Maumee City express. [volume] (Maumee City, Ohio) 1838-184?, 1839-12-14

Balance In the treasury, 3. S7s q o
The aggregate canal tolls received for 1884, was S435
949 "a The amount received for 1889 Is $478453 ST.
showing increase Of canal tolls this yehr over last,
Of THE gradual increase OF canal tolls
cry year since the completion Of these works,
in believing that at distant day, the re
ceved from this quarter will more than pay the inter-
est on the cost OF their construction Whether all
the works OF internal Improvement which the State has
undertaken, will ultimately do this, is doubtGil IT,
however, our public works, whole, when once
completed, shall yield sufficient pay the
interest the aggregate cost of their construction
public expectation will be fully realized, and we will
have cause to regret the policy which led to their
completion. the public works now in progress
shall have been finished oar state will be well provided
with the means Of getting her surplus produce to
ket. These great avenues, which enable US TO trans
port agricultural productions from the interior por
ons oftle State to various points, as interest may die
tate calculated greatly to enhance the value OF
land-open up ready market for the productions Of
soil, and promote in high degrees, the prosperity
of our State. That our system Of internal improve
mes, so fur as II has been judciOusy commenced and
prosecuted greatly calculated to promote the interest
Of the State, is universally admitted 10 this system
have always been and am decidedly friendly; and hope
that 1t may ultimately be EXTENDED into those portions
Of the State that have hitherto been overlooked and
neglected
While we acknowledged the utility of internal i'm
provements In developing the resources Of the State,
should not forget that prudence and sound policy
quire that they should be limited by their general util
~, and the fiscal ability Of the State carry them on
Our State debt Is already upwards twelve millions
On ten millions and half of this we paying inter-
est, which constitutes heavy tax on the people. The
improvements which we have already undertaken, and
which the State Is under obligations to complete will
require the increase Of State dept to fifteen millions
THIS large debt together with the great difficulties and
experienced at tho present time in the
monetary affairs Of the country, and the difficulty Of
borrowing money favorable terms to the State, nd
monsh that the utmost caution should be observed
TO guard against undertaking. or the present. any
works. The most rigid economy should be Introduced
into this branch of the pnblic Services and more
ney should be borrowed for the ensuing year,
than will be necessary TO enable the state to
meet her present engagements From present up
pearances il 10 doubtful whether the Fund Commissio-
ners will be able 10 procure the means necessary 10
meet the contracts the public works II would be
runous TO the State TO permit the progress Of these
works to DO interrupted for tho want Of funds, The
credit of the State would &c impaired. and large
mount Of money and labor already expended would be
lost and the contractors materially inure Every ef-
fort should be made enable the State the pre-
sent contracts the public works This Ia demanded
by the best interest Of the State and the high regard
should always have for our engagements.
The time has already arrived when are forced by
the dictates Of prudence TO pause and consider what can
be done to arrest the accumulation Of state debt -
Under the 'acttc authorize q loan Of credit by the