he  might
                                  ever so much,  tlie best  he could do was to get  his next friend
                                  to purchase  and  settle  upon it.  And thus  the  whole  region
                                  about  Milwaukee became  densely  and permanently settled by
                                  an active body of  farrners-the   actual  proprietors of  the soil.
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