New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-23
NEW PUBLICATIONS.


SIR MORTON PETO on THE UNITED STATES.
TIE RESOURCES AND PROSPECTS, or AMERICA ASSEK,
aFisS OF i9sS sv Sir 5 MoR1cS Pkro Bart NJ P. for
Bus.oL Bvo PIP Alexander Straian.
Sir Morton Pc.o seems have ft this county with
profound admiration Of its material resources and most
favorable impression of the character of people He
overaows with gratitude for the kindness with which be
was oyerywhere received during his transatlantic tour
He gives Us full credit for all that have done toward
tha deg opment of our natural wealth. and he points
out the PARTICULARS in which have failed to do all
that we might have done, everybody will admit
that he does it in tho most friendly spirit,
and with perfect Justice Although cannot agree with
him in all his opinions aud especially in his earnest and
repeated arguments against protection admire the en-
ghtene5 spirit in which he has written about us and tho
industry and acueness with which be has collected the
facts and figures Illustrating condition and prospects.
Facts and figures indeed rather than opinions and con-
PICTURES compose the substance of his book Its scope
aod purpose are thus stated in theprelimnay chapter;
In NY travel ough the in the Autumn Of last
year the abundant Of the country was the feature
which struck f0robly 1t appeared the key to every
thing Wild territories both OF forest and prairie,
being cleared and popuated saw villages spilugng ino
tSs ooo r idea was 70 attribute Il ali to the work Of some
powerful magcan passed through whole regions where
lines railway seemingly constructed for ite ex
press purpose q conysyng TIL, pSdree 70 ports IRON w1Gn
am popuaton to consume it: passed immense rivers
Sgcs was brought into communication with the merchants
who conducted varied to which all this
rise. and looking at all met with. could not fail 10 he
struck AZ practical man. with the extraordinary and
dsr Of American surprising By far
thing Of which have the slightest experience In ne ga
world great our own products and Temarka0e as IS ho
Industry o. our tee@Dg population Il manly win NE ae
% draw the attention Of NY ieo" colnrmen 70 h
maabe feature Of America that have undertaken the task
entailel on me BY this publication.
He frs. calls the attention Of his readers TO the national
fha inf - QOncludes
"the nation can well bear all her liabilities, and is quite
equal to the payment of them within reasonable period
ii necessary"
In Great Briiso whore our debt is 8sOO0OOO and the
annual payable upon $40 900 900 have been
sss,oeq 20 1er bspg uttered sat can e
member respecting q liquidation Nothing struck mo more
Ts.oectiag ths liabilities With debt Of 10000 lHvoly
ing annual interest say 4OOOO (ea heavy pay
meat OVID the cry OF the whole population Is that IN
pledged for is discharge is cried On ore SIDE we are
financially able TO pay pToeiams another party was re-
eed by several parties 70 me past experience OF the nation
They told me the debt cnined by the war Of 1872 was
wholly discharged from iic urinary sources Of revenue 10
period nineteen end ihat practically ne DufGen OF
That felt by any boay though considering
ths il tie numerical population the capital wealth
aad prospects Of the country it almost as great
DEM al Washington down numbest sericuurist in the
far Wes. found but prevailing feeling respecting he
paid be paid; it shall be pads and It uA be paid"
He treats of the population, its diffusion, its increase
and the occupations Of the nhabiants Of the agriculture
manufactures, minerals commerce. and railroads of the
country Of the population, products, and prospects of
the South and finally Of the national revenue expeld
ture and taxation. The statistics belonging 20 these
various heads are skifally compiled and exhibited. The
views Of Sir Morton with respect to railway management
viii naturally be looked for in this country with especial
interest He finds great deal Of fault With the systems
on which our railroads are built AID managed, and ex
poses at some length his own ideas the subject from
which We give an extract:
Tbs mercan public ought mover TO be satisfied until they
able 70 calculate fixed moderate prices for reg and
without Obrudng my views in connection With any prticu
lar railway think entitled TO PROFOUND the principles
on which consider the railway arrangements in America
ought 70 conducted And my first principle IS that those
dato5 The public entitled under the Railway system to
certainty Of communication they ought ao to be insured
tons generally the direction Of reduction In the conduct
o 81 our wbs we are Our pcy Is almost
ty Of low fares passengers and reduced rates for
the country il ought be tho United States II has
been altogether to the present lime am entitled to
pleasure 10 be associated The tact Is as lave already nd
Gated that tho American railways have oeeh aeae ana are
conducted too much In detached portions snd 100 niue on
large and liberal system Of cooperation The vice extent the
1s; %nc @ & are
enghs for the purposes Of local traffic they cannot be expect
saan U ayey wide spsce But desire o see this original
corrected. want the American railways to be worked
system am convinced
he benefit Of ali the Companies as well Of the public 1t
may be accomplished by substituting for system OF Jealousy
rivalry, and opposition, Of understanding com
promise aance friendship mutually and interchange each
fine acting Of entire whoe the railways in
fact considering themselves not Of States but
TEN OF United States do not recommend this system
theory there practical proofs Of the resulting
from IL Some the London and North Western
RAILWAY which now briggs Scotland Ireland and Wales into
Communication under united system with Liverpool Man.
chester Birmingham the whole Of the Midland district and
Metropolis England consisted OF series Of nes made By
different companies with different objects many Of them
2
lines which II has amalgamated. Of opposition
It proved Improbable systems costly In its workng
falling vast the consequence OF competitions in
Furious It's prosperity and most disastrous 10 who
placed Ia antag0nsn 10 IT, OF late all this has
been altered The various competing lines have been brought
ts,o combination With the system equally adsan
ageous terms What has been consequence No
Of rates. no dinnuton OF train accommodation; delTac
zion from tbs convenences afforded 10 the public On the -
ary system OF tie great line aud Of ell lis braHc~s
Aaa rncnHed immense deEeOLmeNt IL Is