Press enter after choosing selection

The Benefits Of Railroads

The Benefits Of Railroads image
Parent Issue
Day
1
Month
July
Year
1870
Copyright
Public Domain
OCR Text

Nothing is more certain than that any railroad which increases the case and cheapness of excbangiog the productions of different par'.s of the couutry with each other, aud opeus better markets is a grcat benefit to all along its route, - and thia is aa true of subsequent railroads as of tlie flrst. Every additional faeility affbrded to travel and trade greatly helps all witbin ita iufluenee. - Ilailroads and canals, in the fint instance, dircclly help farmera and all producers vvho roceive or send away articles. by theiu ; for, producers must deduet the expenses of getting their produce marketed, (Dcluding their commissious and profa'ts,) from tbe market price, or somo purchaser must lose. - Whatever tends to decreaso this expense of transportiug frona or to any place, vheat, wool, merchandise, lumber, or any other artiele, increases the business, and causes competition at such place among purchasers or dealera in the nrtile, audthereby tends to docreafe the margin or percentago of iho dcaler'd rofits to a reasonable amouut; and the armer or producer is a doublé gainer, oth in Lis sales and purebases, vrhile be noDproducers pay to the farmer the ncreased priceon tho produce tbey buy, nd only sharc in tho great indirect adantages acciuing aliko to all from the enera! benefit. These indirect benefits lavo beoome so eertain and well under.ood, that as soon as a railroad is ïought probablo persous are ausious to puixhase land that may be benefitted by t. IÍ the penplo alorg tlio lino of the Toledo, A. A., and N. 11. I?, can be inado to belicvo in tliese benefits Buf. ficicBtly to aot upon such belief, tbey will find, as all other places which have tried liavo found, that the greater the facilitics tbey furnish for the largo amountof business tbat will Beek such a route, the greater will be the advance in theirindividual interests and wealth, ns well as injthe growtb, wealth ond importance of the whole country along its route, and of a!l the country that will eventually be connectcd with it. The gain to every individual in the advance of bis property, and advnnUge to his business, will many times exeeed tho amouat of stock be is oalled upon to subscribe, so that tbe patriotisro he ex. hibits by contributing towarJs such a public benefit will be an act of true eeonomy, without regard to the value oi tbe stock, which will probably bo good and cortaialy worth something. If they cannot be induced to subscribe ibe 6250,000, they not onjy faiï t0 reoeive the good they might have had but they will lose largely. Tho -'talenti" have been placed in their hands. The effect will be as of old, "to every onethat hath shall be given, and he shall have abundance, but from him that hath not, shall be taken away even that which he hath." The inhabitants on thu rout will soon bo able to judge from experience whether it is wiser and better, by subscribing, to gain many times the amount they ought to subscribe, or Ly refuaing to take tho stock to lose many times as much by - whatever they choos'e to cali it. ♦

Article

Subjects
Old News
Michigan Argus