The West, from the census of 1880 : a history of the industrial, commercial, social, and political development of the states and territories of the West from 1800 to 1880 . ebt has increased forty-threeper cent.; but this is by no means alarming, since the cost ofnew railways, built since 1870, is $920,000,000 over the total ofnew debts. Moreover, the tangible increment of wealth since1870, would suffice to pay off eighty-eight per cent, of allexisting national debts. In like manner, although taxation hasgrown twenty-two and a half per cent., wliich is more than thegeometrical progression of e
The West, from the census of 1880 : a history of the industrial, commercial, social, and political development of the states and territories of the West from 1800 to 1880 . ebt has increased forty-threeper cent.; but this is by no means alarming, since the cost ofnew railways, built since 1870, is $920,000,000 over the total ofnew debts. Moreover, the tangible increment of wealth since1870, would suffice to pay off eighty-eight per cent, of allexisting national debts. In like manner, although taxation hasgrown twenty-two and a half per cent., wliich is more than thegeometrical progression of earnings, the net balance per head ofpopulation is higher. I am inclined to agree with Mulhall whenhe says that the secret of prosperity is to be the developmentof the carrying trade by land and sea, and the cheapening ofthe products of industry by placing the producer and consumerin closer relations than before. As will be seen in the following table and also in Diagram V.,page 18, the industries of the United States are greater thanthose of any other country in the worUl: * The Balance Sheet of the World. Mulhall: London, EuKland. • Ka N3 N3 •**. o a 01 o Ms d o CO -I m o rq CO > zc >o H c m CO (17) ? ^ ^ ?+: O 00 ;Co ^ Co C/5 a :^ ?-1 ® H s. oi *c i c:5 Jl O H> 1- a ^ - «^ C30 p >? JN3 ^?m O z 5 o S c o Co ^ m ^ -1 •-> O a ^* • t— ?? Q > ::x 0 V 1 Ci 0 O o Co TO >5 1-* to to or 1 c ^c ? 5 2 o Ob o ft> H /M O -?i Z S s > o a: % C5i 5. VI J^ z .2s fe ?0 V c lU a ^ VJ ~~ § j*^ a oo ~cc Co Co o o o fU ^* ^ 5~. Ai S. Oi (18) •l ll THE WEST IN 1880 —THE PRAIRIE STATES. 19 o XE-t O •-<PSE-i^POO ^ COi>i>CO 00o o00 oo00o_^o^ 10 10 10 COCJ OS 00o o00 oo000^0^ T-t O OOCOO-^CO-rHrHi—ItH m= a 33 be o o0000 ^^00 0000 00o o00 oo00o o oo 00o o00 oo00o_^o_^ 10 10 t-00 000000000 ooo000o^o
Size: 1655px × 1510px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookauthorgannetth, bookcentury1800, bookdecade1880, bookyear1882
