The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-03-24

Mwsy naMc would 90 on for many years, increasing
ssy esnas:.ssi: in isss he srss norss.sd ia per
cysr each proceeding years while the outlay Of capital
during the same period was in isas 10 per cent; in
in those years the Increase was on the traffic as much
a. % per cent while tho capital but IS Per
long the traffic returns increase more rspdiy n prO
ruc9 man the outlay o. capital expended In con-
best Of the trac IL YET Gene ana ,.
long y the railway system continues udiciousy
extended 80 long will railway shareholders continue to
receive handsome dividends on the capital invested.
had been ds En 70 .ns
And that capital to the extent Of f7l 646 los Wa en-
pended up to July lsas while the trsc in this year
Of 900 during three years was attended with
increase in the traffic returns of Ga so7 s2o-bsing
During the .sms period. that is between is4a and
1915 90 miles in length OF railways were opene
p.n n.s Is p ,ss the
psriod Ss 200 per mile per snnum being in
fvorsbls Here we have the resu and the Sss
can possibly be adduced in favsr the safety Of
iiIwsy Investments and the judeio.s extension ofhs
10 both cssss the result mus be highly aisf.c,ory to
ssip In 1872 being capable Of admitting divdsns on
the total capital then expen Of ga per cent and the
dend Of per cent total sneunt Of csSsi p, sa
pended. osF"s1 Ga
On tbs la January, lsAs there were 1872 m;ls. Of
railway on which traffic Yves carried and on tba ..t A.
Dece"oer isso' there wers SOFA miles in operation
.v~s ~ inc Jour yeAss IN increase Of SOL miles Of
~sy. Inc railway Of Great Britain appear to be
- soou' a. n Oddly in productvensss as those
OF this country but /. lew wear, ~. ncr.... = ,hs
United States must be much mora y.n,d thar = a.,
o'ner country Up n the principle that an increase Of
,nsresses the business and receipts Of each, II
ssA % Oh pected, that 10 country a. extended
A' WIN ve - few RAILROADS in proportion to the
10 Do GOV red BY heu these roads should be AZ
or do large business az those Of coun
ny IKE EN- ilaad. posS,ssing very large and dense
cities. .''N Ss-'-''oA-A
sppsAss to vs. that the construction Of railway. in
e Knsdom will be carried to too great an ex
.ns thsy will continue to be built long after they
.g productive, and that many lines, now highly
~ will be very much reduced in value BY com
Peuu IN from rival routes
1sre not that room for improvement In the railway
as INC In Great Britain 10 this country W. ara vet
compsrdvely young; and We increase and multipv
ey thing connected with our prosperity and advance
"sns must improve in like proportion. We have conn
Immense extent with navigable rivers extending
1ouno ana through IT, but with rough, uneven soil-in
many sections very mountainous The censtruction ot
very distractions the billy nature Of the countrv
present, are the cause, to a grep. extent. Of The
pront OF many lines from the start Before tho
ton OF railroads in New England the Transportation of
merchandise from the interior of those States was
% with great expense and required much time, on &C
rough nasus Of the country Having no ma.
vsaD'e rivers rnnnng from the interior to the ssaboard,
Of much imrortslce, merchandise was c.rr;sd -
and from the Atlantic cities in Baggage wagons,
ana worry oHsh two and three weeks were consumed
IN MAKING one trip from the extreme parts of ye-.
mont anI New Hampshire to Boston. Since the in.
sroduc' Aon OF railways in that section of the coun
uy, there has been an immense increase in manu-.
iscorng industry of the peoples and where weeks were
required Tor the transportation Of merchandise it now
on'y requires hours. Manufacturing facilities have in
creased avery large per cent h bringing into usa
sections peculiarly adapted % that business which
heretofore ON account Of seir rsmotsnsss from
been unavailable.