Florida’s Obligation to Mr. Disston.
To say that no other State owes as much to any one man as Florida owes to Hamilton Disston, of Philadelphia, is a comprehensive statement, but it is probably true. About fifteen years ago some Northern capitalists were induced to consider the idea of building railroads in Florida. It was found on investigation that the State could not grant any of its lands to railroad companies, since all the lands of the State were covered by a general mortgage which had been made to secure the State bonds. Without this inducement nobody was willing to put a dollar into railroad building in Florida, for the reason that the early returns from traffic could not be expected to be such as would justify it. In this emergency Mr. Disston came to the rescue of the State. He bought 4,000,000 acres of Florida land, paying for it enough to discharge the entire State debt, thereby releasing the lands owned by the State, and placing it in a position to make grants to railroads. Immediately following this, contracts were made with New York capitalists, and Florida entered upon an era of railroad building and general development.
Of course it is beyond question that the enormous resources and capabilities of Florida would in time have brought railroads, with the development that accompanies them, but it is also true that but for this timely intervention and help from Mr. Disston, the beginning of this period of growth and prosperity would have been delayed, possibly many years.
Following this timely succor, Mr. Disston has now put the State under further obligation to him for one of the most stupendous and one of the most successful works of general improvement ever undertaken in this country. As was briefly told in the February number of the Southern States, he has reclaimed for the State many millions of acres of land that but for his enterprise would have been permanently a waste. True, he has himself reaped large rewards, as it is proper that he should have done, but this does not lessen the benefits the State receives, and moreover, the risk has been all his own, since the only return the State was to make to him for the millions of dollars spent in his drainage works was a share of the lands reclaimed from overflow.
The value of the services that Mr. Disston has rendered Florida are beyond estimate.