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The Commercial and Financial Chronicle, and Hunt's Merchants' Magazine, Vol. 32: A Weekly Newspaper, Representing the Industrial and Commercial ... to June, 1881, Inclusive (Classic Reprint)
The Commercial and Financial Chronicle, and Hunt's Merchants' Magazine, Vol. 32: A Weekly Newspaper, Representing the Industrial and Commercial ... to June, 1881, Inclusive (Classic Reprint)
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Description
The conspicuous points to be noticed in regard to the N orth ern Pacific are these: First - The immense property already possessed by the company, amounting to some 850 miles of railroad and acres of land, which have but a trivial encumbrance. Second - The extent' of the property when finished with the proceeds of the present loan, embracing then about miles of railroad owned, and a land grant, as esti mated, amounting to about acres. Third - The fact that this railroad, unlike the other Pacific roads, is built directly by its own managers without the intervention of any Con struction Company to make large profits, out of the money expended. Fourth - The road will be of immense advantage to the country in opening up the land for settlement along its line without the cost of any subsidy in. United States bonds. The increased value of the alternate sections of land retained by the Government will far more than pay for the lands granted to the company.
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Product details
- Languages:
- Published: English , Original: English
- Number of Pages:
- 916
- Publisher:
- Forgotten Books
- Publication Date:
- 2017-11-14
- Weight:
- 1300 g
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