Sunbury American and Shamokin journal. [volume] (Sunbury, Northumberland Co., Pa.) 1840-1848, 1844-01-06

w
Beaver, Shenango and
French Greek $40 2S 1GG3G 03
Increase in 1919 s77,G27 I3
And on the same lines the excess of receipts
over expenditures and all liabilities, is as fol
| lows:
Main Line. s410220 70
Delaware Division. G9,7l1 10
Susquehanna, North and West
branches 1919 %
1921 Is
Beaver. Shcranro and French Creek,
excess of expenditures over
ccpts. 92jl II
Total excess of receipts over cxpcn-
diturcs, $50 .Gj7 -
From these statements it appears that, with
the exception of the small excess on the Susquc
hanna and North and West Branch Divisions,
the profits upon the years business have been
derived from the Main line and the Delaware Di-
vision.--lhe last named division has yielded
profit of five per cent upon the cost of its con
structon. which. but for the loss of revenues
sustained from the combination among the boat
men before referred TO- and interruption from
breaches. would have beer increased TO over
seven per cent.
| The Columbia and Philadelphia Railroad cx-
hibts very gratifying result. The clear pro-
fits of The road over expenditures and liabilities
( the past year amount 10 500 96G GJ-cqudl to
! about hvc per cent on the original cost of the
railway and the motive power department.
| In pursuance of the provision of the act of 9TH
| March. 1913, a charter was issued, the 10th
! day of juno last 10 The Eric Canal Company
The company is vigorously prosecuting tho work,
and give fair promise of its early completion.
/ That portion of the division from the Ohio River
/ to the town of New Castle according to the terms
! of the charter remains in the possession ofthe
! Commonwealth until the completion of the
whole line. large portion of the expenditures
/ on II during the year, was caused hy repairs to
! the works since frustrated
1t is evident from the foregoing abstracts and
from review of the details, contained in the Ca
! nal ComnisSi ioncrS, report. that the Main line
/ and Delaware Division. can. at all times, be
! made sources of profitable revenue TO the Com
monwcalth. by the exercise of proper vigilance
! over the disbursements Much La, been done to-
wards Introducing system of strict economy.
aud dispensing with officers. agents and aborcts,
| whose services tend only 10 swell the amount of
! expenditures If the system thu, begun. hr ear
! ricd out and perfected. all doubt must vanish
To the value OF these two portions of the public
works when considered as means of revenue,
| TO the more general introduction OF section
! boats in consequence of the state having prr-
, chased trucks for their conveyance over the two
railroads, may be tIacedthe principal cause Of the
! increase of Tolls and tonnage OF the Nam Inc.
| The experiment has fully been tested TO the sa-
tisiacton of the most sarguine friends OF the
system Of individual competition IN the carrying
, trade These boats during the past year have
prevented combinations, reduced the price of
treights, increased the amount of tolls and ton
ma &c, and given TO our Main line character for
cheapness in transportation, which must make
il the principal avenue TO n market between the
waters of the West and the Eastern Atlantic ci-
ties. A system of transportation which in lis
incpient state, has been productive of such good
benefits. and which j. closely identified With
the property OF the Improvements of the Com
mouwcalth, is entitled to the fostering care of
the Legislature. In 1918. the amount of tolls
paid 10y section boats was 1927 Il of which
SlG.G5l G5 was for the use of the State trucks,
To give efficiency 10 the system TO meet the
demands consequent upon the continued increase
in The number of section boats; and To prevent
veXatiouS delays at the railroad slips, an increase
inthc number of trains Of trucks has become ah.
: ! solut"ly necessary. - those additional trains
Will be required al the opening Of the spring bu
sincss the expectation is entertained that an car
: " appropriation will be made TO that object
Such an appropriation will give an impetus 10 the
, spring trade, by giving assurance of promptncs.
in the delivery of produce. goods, and meTchan
, disc hold out inducements To further incrca,e
of section boats place the system upon per
, manent basis and insure 10 the Commonwealth
: all the advantages which must necessarily rcsu
from this improved mode OF transportation oVcl
our dsioined lines of canal and railroad.
would further recommend that the appropriation
, be made direct, and not made payable out of tht
tolls for the of trucks, as Ia enable the Ca
nal Commissioners to make the purchase on NOR,
economical terms than can otherwise be done
and 10 free the rates of toll, and the method o
keeping the accounts, from their present com
; pleXity.
viii refer You to my message, returning
+ without the Executive sanction. bill eutitlc
= AN Act TO authorize the Governor TO rcorpo
: rate the Pennsylvania Canal and Railroad Com
G pany from Philadelphia to Pittshnrg,' for IN,
! views in relation To the impolicy of selling o
I transferring the public improvements TO prlNat
= companies ! deem it however proper to add
II that, although my own Judgement on this sublcc
! is perfectly clear, yet, If second Legislature
y deem il advisable 10 concur with the former il
+ providing for this sale transfer, do not knoN
: that will consider the duty incumbent N
II of offering further resistance Ia this project pre-
Is vidcd sufficient safeguards be established To pro
c tcct the public against frauds and colluSicns /
l. the sale and to ensure proper regard for th
o public interests, on the part of those into who's
o hands they are subsequently TO be transferred
y. No report has been made by the Commission
% crs named in the act entitled An Act to author
l. izc the Governor 10 incorporate the DelawaI
= Canal Company passed 18Th April last uC
Is am in possession OF any official information
- relation Ia the sume.
\ On the subject of the Hanbs have little TO r
recommend. My views in relation Ia the syste
s, have heretofore been very fully expressed, al
a do not now need reitcration. Most If not all Il
II solvent institutions have now resumed spec
payments and, taught by past experience, ii