Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1844-01-11

very gratifying result The clear profits Of ,he
road over expenditures and liabilities the past year
amount 10 S202 ,9G6 65-equa to abOut FIVE PEI
cent on the original cost of the railway and the
motive power department.
In pursuance OF the provisions OF the act ol Ith
March, 1913, a charter was issued, on the i6tt
day Of June last, to The Erie Canal Company"
The company is vigorously prosecuting the work.
and gives fair promise of its early completln-
That portion of the division from the Ono xix
TO the town of New Castle, according la the term
OF the charter, remains In the possession OF tie
Commonwealth, until the completion nt the wstJt
line. A large portion of the expenditures It
during the wear, was caused 10y repairs 10 the,
works since transferred.
II is evident from the foregoing abstracts. aEf
from review Of the details, contained in the ga
nal Commissioners report, that the main line 81
Delaware Division, can at all times, be made
sources of profitable revenue 70 tie Connlut.
wealth BY the eGercise of proper vigilance 0var
the disbursements. Nlucl has been d08e t,>gvar!l
introducing system of strict economy. anl d.
pensing with officers agents. AMI labnrers, whJSe
services tend only 10 swell the amount o.. Crpeadi-
lures. Ifthe system thus 5egnn. be carried on:
and perfected, all doubt mus. vanish the val
ue OF these portions Of the public works when
considered means OF revenue.
To the more general introduction Of section
boats, in consequence of The State having pur-
chased trucks for their conveyance over the two
railroads. may be traced the principal cause Of the
increase OF tolls and tonnage on the Maa line
The experiment mas been fully tested to the salts
faction of the most sanGuine friends OF the SYSTEM
OF individual competition IN tie carrying trade
These boats, during the past year have preven;ed
combinations, reduced the price OF iteights ill.,
creased the amount of tolls and tonaa1e, and Civ
en- to our Main line a character for CheaDaess in
yyh Ia tLs,, Al
avenue to a market between the waters OF the
West and the Eastern Atlantic cities A system
OF transportation which II It's incpient state, has
been productive Of such great benefits, and whicn
is closely identified with the prosperity OF thu
Improvements Of the Commonwealth is entitled 10
the fostering care of the Legislature. In 1913,
the amount of tolls paid by section boats waa
SIl4,227 Al; of which Sl6.65i 65 was for the
use of the State trucks.
To give efficiency to TIE system; to meet the
demands consequent upon the continued increase
In the number of section boats: and to prevCst
vexatous delays AT the railroad slips an increase
in the number OF trains of trucks has become alb
soutely necessary. As these additional Trans
will be required at the opening OF the spring bu-
suess, the expeca tion is entertained that an ear
ly appropriation will be made TO that object
Such an appropriation will give an impetus 10 the
spring trade, By giving assurance OF prOmptnesS
in the delivery of produce, goods. and merchan-
diZe; hold out inducements to further increase cf
section boats; place the system upon perma-
nent basis; and insure to the Commonwealth all
the advantages which must necessarily result from
this improved mode OF 0nsportaiion over our dis
jointed lines OF canal ard railroad. | would fur
ther recommend that the appropriation be made
direct, and not made payable out Of the tolls fur
the use of trucks, as to enable the Canal Com
mlss9oncrs to make the purchase on more ecnnonl-
ica terms than can otherwise be done. and to free
the rates OF toll, and the method OF keeping the
accounts from i.len present complexity.
will refer you to my message, returning. wish
out the Ey ecutive sanction, bill entitled An
Act To auiuoriZe the Governor TO incorporate the
Pennsylvania Canal and Railroad Company ffofn
Philadf, ,lphia to Pitisburg" for my views in rela-
ton t, the impohcy of selling or transferring tie
puo'.ic improvements TO private companies. I
de en- it however proper TO add, that although my
Q wn judgment on this subject Is perfectly clear,
yet, If second Legislature deem it advisable to
concur with the former in providing for this sale
or transfer. do NOT know that will consider the
duty Incumbent on me of Offering further resist
ance this project; provided sufficient safeguards
be established TO protect the public against frauds
and collisions in the SALE and TO ensure a proper
regard for the public interests the part of those
into whose hands they are subsequently 10 be
No report has been made by the Commission
ers named in The act entitled "An Act 10 author
ize the Governor 10 incorporate the Delaware Ca
nal Company passed 18th April last nor am
in possession of any official information in rela-
tion TO the same.
On the subject of the Banks | have little 10 re.
commend My views in relation to the system
have heretofore been very fully expressed, aud Go
not now need reteration. Most IT not all the SOL
vent institutions have now resumed specie paw
ments and, taught by past experience, il is hoped
they will regulate their business, and circum-
scribe their liabilities within the bounds of pru.
dence. that we shall not see recurrence Of the
pecunary embarraSsments which have Tor Scul
years past distressed the community. The grad
ual restoration of public and private confidence.
will enable the solvent institutions of the State t6
furnish currency as fast as required bv the wants
of the country, which will be redeemabe in spe-
Gle on demand.
AS no Bank charters will expire during the re-
malnder of the presen, executive term there viii
be no necessity for enacting laws for their renew
al at present. The practice of renewing acts of
long eiors the expiration Of the Cx-