FREE BOOKS

Author's List




PREV.   NEXT  
|<   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177  
178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   >>  
. England (proper), 50,922 square miles; France, 203,736; Prussia, 107,921; and Germany, 80,620 square miles. Our public domain, then, is more than eight times as large as France, more than fifteen times as large as Prussia, more than twenty times as large as Germany, more than thirty-two times as large as England, and larger (excluding Russia) than all Europe, containing more than 200,000,000 of people. As England proper contained, in 1861, 18,949,916 inhabitants, if our public domain were as densely settled, its population would exceed 606,000,000, and it would be 260,497,561, if numbering as many to the square mile as Massachusetts. These lands embrace every variety of soil, products, and climate, from that of St. Petersburg to the tropics. After commenting on the provisions of our homestead bill, which gives to every settler, American or European, 160 acres of this land for ten dollars (the cost of survey, etc.), I then said: 'The homestead privilege will largely increase immigration. Now, besides the money brought here by immigrants, the Census proves that the average annual value of the labor of Massachusetts _per capita_ was, in 1860, $220 for each man, woman, and child, independent of the gains of commerce--very large, but not given. Assuming that of the immigrants at an average annual value of only $100 each, or less than thirty-three cents a day, it would make, in ten years, at the rate of 100,000 each year, the following aggregate: 1st year 100,000 = $10,000,000 2d " 200,000 = 20,000,000 3d " 300,000 = 30,000,000 4th " 400,000 = 40,000,000 5th " 500,000 = 50,000,000 6th " 600,000 = 60,000,000 7th " 700,000 = 70,000,000 8th " 800,000 = 80,000,000 9th " 900,000 = 90,000,000 10th " 1,000,000 = 100,000,000 ------------ Total, $550,000,000 'In this table the labor of all immigrants each year is properly added to those arriving the succeeding year, so as to make the aggregate the last year 1,000,000. This would make the value of the labor of this million of immigrants in ten years, $550,000,000, independent of the annual accumulation of capital, and the labor of the children of the immigrants (born here) after the first ten years, which, with their descendants, would go on constantly increasing.
PREV.   NEXT  
|<   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177  
178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   >>  



Top keywords:

immigrants

 

square

 

annual

 

England

 

Massachusetts

 

proper

 

public

 
domain
 

Germany

 

average


France
 

Prussia

 

homestead

 

independent

 
aggregate
 
thirty
 

commerce

 

Assuming

 

million

 

accumulation


succeeding

 

properly

 

arriving

 

capital

 
children
 

descendants

 

constantly

 
increasing
 

capita

 

densely


settled

 

population

 

inhabitants

 

exceed

 

numbering

 

contained

 

fifteen

 

twenty

 
people
 

Europe


Russia

 

larger

 

excluding

 

embrace

 

privilege

 

survey

 

largely

 

increase

 
Census
 

proves