The Democratic sentinel and Harrison County farmer. [volume] (Cadiz, Ohio) 1851-1852, 1851-09-10

and give ten millions Of bushels. wheTs We
now have five millions The ratio Of increnss
would be proportionslely larger. FROM TIE
less densely populated parts 81 the west4
These facts at once show the productive
wealth and resources Of the country tribute.
ry to our line; its capacity to sustain itself
from its own resources, and the direcl inter
est the farmers have in its construction.
"The number of acres Of land in The strip
of 25 miles wide, being 2.38s,0 900, if the
effect of the Poad on its value is estimated
at the very small sum Of 3 so per sore, II
would add to the value Of the land s.. SIG.
900, which would exceed its cost BY more
than half million Of dollars. Any one may
Judge for himself whether this is an oyer e.
innate This is without any return from the
Road itself. But this we are fer from ad-
mitting. On the contrary, we expect every
dollar invested in the Road to yield an nnnual
interest of 10 per cent Abundant evidences
exists to establish the fact; that Railroads
traversing the best parts Of the State Of Ohio
derive profit equal to s per cent on thcir
cost, from the local business alone The Lit
tie Miami, the Mad River and Lake Erie, the
Columbus and Xenia and the Columbus and
Cleveland Roads are all realizing this. In
"a speech recently delivered by Ed. Mansfield.
Esq, of Cincinnati, at Chillicothe, be stated
take this opportunity Of stating to you some
facts and figures, which may aid prudent
man, in estimating the profits Of an invest
ment in such work:
al state to you, first. comparison Of
the cost of Railroads in England and New
England, where they are acknowledged to
emostprofltable, and their stocks are sought
after as the best investments.
"Average cost of English Railroads. per
mile, S200,000; average cost Of New Eng
land Railroads per mile, $4,000; average
cost of Ohio Railroads $4,000. The ratio
OF cost, then, is very nearly as l2 to A. and
to /. Ifthc business of these Roads, then,
were precisely the same, an Ohio Road would
| yield twelve times as much as an English
Road, and four times New England Road.
How, then, stand the products and passen
gers of our State, compared with those of
England or New England? state to you
next that the destiny of population IN Ohio.
is 50 to a square mile, while that Of New
England is but 43 to square mile, and Eng<
Wand about goo. The density Of population
in Ohio, then, is greater than that Of New
! England, taken collectively, but is one-fonrth
that of England. Ohio to New England I
to 6, Ohio to Old England to 4 New
England Railroads, then, have no adyanta-
Iges, as to population, over Ohio. Those Of
England have A to l. Let me now com
pound the ratio of cost and population. be-
fore we proceed to estimate the fl'eiglsts, o.
Iproducts of the country. English Railroads.
costing l2 times as much, but the population
being times greater, the Ohio Roads have,
still the advantage of to /. We have Ho1
compounding cost and passengers, the ratio
| Icf advantage here. Ohio Roads to Engllah
8 to l. Ohio Roads to New England 5 10 !.
1t only remains now to estimate the products
of these countries. / state to you next, thst
England raises about six hundred millions Of
bushels, (of grain of all sorts, Ohio about
one hundred and forty millions and New
England about thirty-fve millions. Take, in
reference to the square miles surtace, the az
ricultural products of England, New England
and Ohio, stand thus: England per square
mile, 5000 bushels; Ohio per square mile,
8, 500 bushels; New England $40 bushels.
Ohio, then, in reference to agricultural pro-
ducts in square mile, stands to England a.
to 2, and to New England as to /, If
we suppose, now, that population ans pra-
ducts contribute about equally to the support
of Railroads, and make the comparison With
the Railroads of New England; here wa
have the following results:
Cost-0Kio to New England. itos
| Density Of Population, 7toG
r Agricultural Products, Gtol
l "'lf these rations be examined, it is seen
chat while Ohio Roads cost but one-third,
the passengers to be carried on these are
quite equal, and the agricultural products @
1 times as great In one word, so far "a cost,
; passengers and agricultural products are con-
> ccrned, our Roads have an immense advan-
/ tage over those of New England He fur-
, Ither said, 'as to the products Of the Little
, Miami Railroad, if in the current year, only
the actual running expenses, were taken from
, its gross receipts, and calculated on the act
i ual cost of the 65 miles to Xenia, It viii pay
t20 per cent, and carries no coal Of any con
/ sequence This lis as toits entire busiHesa's