The Columbia herald. [volume] (Columbia, Tenn.) 1850-1873, 1872-11-01
J6rtanee a Agricultural sxsssiss.

P6rtahcc 81 Agricultural zSza1ss-
|rrss lures. ass.5ls.hAl
As on index to the wealth Of some Of
the great dairy districts, we note that Her.
kimer, n. T., ships annually over l7,0O0.-
900 pounds of cheese and 800. 900 pounds
of butter, worth 81, 500 600. d Little Falls,
My, perhaps as much st. Adams, Vt,
ships l,o00, 900 pounds of cheese, 2,75O,-
600 pounds of butter, worth IN the market
81, go. 000ss1The village Of Wellington, O.,
shipped 4, 0e0 600 pounds of cheese in 1869
worth $500, co. : 7%s oi -sY' Z ri
=, When the West gets fairly under way
she will probably be able to foot I'M Salts
factorily. results as above. Dairying is yet
in embryo here IT has therefore been
supposed in the East, that the quality of
the grasses In the West, influenced by cli-
mate, were unsuited to the production of
butter and cheese; but the fact that the
best Western cheese now sell equally we'll,
and brings prices corresponding to those
produced in the best dairying districts East
is proof that the trouble did not lie so
much in the soil and climate, as in the OBJ
in any new locality. brs ...sii -3d. 20.
We believe that the West is destined at
no distant day, to rule the market in the
production of cheese. and probably butter;
and this, Just soon as cur dairymen have
solved the questions relating to climate
and the continuous supply of succulent
foOp during our annual seasons Of heat
and drouth The other necessary condi-
tons can be easily supplied -,
Men must not be browbeaten for
differing with you. Even when they
are manifestly wrong, patience with
them and gentleness are far more like
ly to remedy their error than taunt
and ridicule. fs--,o.,,,e. -. 49,. 10.
5,.s The Investment of Savings.
A prominent New England banker
having sold to his customers q consid-
cradle amount of Northern Pacific Rail-
road bonds, decided to make an exami-
nation of the accessible parts of the line
of the road, to see for himself the char
acter and-progress of the work, the quail
ity of the company's lands, the nature
of the country traversed, and the pros
poets of the enterprise generally. He
spent three months of the present sea-
son in making the tour, going first to
the Pacific coast and visiting the rosue
in Washington Territory, along the
Puget Sound Basin and Columbia Val
ley, to the western slope of the Rocky
Mountains. then returning eastward and
spending considerable time in Dakota
and Minnesota. 5.l, 4
After thorough examination he con-
cludes: ]. That III not single par
ticular, SO far as he can judge, do the
publications of the Railroad Company
overstate the advantages of the route,
while in many regards those advantages
exceed any published statement. 2.
The work is advancing both from the
East and the West at satisfactory rate.
3. Intelligence. honesty and energy
mark the management Of the enterprise
in the field. 4. A large and lucrative
traffic awaits the completion of the va
rious sections of the line. 5. The re-
sources possessed by the Northern Pa
cific Railroad Company, in its mnnifi-
cent grant of fertile land with accom-
panying privileges, are more than suffi-
cient, when properly developed, to COW
err the cost of building and equipping
the entire Road. and provide depots,
docks and other facilities 6. The belt
of country along the middle of which
the road runs, and whose trade, travel
and business are naturally tributary to
1T, embraces the finest body of unO &C.
pied land Oh the continent. z. With
efficient management (which seems to
be amply guaranteed by the high char
acter and weil-known experience and
ability of the Directors the lands and
traffic of the company should render
its first mortgage bonds one of the
safest of investments, sure to rise much
above par in market value On the CON-
pletion of the road and the closing of the
loan.
Now that Government bonds can no
longer be purchased except at such high
prices as to reduce the rate of interest
to about 5 per cent, Northern Pacific
Railroad bonds, with their real estate
security, have become fayorite means
of investment. As they are issued in
determinations as small as one hundred
dollars, persons of small means can
purchase them as well as capitalists
and as they are registered as we'll as
coupon, moneyinvested in the former
is perfectly protected against fire, theft,
or other loss. The semi-annual interest
on the registered bonds is paid by gold
checks sent regularly to the post Office
address of the holder, in any partof the
country. The rate of interest is seven
and three>tenths per cent. gold, or
about 8! in currency. The bonds can
be ordered through almost any bank or
banker, or directly from the Financial
Agents of the Northern Pacific Railroad
Company. Messrs. Jay Cooke Il Co.,
New York, or Philadelphia.