The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-04-21
TUESDAY, APRIL 81, 1874.
REDUCTION OF FREIGruTS ON
MARBLE AND SLATE.

MARBLE AND SLATE.
The home demand for marble and slate
is comparatively small. Without any sta
tistics before us, we venture TO say that
home sales alone would not pay the ex-
penses of opening, developing and work
ing, to any extent, one quarry OF each.
But supposing that the products of single
quarry, each of slate and marble could be
sold in the immediate neighborhood there
of. what would be the result? We should
he compelled to pay double or treble the
present prices for all slate and marble used
Ivy us. With only this home demand. the
various quarrics of marble and slate, which
have added and continue to add, so much
to the wealth of Rutland county, and
portion of Washington county, New York,
would never have been opened. Men have
invested their money in this business sim
ply because there was more money in it
than in certain other branches of industry
because it paid New quarries will be
opened and worked rs long as they con-
tnue to pay and no longer. When it
ceases to he paying business, when the
same amount of money otherwise invested
will produce larger returns, then there will
be a stoppage of work, and no more pros
Meeting for new and valuable quarlies
Even those who have their money invested
in these interests will not continue to work
them, when they cease to pay. They will
not throw good money away after bad
money. Prudent business men prefer to
lose certain number of dollars and save
something, rather than continue in bust
ness wherein they will lose their all. 1t is
their interest, it is the interest of every man
in Rutland county to have these interests
developed to the fullest possible extent, to
have the largest possible production, and
that the propretors should receive remu-
neratve profits. These propositions are
self evident, and need no argument TO en-
force conviction.
There are other parties who are as much,
if not more, interested in the full develop
ment of these interests, us are the capital
lists who have their money directly invested
therein. To certain extent, they hold the
prosperity thereof in the hollow of their
hands, But their interests are identical.
The prosperity of the one is the prosperity
of the other The larger the production,
the more the demand for marble and slate,
the more money flows into the Golfers of
the other. Two lines of railroad extend
from Troy and Schenectady, through
western Vermont and eastern New York,
to Rutland, but both owned or controlled
by the same corporation. These roads run
through the rich marble and slate regions,
and furnish the natural outlet to market for
these products. Without the carrying
trade produced by these interests, these
with poorer or the same grades, il will rule
the market. Is it not for the interest of
the railroad referred to, to do all in its
power to stimulate the product to the
utmost? They have it IN their power to
produce the same result that the Union
Pacific railroad produced in Kansas. and
0y me same means. In 1864 there were
large number of mines opened in Utah
which turned out ore averaging ninety
eignt and half per cent of lead and one
and half per cent of silver TO the ton.
10 transport this ore, cost TWENTY-FIVE
cents pound, while, in market. lead was
worth only ten cents. What was the re-
suit! The mines were worked at n loss
on freight alone, of fifteen cents pound
allowing nothing for capital invested.
labor, etc, and that class of mining was
abandoned. The Union Pacific railroad
was constructed, freights were placed at
the lowest remuneratve figure, and, to-day,
this class of developed mines in Utah are
worth over thirty millions of dollars; the
railroad is receiving large returns for
freight, the capitalists are receiving ample
prohts for their investment, labor is in de-
mand, the country is prosperous and new
and valuable mines are opened nearly every
day.
The Delaware and Hudson canal com
pany have it in their power, By simple re-
a"ct'on Of Jreights to double the revenues
OF the two lines of road mentioned tn
double the productions of m, rble and slate
ana largely enhance the wealth of the re
gioh through which these roads pass In
speaking OF the increase Of their revenues
we take no account of the largely increased
sale OF coal, and consequent profit. that
would follow. We have, already, shown
from the case of the Union Pacific how |
TINS must happen, and we now propose.
briefly, to prove the same from aDalopv !
IL must be conceded that the greater the de-
nand' the larger will be the production
ana that the larger the production
The less would be the price. If
our states and marbles could he
placed IN market at such price that they
could he sold for less price than others of
he same or inferior quality, production
would he stimulated to the utmost. and the
carrying trade would be correspondinclv
increased. The greater the amount of
reight carried, the less it can be carried
or, ana the profits would be, perhaps, ten
old OF those at the higher price. Let us
Illustrate Years ago, weekly newspaper,
in New York city, was furnished
u one dollar year, while one published
n Vermont could not be obtained for less
han two dollars and a half. The first bo
anne wealthy, the latter goes into bank.
uptcy. The first could make money on
en- cents profit, the latter could not live ot
dollar profit-which, by the way. il
III not obtain The one with ten
ents profit on circulation of one
undred thousand copies had profit of ten
iousand dollars while the other with its
rohl OF dollar on circulation of one