The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1851-05-28

yel runfaed myseif " DE limils ~ NE
rsrd. and 10 > simple siaifmfni u iis II
ausnres IN promOlinE home industry. and
shesehy adding IA The ~ezlih Al ths Slals.
and creating business fsr ilself-l have.
although entertaining Just e,pfelsiions.
moi feli myself al liberty 10 draw heavily
from alhef seurefs-I pr fer leaving Thai
brsneh or The estimate co others qaise A.
ronpefeni N The computation a. myself
10 make such additions as may sun their
sless.
Thr effects Of rail rnaas every where
l. 10 lnrfease The value nc lands. the
faiia II increase Is dependent open The
frriiiisy Of The ssil aud lhe remoienrss az
The isAds from naskei. aud The amount Of
Increase is exarlly The capitalized sum
which the saving in The transportation
upon lie annual produce III an acre would
give. For instance. If The annual saving
in The transportation Of The prnduce OF an
sore Of land j. one dollar, The value Of the
land will he increased sl6s. the capital
which Al six per cent. would yield dol.
lar. Ny own impression is that The lands
On The line Of The North carnIins Rail
Road will he increased 10 a greater ,aiio
Than iiis. nnw universally acknowledged
principle Of computation would give. Tor
The reason that they are from some cause
greatly moderated. especially from Lex.
ingian 10 Charlotte; The lands on this
portion ofiie road whirh grow Cotton as
well as Grain. compared with lands in
Virginia similarly situated in reference 10
markets and which grow only grain and
grass. are valued al very little more Than
half The price If the lands in Virginia.
The effect If lie Rail Road will be Ia
raise these lands 10 their proper standard
Of value. and add also thereto The enhanced
value arising flom The diminulion in lIie
cost OF transportation.
The manufacturing establishments on
the line Of The work. winch are now in
comparatively feeble and declining rondi-
lion. will receive an impulse that will re-
ward their enicrprising proprieiors. and
revive The drooping hopes Of The advocates
Of home industry. For il must be obri-
ons 10 every one how they are affected by
the cost Of transportation.
The expense of Transporting the raw
material. and manufactured goods. consti.
tules an element in The cosl OF those goods
in market. The means Of transportation
are in fact but part Of the machinery in
The manufacture Of goods Cor market. and
The same principle applies a. well in the
improvement Of the one as in the other.
The man with good machinery can manu-
facture protitably and sell al a price nj
which the one with poor machinery would
he ruined. Ii then we apply this prinri-
pie 10 the transportation ri The raw male
rial. bread slutis, and other articles of ron.
sumption in manufacturing establishments
il needs no argument or calculation "a
show that he who can make use Of Raj
Road for this purpose can always under
sell those who ave without The accommo
daiion. This is the true secret Of Ill,
sucress Of the Northern manufactures
the liberal system of internal improve
meni at The North has chespened ih,
transportation Of their supplies. donb
not, il would prove upon investigation
that The transportation of bag OF Cotton
from The interior OF Georgia IN the vicini
of her rail road TO Lowell. costs less thar
The transportation 10 many manufacture
in Nor,h Carolina, within hundred mile
OF The Cotton fields.
The reduction in The price Of iranspor
ia,ion musi I've attended a, least with III
working Of the existing establishments ~
10 their full capacity. and with their sue
cess The erection of others will follow
until in course Of time. the Stale will be
come manufacturing and by cnnse
quence consuming as well as producin
State.
The home market built up by III
Manufacturing establishments will stimu
laie, encourage and foster the agricullur,
interest. which is The great interest of III
Stale. And thus the great ends ofgoverI
ment will be accomplished by the silel
workings of The system Of internal in
provemenis, without doing violence 10 II
theories or prejudices Of any one. Tf
greatest benefit will be conferred on u
greatest number. In fact all will be hem
flied. For the North Carolina Rail X i
is no, mere line Of Rail Road accom-
,nodaling single line Of travel and op
rating on narrow. section Of the Stall
there is scarcely any portion or any i
,erest in the State tina, is no, benefited
this work. II ,raverses nearly the who
length Of The State, il is The Central IL
Roal projected BY the old and arde
friends OF internal improvement. crossil
the channels Of some of the prinrip
rivers, bringing their water falls and Ma
nfaclories into the actual vicinity Of 4
Seaboard. II would be difiicnll to pl;
work, SO properly, SO obviously and
essentially State work. The peoT
themselves have made il so by their wi
spread and unprecedented individual su
scripinn Of million of dollars, and
their endorsement, Of the coparinefship
the State from one end 10 The other,