Bradford reporter. [volume] (Towanda, Pa.) 1844-1884, 1866-08-16
2:0latRllauRpns,
AND PROSPECTS OF
AMERICA,

4 most valuable work on the Resources
Ii Prospects of America has just appear
from the pen of Sir Morton Peto. In a
umc Of moderate size, he presents us
7-1 a great mass of statistical infOrma-
III, carefully compiled from the bulky Re-
is Of the Commissioners of the Census
lie United States, and from other sources
easy of access to readers in general
lie work is, however, far from being a
--re compilation on some parts of the
4uject the author writes from personal OBJ
"rvatlon, and on every part he freely Of
ers his own opinions and reflections.
Sir Norton Peto begins by referring to
Lie remarkable fact of the prosperity of
alerlca even during the trying time of the
.u. War; for this he accounts by attribu-
-5 il 10 the wonderful elasticity of the
sources Of the United States" The ma
Ia. debt, which was only sixty-five mil
Of dollars at the commencement of the
4r, or thirteen million pounds sterling, is
almost three thousand million of dol
Is, or six hundred million pounds sterl-
but such is the confidence of the peo-
'- ''-N 4CSDulNtS VI lIICll SOuAllJ IAdC
~ expect it to be all paid off in thirty
aES, OF even in a shorter time. From
. President at Washington" Sir 5. NJ.
says, down to the humblest agricul-
st In the Far West, | found but one pre-
".Ag feeling respecting the debt" He
referred to the experience of the past.
Was told that the debt entailed by the
.E Il 1872 was wholly discharged from
tdlnary sources of revenue in period
-lcteen years and that practically the
...en Of that debt had never been felt by
body, though, considering the differ
iii the numerical population, the capt.
d. wealth, and the future prospects of the
4,ry it was almost as great debt, in
s.r'lon, as the present"
/ -.ct among the natural resources of the
-try is its fertile soil, of which more
81. more Is every year brought into cult
'.'n. The extremely rapid increase of
population is in part due to the facility
~ which the means of subsistence and
omtort are obtained by all who are
able OF work, but in great part to i'm
;ratlon. The population of the United
lies was only 5,305, ,925 ia 1900, and in
'o 1t was 3l,429,000 but it is calcula-
i1at " of the whole population in 1868,
immigrants Of the present century and
It descendants number more than twen-
he million, or two,thirds of the whole. ~
immigrants are derived from all coun-
' u Europe, but IN greatest numbers
- "reat Britain and Ireland. Many
~ese have recently settled in California.
.-7re is a wide error in this statement. From
&" 4>lu-a period of twenty years-the in
j! Population was over SO per cent This
double the population every % years -
-S Tins twenty years there were less than 200.
PERSONS who had immigrated. Now if We
-. Tie case of no increase from immigration
'-1 lotsbe unreasonable to assume the popu
"opId 90 on in such country as this t.
w., .Hce III twenty-five years. By this estimate
!"at'on III 1890 being 100000, would il
ave been 10000 600 (below the mark) il
d would have been II, 900. 600 and in 1S6;
-Ya.d have been living "A, 900 900 of persons
-.ed from the original population of 1900
t"'e population of 1860 must have been a
''g1O,UOO. The actual population in 1866
'.'huUu, of which there would have beel
.l0 INSTEAD of Sir S NJ Peto's 81 ZOO. 900
.oInted for as immigrants and their de
-'9'-LD' HARPEE's WEEKLY.