Steaming up the river several miles to the foot of the first rapids, and landing on the northern shore, climbing up a wet and slippery bank of red clay we are on the line of the railroad, upon which several hundred men are employed.
Grades of fifty feet to the mile are necessary from the lake up to the falls of the St. Louis, but the tonnage of the road will be largely eastward, down the grade, instead of westward.
The road will be about a hundred and forty miles in length, connecting the lake with the network of railroads centring at St. Paul. It is liberally endowed, having in all 1,630,000 acres of land heavily timbered with pine, butternut, white oak, sugar-maple, ash, and other woods.
There is no doubt that this line of road will do an immense amount of business. Such is the estimation in which it is held by the moneyed men of Philadelphia, that Mr. Jay Cooke obtained the entire amount of money necessary to construct it in four days! The bonds, I believe, were not put upon the market in the usual manner, by advertising, but were taken at once by men who wanted them for investment.
A single glance at the map must be sufficient to convince any intelligent observer of the value of such a franchise. The wheat of Minnesota, to reach Chicago now, must be taken by steamers to La Crosse or Prairie du Chien, and thence transported by rail across Wisconsin, but when this road is put in operation, the products of Minnesota, gathered at St. Paul or Minneapolis, will seek this new outlet.
Think of the scene of activity there will be along the line, not only of this road, but of the Northern Pacific, when the two are completed to the lake, of an almost continuous train of cars, of elevators pouring grain from cars to ships and steamers. Think of the fleet that will soon whiten this great inland sea, bearing the products of the immense wheat-field eastward to the Atlantic cities, and bringing back the industries of the Eastern States!
It is only when I sit down to think of the future, to measure it by the advancement already made, that I can comprehend anything of the coming greatness of the Northwest,—20,000,000 bushels of wheat this year; 500,000 inhabitants in the State, yet scarcely a hundredth part of the area under cultivation. What will be the product ten years hence, when the population will reach 1,500,000? What will it be twenty years hence? How shall we obtain any conception of the business to be done on these railways when Dakota, Montana, Washington, and Oregon, and all the vast region of the Assinniboine and the Saskatchawan, pour their products to the nearest water-carriage eastward? We are already beyond our depth, and are utterly unable to comprehend the probable development.
The men who are building this railroad from St. Paul to Duluth have not failed to recognize this one fact, that by water Duluth is as near as Chicago to the Atlantic cities. Wheat and flour can be transported as cheaply from Duluth to Buffalo or Ogdensburg as from the southern end of Lake Michigan, while the distance from St. Paul to Lake Superior is only one hundred and forty miles against four hundred and eighty to Chicago. We may conclude that the wheat of Minnesota can be carried fifteen or twenty cents a bushel cheaper by Duluth than by Lake Michigan,—a saving to the Eastern consumer of almost a dollar on each barrel of flour. Twenty cents on a bushel saved will add at least four dollars to the yearly product of an acre of land.
The difference in freight on articles manufactured in the East and shipped to Minnesota will be still more marked, for grain in bulk is taken at low rates, while manufactured goods pay first-class. The completion of this railway will be a great blessing to the people of New England and of all the East, as well as to those of the Northwest. Anything that abridges distance and cheapens carriage is so much absolute gain. I do not think that there is any public enterprise in the country that promises to produce more important results than the opening of this railway.