Columbus Democrat., 1851-01-25

states that lbe net profits Of the Georgia Rail
road are IN the aggregate more thanten per cent
The chief Engineer Of The Mobile and OhiC
Railroad made bic estimates, (which we're pub
lished ia bis rePOrt,j iOr what be thinks will bs
lbe receipts Of the road whea eomYlstei Tor oas
year,commenciBg siI months after lis c0mPeIloni
and alter making, as he says, libe0ai allowance
f tor all expenditures necessary 20 do a large 3D.
sines, be makeI the net profit li4 per cent.
/ His estimates may be too high al such ssti-
mates are uncertain. Much depen4s upon both
the location and management
1t appears to me that the people in this sec
ton Of the country might reasonably calculate
with the many advantages that net profit OF the
stock, (shosld the road be constructed,) would
not in all probability be less than that Of The Geo.
kia roads.
Nhe gross income of two Of the Georgia and
one Of the South Carolina Railroads, total
length OF 405 miles, was, in 1876, in the az.
grega.e, nine hundred and sIty.nine thousand
and seventy FIVE dollars, while the same ia ls47
amoun.ed to one million ono hundred and fifty
FIVE lhOssand eight hundred and sixty two dol
lars, and in l54s The amount increased to one
million four hundred and ninety two thousand
seven hundred and eleven dollars.
Hence it will be seen that the increase in two
years amounts to fraction over fifty per cent.
The receipts of ten different Railroads in the
State Of Massachusetts,, tota! length Of 5l6i
miles, were, in the aggregate in 1916, three
millions two hundred thousand one hundred and
ninety three dollars and the same in ls47, was
four millions three hundred and eighty.siI thou
sand eight hundred and forty seven dollars,
while the amount had increased in lS4S to four
million seven hundred and seventy-eigbt thou
sand eight hundred and siGty.nine dollars, be-
ing an increase of between lorty,nine and fifty
per cent in two years.
II may be asserted as fact that upon all well
managed roads, which have been in operation
for several years, that the receipts are annually
increasing, consequently the stock must continue
to improve, and will in all probability at no distant
period, be at premium on the greater portion
of The roads throughout the country.
Is it no, time for the people in this section Of
the country to awake to sense of their duty
and interest-unte and let that jealousy and
suspicion pass away which has existed through
out this State for years past, caused by COM
bnaton of disastrous schemes and wild specu.
aons which have not, in all human probability,
been surpassed in any age and viii not be in
any other!
Surely if any people on earth can be properly
taught by dearly bought lessons, we must by
past experience and much teaching, be more
wise and discreet people.
I.v. III y... "s':s.~ - se"a-nad by pn,danre
caution and energy, and the ultimate Success
will not only be certain but satisfactory.
And those who have contributed and have
been engaged in the Iaudabe enterprise will, at
some future day, be exalted by the idea Of having
lent their aid towards the accomplishment of an
object which will prove to be of such benefit and
importance.
If the citizens OF this State would commence
general system of internal improvements, such
as would be hes, adapted with economy to cc-
commodae the greatest portion Of the people,
our abundant resources would thereby be devel-
oped our State would rival, at no distant Pc
riod, the fret States in our Union in wealth and
population. A CITIZEN.
TCnmnunicatad !