The Commercial Destiny of the Mississippi Valley; a Lecture

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Louis to the Gulf of Mexico, I have consulted with an engineer in whose judgment I have con- lidence ; he estimates the expense at from $50,000,000 to $60,000,- 000, if the money can be honestly expended, but $100,000,000 if the steal is big. Some of you may regard this amount very large, but it is small in comparison with the magnitude and importance of the work. No other improvement, ancient or modern, relating to the special interest of commerce, has ever commanded the atten- tion of man equ...al in importance to that of the Mississippi, so as to control its waters, and aiford ample and free navigation from St. Paul to the Gulf of Mexico, a distance of 1,957 miles. Be it ever so much, what matters the cost if it falls infinitely below the profits to accrue, and if the work is cheaper than any other public improvement in the world ? There is at least $250,000,000 invested in railroads in the Mississippi Valley, and the amount will be swelled to $5,000,000,000, and yet a thousand railroads are not equal to the Mississippi river.

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