The pilot and transcript. [volume] (Baltimore, Md.) 1840-1841, 1841-01-08
From The Nc Y. Star.


The great length of this important document,
and the short time it has been in our possession,
prevent the possibility Of extended comment. In
STYLE it is forcible and perspicuous, and its SUBJ
stance highly satisfactory. The financial details
exhibit the great state of New York moving
steadily onward in her glorious career, despite
the inpediment5 which the federal government,
by its war upon credit and commerce-peculiar-
ly affecting her interests-had so thickly scatter
ed in the path of her prosperity.
The nett revenue derived from the canals is
Il O2O, SIS 5S-from auction sales and salt duty,
1920, 5S2 49. There Is slight falling of in the
nett avails from all these sources, as compared
with 1889. The gross receipts on the canals
have been larger than during that year, but the
expenditures have been also increased, owing to
the necessity of repairing and renewing locks,
aqueducts, &c. During the season Of naviga-
ton, in 1910, the gross receipts in tolls, &c.
from all the surplus waters were Sl,775,747 81,
being S159, 1865 So over those of 1889.
The expenditures from TIE School and Litera-
ture funds have slightly exceeded the income OF
their capital and the appropriations, but it will
be seen, that the benefits have been in ample
proportion to the outlay. The Colleges, Schools,
and all the charitable institutions in the State
appear to be in a hourishing condition.
The Geological Survey will terminate in June
next, and, it Is ,Kpected, with important results
The law passed at the late session in relation
1
worked admirably. The present capital OF the
safety fund is 1855, 1876 u.s..
The fiscal condition of the prisons is all that
could be desired, and their discipline has under
gone thorough reform. The happiest effects
are anticipated from the present wise and phi
lanthropic system.
The mali gnant attacks made npon the Cover
nor, for an alleged ilordinate use of the pardon
ing power are eifectually slenced, by reference
to he criminal statistics of the former state ad-
illustrations.
The sum which will have been expended on
| the enlargement of the Erie canal between jan
uary list, 1910, and March LIST, lS41, is stated
at S2,s69, 171-the aggregate since the COM
mencement of the work at 81, 53s, 1872. The to
tal cost is estimated at s23, liz, 766-so that
SIS, 1873 1874 is the sum required to complete the
undertaking. 1t will be finished, probably, in
1s47.
Forty-five miles of the New York and Erie
Rail Read will be in operation this month, viz.
from its eastern termination at Pierpoint to
Goshen, in Orange county Seventy-two miles
lhave been graded and ninety-ohe miles are UNI
der contract. The whole length will be AS
miles-the cost, as estimated, 5000, 000-and
the time occupied in construction, two years.
The amount expended Is stated at 81 600.
The credit of the State to the amount of three
millions was granted to this road by the Legis-
Iature of lS3S-of which eight huh1red thousand
dollars has been issued-four hundred thousand
of which were issued previous to 1910.
The enemies of internal improvements-in-
GLIDING the Evening Post-will no doubt be as
tonished to learn that the interest on all the
state stock issued in aid of toorks Of internal
Improvement has been promptly paid By the
companies receiving the aid.
The aggregate state debt is put down at 49,
lO64,746 33-and the clear surplus of revenue
derived from the canals, after the payment Of
the S46O,0oO which they annually contribute
towards the expenses of the State Government
and of the interest Of the Erie Canal loan, is sta
ted to be s39s,O95 95 The estimated clear
surplus fer the current fiscal year is $4,000 90