call it half the smallest of these sums, or §50,000,000, as the complete pecuniary cost of the Mexican war, direct
and indirect.
What have we got to show for all this money? We have a large tract of territory, containing, in all, both east and west of the Rio Grande, I am told, between 700,000 and 800,000 square miles. Accounts differ as to its value. But it appears, from the recent correspondence of Mr. Slidell, that in 1845 the President offered Mexico, in money, $25,000,000 for that territory which we now acquire under this new treaty. Suppose it is worth more, suppose it is worth twice as much, or all the indirect cost of the war ($50,000,000), then the $200,000,000 are thrown away.
Now, for this last sum, we could have built a sufficient railroad across the Isthmus of Panama, and another across the continent, from the Mississippi to the Pacific. If such a road with its suitable equipment cost $100,000 a mile, and the distance should amount to 2000 miles, then the $200,000,000 would just pay the bills. That would have been the greatest national work of productive industry in the world. In comparison with it, the Lake Moeris and the Pyramids of Egypt, and the Wall of China, seem but the works of a child. It might be a work to be proud of till the world ends ; one, too, which would advance the industry, the welfare, and general civilization of mankind to a great degree, diminishing, by half, the distance round the globe ; saving millions of property and many lives each year ; besides furnishing, it is thought, a handsome income from the original outlay. But, perhaps, that would not be the best use which might be made of the money ; perhaps it would not have been wise to undertake that work. I do not pretend to judge of such matters, only to show what might be done with that sum of money, if we were disposed to construct works of such a character. At any rate, two Pacific rail- roads would be better than one Mexican war. We are seldom aware of the cost of war. If a single regiment of dragoons cost only $700,000 a year, which is a good deal less than the actual cost, that is considerably more than the cost of twelve colleges like Harvard University, with its schools for theology, law, and medicine; its scientific school, observatory, and all. We are, taken as a whole, a