Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-02-03
LYNCHHURG, FEBRUARYa,s,o
NEW YORK.

NEW YORK
We made IN our last paper, brief re(,,...
The Message Of Gov. Seward OF New Yo,1
which, however, we necessarily omitted all all
10 several topics which occupy promipep, Y"
that document. Among these Is the subi.a, "
tern improvement, which, although ,,r,t,.1, IT.
the present in Virginia, less by the emlarrAssn,.,
oil The money MARKET than blythe mprovident e,,.
dltnres, under the celebrated joint stock ,'"'
adopted in 1916, the folly shich is nI,....s, "'
innumcrable unproduc,ye works. scatle,ed,h..'
out the Common eath, may we hone soo, hs
viYed, under happier auspices and und.. e
dance OF counsels rendered wiser by experipnc.t'',
at home and abroad. IN WV"
New York the only State in the unio, an
lleve, in which ,he policy of Internal Ju,,or.ar
has sustained no deirimcnt from the had,
iriends-the only State in which the n,b,;,
""es nave been concentrated upon single o,,..
work, while minor and less important lines m.''
compelled TO await its completion While Va.
Is drawing scarcely per cent. upon the auonn, :
her investments in public works, what is the f,,,
New I ork The amount of her State dsh,. :
s9,O2o,899 20, while the surplus reecnuc derv.I
from her canals d~ring the past year was os,
oo2 74-mhlch will pay an interest Of 6 ne, con,
on more than twice the amount Of that debt ~
result, as We before remarked, has been eff.e,o1l.
the wisdom OF The New York policy, which ,.,a
dating the joint stock system, from the ont.
with the nnhberless trivial petty and ruipop,
schemes to which il has given birth in Vi,,u,
concentrated the State resources ard energies ma,
single and complete plan, and kept il undo, ii.
control of Stale officers, themselves constanlIy ~,
der the the supervision Of a watchful public ,e,G
ment, stimulated by a ,ancorous parrizan spiru ~.
ious TO immediate Dewitt Clinton the far .seepvr,o.
Jector IL the policy which has elevated New Yol
TO the proud position Of the Empire State-wlicl
has relieved her ciiiz ms from taxation-apd Which
in this period Of universal embarrassment. when Al
most every other State is reduced the necessity If
putting abrupt check to cxpenditulcs fl, ,b
object enables her boldly to conlinue her ggapi.
efforts
Gov. Seward scouts the idea Of abandoning III,
project of enlargug The Erie Canal and of compler;,,
the tennessee and Black River Canals-rhe esin,.
ted cost of which is S23 743, l65-whlIe at the sam.
time, he opposes all taxation Tor the purpose. Tn,
revenue ilom the works already compIeted TO form
the basis OF new loans 10 carry those which ar.
projectcd-and it is evident, from lis statement.
that it can be done without burlhenius the people
during their progress, and with The assurance Of the
most ample remuneration afterwards. In concIu.
sion, Gov. Seward presents the following view Of
The condition and prospects Of New York, of which
1--WE may say, with The National lnteligcncer) most
happy would it be for every State in the Union ,us
its Governor able to say the same for it-as nig.a
have been the case had every State in the Uuon
been governed by the same enlightened councils;
"Unike other communities this State bouOu
mo money for purposes OF defence 10 pay
'salafy or pensions, The interest or principal oil
''iormer loans, even 10 endow institutions, Of
"learnng, beneyolence or religion. Her incomes
Sufficient FOR her wants without taxation; the val
''ue OF her productive property is double the debt
''she owes hei surplus income is double the inter
"est she srequired TO pay and the revenues derived
IRON her canals, il Judciousy managed, will he aj-
"equa'e 10 every enterprise which The intefeud
"the People shall demand"