THE FARMER S WAR AGAINST MONOPOLIES. 



31 



Tear. Miles open. Yearly Increase. 



1858 25,090 2465 



1859 26,755 1665 



28,771 2016 



30,593 1822 



1862 31,769 1176 



1863 32,471 702 



1864 33,860 1389 



1865 34,442 '. 582 



1866 35,351 909 



1860 

 1861 



1867 , 



1868.... 



36,896 1545 



38,822 1926 



1869 42,272 3450 



1870 48,860 6588 



1871 54,435 5575 



1872 62,647 8212 



In Poor's " Railroad Manual of the United States " 

 for 187374, the following estimate is given of the cost 

 and capital invested in the railways of the United 

 States : 



A still more definite idea of the immense system 

 which has grown from the modest beginning at Quincy 

 in 1826, will be gained from the following extract from 

 the same Manual : 



" The total cost of the railroads, the operations of 

 which are given for the past year, is $3,159,423,057, 

 made up of $1,647,844,113 of capital stock, and $1,511,- 

 578,944 of various forms of indebtedness, chiefly of 

 bonds maturing at distant periods. The capital stock 

 amounted to 52-15 per cent., and the debt to 47*85 per 

 cent, of the total cost. The cost of these roads per 



