Excerpt: ...of the land for one mile only on each side of the railway so constructed would be so great, that it would pay the cost of the whole construction.' He added, that there were few districts' in Ireland, in which railway communication could be introduced, where the value of the country through which the railway passed would not be raised to an extent equal to the whole cost of the railway. Arguing on an area of six hundred and forty acres for every square mile, after deducting the land occupied by fences, roads, and ...
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Excerpt: ...of the land for one mile only on each side of the railway so constructed would be so great, that it would pay the cost of the whole construction.' He added, that there were few districts' in Ireland, in which railway communication could be introduced, where the value of the country through which the railway passed would not be raised to an extent equal to the whole cost of the railway. Arguing on an area of six hundred and forty acres for every square mile, after deducting the land occupied by fences, roads, and buildings, Mr. Smith, of Deanston, entered into a calculation of the gain deliverable from the mere carriage of the produce of the land, and the back carriage of manure, coals, tiles, bricks, and other materials, and estimated the saving through those means on every square mile to more than 300, or something above 600 on 1,280 acres abutting each mile of railway, this being the difference of the cost of carriage under the old mode of conveyance as compared with the new. Following up this calculation, he showed that fifteen hundred miles of railway would improve the land through which it passed to the extent of nearly two million acres at the rate of a mile on each side; and, taken at twenty-five years' purchase, would equal twenty-four millions sterling in the permanent improvement of the land. The ground, therefore, was sound on which Lord George cautiously, and after due reflection, ventured to place his foot. And now, after the reports of these two royal commissions, what was the state of railway enterprise in Ireland in the autumn of '46, when a vast multitude could only subsist by being employed by the government, and when the government had avowedly no reproductive or even useful work whereon to place them; but allotted them to operations which were described by Colonel Douglas, the inspector of the government himself, 'as works which would answer no other purpose than that of obstructing the public conveyances?' In '46, acts of...
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