The examiner. [volume] (Louisville, Ky.) 1847-1849, 1848-07-01
WHOLE NUMBER 81

the maske.Pfoducing circle arouDdo our city
Gar ten miles diameter is OF greater fertil
Ity than that around any other important city
IN the Union The segment on this side Of
the river has scarcely an acre rot susceptible
OF the highest cultivation; this is the reason
why our suburban lands and their products
are 80 cheap. u "a assl
{ The bulk Of the population OF every ely,
perhaps two out Of three, are small manu-
facturers or artisans Of some description or
other, and those Dependant on them,of The
sewers together Of clothing, the makers Of
toys, confectionery, and jewelry, the com
FOUNDERS Of matefials used in medicine and
the arts, The furnisher of the toilet, the par
lor, and the kitchen. the fabncasors OF iron.
wood, and stone into forms required by the
uses Or l,mcies of man. Think Of the
amount OF our yearly purchases of Boston
ponneis. New York caps, and Philadelphia
shoes, and Of the thousand, the innumersbIe
articles that our retail and fancy dealers
PICK up in the lanes. alleys and. cellars OF
: 9e clties-articles which were made for
l1(fern demand--for he very market of
this city is the natural. and ought to
~--<s- - -----aAzniaknrn To rh;s. Lind ~
population We are 10 f6dk 45r - =
these hand-workers are to cover our vacant
lots and consume the products Of our sur
rounding sgriculturists; they come in 81
lently, and go to work unnoticed; the grocer
at the corner. the baker. and the brewer
build higher housessand are men OF more
noise and note, and we forget that for every
one OF the latter there must be one hundred
OF the former. This population is and for
ever may be attracted 10 Us by our eheap
lots, our cheap Ien,s, and our cheap food; |
and If so, let US advertise widely how cheap
these are.
Ii will not harm the argument to apply
10 the facts the simplest rules Of arithmetic.
BY the report oil our State Auditor, the val
ne OF our city lots Improvements presumed
Q be included in 1871 was SO, 800, 900.
This valuation is probably not over half the
'alue OF the same quantity of property in
my city in the Union, which, ike this.
doubles It's population every ten years, and
'robably not one fourth or fifth Of the same
Iuantlty OF property in either of the great
Eastern cities. The rents generally cores
'ond. To be within the mark, let US put
be difference at only one-third The real
alue-that is, the uses to which these lots
md buildings are aPplied-nay be, and in
ICED is, precisely the same. The holder
lere, and competitor for the general and
ommon trade Of the holders of lots else
where, has oil course the advantage Of this
Inference, whatever it is, in the increase oil
rs profits and wealth. Our forty thousand
'eoPle, then, have an advantage in fixed
aPital OF $4,000, 900 over forty thousand
'eople, our competitors, in other cities
Add to this the average difference in the
rice OF food for forty thousand people here
md in other rival cities, and it is safe to put
ne amount at half million Of dollars per
sum sufficient 70 establish and
Import four large cotton mills, or six large
olling mills, or enough working capital for
iss handrad.minors zrEisans N Sufficient 10
'uild seven hundred respectable Workshops
md houses. And this is protection given
" the laws OF nature and irrepealable, an
nnual accretion, an increase yearly COM
Let US be thankful, then, that
We have not lots which are assessed at twen-
y-five dollars square foot, as at Boston
hat we have no stores that rent for three
thousand dollars per annum, as in most
tiles in the Union. S.