the same place, tends to the general increase of the productive
powers of the world." Now it surely will not be denied, that the
undertaking of this National Railway would cause in England a greater
quantity of machinery to be made and exported to the North American
provinces, thus producing for it a larger market than the home, and
causing a greater quantity to be made--thus a general increase of the
productive powers of the world must be produced; and as "wealth may be
defined as all useful or agreeable things which possess exchangeable
value," it necessarily follows that the immense increase that would
be given to the productive powers of England, to those of her North
American provinces, and of the Hudson's Bay territory, by an undertaking
on such an extensive scale, if it did not completely, would nearly
double these powers; and as whoever brings additional commodities to
market brings additional power to purchase, it follows that the
inhabitants of our North American provinces, and of the Hudson's Bay
territory, would be enabled to take nearly twice the quantity of our
manufactured goods.
Lord Stanley, in moving an amendment to the Address from the Throne,
says: "the exports of the six principal articles of British industry,
cotton, wool, linen, silk, hardware and earthenware, exhibit a
diminution as compared with 1847, of no less than four millions, and as
compared with 1846, of five millions;" such being the case, it becomes
highly important to consider the cause of this falling off, with a view
to a remedy, and some great measures must be adopted towards our own
colonies that will enable them to receive a greater quantity of
manufactured goods from the mother country,--and this great Railway is
suggested as one that would increase the productive power and population
of our North American colonies, and a consequent increasing necessity
for hardware and earthenware, to say nothing even of the other articles
of British industry, or of the facility of communicating with our other
Colonies.
These few remarks will suffice to show that the balance sheets of the
merchants, and consequently of the revenue of England, as well as the
capital of individuals, must increase immensely during the construction
of and at the completion of the proposed undertaking. Mr. Montgomery
Martin has stated that "Railways are the very grandest organization of
labour and capital that the world has ever seen:" that "the capital
actually
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