Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1869-04-09
perity which our climate, soil and rovo.
generally demand. s. oso2urces

| generally demand. ); sources
! 1t but remains with ourselves 70
North Carolina one of the richest ana uaKe
pOpulous States of the Union. r. mo. most
for us to develop her yet almost nnton lSlns
resources, and to give her a cocned
whose magnitude and Importance sbaNr rec
unsurpassed by any In the wide world u De
say this, unsupported by the irrefro..,t,o
testimony of facts and figures wonIJ s se
to be the words of some ill-regulated seem
imaginative mind, but the statistics 7 and
already given must convince every ono lave Ave
all this may be done in o very few vea,s sISt
vigorous and enlightened system of -, "
nal improvements. That the Capitalists
those ionRneaded men whose money is 10
vested In nothing of whose final SUI. III
they do not feel assured, believe - success
rious future for North Carolina 10 ~ 9'0'
evinced by their eagerness to invest Hl
money in all enterprises whose sncoone eir
in any manner connected with the ISIS
prosperity of the State No man invest cure
doubtful enterprise, and this general a. ~
sire by capitalists to invest their mone, NC :.
enterprises contingent upon the nronsr -
of the State Is one of the STRONGEST ~!
BILE proofs of the certainty with wTioL
her future prosperity and Commerce
Importance is regarded in 9TH
States. Should we then be Wont
ing in that confidence in orr on,,
ability for ultimate success VII
is so freely expressed sand evinced NV tSn
business men of other States ? ShonId rno
supinely allow the work of regeneration to
be performed by other hands. and tLo
benefits to be, in great measure, VIII
drawn from our citizens No. We shoril
do everything that lies in our power to aJ
vance the business interest of our State 70
build up every branch of industry, to de-
velop our mineral and agricultural resop,.
ces, that the result of the whole may be NJ,
increase OF the wealth and importance of
the State, and as a necessary CONSEQUENCE
the necessary prosperity and happiness Of
the people. There Is but one way in which
this can be accomplished-by a generous
and Judicio system of internal improve.
ments-and to be judicious it must be gen.
erous. A half way, undecided, irregular
system is almost as bad as none at ali and
to accomplish the full measure of success
we must be liberal in our aid of en-.
terprise which promises to promote the
general good. x
In Indiana real and personal propertv in
1900 was valued at 500, 900, 600, in 1860 at
$3.50, 600, 900, or 160 per cent in ten wears
In 1850, cash value of farms $I36 600 600
in 1860, 1914, 900, 600 doubled in ten venrs
Dive stock in 1860, $50, 900, 600, in 1866,
$68, 900, 900, or an increase in six years of
more than all the live stock in North Caro-
lima.
In Illinois in 1850, farms were valued at
500, 900, 900, in 1860, $l4, 100000. In
1850, real and personal property was val.
ued at $156, 900, in 1860, at 1871, 900.
900, an increase in ten years of 458 per c.
The tonnage of the railroads of Illinois in
1867, equalled 1925, 600, 900, an annual in
crease since 1860, of $40, 600, 600.
The railroads of the eight Northwestern
States, viz Ohio, Indiana, Michigan, Hi
nois, Wisconsin, Iowa, Minnesota and
Missouri in 1850, were l, 27o miles; in 1860,
LOCO miles; in 1867 1900. In 1850,
these railroads carried 382, tons OF
freight, worth $57, 900, 900; in 1860, $500,
600 tons of freight worth 1895, 600, 900; in
1867, 81 900, 900 tons of freight worth So
600, 600, 600; that is trebled in ten years
In New York in 1853, the railroads car
ried 1886, 100000; in 1867, $1,723, 100000
freight.
The railroads and canals of New York in
1858 carried 1000, 600 tons; in 1867, &c.
600, 900 tons.
All the railroads in the United States
cost 1,2OO, 900, 900, at 6 per cent interest
is $40, 100000. They have created q COM
MERGE worth $40, 900, OOO,O 600 annually.
Now let us look to North Carolina. Build
North Carolina railroads from the coast to
the mountains, and they will share in these
immense freights as shown above. The
annual productions according to the cen
sus Of 1860 was as follows