Republican vindicator. [volume] (Staunton, Va.) 1849-1857, 1849-05-28
800, 100000
67,324,so0
sl67,72s,ooo
94,631,60O
73.o96,4oO
Increase

he increased value OF real and personal es-
cate in Boston, according to these tables, WITS
over 73,ooo,o 900, while in New York it decreased
in six years more than 81 100000
We see it suggested That there is some error in
in the New York rets1rn, and it hardly seems
possible that there could have been the decline
which the table shows. This, however, makes
nothing against the fact, that Boston has pros
pered far greater than New York has, and that
she owes this, her great prosperity, to the works
-ofinternal improyements-lle rail roads--whici
she has extended about and around her Ike a
apider's web.
The whole cost OF Massachusetts roads, thus
TAR, is about $47 000,O 600, of which sum perhaps
three-fourths, IA mere guess, however, or $685.
25o,o00 may have been expended by Boston
since 1892. Without these roads we hazard
nothing i'll saying that the increase of Boston
for seventeen years past, would have been very
moderate, and for the past seven years, during
which the principal lines have been in active
operatlon-We see no reason why she should not
have been nearly stationary, The constantly
increasing manufactures Of New England, of
Massachusetts especially, would have prevented
any retrograde movement doubtless but for by
the largest portion Of our gain of 1913 1000, 900
from 1910 to AS we are indebted to our rail-
roads. That these roads have cost us an i'm
mense effort that the demand for money to
complete them has sometimes sharpened the
pinch of the last eighteen months; that some
may have been undertaken which may prove a
loss to the stockholders-are facts we readily
eoncede but the result is worth the effort, the
pinch, and all the losses which may accrue; and
as whole, after making all reasonable allow
ces, leave us beyond and over all an Immense
profit.
We have added to the wealth of Boston in
seven years $73, 600 The cost of Massa-
chusetts railroads is S47, 100000 Now if these
roads were totally unproductive as dividend
stocks, and therefore a dead investment, we
should still be gamers 1--WE speak of Boston) by
the sum of more than $50, 100000 in that short
time. Could Boston have adopted any other
policy which would have given her the COM
handing position she has now assumed.
But it is not cities alone that enjoy the bene-
fits that railroads bring. farmer in Morgan
county (Ohio) in order to stimulate his brother
farmers to take stock III a railroad that is pro-
jected in that region, thus reasons, wisely and
conclusively:
I am moderate farmer, with only quarter
section, and cultivate about 100 acres as we'll as
can afordto, at the present prices. / raise for
sale, annually, about 500 bushels of wheat, 90
bushels of clover seed, 1900 lbs. butter, 1900 lbs
pork, and 1900 lbs. beet besides any quantity
Of eggs poultry, &c, which would 90 far towards
supporting family, if we had market ] also
propose to take 20 shares, Or $1,000 worth of
Railroad stock. This he expects to yield 46 pr.
cent. but his great point is that he cansel the
products enumerated above for 1929 more than
he is now getting, that being The difference in
the price at home, after deducting Transportation
and commission fees: For instance, the price of
Wheat at home is rs cts.,-the price in market,
Dissemination: &c, 16 cts, pr bushel, leay-
ing clear gain OF IA cts, pr. bushel, Or $40 on
the whole 500 bushels and so regards the rest.