Having considered the relative progress in population of Massachusetts and Maryland, I will now examine their advance in wealth.
By tables 33 and 36, census of 1860, the value of the products of Massachusetts that year was $283,000,000; and of Maryland, $65,583,000. Table 33 included domestic manufactures, mines, and fisheries (p. 59); and table 36, agricultural products. Dividing these several aggregates by the total population of each State, the value of that year's product of Massachusetts was $229.88 _per capita_, and of Maryland, $95.45, making the average annual value of the labor of each person in the former greatly more than double that of the latter, and the gross product more than quadruple. This is an amazing result, but it is far below the reality. The earnings of commerce and navigation are omitted in the census, which includes only the products of agriculture, manufactures, the mines, and fisheries. This was a most unfortunate omission, attributable to the secession leaders, who wished to confine the census to a mere enumeration of population, and thus obliterate all the other great decennial monuments which mark the nation's progress in the pathway of empire.
Some of these tables are given as follows:
_First, as to Railroads._--The number of miles in Massachusetts in 1860 (including city roads) was 1,340, and the cost of construction $61,857,203 (table 38, pp. 230, 231). The value of the freight of these roads in 1860 was $500,524,201 (p. 105). The number of miles of railroad in Maryland at the same time was 380, the cost of construction $21,387,157, and the value of the freight (at the same average rate) $141,111,348, and the difference in favor of Massachusetts $359,412,883. The difference must have been much greater, because a much larger portion of the freight in Massachusetts consisted of domestic manufactures, worth $250 per ton, which is $100 a ton above the average value.
The passengers' account, not given, would vastly swell the difference in favor of Massachusetts.
The tonnage of vessels built in Massachusetts in 1860 was 34,460 tons, and in Maryland, 7,798 tons (p. 107).
The number of banks in Massachusetts in 1860 was 174; capital, $64,519,200; loans, $107,417,323. In Maryland, the number was 31; capital, $12,568,962; loans, $20,898,762 (table 34, p. 193).