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The Atlantic Monthly, Volume 05, No. 32, June, 1860   By:

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The Atlantic Monthly, Volume 05, No. 32, June, 1860 offers a fascinating glimpse into the cultural and intellectual landscape of the mid-19th century. The essays, stories, and poems included in this issue cover a wide range of topics, from politics and science to literature and art.

One of the standout pieces in this volume is a thought-provoking essay on the role of women in society, which challenges traditional gender norms and calls for greater equality between the sexes. The author's arguments are both compelling and forward-thinking, making this essay a highlight of the issue.

In addition to the thought-provoking essays, this volume also includes several engaging works of fiction. One standout story follows a young woman's journey of self-discovery as she navigates the complexities of love and friendship. The author's vivid descriptions and well-developed characters bring the story to life, making it a captivating read from start to finish.

Overall, The Atlantic Monthly, Volume 05, No. 32, June, 1860 is a must-read for anyone interested in 19th-century literature and culture. The diverse range of topics covered in this issue, combined with the high quality of writing, make it a valuable addition to any collection of historical literature.

First Page:

ATLANTIC MONTHLY.

A MAGAZINE OF LITERATURE, ART, AND POLITICS.

VOL. V. JUNE, 1860. NO. XXXII.

THE FUTURE OF AMERICAN RAILWAYS.

The condition of our railways, and their financial prospects, should interest all of us. It has become a common remark, that railways have benefited everybody but their projectors. There is a strong doubt in the minds of many intelligent persons, whether any railways have actually paid a return on the capital invested in them. It is believed that one of two results inevitably takes place: in the one case, there is not business enough to earn a dividend; in the other, although the apparent net earnings are large enough to pay from six to eight per cent. on the cost, yet in a few years it is discovered that the machine has been wearing itself out so fast that the cost of renewal has absorbed more than the earnings, and the deficiency has been made up by creating new capital or running in debt, to supply the place of what has been worn out and destroyed. The Illinois Central has been pointed out as an example of the first kind; the New York Central, of the second; while the New York and Erie is a melancholy instance of a railway which, never having enough legitimate business of its own, has worn itself out in carrying at unremunerative rates whatever it could steal from its neighbors... Continue reading book >>


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