Triumphs and Wonders of the 19th Century: The True Mirror of a Phenomenal Era: A volume of original, entertaining and instructive historic and descriptive writings, showing the many and marvellous achievements which distinguish an hundred years of material, intellectual, social and moral progressBoyd, James P. (James Penny)
History
Triumphs and Wonders of the 19th Century: The True Mirror of a Phenomenal Era: A volume of original, entertaining and instructive historic and descriptive writings, showing the many and marvellous achievements which distinguish an hundred years of material, intellectual, social and moral progress
Boyd, James P. (James Penny)
Inventions; Progress
A neighbor relates that when he was a boy, needing some money, his
father made him the offer that he might have all the corn that he would
shell, take to mill, and market the meal in Cincinnati, forty miles
distant. He went to work with a will, prepared a two-horse load, and
reached Cincinnati with it safely, only to find the market glutted so
that he could not get an offer on it. A part of it was finally sold at
10 cents per bushel, and the remainder was taken home.
During the closing years of the fifth decade the prices of stock
were at the lowest, good dairy cows bringing from $7 to $9 per
head; yearling calves from $1 to $2; the very best horses, $40, and
stock hogs selling for $1 or $2 each. At the same time many of the
necessities of life were sold at exorbitant prices, and an examination
of an old account book shows the following figures: Salt, $4 per
barrel; nails, 6 to 8 cents per pound; calico, 12½ cents per yard;
drilling, 25 cents per yard; clocks, $40 each (the value of the best
horses!).
Some other facts must be taken into consideration to understand why
the farmers did not attempt improved methods. One was the condition
of the currency. The United States Bank, which it would seem should
have afforded security and stability to the currency, had been wrecked
by the action of Andrew Jackson in vetoing its rechartering and
withdrawing the United States funds (at that date about $43,000,000)
from it; and private banks had been established over the entire
west and south, a system of what was then known as “wild cat” banks
supplying the people with currency. The man who was trading needed to
carry in his pocket at all times a “bank detector,” to which he might
refer to ascertain how many cents on the dollar the issue of each bank
was worth.
Looking back at the condition of affairs as described, remembering how
few the markets, how easily glutted, how unstable the currency, and all
the uncertainties connected with the disposal of the farmer’s products,
what was there to stimulate him to improve his methods or increase his
products? If, as was occasionally the case, the farmer determined to
improve his stock, he must import from England or buy at high prices
from an importer, and there being no express companies to deliver his
stock, he must either go in person or trust to private individuals to
drive them over the mountains or, if small stock, to bring them in
wagons the entire distance.
He could not afford to carry on a wide correspondence, for each
individual letter cost twenty-five cents postage, if the distance
was over three hundred miles. It was not until 1845 that postage was
reduced to ten cents, and ten years later it was reduced to three cents
for letters of half an ounce.
Public-domain text, read in full here on John Shaqi.
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