Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1864-10-07


lutte incrcase in Vermont being morr thar
sSo. 100000; and the absolute increase IN
Massachusetts, S2i2.co0.oc0. We have.
tAervfore. IN t-cse letAiled statements. ele-
@ents Which show precisely ho~ and -hers
this enormous increase % lS6 IS pr cent
IN The -ealth - tie n.fon from 1850 20
1890. Vas Effected
Supposing now thc var % close NJ -
before the ene % lsts5. with = resforation
Of ths douainioa oftbs Old Uni0n; suPPos-
Jag also the wcAlfA Of the lo,al >tAies %
have iaercAssd since ls6O a; the deocuuiAl
ratio ofioO pr ecai Can ssder rather thsa
over estiuaato) and the valuation % the
disioyh Stats- AZ ia; period o. be one
thousand miliiOas lsss than m ls6O; then
tAe 70 unsted RaiiOa -ill start ass~ on a.
era Of PeAce. 18th . capital - twenty tho us-
Aad DiliOns. aA1 an aana.l incr~ase q
wealth which certainly eaaaos be estimated
Al less than s2.0oo. OoO. 600. This sarn.
4 should be borne IN nind. = rot the ~
ooHAe Of The natioa. cat q Which tAs popa-
lNtiOo are % Pay for tbcir snbsisfenos Ard
tbeIr iaSsries. bat ths Prosi over and above
our eSPenses Asa nation o. IN other words.
q y an aetaAl insrcase u esphal-the prod
uot Of labor. machinery and coumeroe-
~AicA = % b. sanuAns APPLIED o. the per
manent Improvements % the country. and q
be made the instrument Of eArniag mere
weAllh.r
Taking these eAlollAiiOus into sic-. ths
average interest 70 Each person m lssS
VAL be $50; an lss0. Sass. IN IsSo.
as m ls9O, s2-S2 N 1890 500. and
tins providing tia Principal - not rrdaosd
Al al.--Ns IN the case II Great Britain.
~bere tho debt vhich IN 1916. would have
bera charge % s. - per cent on tbe
property. vas IN ls5s only I3s per cent.
on the property. Tbe basis % this cAlcsls-
ton a Popula ton q about uiasiv Millions
IN 1901 ~hHe the estimates made IN sis
eensus Of 1854 place "a Al one hundrca uil-
ions A. that p~rioa. and estimates our
wealth a. thai time 20 increase 90 So. 5it.-
ogo.oco.
Again The aGibor shows tbe wealth % aba
eosntry 20 Dc m8ch undcrcsfimaled. a.
shown by a variety q q lrulaiions A. Tor
instance. tn t5~n % Hoo.ic IN New York.
= returned AZ slSs.4I2 From par,oss
sources be oollects the number Of sheep.
horses. s~iae. viii AgricHlfural implements
Produets- ete-. rciarncd. With estimates for
stocks and other arsiclcs not eanumeru,ed.
and Shows hat the real wealth q the town
~as over $50 90. and probably = million
q loilars. Frosn tbese b. 6elsces th. faet
ihst ihe real value IN 1850 -as upward Of
t~eniy 'hosand millions. And The lnercasc
over 10 pr cent - thar BIS results Do 10,
admii q = doubt. covering any los that
may have occurred IN $50. IN CONSEQUENCE
a the var.
These egsres are fortified By extracts 81
Sariors sorts. vhich ar ca-efuuv drawn and
an folly justified by the statistic. o. car
past national progress
To show that tAs-aeb, can pc borne. b.
cites the fact iha, Great Britain IN Isle.
without a maze Of railway. or a sinsl e steam
saiP. or hardly a labor sAsing machine.
With heavy resSricturcs on his labor. earned
ard sosiained .iebi o. iorty-,-o thousand
millions. and With Il has become abe frs,
nation IN wealth IN tbe world. ar Ia. as
been Almost constantly engaged 10 -aF dur.
Ing the time
u may be argued thas ~e have contract
81 heavy town ant safe dsbt.. This !,
true yct % must D. adnitte1 thai the Az
1isidual fndebtedness has been decreased
in g-ra;er rate thza pa1E- Gcd, has ireres.-
Cd In tact ibe system q credit j. ne.ri,
done away Therc - no naa in abe com
munIiy. but can point % ALMOST any one a
his neighbors. ard sbov Ar instance q i,-
ee5tedncss cancelled. This Is al.o sbour
by me Pubhc records. Five years AGO.
ti'ere we're euterrd IN the Registry Of DEED.
in this County. nearly a. many mortgages.
A. 81 Other Conveyance. Nov. tbe pro.
portion . 80 ~ f-s, and this besides ,bs
iarge numbers % cd mortgages thai are be-
ing ehnoelied daily These fgure. sbow
ihai The debt OF ne ooantry thourh large
vi never be burlenso-ae AL th,t ,,,s,,
the Improved sys;em ofahor 10 te alsr.e-,
A. thc cio-e 81 tie var. 9Th tLe iumer..
Immigration focking o. our shores. th.
Oni'ed States III make such STRIDE. b
wealth a. 90 relurc our present Iebtt1
snail per1en'age ofoura -grerate properf,
HsFp IrSEs. A t-u.er isare.-ht,-
ing tor has soli this yea-. from t.s.,i.i,l.
81 An 49, 81 .,r....-H -....