19th Century, Americana, History, Immigration, Intercession, Minnesota, omnipresent history, Real Estate, State Government

Nininger City Fails

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1869
“The Panic of 1857 and the decision of the steamboats to use Hastings instead of Nininger as a river port doom Nininger City, the dream town of Ignatius Donnelly.

Nininger declines steadily after the financial panic of 1857 that causes banks across the country to call in loans. Donnelly tries to put a positive spin on the eastern bank failures by issuing a handbill entitled “Cure for the Panic. Emigrate to Minnesota! Where no Banks exist.

People move away anyway. By the 8th U.S. census in 1860, only 469 remain. Buildings disappear and by 1869 no other buildings remain besides Ignatius Donnelly’s house. The town eventually disappears from the map.” *

Have mercy on us! We make our dreams into idols, and are heartbroken and bitter when they fail us! Thank you for Donnelly and bless Your heart within his dreams! How bitter for him it must have been to see Hastings thrive?!

Lord, will You forgive any judgments that Donnelly had against Hastings, and vice versa? Will you make us free in the present from this bitter root? Will You bless the river and the lands involved? Will You preserve Nininger and Hastings in the season of flooding? Will You cause us to bless the town next door as much as our own?

http://www.mnhs.org/about/dipity_timeline.htm

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19th Century, Business, Civil War, Economics, Intercession, Jesus, justice, law, Minnesota, omnipresent history, Real Estate

Financial Panic Changes the Economic Climate July 1, 1857  

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Fueled by wild speculation in land prices, the economy of Minnesota Territory became overheated. This speculative bubble burst in July when banking failures in the East began to spread panic in the West. The resulting crash in land values caused credit to dry up in Minnesota. Local banks closed and other business failed as well. The economy of Minnesota did not improve until the Civil War.*

Father, how often has this happened in our history as human beings? How often has money, property, or wealth been manipulated to bring an otherwise peaceful people to war? Lord, we seem immune to recognize the inner causes of these type of panics and economic downturns; we want what we do not have. Will You forgive us our desire for easy money? Will You forgive the greed of the banks involved: Eastern or Western or foreign?

Will You wipe out the painful judgments of our states’ debtors towards these banks, and their unforgiveness of debt? Will You forgive us for being seduced by the spirit of speculation to the detriment of our brothers and sisters? It seems there is a perpetual battle between those who value the land as a home that sustains life and those who view it only as a profitable commodity. Lord, will You give balance to our judgments of the land, and free our land of the curses we have committed against it?

*Note – PrayThroughHistory uses the timeline located for several years at the Minnesota Historical Society Web site, at this URL: mnhs.org/about/dipity_timeline.htm .

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19th Century, Americana, Business, Civics, History, Intercession, Minnesota, Real Estate

Nininger Founded

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October 1, 1856
“Minnesota is booming with grandiose plans and get-rich-quick schemes. John Nininger and Ignatius Donnelly establish the town of Nininger—on the south bank of the Mississippi River, five miles up river from Hastings—in the summer of 1856. Their town exists only on paper, but in their dreams it is a great metropolis, a center of commerce and culture, a rival of Chicago. Active sale of land and building operations begin about October 1, 1856.” *
Donnelly promotes Nininger across the nation. In February 1858 the legislature grants a charter to the town, and the town has shops, churches, a dance hall, a poor house, a school, and a population of perhaps as many as 1,000 persons. The dream town of Nininger declines steadily after the financial panic of 1857 that causes banks across the country to call in loans. People move away. Buildings disappear. The town eventually disappears from the map.

Lord, we are looking for heaven… but usually the one of our own design. You have given us imagination to organize society and solve civic problems. We often lack the humility to remain in relationship when we are hurt, or to forgive and resolve problems. Forgive any judgments of Donnelly and Nininger towards the residents of Nininger and each other. Forgive any counter judgments of the people of Nininger. Will You continue this process until full restoration?
Also, I acknowledge the financial judgments made in the panic of 1857: Eastern banks judged Western farmers, small business judged large business, etc. Lord, we have sinned against You by the judgments of the panic of 1857! Many have paid debts unfairly placed on them, and made counter judgments towards banks, businessmen, lawyers, city, county, and state officials etc.

Unfortunately, we are bound by our judgments of banks, as well as state and federal laws! Free us as a people in the North Star state! Heal our economy and our hearts that easily are swayed into discontent! We have coveted our neighbor’s property! We have coveted our neighbors’ real and imagined legal freedoms! We often submit to debt out of envy! Hear our prayer! Heal our land past, free us in the present, and blesser relationships to it in the future!

*http://www.mnhs.org/about/dipity_timeline.htm

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