The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1905-07-06
Pennsylvania System Had Gross
Earnings Last Year Amount
Ing to $4,000. 600.
lT BEATS SOME NATIONS
6svsnus Of Mexico and csveral Other
Comparatively Important Nations
70 Far Lees Than That Of
Some Railways.
~ Charles N. Harvey in Pssrson's

were siis. ooo. 900. This sum is too greai
60 be grasped by the ordinary compre
hension. Only by comparison with 9th.
or concrete things can we get an ade-
-ouats idea Of Its magnitude.
Mexico has a population OF 1900 600
~ covers an area equal TO that OF the
United states east OF the Mississippi
4exico's annual revenue In s75.ooo. 900
The next largest and richest OF the
Latin-American countries. except Bra.
MI. u Argentina, wh!ch has a revenue
Just half OF that OF the Pennsylvania
road. In the past year or two vene-
.9ueia has stood or the United States
England. Germany. France. Italy and
other countries. sometimes successfully.
ssytvanfa railroads income for two
weeks equals that OF venexusla for
stwelve months. II we bulk the inds-
pendent countries OF the Caribbean and
OF Central America-Cuba. Hayti, Santo
Domingo. Panama. Guatemala. Hon
.duras. Costa Rica. Nicaragua and Sal
vador. and add 10 them Diaz's coun-
Try and Castro's. we set q population
.of $4,000. 600 and a revenue only equal
ito that OF the Pennsylvania railroad.
That corporation has twice the income
OF the Dominion OF Canada. which has
1,c00. 900 Inhabitants and an area greater
tthan that Of the United States. Except
the United States. the only country In
the western hemisphere which has
railroad In Brazil.
Belgium fills an important place on
Europe's map. but that country's In
come. dollar for dollar. In only about
the same an Mr.. Cassatt's road. Por-
tugafs income In only about half as
great. The Netherlands. with it's Hague
conferences. past and projected. has
In N N n u,a MAJ MAJ Ta-
GENTLY. Sweden-Norway's internal trou-
bics. threatening the secession OF Nor
way and q civil war which might In
volve great nations. have aroused some
concern I'm the world. The Pennsylvania
railroads earnings are greater than the
treasury receipts OF the Netherlands
ana Sweden Norway combined. They
are much greater than the revenue OF
Turkey and It's old enemy Greece. They
are greater than that OF all the Balkan
states--Roumania. servia, Bulgaria and
Montenegro-taken together.
Japan's army and navy have been
nlling the trump Of fame for over a
OF the 5000. 900 japanese. IN the fiscal
year ts0s-o<. was approximately the
same a. that OF the Pennsylvania rail-
road. Only the large nations exceed I'm
revenue that roads earnings. Para
phrasing Bonaparte's tribute TO the
london Times. the Pennsylvania road
b one OF the worlds greatest powers.
About the middle OF Jefferson's SER
sv6ce he called congress- attention TO the
rbig treasury surplus accumulated from
rsthe large revenues. and he urged that
VT be applied 20 the extension OF the
ypublic schools, TO the Improvement OF
srfvers. and 20 the construction OF ca
mails and roads. The Pennsylvania rail-
Sroad's income I'm 1904 equaled that OF
- k. rrv~ls "a Oh
The sixteen years extending from WASH
xnGton's Inauguration as president to
the end OF Jefferson's first term. In
Folks term we annexed Texas. Oregon.
Washington and Idaho. fought the war
rwnGh Mexico. and gained. through con-
sanest and purchase, California. Nevada.
Utah, most OF Arizona. New Mexico.
and parts OF Colorado and Wyoming.
The revenue OF the Pennsylvania road
IN 1904 was as great as that OF the
United States government In Folks
-four years. Last years income OF that
road was double the revenue OF the gov
-crnment when Lincoln entered ONCE In
1851
Ana this Is but one OF the United
sBtaacs railway lines. II the entire
.Anerican railway system be taken into
consideration II would be hard to md
any basis OF comparison with IL. The
dncome OF the 2i5.000 miles OF railway
In the United States In 1904 was $1,000
100000. This In only small fraction
short OF the combined governmental
revenues OF the United States. Great
Britain and France In that year. IL
was equal 20 the revenues OF Germany.
Russia. Austria and Italy.
The income OF the railroads for year
equals the entire capital and surplus
fsinds OF all the national. state and pri-
vate banks. and OF all the loan and
10. AA IfnlN
IL would pay the United states govern
ment's bonded debt twice over. and
leave enough TO run spain's govern
anent for year. -.S-S
England had railways earlier than
the United States. but the mileage OF
main track In this country '"day is ten
times greater than the United King
dom's. II In as great as that OF all Eu-
rope. Africa and Australia. IL IL two
cfths OF that OF the entire world. The
American railways employ more men
1,EO0, 000--than were In the union armies
nj the time Of Lees surrender. Their
main track-.15. 900 miles on July !. 1905
would 60 around the globe at the
equator more than eight and a half
times II would reach 80 near the
moon that a person at the outer end
Uf the line might. with wireless tel
egraphy. be able To open communion
tion with the Lunarinns, II there are
any.
Mileage Of Railways in 1905.
United States. 2i5.000.
Europe. 10000.
World. $4,000.
The assets OF the American reiiwaya,
$4,000. 000. 900. exceed the capital and
property OF any other OF the great ac-
tivities OF the country except agricul-
ture. They are n seventh OF the wealth
OF the country In 1906. They equal the
entire country's wealth ut Lincoin's In
au-uration.
Assets In 1905.
Railways. $4,000. ooo.Ooc.
Manufactures. Sill .0OO. 900 Goo.
Agriculture, $4,000. 900. 900.
And yet the birth and evolution OF
tie American railway system haa come
within the lifetime OF many men who.
IN their various occupations. are still
actively ut work. Alabama's Senator
Morgan was 4 years old. and her SEN
ator Pettus YVES years Old when. In
ISIS. the first rail was laid for the Bal
timore and Ohio. the first American
railway intended To carry passengers
and freight. Pettus was 80 when the
Atlantic seaboard. In 1851. got It's nrst
Through rail connection with western
waters. by the Erie road from New