Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1853-09-03
iaoil iloa0 tilattcr.
puiLADELrn,A AND sUNBuRy RAILROAD
OPENING.

from the city papers for the following eS-
s.acts oi the sppeches made on the occa-
sion. Hon. F. w. Hughes having the
door, spoke on the importance OF rail roads
arn~rslly'
But, said Mr.. H., he would he more eniei,
tanning by referring briefly to a few ns'int
fucts When he LETT hume Yesterday mouu-
ING. no, ueiny him -,'li lime 10 tead Inc |
pewspa per, h.. pn, the Psi'cis'pt'a Ledger |
into his potkei. uph view Ia fea'i'n2 u on /
his arfi,al here. When l1uslne over II hts /
attention was ARRESTED b, an arIIrie hrale'l ,
''Nichiuun Railroads - lie proposed 'eodirg |
IT Tor me pLl pose nf nsinn II asa lex Tor |
any futlher trmatks be had 10 make. 1hr |
a.iicle is as iul.uSs;
"MtcBGAN RAILROADS. "A, present there
ate bot two railroads completed, running
tbsoueh The State Of Michigan. These are
the Souihern Michigan snd the Genital
Michigan These roads were completed and
in operation early in the year 1862 The
a.sessrd vaine of teal estate Of the State Of
Michigan Mas, in 1851, S2l 526 957. IL
1884, he assessed value had ri>en to &c.
1854 beirg nr increase Of over Two hun.
died aud Gity per ceu, in tuo years. OF
he seventy counlies of Michigan, these rail
roads run through only Twelve and therefore
these would be entitled 10 only one-siAth Of
the increase. But maik what the assessment,
discloses, viz: that the increase in the val
ue of The real estate Of The Slaie in these
twelve counties is nearly two.ihirds of the
entire valuation Of The hnie State in 9th.
er ~urds. The increase in he valne of lands
and ,eneuenis in these twelve counties
thitush vhch these railroads run, in two
ysars, is more than forty millions, thus val
ne in 1851, sic $50, 900 value in 1853 $751;
$500 Increase, sac. .o63, 600. Value Of
the whole State, tseyen,y countiesl $40 .
735 oo0n
Wha: erea, fact do these statistics es,ab-
lish. Michigan is merely an agricultural
State, while Pennsylvania abounds in mineral
treasures of The most useful kind and
coal: these being the means ou, of which
the opuence and granduer Of Great Britain
have, in great measure, sprung. And, SD.
per-added 10 these great resources of wealth
her hill sides and her valleys are covered
with large growth Of timber, which has al
ready created "a vast business, giving EN-
ployment 10 anumeTous and fixed population
building up communities, aud sustaining
cheerful, prosperous, and even elegant towns
During 1852, the quantity of lumber tha
passed down the Susquehanna, for the differ.
en-. markets, amounted to 800, ,o0o,0 900 feet
To Baltimore alone, this trade was worth
Sl,ooo,o0O last year. Harrisburg, Middle.
town, Marietta, Wrigh,sville, Columbia, and
few other places, are points iol the sale and
.ranshipment of good portion of this lum.
Der. Sunbury will now become ore of the
leading lumber mar,s on the Susquehanna.-
With The Philadelphia aud Sunbury Railroad
being located at The confluence of the Two
branches Of the river, a vast quantity viii
be shipped from this point, not only to the
Middle Region, but TO the Schuylkill basir
also. The revenue, from this source, vii
doubtless prove big item.
Is il no, certain, asked Mr.. Il, that il il
Michigan the resul, had been as is stated il
the article just read, that an improvement
which will open 10 market the vast and va
ried, and inexhaus,able products Of our ow
State will afford profitable inveslmen, fo
capital. Gentlemen need not be asloumde
when hr asserls, i0r he does il after reiectio
and careful exercise of his Judgment, an
the cons deraDlon oi every kind oI informatio
tending to eucdare the proposition access
be, that The completion of The line Of publ
Improvements uow projeciel-lhe Philadt
phia and Sunbury, the Baltimore and Snsqu
hannah, ami the Sunbury and Erie, and Il
Nv York railroads, will be tan,amount
the payment Of all the heavy pablo debt
oIr State. There are large, vast bodies
lani in ina, portion Of sylvana, hroul
which these great public improvements mu
pass asses-e al from 25 10 so cents per acr
The intrinsic vala of these lands can scare
~ he s,rimAeI, bu' >ay that, by turnishi,
2alkei 'er "a lIrh, natural production
uliurral aud agricultural, with which they
bound, they are appreciated 10 say fifty dc
lars The mere, and it is moi dIfflcult Gale
Ia ion 10 estimate the vast advantages II
public treasury will derive from their increa
ed accessible value. The speaker here e
teIed into calculation, based npon The
sessed value Of real estate in Pennsvlvani
show ing hat by necessary result the appr
riaIon OF lands would pay The public de
entirely. We regret that we caiiuoi give II
figures Cause will follow effect, he said
the project of DeWii Clinton, and the co
stuciion OF lhs New York and Erie cam
has buili up towns and cities along the e
lire line OF the improvement.
By way of illustration aud example, as W
as in direct establishment of the proposili
assumed. 10 the Schuylkill Coal region,
single tract of eight hundred acres, is this d
yielding in rents an annual return OF one hu
dred thousand dollars, while tract of fo
hundred acres is yielding but little shor,
that amount. These tracts have been long,
worked, and yet are now most profitable.
These facts demonstrate two things, the
exhausisbiity Of our coal deposits and 7,
immense wealth 10 lhe State, as well as
individuals, Of whioh they are The dire
source.
TIE speaker here proceeded TO show
vast importance Of the sunbury and E.