Lippincott's Magazine of Popular Literature and Science, Volume 11, No. 24, March, 1873Various
History
Lippincott's Magazine of Popular Literature and Science, Volume 11, No. 24, March, 1873
Various
Literature, Modern -- 19th century -- Periodicals; Science -- Periodicals
North-western trade being diverted southward along the great natural
artery of the continent, where no tolls, no tariffs and no transhipments
are required, the loss will fall most heavily upon New York and the
seaboard marts. The increasing stream of South American commerce, in the
same event, must inevitably take the short, speedy and entirely
inexpensive route to the North-west (through the broad and free highway
of the "Father of Waters"), rather than encounter the delay, danger and
expense of the Gulf-Stream route to New York, and thence by rail or the
Lakes to its destination. The longer the present trade-status continues,
and the mammoth corporations of the railroads force the transportation
of the North-west, the West and the Mississippi Valley to take the river
and Gulf route to the sea, the greater and more fixed becomes the
diversion of this incalculable commerce from the great markets of the
Middle and Eastern States. So far, therefore, from the far West being at
the mercy of the East in this matter, the former has the advantage. The
East, rather than allow the present tendency of the commercial current
to set well in toward the Gulf, and wear a channel for itself, should
strain every nerve to keep it steadily moving toward its own maritime
cities. The great cities of the Atlantic seaboard can better afford to
construct a water-line over the mountains at their own cost than to run
the risk of the Mississippi River becoming the commercial avenue for its
vast valley and drainage, and thus bearing the golden stream away from
their harbors and streets.
The Utopian idea that Norfolk may become the rival of the great seaports
and centres of capital, Baltimore, Philadelphia, New York and Boston, is
without the field of discussion. It is not more possible than that a
magnetized knife-blade should exert a more powerful attraction than the
largest lodestone or the mightiest electro-magnet.
Public-domain text, read in full here on John Shaqi.
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