Grant County herald. [volume] (Lancaster, W.T. [i.e. Wis.]) 1843-1844, 1844-02-10
mo. 4s.

ces to the Lake, almost the entire product of
the Mines would pass over the road, and that IL
would be entirely safe TO estimate ,ha, 25..
000 900 lbs; OF Lead would at this time. If Tho
road were In operation pass over it, Welding
an income from that source alone of S9S,750
THAT 100000 lbs. of Copper
would pass over the road, which
at 81 l'2 cts. per 100 lbs. would
pay $3.50
"The cost Of transportation Of mer-
chandlze and other return freight
from New York 10 the Mines by
the river route is 81 25 per cwl.
from New \ ork TO The Lake shore
65 cts. per cwt.. making differ.
ence between the two of 60 cents,
which rail road could charge,
ard re..in the business. The
committee have estimated these
return freIghts al 10000 tons, and
the rail road charges so els. per
cwt., or $40 per ton, which will
give an income of 500, 900
"They estimate that from the differ
en-, parts of the Territory 10 the
Lake shore, 100000 bushels Of
grain would be transported over
the rail road. which at the aver
age charge of IL l2 els. per bu.,
would yield Si2.5O0
l"For 100000 feet Of pine Lumber
transported from the Mississippi
and the Lake 10 the interior OF the
Territory, a, So so per 1000 $4,000
"Making a total of income from the
above sources of $4,000
"No doubt a very considerable increase
H. g., ,ka -
various other commodities, especially The ag-
riculiural products of the country, OF which the
committee have taken no notice.
at will be observed that the committee
have made no estimate of the expenses Of
keeping the road 10 repair. or Of the curTenlin-
cidenta expenses of transaclng the necessary
business; these, their means OF information
would not enable them TO do accurately. Nor
on the other hand have they made any eslm'
ate Of the revenue that would be derived from
the transportation Of passengers over The road,
or from the other sources above advorted TO,
but they conceive there can be no doubt that
the revenue 10 be derived from the transporia-
ton OF passengers, and the various other sour.
ces, except those particularly estimated above,
would be amply sufficient TO keep the road in
repair and pay the expenses OF iransactlng tho
business thus leaving the sum OF 10000 for
the ne, revenue, which would amount 10 an
income Of i-2 per cent on the investment.
1t is 10 be noticed, that these calculations are
all based on the present business Of the coun-
Try. which il is well known is increasing with
rapidty unexamDled in the early settlement
of ATTY other country. The committee thore.
fore conclude that no reasonable doubt can OK.
isl that the construction of rail road from Pc.
tosi 10 Lake Michigan, would be both praclic.
able and profitable, and consequently expedi.
emf; but as the resolution under which they
have made this examination does not coniem-
plate any action. or that the committee shall
report any bill, they have confined themselves
10 these general views in the hope that tho at
tention OF The people Of the Territory and cap.
italsls will be called 10 tho subject, and that
a, no distant day, the waters upon our eastern
and western borders may be brought into prox-
unity with each other by means Of rail road,
not tho least Of the benefits Of which will be.
that it will prove strong bond Of union 10
oar people, and sure guaranty Of our future
strength and greatness.
&c. NJ. PRICE, Chairman"