Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-03-31
$I3S,205 At
$2I5,sO9 25
81 80 go
S3OS 100 II
$234,504 81
1858 81
10 1925,
10 1928,
To Superiniendants of repairs,
To Canal Con missiCners,
10 1929,
To Superintendani- Of repairs,
Cam C0mm'ssiOuers,
10 1929,
S2S3 300 A.

SSZS3,ZO2 ~
These charges it viii he seem are annually decreas
irg. IL u not Likely that our inF roveme would bring
with II any such "normOus eXpense. The expetience
derived fran tie New York canal ii-eF, would epable
US 70 AVOID those errors in construction which Rave
led to those serious charges for repairs. But the gen.
ueman omitted 10 e, that the same docvmen, rom
which he derived tne statistics "hch he furnished to
'he House IN relation to tlis in prove also
We th-t, although the tolls upon the canal have M,
been applied TO the payment OF the prncipa We, that
by The increased ofcuat on which The canal has given
TO the Onandesa sal'; he revenue upon that article
which appropriated by law Of he S a'e TO IN. a.
nal debt, has been sugmen ed 80 I-3 pr cent: md
that this, og her wi The day on auctions. sIso do.
voted to The same purio c, has rgui,hed part of
the principal f "
The Ohio canal, VIII finished, will C st Sd 7s5 765
Inc tolls durn liul' more than two
months OF The l,si wear, on the section
IRON Lake Erie 10 ii king Summit were 30 1913 90
The revenue On The Miami cooal, only
si&ty-seYen miles ia lei 9Th, for the last
year amounted 10 3O,Os2 3s
But what Is cur own experience up % this fubiecI,
u VIII be found on exam nation, that the Jane. RIVER
CeDal, made al time when knew but little of
thlrgs, aud With email regard TO economy supplies
ample proof Of The profit OF such works Dntng Inc
prasent session, the Second Auditor has urnisbed N
The House report shelving the situation of !, ve,,
ments H"de by he S!de in public works nd in i'm.
PoVemr9ts made by private companies. From that
l. That the average annual gross amount of tolls
ahd lens received BON the lower Jbmss River canal
WITHIN the last i've years, equal 10 per cert an
m
S6l0,1i3 I2") 80 :"
q That the annual nett profits fer the
prod, are eqna to per csLt on the cost Of Il e
improvement" y ~
3. THAT even after charging this imo,ovs,sn,
With the annual dividend OF SIG 500, PAYABLE 10 The
SioekhoiderS OF the Old James River Company which
Is general charge upon all tie impr ,vemenis; tb
GEAR sum paid int the treasury $685. ~ etntaN
towards tie discharge Of interest upon ioaps /, canal
10 per cent on the cost OF he Improvement"
an THAT for the year 1890 the eross amount Of
Iol' ~ equal 10 per cen q; ihe nett amount 10
.; md The sum paid into he treasury at et de.
ducting lbe divderds, 10 per cent"
oh. "AHd hat the tad of the river bas iprre,,ed
nearly 90 per cen, in he la' 1--WE years the fo and
her Pohs 10 1896 (dUrDg part OF hieb year ,bers
was bisb tariff OF toI) being Sal ,s37 81; and in
1880 $623l7 S." "'' >"
II ~ 10 beyond our own country, we hal 6,d
me most abundant po,f Of The general profit a. .urh
InVetments There is scarcely pubic work m
Great Britain, The stock Of which /. not held At en-,
go fahle prem Om ebove he orig insI share vtiee
1T IS proper that should here notice some remarks
when Tell from the member from Prince Fd.ard fAfr
Fenable:)-that gentleman, in his zeal In bebaif of
JOINT STOCK Companies, assumed the position that
whenever improvements are made by the State alone
mere s almost invariably effort sC,erwards 10 e
rid OF the tolls which may be imposed on such ionrS
mems; end by way OF illustrating the truth Of bs 70
marks, he referred 10 the course pursued bv tor,o
Delegate from the county which have the honor t r
present, IN relation TO the improvement Of the Kanaw
ma RIVER lie tells US Of the zeal with which that gen
uenah urged upon the Legislature tho importance o