The Portland gazette. [volume] (Portland, Me.) 1818-1824, 1818-06-09

struciion oil lanai from Lake Erie 10 Tue
confluence Of the Mohawk river with the
Hudson, and of another canal to commune
cate with Lake Champlain and the last
mentioned river.
liz concerns of high import Massschu-
sets has not been accustomed to want de-
cision or zeal. Her fiscal resources, liberia
ted by the late repeal ofthe internal revenue
laws of the United States, are various, and
might be rendered productive. In the
present state of peace and general prosper
ity, rich as she is in her agriculture, in her
various fisheries and manufactures, but
especially in her commerce, and the re
dundant capital of her citizens, she ought
to feel herself. without the pressure OF adj
ditionai taxes on the great body OF the peo-
pie, amply competent to every object OF
general Improvement and advantage that
can offer itself to her patronage.
IKE projee. of cutting canal through
the peninsula of Cape Cod, has repeatedly
engaged the attention Of the Legislature.
The magnitude of that object in relation
not only TO the coasting trade and CON-
tD~tNS Va ltiAo otatIt OQh VI liz ". otdtGos
and the facility of communication it would
afford, in the event of war, between Mas
sachusetts bay and the waters leading 10
ports on the Delaware and in the Chesa-
peake, as well as 10 the contiguous States
of Rhode Island, Connecticut and New
York, unite in recommending the merits
of the undertaking to thorough examina-
ton whence motives may be eventually
derived for the government of this State,
and that of the u. States, efficaciously to
further lis accomplishment.
To encourage industry, the great source
Of competence, and the friend of health and
good morals, always merits the care of the
Legislature. Improvement in the Arts is
progressive: And, besides that proposes
sion in favor CT established customs and
practices oppose themselves 10 reform, most
men are obliged to labor for subsistence, and
pursue those plans of execution to which
they have been habituated. In agriculture
few individuals possess the means OF institu
ting these extensive and elaborate experi.
ments by which the powers of soil and CHI
mate are developed. Nothing perhaps can
more decidedly evince the Intelligent and
guardian care of the Legislature over this
interesting branch of political economy,
than the establishment OF the Massachusetts
Agricultural Society, and other institutions
for the advancement of similar objects, to-
gether with the liberal grants OF money
from the Treasury, which have been made
in aid ofindividusl contributions. through
the agency Of these institutions, and the
Persevering end generous efforts of the
gentlemen by whom they are administered,
a lively impulse has been impaired to
Agriculture, and every portion ofthe State
is flourishing under their genial influence.
AMONG the numerous objects which a,
all times are interesting 10 the people and
government of the Commonwealth, the
department. of the Treasury is one of the
most prominent. Although, by the adop-
ton OF the constitutions of the government
OF the United States, the several States
have relinquished the most productive
sources Of revenue, yet from those bran
ches over which the States retain concur
rent jurisdiction, competent supply, mol
only for the support of government and the
payment OF the State debt, may be derived
but for extraordinary contingencies J;
and the occasional encouragement Of any
important branch ofpolitical economy, tina,
may solicit the fostering care OF the State
Al this time it merits particular notice.
that Tor more than twenty years consider.
able proportion of the money received into
the Treasury has been derived from the
payment OF the interest, and part Of the
principal OF the u States Stock belonging
TO the Commonwealth. Thus an amount
OF the SIX per cent Stock ofthe y. States,
amounting in the year 1895 to eight hun
dred and thirty two thousand, FIVE hundred
and thirty four dollars, is reduced to twenty
four thousand, three hundred anc sixty two
dollars and eighty seven cents which
stock will be extinguished on the first day
OF October OF the present year. he de-
.erred stock which in the year 1902 amour
ted to four hundred and sixteen thousand
two hundred and sixty seven dollars, is now
reduced to one hundred and seventy four
thousand nine hundred and sixty six dollars
and forty five cents. But by the arrange
men, OF the United States treasury, under
the provisions OF sundry acts of Congress,
instruments OF this stock are to be annually
paid together with the interest, until the
first OF October 1924, when this stock will
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