Confidence, Or National Suicide?
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Then there is the great mineral belt south of Joplin! Note the value of town lots, where towns did not previously exist!
There is a strip of land, thirty miles wide, on each side of the railroad, where the average in- crease in values has been fourfold. The coal and oil and the townsites add to this increase, which I have no doubt will reach forty dollars per acre.
There are in this strip forty-eight thousand OR NATIONAL SUICIDE? 39 square miles or thirty million seven hundred and twenty thousa...nd acres. If it has increased in value say but twenty dollars per acre, the gain is six hundred and fourteen million four hundred thousand dollars; all this brought to the public by a railroad built hy optimists. The railroad created these new values while the owners slept!
Now suppose the railroad builders, in time, make, through their judgment, fifty million or seventy-five milHon dollars above the cost of the road; do not capitalists who have had the nerve to bring such increased prosperity to this terri- tory, deserve credit, reward and profit?
What to read after Confidence, Or National Suicide??
You can find similar books in the "Read Also" column, or choose other free books by Stilwell, Arthur Edward, 1861-1928 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Then there is the great mineral belt south of Joplin! Note the value of town lots, where towns did not previously exist!
There is a strip of land, thirty miles wide, on each side of the railroad, where the average in- crease in values has been fourfold. The coal and oil and the townsites add to this increase, which I have no doubt will reach forty dollars per acre.
There are in this strip forty-eight thousand OR NATIONAL SUICIDE? 39 square miles or thirty million seven hundred and twenty thousa...nd acres. If it has increased in value say but twenty dollars per acre, the gain is six hundred and fourteen million four hundred thousand dollars; all this brought to the public by a railroad built hy optimists. The railroad created these new values while the owners slept!
Now suppose the railroad builders, in time, make, through their judgment, fifty million or seventy-five milHon dollars above the cost of the road; do not capitalists who have had the nerve to bring such increased prosperity to this terri- tory, deserve credit, reward and profit?
What to read after Confidence, Or National Suicide??
You can find similar books in the "Read Also" column, or choose other free books by Stilwell, Arthur Edward, 1861-1928 to read onlineMoreLess
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