Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1831-03-25
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These charges, it will be seem AZ, anna, lily decrea
sing. 1t is not likely that Improvement would
bring with il any such enormous expense. The -xpe
rience derived from the New York Canal Itself would
enable us to svod those in conS,ructio which
have led to those serious charges for repairs the
gentleman omitted TO state, that the same document
from which he derived the statistics which be furnish
ed to the House in relation to this improvement also
t"toFms us that ahou? 81 t,'a tolls unon the C NAL
have not been applied tothe Plyn mt Of the prnci.
pail yet that by the increased circulation which the
Canal has given TO the Onandcga salt; the revenue
upon that article, which is appropriated By law of
the State, to the Canal debt, has been augmented S.
is per cent: and that this, together with the duty ON
auctions, also devoted to the same PURPOSE has
extinguishsd Part of,he principal.
Inc OHIO canal when finished, wall Size 7UJ Q0
The ions durHs little than months
of the last year, the section finn Lake
Eric TO Licking Summit were 30, 100 %
The revenue the Marui canal only sixty
seven miles IN length, for the last year,
amounted Sn o., "a
But what experience. up1 t, sjec,,-ii vii! h.
found on examination, that the James River canal made
time when knew Int little OF hirgS with small
regard economy supplies ample proof Of the profit OF
works During the present Seccuh Audtor has
furnished 10 the ,ouse report showing situation of invest
made nv private Companies From, that report, frif
That The average annual gross Of tolls and
received from tho lower James River canal within last
years IS equal TO tho OF the Improvement
(S52,si5 10, on S6i0,li3 ~
rha, the average annual men profits for the ps,iod
are equal TO o. per the Of the Inproy
Iha' even after charging this improvement with the
ha Dividend Of Si6s0 payable the Stockholders
Old James River company which general charge upon all
the improvements the paid the treasury 81, ia
IL een,s towards The discharge ofirtcFes, on loans is eual
to per crrt OF the cost OF the Improvement"
4'h That for the year $780, gro amour, Of tolls i
equal TO q per cent Che amount y; aud sum paid
mo me treasury a,er deductns the dvieads per
5'h aud tina, the trade OF nearly 20
r cent ~ the last Eve e tolls and other profits
81, 1884, al; and IN 1850 sGs.3i765" 4.
" we look beyond country shall fad the mast
abundant ronf nj The general profit Of such
There scacsiya public work Britain the stock nj
winch - not held Al considerable premium original
srare prre
II i; poIwr tina, should here notr sumo remarks which fen
tnn the member from Prince Edwaru (Mr Ycnablr),ha,
gentleman, IA his zeal in behalf Of Joint stock compancs ne
sHnneh the position a improvements re- made nv
The STATE alone, there almost invariably effort Afterwards
tn get rid Of the tolls which may imposed such
Hnt aud ny way Of illustrating the Of his remarks
referred 10 the pursued by former delegate from the
county which have The honour Represent; relation IN the
Improvement NJ the kanashs River lie tells ~ Of tire zcs
with which that gentleman urged upon the legislature
poanos Of tina, that some years afterwards. when
the object had been attained he name Of that same
individual announced as chairman Of committee the e-
zens Of Kanswha, organized for purpose procuring
REDUCTION Of the tolls upon that kno that tho gentle
man jauded 10, DID Nth zsa eloqurn
tuo the improving nsvist,oo Of III, Kanawa RIVE
sir, he heyer asked separate independent
ment nor as such Did the people NJ county
was not necessary The downward navigation Of the Kanay-
ia was as good 10 The main that Of lie Ohio Whenever
we could descend the LATER river salt we could DO
uend our own IL was as link IN The gr,,t ,,io ,, Ia
East West that the improvement, Of the
KaDawha urged. We hoped that markets East of Us
would opened tn the Of our desbtf
leaving the space between future day, except 80 far
as dart turnpike might connect Unfortunately the suice
navigation vas adopted on tie KanaUha and has psvod any
thing rather than improvement The steamboats, has
been destroyed ~ certain stage NJ water no has the c
y Of navigating any been rrstsrJ Thee wa,
imposed my constituents under your tariff OF tolls about
sl2,CW annually, without the slightest corresponding benefit,
They peIionrd for redress they had right TO DO You
found their claim one, and relieved hem from, consider
able potion Of the buflhcn They now paying without
munpr tax, onefouS, because founded benefits rerev
10 NE unfortunate issue Of that attempt Improvement
ozes 81 hshawla arc not impl'caled-Tbe had no
Tnoce !" we mo-: OF improving. agency IN i's
iHey no nov censufe the agents Of the Commonwealth IL
oh o hD' instances 10 which has been bought!
Shm Wh'oh U"N VIII prove profitable 10 the State
buNNEh every nducemen invite us onward IN an active
eoure ri impfoyemeni. told that II s mpoc IN bo,
row money 10 ehec' ~ and this proposition gayely
bsed as an abstract question of pslncaI economy The
gentleman hOfu Sussex, Is a vioation Of the
sound principles Of government borrow money IN time
OF peace In ne exigencies Of war II adni,,ed thai II
IS not only polite. hut often absolutely pecss.orv a.
adopt this course The argument is thu. that in the hour
OF conflict, u Is proper defend oursclves y whatever
means we may; set that improper unwe ~ prspar
Ior that state OF things before actually arrives IL il VIOLA
Ton OF The hest political science, prepare war amid he
besng OF peace by Geveopeuent of national nv
an increase Of your wealth md population and Ivy tecurng i