New-York daily tribune., 1843-11-23
Policy of New-York.

Policy of New YORK.
Il will be seen, by reference to the tables
herewith published, that the amount Of tolls COL
1ected on our State Canals this season already
exceeds Two MILLIONS OF DoLLARs-rnuch more
than in any former year-whlch will probably be
increased to at least S2,l00,000. The receipts
Of Wheat and Flour down the Canals are also de-
cldedly greater than in any former year All
this has been realized in the face of most back
ward and incement Spring, which kept the Ca
nols closed to an unusually late period
Over Two MILLIONS of Revenue from our
Canals alone, and the State declared embarrassed
bv our rulers because she owes debt Of some
Twenty. Five Millions in ala debt mainly con-
rracted for works commenced by those very rulers,
and now stopped by them half done on the pre-
tor. that the State is unable to finish them !!
Unable. with an annual Revenue Of at least Tuo
and Half Millions, and her six per cent. stocks
thirteen Der cent. aboue par :. And yet our
Canal Board have already alloa0ed damages to
Contractors for the States peremptory stoppagc
of their work to the amount Of over One Million
and Half of Dollars, while there are claims
stil] pressing to the amount Of tauo or three M'f-
l;ons more, Yes, here we are at dead halt
when it would cost not more than I'loenty NIL
lions to complete all the States unfinished works
and render Twenty Millions already expended
productive, and it will cost Fee Millions IN
DAMAGES to stop where we are Meanwhile, Great
Britain enlarges her Wclland shunpike, blasts
out the ST. lawrence, and will within two years
land goods from Liverpool and London at Roches-
ter and Buffalo without breaking bulk! and our
Grand Canal has had solid mites of petty boats
brought up against lock after lock, waiting then
turn to pass, for weeks past! Finish the En-
largement and three times the present maximum
of Freight could be easily conveyed thereon al
one half the cost at most-a saving Of not less
than Two Millions per annum.
The worst feature Of all is the deplorable mar
rowness of vision of our capitalists. They hold
back and shiver at the idea that their Stocks
might be depressed five or ten per cent. by the
completion of the Works, but will not consider
that their Real Estate will be depressed ffty per
cent by leaving it undone. If the Real Estate
of this Manhattan Island were tomorrow to be
assessed the whole cost of completing the Eric
Enlargement and the Erie Railroad within two
years. the value of this very Real Estate would
beincreased at least ten per cent Yet Property
said to be opposed to the prosecution OF our State
Works, Surely madness rules the hour.
GY- The Buffalo Commercial Advertiser COM
mends the suggestion of MILLARp FILLMORE as
the Wing candidate for the Vice Presidency in
an able article imbued with the right spirit. 1t
we'll says of Mr.. Fillmore:
The associations oihiS early political ie his location
as a czen of Western Newly ork, ana his community u
political feeling with this important secon the promine
and vigorous support he has all given y
rgh, Of petition and the rights of his iduthcaoa
with the Taitf law all point him the strong
ddate be selected His capacity has been tested
his integrity Is unmpeachaole
The Poughkeepsie Eagle, Newburgh Gazette
and several other leading Wing papers of this
State, as we'll as some Of those of Indiana and
other States, had already proposed Mr.. Fillmore
for this exalted station. We trust this suggestion
will be duly weighed by the Wings of the Union.
We would have no premature commitals to any
man; for it may be that circumstances will ind
cate to the Convention different selection next
May from what would now be fairly deemed most
expcdent; yet we think the position, character
and public career of Mr. Fillmore arc such as
cntue this suggestion to eminent consideration