Transportation in the Ante-bellum South: An Economic Analysis

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Page 134 - Charleston . . . has for several years past retrograded with a rapidity unprecedented. Her landed estate has, within eight years, depreciated in value one-half. Industry and business talent, driven by necessity, have sought employment elsewhere. Many of her houses are tenantless, and the grass grows uninterrupted in some of her chief business streets
Page 149 - and to Hamburg, 136 miles as the road actually measured, at the beginning of the following October. The road when completed was the longest railway in the world; and its operation was considered marvelous at the time. Through the use of a truck devised by
Page 307 - authorizing the sale of state bonds in amounts not more than $500,000 in any one year. By an act of 1838 an appropriation of $1,500,000 in state bonds to run for thirty years at 6 per cent supplemented and superseded the earlier provision. 1
Page 159 - on heavy articles and ten cents per cubic foot on articles by measurement, for every one hundred miles, and five cents per mile for every passenger. The
Page 186 - but the railroad was to be liable for the debts of the bank, in case of its failure. The bank was empowered to issue notes to twice the amount of its capital, and might contract debts to
Page 315 - gauge. It crossed three river valleys and the dividing watersheds. Its track was a patchwork of strap rails and flange rails laid on wooden stringers, and " bridge rails," of the shape of an inverted U, spiked directly to the cross-ties.
Page 180 - know aught why these two should not be joined together, let him speak now, or forever after hold his peace.
Page 150 - of the road. With these the company handled all the passenger traffic that offered, but confined their handling of freight to cotton downward and light merchandise upward. Live stock, lumber, and other articles
Page 56 - The low price to which tobacco is fallen in Europe within these few years, has made them give up the culture of it in this part of the

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