. Cost, capitalization and estimated value of American railways; . half ofthe United States was without railways except for 23 miles inthe environs of San Francisco. To it should be added Minne-sota and the portions of the other states named east of the 97thmeridian, except Texas, which at that time had some 300 miles,all in the eastern section of the state. Today, including Texasand excluding Minnesota, there are over 61,000 miles of railwayin this territory, or double the mileage in the whole United Statesin i860; and there is need of as much more if it is to secureanything like the benefits
. Cost, capitalization and estimated value of American railways; . half ofthe United States was without railways except for 23 miles inthe environs of San Francisco. To it should be added Minne-sota and the portions of the other states named east of the 97thmeridian, except Texas, which at that time had some 300 miles,all in the eastern section of the state. Today, including Texasand excluding Minnesota, there are over 61,000 miles of railwayin this territory, or double the mileage in the whole United Statesin i860; and there is need of as much more if it is to secureanything like the benefits of transportation now enjoyed by thathalf of the republic east of the 97th meridian. By 1870, when we reach the period of more trustworthy data,the railway mileage of the United States was 52,898 miles, con- 1 striicted at an approximated cost of $44,000 per mile. This ad-vance in cost is partly represented in the millions spent in re-habilitatinof the railways of the Southern States, which had beeneither destroyed or allowed to go to seed during the civil war,. Bkidge, Locomotive, Train and Woodcut Landscape. 1869. when the mileage in some of these states was at a went into the war with 1,379 ^^^^ came out of it with1,401 miles; Georgia had 1,420 miles at the beginning and closeof the war; Florida, 402 and 416, respectively; Mississippi, 862and 898; Louisiana, 335 at the opening and close; Kentucky,549 and 567, respectively; Tennessee, 1,253 ^^^ 1^296, andArkansas did not show a mile of new construction from theopening of the war until 1868. From 1861 to 1865 only 349miles of railway were constructed in the twelve states in theSouthern group, and much of this being for military purposesvras of the most flimsy character, to be subsequently abandonedor w^holly rebuilt to meet the transportation demands of , it was during this period that the Union and Cen-tral Pacific Railroads were undertaken and completed at a totalcost of over $254,000,000 o
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