1835. _August_. The rage for investment in lands was now manifest in
every visitor that came from the East to the West. Everybody, more or
less, yielded to it. I saw that friends, in whose prudence and judgment
I had confided for years, were engaged in it. I doubted the soundness of
the ultra predictions which were based on every sort of investment of
this kind, whether of town property or farming land, and held quite
conservative opinions on the subject, but yielded partially, and in a
moderate way, to the general impulse, by making some investments in
Wisconsin. Among other plans, an opinion arose that Michilimackinack
must become a favorite watering place, or refuge for the opulent and
invalids during the summer; and lots were eagerly bought up from Detroit
and Chicago.
_17th_. I embarked in a steamer for Green Bay--where I attended the
first land sales, and made several purchases. While there, I remarked
the curious fluctuations in the level of the waters at the mouth of Fox
River. The lake (Michigan) and the bay appear to hold the relation of
separate parts of a syphon.
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