The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-05-31
lspenuss u leading PubIie Work..

u@oIs railroad cess Sss s ass Ssla $500 $500
s::'si s.a $3.50 g s s: 49, s Il
81: AZ: ::. FL; ;:;; w: s
. .siisssa. 800. g50s ss,sss nsssl seosss
a ok, SsiiIosd.... sl5sn sslAsO sl1As0 ao,sm
Toy. s.a. Il: is ss lss 1896 1895 1850 ss
Thus, indicated by freights and passages public
works. the internal business of the country has in four
years increased 40 per cent. 10 per per
since the present tariff into operation This proper
on was however, greater an appears from the figures,
the Of travel many of the works
sderably reduced.
10 be observed that the canals which
derived mostly from freghts, sweled to very high
figure in l847 from the extraordinary demand for produce
in tina. year. and on the New York Ohio canals the
figure OF that year has again been reached
quence ohe large sales Of that year be traced in the
enhanced Of the railroads, which to greater
extent derived from passenger traffic Thus in Massachn-
the revenue eights from 81 6Sl in l647
to S265,577 in 1919; While from passengers from
8s65O,5i3 3S,2Sl,l36 In oil sections Of the Union
where different interests reflect upon the railroads, the
general results the The Michigan and Ohio
roads show the progress Of business in farming dis
tricts the Georgia and South Carolina roads that
Of the cotton dsrcrs the Baltimore, Philadelphia, and
New York roads that Of the trading interests; while
those Of Massachusetts reflect particularly the devel
opment Of resources and these latter have
prospered least The Of capital invest
ed 10 those Of Massachusetts Is SOL ,l26, having in
creased twenty millions in four years, and
aggregate average profit OF six per from the net
ngs Of the worksa fact which does not indicate any
speedy Revision like that which has overaken the rail-
Of England II appears that the produce and busL
OF certain sections paid capital invested In trans
poration S6sOoOOO meney in 1919 than in 1916
and this reduced charges, and without embracing
reights the canals There must have been enhanced
industry, and abundant production, TO have effected
,af hu
bears out howl OF ruin with which the Greeleyite
wolves seek to frighten politicians
As far as returns made the present year. there
the figures for 1850 The impulse
which the largo exports of 167 gave general business
has degree continued through the succeeding
years. Notwithstanding the cholera in all sections and short
crops quarters served greatly diminish business
below what 1t otherwise would have been. This latter
influence is manifest In the tolls upon the Ohio canals
The past and the present year, far, have manifested
the reaction from the high prices and large sales of 1917
all the world Throughout Europe and England prices
Of beadstus have been unusually low, consequence
OF large production that stimulated by the famine
prices OF lS1 reaction from the low prices Is
about taking place, and the accounts from
Europe, down the l7lh instant oil very limited
ngs OF grain and the general prospect had operated an
advance upon English prices Having passed this year Of
reaction prices Of beadsus in seapor higher
average Of under the tariff OF 1872 may
reasonably expect the resumption of steady and regular
demand on foreign account, which will give q new
impulse the activity Of all the OF uansporta
ton and upon the farmers portion of the wealth
which accumusses in the country. is obvious that the
most distant regions Of the Wes have part In the
general prosperity, unless there is foreign demand for
sufficient take off the surplus after the wants
of markets supplied, and by doing, bring
these supplies into play. IL 10 In vain that public
works are for the purpose Of convey ing
produce of newly settled sections 10 the seaboard,
less some means are adopted relieve the seaboard OF
the supplies thus enhanced. Those obvious
Wis 10 reduce the the proceeds ofhose sup
plies sold abroad. England we know, wants all the food
we car spare and in order that she buy Of rather
han Of Others the upon her Of payment should
be reduced The ordinary Of the government this
year exceed the ordinary wants The obvious mode OF APP
plying thar surplus prodsc the greatest public
benefits reduce the taxes on the goods senf here TO
| buy farm produce. II Is by such alone that
the working man can be benefited. IT. the other
hand market Of the farmer Is destroyed by duties
high the English buyer OF produce driven 10 Poland
for his grain while that OF the Wisconsin farmer riots
upon his fields what mockery IL IL pretend raise
his condition by giving him the land Suppose. for instance
you make land free settlers and then by protective laws
destroy the market for s produce how have you benefited
the workers. II man settles quarter secion and raises
say thousand bushels Of wheat for SALE and he has no
market for the foreign demand has been destroy
cd by prohibory dutes be has only lost his labor H.
the other hand he pays 500 for his land and then. by
liberal commercial policy he 10 enabled TO sell his wheat
so cents realizes $500 $780, the price OF his
land Which policy his real advantage BY Civ
ing him and depring him Of Market he fact
become arr 10 the Manufacturing cnpnaiisu and this
result, 10 Whist The Greseyites seek When they propose
make land free and markets frce also there will be
sembance bopesy In their professions To make land free
aud not produce, 10 the system Of slavery
cousges labor but conscaics m produce The labor
and land there Is brought together the food and
materials will be prodaced BY conf ring the sale OF these
TO home the will these latter be bene-
Ard the expense Of the lonner This Is the plot d
guised under land reform with protective duties.
The abundant Of transportation Internal and
tens low freigh FOR considerable quantities
ports and In the OF another short crop England
the United States ayr cuuriss win obtain much larger
proportion OF the sale price Of their produce than they did
1871.
The produce markets have been active, and mos
descriptions sold advance before the by Asia
advising Of further advance in England, hand
United States SOCKS cotton, and brsadsus had all under
gone further improvement simultaneous with i'm.
proved prospect In the featuring districts These sd
vices calculated give further impulse the
kets here Cotton la fair demand-saes 200
bales per day at rates which ruled as follows
good ord. good mid 70 rood fair
Mobile and n. O. iissn ~ ala Asn nsia
The dsmand for -four good, and sales were chiefly
straight State, ss 50 % a2i; - Is % a. Michigan
80 g. common State, for June delivery southern active
Al 81 70. Alexsndfia, nc. Rye FOUR ~ 81 81 81 Corn
meal, - Wheat, Genesse, sold at 81 -. Rye 81 60
cents. Oats ~ ~ CENTS river and canal; southern III
cents. Corn meal, mixed. So cents southern yellow 68