The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1859-02-05
what Railroeds 10 Sos the People.
fBrsa sSs Rairosd Rsoerd.l
In 1850, Ohio had not over one hund.
red miles Of railroad in active operation ;
the part then completed being a portion


rcd miles Of railroad in active operation
; the part then completed being portion
Of the Cincinnati and Cleveland line /,
, 1852, there were |, 1854 miles completed
and in 1883, there were 2,S4l miles -
The value of land, at these several peri
ods, were as follows, viz:
In 1880, s34l,3ss,s3s
In 1852, 363, 10000
In 1858, 59O,2S5,947
The increase from 1850 to 1858, in The
value of real property, s2lS, ,597, 1919,
81 per cent. The increase of population
in that time is about % per cent, or lit.
tie over one third the actual increase 10
the value of property.
Thus two thirds this increase in the
value of property is due to some other
cause than the increase of population,
which represents the permanent Improve
nsent made BY labor. What other causes
have contributed to give this additional
value of 40 per cent, to the real proper
ty of the State Undoubtedly the in
crease in real money, by the increase of
the gold mines of California, has had
something to do with this increase of
value But, if we say that the whole
property Of the country has increased ten
per cent since 1850, in consequence of
the increase of money only, VIC shall prob
ably be quite up to the mark. This
leaves 30 per cent. to be attributed sole.
ly to increased facilities of transporta-
.,o L.. l.. -, ia
by actua! observations We can not be
miStakon in saying that the increased
value 6 land ia Ohio is mainly due to
the increased price of produce and that
increased price is again due chiefly to
the ease and rca1inc~s with which pro-
duce is carried to the great markets of
New York, Philadelphia, Boston, aud
Baltimore, all Of which are now reached
by excellent lines of railroad from every
quarter of the State. The amount Of
value added to the property Of this State,
by the construction Of railroads since
1850, is about one hundred and ten mil
lions Of dollars This is more than the
en- tire cost of all the roads in this State
Had the holders of real estate i'll Ohio
been taxed fifty millions of dollars, to
make railroads. thev would have thought
it an act Of most enormous opprossion.--
But they would have made ffty millions
clear profit by the operation, and left all
the roads Of Ohio without dollar of debt
As it il, the owners Of real estate have
the benefit, and the roads have the debts.
In the harsh Judgment which is some
times passed on the managers of roads,
II should be rccollected that the enter
prisos they have undertaken, and the
debts they haye made. have conferred in
e<timahln benefits on the Great public
They have riskcI their own reputation.
and often times lost their prorcrty in
c9rrvin,, forward enterprises which have
resulted in wealth and pros spcrity Of IL,
peoDle.
ro., r,o,. -. y. ..r,o.- e .,1
nI, a.. .l..l,,. ',fl.1>n r,
snra;sb e,,1I x,Ity.,,nn. for iaLar :. 49,
.,,.-. l,.;x.l1. f,,,2.;u. - ho .o-ra~,,,.,.1
, ,' an of tLn .rts ~ I;ro for i hn.,, n,a
nlovs those who MIGHT b. otlorv;se idle
and il furnishes market for large
amount, Of nroduoe of agriculture and
othe, arts which would not otherwise ex.