Kenosha telegraph. [volume] (Kenosha, Wis.) 1850-1854, 1853-08-26
Communicated.
THE FALLACY OF POPULAR OBJEC-
TIONS AGAINST gAgL.ROADS.

{ the several surveyed routes of the kenosha and
Bcloit railroad, and although we found nearly all
alive TO the work and ready TO put a shoulder to
the wheel, we occasionally found a few equally
Jealous for public improvements, yet literally OPP.
posed to railroads. To hear the objections urged
against these improvements with zcst and good
nature peculiar only to a firm conviction that such
objections are right, and to consider how exceed
ingy frivolous some of them are, whilst others it
must be admitted are sustained with some plausi-
bty, is as amusing as it is pcrplcxing.
BY request, we propose to examine some of the
most prominent objections, and ascertain, if pos
sible who is in the right:
1t is said, with some data, too, that an immense
amount of capital is already invested in railroads,
that the whole country is cut into net work with
rail roads and rail road projects that the expert
cncc Of the world proves that such heavy invest
mcntS in any business must soon overdo-the mat
ter and bring about a crisis-a CONFUSION in the
money market; then comes the reaction and rail
road men lose their money, and rail roads their
credits. This is the only objection we have heard
that can be sustained with any show of argument.
This is the great Jug'car the railroad maria, and
Justify our present railroad operations. But We
contend that such conclusions are not drawn from
correct premises, and that prccedcnts arc no critic
| ron unless the premises are the same. This cri-
sis never comes in any business until there is more
of that kind of business than the country requires
and now we ask, arc there more u roads in the
country than arc necessary than can be sustain
cd! We have in operation throughout the Tn
ion, between Is 1000 and l6, 900 miles of rail road
at cost of over 100000 900 enough to have
brought abont this crisis long since had they not
moro than paid annually, the entire cost of new
roads replaced, and the whole investment bv their
revenue and other incidental profits, leaving u, all
| oar original capital on hand and our annual in
come besides. So long as any business continues
to add wealth TO the country, pays for itself in IL
few years, and yearly affords more than enough
10 carry on all legitimate projects the crisis is far
distant. But the demand for railroads continues
to increase because wherever they ruin the resour.
ccS of the country are dcvclopcd-bccauSe they
combine speed and salty with chcapncss of trans
poraton, and are avenues between hitherto un-
connected commercial points; giving markets
where none existed; sending broadcast over the
country flood Of heretofore pcnt up capital en-
coura@n@ labor and giving employment to hun
drcds of thousands of men. Al this, taking in
consideration the vast amount of resources yet un-
oc''''Pe" l" our country the MOOD OF hhmgra-
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