The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1845-01-11

VIII tAPect oi you suCil JuuiclouS regis
, Iation as will gradually lessen The amount
of taxes to be paid. and finally render lax,
alton altogether unnecessary.
The public debt has been incurred in
the prosecution Of gigantic works OF in
ieral improvement designed to Gevelopt
The resources oi the sac
by the sinking fund already establish
ed, III, punclual payment OF the inleres,
nsures that ultimate liquidation of the
principal Of the debt.
OF The public debt hearing interest. ST..
l94 $3.50. has been expended in the partial
construction of the Chesapeake and Ohio
Canal. and the annual interest upon this
sum is about 100000.
The canal has for some years been
completed to its present terminus al Dam
No. 6, and no revenue has hitherto been
derived from it,
A sufficient time has in MY judgment
lisnsplrcd 10 enable us To say. that this
Investment will, miihoh jwiher legisM-
ton, remain continued burlhen upon
the S ale. until it is paid off by The opera
lion Of the sinking fund, established by
The existing laws. The grea, question
then for Your consideration, and decision
wi! be, whether any, and il any, what Ie.
gislauon can be adopted hy you To make
the Chesapeake and Ohio anal Weld a
revenue equal TO the interest OH The Stale' )
investment.
If you should concur with me in opn.
ion, that the true interest Of the Safe
would require the completion of the Ca.
nal In more western terminus than Dam
No. 6. il is maniIesIly Cxredienl lial You
should without further delay adop, such
measures as will ensure the immediate
accomplishment OF that object. II. on
the other hand. YOU should deem il more
eXpedicnt, to stop the work for The p,e-
important that you should embrace the
earliest opportunity OF making such all
arrangement with the Balm ore ane Ohio
Raj! Road Company. as will secure to
The Canal The transportation from Dam
No. b of sn much coal or other freight as
will be adequate to pay the interest on the
Safes advances 10 the CanaI Go mpany,
In making this suggestion of the pro-
hable cXredlency Of an arrangement viii,
the Rail Road Company, am prompted
by the difficulties which NJ ghl al hi,
time be encountered in raising the requi,
lie sums 10 complete The Canal. llI be
possible for y on. ly the credit of the Ca
nal Company, To raise tie amount neccs.
sary to finish the Canal, would nni he. j.
tate 10 advise lis completion Without fur
her delay; tn, if you should Erd it i'm
possible Ia RAISE the required amount at
This time. aud YOU should ihirk that ME
true interest Ol The Safe would be prompt.
cd by such an arrangement with the Rail
Road Company, II should continue only
unrlI the restored credit Of The State will
make it Practicable To comp'ct the Canal.
1t is understood HAT large sums re-
ctived hv the Baltimore and Susqu, hanna
Railroad Company, and The Su> quelanna
ard Tide Naler anal Company, which
righlIuIy belonged 10 the State ave been
applied by those companies TO meet 9th
n than thor engagements with the Sale.
These difficulties can only be corrected
by more efficient organization of the
supervisory power on The part Of the
State over those corporations.
The present States agents are dcser..
yedly esteemed for their general worth
and intelligence, bu, as they receive NO
remuneration for the time Gevrtsd to the
public service, they are expected to ex
ercse general superinlendence only,
which is wholly inadequate 10 The prolec-
ii"n u! the vast interests Inch are in
their charge. The Safe could not fail, in
my Judgment, to derive imror'an, advon-
Iages by the appointment Of beard OF
public works, to consist ninot more than
three persons, who should receive liberal
compensation lor thcir seiv ces GA, nt the
monies To be derived from those works
and who should be clothed with full POW
or TO supervise aud project lhe interest Of
the State therein.
The establishment Of such board
would induce the practice OF greater econ
omv in tie expenditures OF those com
panies, and would for the future secure
/" ihc STAT" the application of The revtn>
ues Of those companies, in accordance
with HE provisions Of the law.
The Leg stature might also rely upon
card Tins Constructed, for lull aud ac>
curale information in reference To the
condition OF these corporations, To guide
their future action.
In view of the magnitude Of the invest
ments which HE Slate has made in her
works of internal Improvement, and
which are row practically unprotected,
any expense which might be consequent
upon the establishments of such board is
utterly unworthy OF cons Iteration.
In representative government the pn>
rltv Of The elective franchise is ii vital
lmponance.-Where the pe,manency OF