140 A PEEP AT 



New Jersey, 20G miles, costing $0,800,000 ; New 

 York, 1,009 miles, costing $35,G37,000, of which the 

 State has finished, by loans and gift, over $4,000,000 ; 

 Massachusetts, 054 miles, costing $40,700,000, of 

 which nearly $0,000,000 have been furnished by the 

 State, $1,000,000 in stock subscription, and $5,000,- 

 000 by a loan of the State bonds ; New Hampshire, 

 212 miles, costing $7,700,000 ; Ohio, 429 miles, 

 built and building, at a cost of $8,400,000 ; Michi- 

 gan, 355 miles, at a cost of $8,100,000, about $6,- 

 000,000 of which were furnished by the State ; — 

 making together in eleven States, 0,042 miles of rail- 

 road, upon which there are daily at work 750 locomo- 

 tive engines and about 24,000 men, doing an amount 

 of work which, if it were possible to be done in twice 

 the time by horses and men, would require 1,400,000 

 horses, and 350,000 men. The labor performed by 

 these 750 engines and 24,000 men, in one year costs 

 the United States $30,000,000, all of it being done 

 in time totally impracticable by any other mode. But 

 suppose the year's work was done in the old way by 

 horses and men in five years, requiring 100,000 horses 

 and 25,000 men constantly at work, then the cost 

 would be $95,000,000, or $58,400,000 more than 

 the existing railroads in four-fifths less time. This 



