FREE BOOKS

Author's List




PREV.   NEXT  
|<   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48  
49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   >>   >|  
with one hundred thousand down to ten thousand. He lived to see the population increased from seven thousand to seventeen thousand; and, to say the least, fully as well clad, as well fed, as their fathers ever were, and living in better houses than their fathers ever lived in. He lived to see our banking capital, whether invested in public banks, in savings institutions, and in the hands of private bankers, swell above the fragmentary portion which the old Bank of the United States could afford to allot to us, to somewhat over two millions of dollars, almost wholly owned by our own people; and to read our monthly bills of mortality, which attest, beyond the reach of cavil, a condition of general health without a parallel in the annals of cities laved by the tides. He lived to see the farmers, who supplied the population of 1802 with vegetables and fish enough to serve, but none to spare, ship off nearly half a million's worth to the north every season; and to see land in the neighborhood, which in 1802 was worth hardly anything more than what the doctor reaped from its crop of agues, become salubrious, and sell for fifty dollars an acre. He lived to see our city connected with the West, the South, and the North, by steamships whose tonnage would in those days have been pronounced fabulous, by railways, and by the magnetic telegraph. He lived to see a larger tonnage arriving and departing annually from our port than ever was seen in our most prosperous days. The old figure of trade has, indeed, passed away; and some wharf owners, some warehouse men, and some others do not reap the profits of old times, though, by the way, we now have more and better wharves, more and better warehouses, than they had at that day; and the cause and the necessity of the change are obvious. The trade of our fathers in 1802 was an unnatural trade. It was a fungus that sprung from the diseased condition of foreign powers. It was not the result of developed productive wealth, but the accident of the war between the two greatest commercial nations of the globe, which gave us the carrying trade. It was born of other people's troubles, and destined to die when those troubles were appeased. It may be safely affirmed, that the business of Norfolk, the natural result of enterprise, progress, and development, and not the offspring of foreign action, at Mr. Tazewell's death, exceeded, in a large degree, the business of Norfolk in 1802, puffed up, as it
PREV.   NEXT  
|<   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48  
49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   >>   >|  



Top keywords:

thousand

 

fathers

 

dollars

 

tonnage

 

condition

 

troubles

 

foreign

 

people

 

result

 

Norfolk


population
 

business

 

action

 
warehouse
 

owners

 

passed

 

Tazewell

 

puffed

 
offspring
 

profits


arriving

 

departing

 
annually
 

larger

 

degree

 
railways
 

magnetic

 

telegraph

 

exceeded

 

prosperous


pronounced
 

figure

 
fabulous
 
accident
 

appeased

 

wealth

 

safely

 

developed

 

productive

 

greatest


carrying
 

commercial

 

nations

 

affirmed

 
powers
 

necessity

 

warehouses

 

development

 

destined

 
wharves