The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-01-13

cut realizing dollar. In relation 10 these grants
the Land Commissioner rsmarlu:- t9 M.
1t il impossible 70 portray the vast benefits already
rived by the West from this system. Immense regions
have been disposed Of that thought to be wholly
unsaeable because OF the difficulty Of access; and
msrous are the for these lands that In
cases, for want OF time they cannot be acted for
months after they made The government has been
consequently benefited, viii be In part from the
Statement showing the quantity Of aud sold, with
amount Of purchase money received for the same also
limits Of the Illinois Central Railroad from this date of
being offered at public sale, commencing July 9TH to
goth Of September, 1854 within the State Of Illinois,
Within six miles 42447s acres yielding 81, o7o 47s "a.
or this amount BAL 2e acres were located with warrants
In addition to these totals there IN OF $t30
075 Go paid by parties who located with warrants for
odd amounts Of land which their warrants do MT
or this amount 1928 234 located with
rants and on which an excess Of % was paid In
Acres y so * wi, within a both limits 77a,sss as
Acres located within both limits. 1,604,6n IL
Total sold and located with Warrants 2a77, os4 81
Excess in cash from locations with warrants 4eeas2 70
r,ta cash received. .....,..s2o14,l2 100 OF
Cash value Of warrants surrendered. zoos, S0l IS
If the object sought in the passage OF the gradu
there is little doubt that object win be attained by H.
IT. on the contrary the supposon that the lands
would not sell for more the foregoing think will salts
This immense sums Of two millions Of dollars In
cash has been realized through the action Of the
Illinois road in region that had, for fifteen years.
not only been valueless to the government but
national waste. Those lands, which settlers would
not take as gift, are now sold at double price to
persons whose applications are filed months ahead
for them. We have now to remember that these
the refuse lands Of that region that the 100000
acres held by the Illinois railroad, are selsc.ed
lands, in the best localities, In the hea OF coun
try filing up with the rapidly indicated in the re-
turn of the conuissi,nsr In two years the govern
ment has sold 2,377 994 ares In that region to set
tiers, and the sales in the September quarer we're
greater than ever. Probably onefourth OF ell the
lands sold by the government were in ths region Of
the Illinois Central read. The whole produce Of
that land must 50, next year, to swell the business
Of the road. That Is to say, region Of prolific
land equal to the whole surface of the State OF CJn
nectcut is brought uDcer cultivation tributary t,
the Illinois Central road. Even If the road hal no
land Of its own, this fact would establish is pros
yeri.y. The Governor Of the STATE, In his annual
mesfage, sl,o remarks that the average price OBJ
tair ed by the company for GALES, has been $40 SO
State from the seven per cent tax on the gross re-
csipts Of the company Toe company, the State,
and the federal government have reason to coz
graduate each other on the reciprocal prosperity
their connection has produced.
The annual report Of the Illinois Central Railroad
Compsny, inst issued gives the annsxei exhibit OF
receipts aud expenditures up to tbs lst of January
1906