Salt Lake Telegram | 1906-08-04 | Page 8 | Value of American Railroads

tALUE OF AMERICAN RAILROADS. Tbe 220,000 miles of main track of the railways of the United States represent ' property to the extent of $16,000,000,000; or as much as the total value of all the 'property in the country in 1860, the year of Lincoln"s election. Their Income of over J2.000.000.000 a year is very nearly four times the annual revenue of the "United States Government. The number j of men on their rolls is 1,500.000, an army as great as the combined forces that Oyama and Linevitch had In Manchuria Man-churia at the time of the peace of Portsmouth. Ports-mouth. Tbe railroads are a vast inter- esL Anything which would hamper them In their legitimate activities would deal a hard blow to every Important Industry In the country. Leslie's Weekly.