Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1831-03-25

To Canal Commissioners, 1851 81
| S428, 205 II
To Superintendent OF repairs, S2I5 800 Is
10 Canal Commissioning, 9e,3i0 %
S3O8,I2O II
In 1929,
TO Supcrintcndants of repairs, S234 5O4 81
Canal Commissioners, I3 698 81
$685., 202 AZ
These charges it will be seen, are annually tecrea
sing 1t is not likely that our Improvement would
bring with it any such enormous expense The expe
renee derived from the New York Canal itself would
enable to avoid those in construction which
have led to those serious charges for repairs But the
gentleman omitted to state, that the same document
from which he derived the statistics which he furnish
ed to the House in relation to this improvements ,Js
informs that although the tolls upon the CInaI
have not been applied tote paym. mt of the prnci-
pail yet that by the increased circulation which the
Canal has given to the Onandeiga salt; the revenue
upon that article, which is appropriated by law of
the State, to the Canal debt has been augmented 50
Is per cent: and that this together with the duty on
auctions, also devoted TO the same purnoea b,s
eXt'ngushed part The principal.
Inc OHIO Canal when flushed will cost s. rs TES no
/ The tolls dufinS little than months
! OF the last year, the section Lrour Lake
| Erie 10 Licking Summit Io3 on
! The revenue on the Miami canal only sixty
! seven mics IN length, for the last year,
amounted % oa5 %
B what our own experience upon this su,ecr,0i, will |
found examination, the James River canal made al
time when knew little of things, and with small
regard To economy supplies ample proof Of profit of such
w0rk During fesen, session tho second AUDITOR has
furnished 10 the one report shelving invest
mens made by the State public works and in Improvements
made by private companies. From tina report, find
That the average annual of tolls and
received from the lower River canal within the last FIVE
years, equal per cost of the improvement
| ($52,&i5 10, on S64O,i43 12.')
"Iha the average annual nett profits Tor same period
are equal to 6j per cent on The Of the nprov
lhat even after charging this mproyenent with the an.
nna dividend of S6S00 payable stockholders of the
e improvements the clear pad the treasury
- cents towards the discharge of n;ees, upon loans equal
to per cent OH the cost Of the Improvement"
9TH That for the year 1880, the gross is
equal to 81 cent? the ~; the sum paid
nlo the IIeasry after dsductng the dividends per cent
5lh Apd that the trade of nearly so
per cent III the last five years the tolls and other profits 1926
During Of which year there high tariff Oh tolls being
81 1884, 80; and IN 1880 $Gs 3476
u we look beyond country shall find the most
abundant proof OF the general profit of such
lnere scarcely public work Great Brian stock
whc IS moi held at considerable above the original
share price.
proper that should here remarks which fell
'on the member from Prince Edward AIr Venable)-that
Gentleman III his zeal III behalf of joint stock companies as
sued The POSITION that whenever improvements made by
aoe lneie - almost invariably an effort afterwards,
to get rid of the tolls which may imposed Improve
mcn aud by way of illustrating the truth his remarks he
e'en 10 me course pursued by former delegate from the
county winch have the honour Representa- relation 10 the
improvement of the Kanawha River He of the zeal
WIN winch tat gentleman urged upon the legislature the
orance OF that work: and that years afterwards when
the object had been attained, he of that same
uIuual announced as chairman OF committee of The ct-
zcs OF hanawha, organized for the purpose procuring
Teduc0n OF the tolls that river know that the gentle
man oaluded to, did urge i'll ZEAL ave- with elcnuence
too the improving the of the Kanawha River but
lr he newer asked separate and independent improve
aent such did the people Of county desire tit
was not necessary The downward the Kansw-
ma was good IN the main, The Ohio Wbenevsr
we could descend the LATER salt we could de
scend our 1t link in the grea, chain
connect The East and the West that the improvement tho
Ranawha urged We hoped that markets East of ,,s
would have been opened the productions deghl
icy lou Choose however, 10 the extremes
leaving be space between day. cxcept so far
as dirt turnpike might UuOrunaley the suics
navigation vas adopted the Kana and prsvod any
te destroyed al certain stages of c the ci
" Of navigating other mode been There vas
imposed on my constituents under your tariff about
ZUOO annually, without the slightest corresponding benefit
4hry pehoned or redress they had right do You
i0unj eiT CLAIM one, and reliey ed consider
able portion Of the burten. they now paying without
nnu tax OneTOus because founded in benefits recev
cd In the unfortunate Of that attempt Improvement
the citizens OF kauawha nDlic They had mo
coice 10 The NOTE OF improving agency its execution
ihey do not censure The agents Of the Commonwealth is
one OF those instances which experience has boVrh
aud which trust will prove profitable O the State
Bat, WIFI every nduCemen invite onward an active
course OF Improvement, told that mpoc
ICw money 10 effect ~ and this proposition gvayey de-
Dated as an abstract question Of political economy. The
gentleman from Sussex says it is violation of the
sound principles Of government borrow money in lime
OF peace In the exgeuces of war, admitted that il
IS not ony polite, but often absolutely necessary 10
81 ADOPT TINS course The argument is this: that te hour
oi conflict, II is proper defend by whatever
means we may; yet, that IL improper prepare
Tor That state OF things before actually arrives
ton OF The hest political SCIENCE prepare FOR war amid ii
blessings Of peace deveopement Of national resources by
ar nGoss Of your wealth ard populations aud by securing all