Mississippi palladium. [volume] (Holly Springs, Miss.) 1851-1852, 1852-03-11

iHCoiiiS lIOiu passengers Is SooS.ZlZ
Add freights as above. I76,7JS
Whole income per year.. .SS2S, $40
Nearly fifty per cent. on the invest
ment of SI,SOo,0O0. Suppose that
only $4,000 persons pass annually over
the road, less than one twelfth the a.
mount estimated in Massachusetts,, and
we kave from passengers the
sum OF. ................S .S262, 800
Add freights as above,.. -. l76,75S
1922
Deduct 40 perct. for expenses, l75,703
Nett earnings. gs,...........S2e S2e63.555
Nearly ID per cent. clear profit
That the above is not an over estimate
can be seen by a glance at the follow
ing tables, viz:
Names of Roads. Estimated No pas. No. pas
No. pass. soon af- sengers
before oI,'d ter Cpd carried
Boston Worcest'r, 23,56O 26a, $50 s07, l43
Boston & Lowell, 81 400 400.866 525. .764
Fitehburg, 7l,790 327 ,054 745,e25
Eastern, l21,700 4s3,o26 ,e2l ,l69
Boston d Maine, l25 900 46O,426 ,051, ,569
Amongst people as social in their
habits as the warm hearted Southerner,
certainly one-half of the travel in pro-
portion to the population, can be found
with them that exists in Northern Rail-
ways. No estimate is made as to out
going freights, except for cotton. The
road when completed, will place an in
dustrious population on our now va
cant hills; and the produce of the gar
den, the dairy, the orchard, the farm
yard, the mandatory, as it seeks a mar
ket over the Canton 81 Jackson & n. Or
leans and Jackson Railways, will add
many thousands of dollars yearly to
the freights. 1t is mistake to suppose
that the North produces most of the
articles of our commerce. s'In 1916,
the exports Of northern growth and
manufacture (and much of these manu-
factures were from southern materially
were 1881 900; whilst the exports
of southern produce were S74,00o,000
or three times as much. In I847, the
southern exports were $l02 100000
against the northern of 4S,00o,0o8.-
In 1913, the southern exports were
9S,GOO,O0O against the northern 3d.
000,000; 1919, 99,o00,000 against 3d.
100000"
The foregoing estimates as to the
profits of this road are made upon the
hypothesis that it will stop at the juno
ton with the Memphis and Charleston
Railroad. The friends of this measure
do not contemplate this, but expect.the
road to be continued northwardly to
the Ohio river, and thus form with the
New Orleans and Jackson Railroad, and
the Jackson and Canton Railroad, a
continuous communication between.N.
Orleans and Cairo. Boston, New Y ork,
Philadelphia, Chicago, St. Louis, Balti-
more and, even Charleston and Mobile
are pushing theirroads to this point, and
if the measure / am now advocating,
can be accomplished the profits of the
road, instead of being Is, will be 100
per cent. But the produce which will
be carried from the mouth of the Ohio
will be almost incalculable. But little
is yet known of the resources and
wealth of the Central West, the Delta
formed by the Ohio and Mississippi Ri
vers, but that little promises complete
revolution in the manufacturing world.
On the banks of the Ohio, the Wabash
and Illinois, will be found the spindle
and loom. that will rob Manchester and
Lowell of their strength. Food is
found there in the greatest abundance,
and cheaper than any point in the
known world; the coal-beds of the
Central West will yield inexhaustible
quantities of fuel at price of half the
cost of the same article at Manchester
or Lowell; water for dyeing is found
as pure as that of the Mersey or Mer-
rimac. Madder. the principal ingred-
lent for colouring purposes, can be
grown there as cheaply and abundant
ly as can be desired. Querciton and
sumac are abundant; fre-clay andsand-
stone for building are inexhaustible;
and last, but not least, can be carried
there at 10 per cent less cost than Ell
ther to Liverpool or Boston. Ia a few
years. an immediate and direct commu-
nication will be opened by Railway
with every important city on the At
lantic seaboard, giving this region ia
cilities for placing in her factories the
few light articles not found there, and
of sending to all parts of the country
the products of her spindles and her
looms. How can Lowell meet and
vanquisk this competition2 She OBJ
tains her cotton from the Mississippi
Valley, through New Orleans. Her
coal is dug out of the mountains of
Pennsylvania. Her food is carried from
the great grainfelds of the West. Her
dyestufs are imported from Europe
and South America, and then the pro-
ducts of her looms are sent 10 the very
points from which she draws her cot
ton, her food and her coal.- England,
and New England, the mother and
daughter, must yield forever the scep-
tire of manufactures to the sons Of the
Central West. Our own agricultural
powers are not properly estimated. In
less than thirty years our annual cot
ton crop will amount to six million of
bales. Asia and Africa are yet igno-
rant of its cheapness and value They
will soon demand for their use three
million bales. Then will this vast crop
bespun and woven on the banks of the
Ohio, and over. this road through New
Orleans apd across the Isthmus, will be