Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1848-07-12
From the Wabast. Express
Meeting ct the Board 8l Trustees
Of the Wabash Ind Eric Canal
prog rcA> OF the vyOrfA--C;ana-
Revenues. &c.


Revel0es. NC.
The Boari OF Trustees Of the Wabash and Erie
Canal closed their session th.s Iowa on Mon
cay, the i2tii instant.
MIR. Butter. President of the Board. proceed
ed north, that day. along IN. tine "f the Ca
nal, with the State Trustee, MIR. Fuett,s and
ihe Chief Engineer, Mr.. Williams
The Boar had press of important business
before Them requiring action. relating as we'll to
lire iui-ilrsl part Of the lanai a. 10 thai anaer
construction.
Al their prese it sitting they have put 4os miles
.nor- beIns u,- ot. sion from Icrre- II auto.
South. 10 Point Commerce. under coniFaei-
that there ii now ~ miles Of Canal work on
the uiain tinc under contract. au1 they dreiled
Ia let another DIV tson OF / mites, "h HE iotii
November. is. suutii from Point Commerce
The d. ision from Coal Greek 10 thi~ place, So
M les. wfit il 1t last season. IN u good
state Of fors artines. ali there Is rgespee;
OF rs being flushed within The contract tn1r.
aud within the Engineers esii'na.e~-iI so, tn
n,yig alton this point Ill Be uoe for the spring
business Of iSto.
Petitions III favor Of the construction III tiat
portion OF the Canal the southern tvrmina-
lion, at carrier PERIOD than iie reiolnre cuhirt-
plate.i. having been receive! thrau-h the dele
CATION nf gentlemen from that quarter, and the
Board desiring 10 give to ,hos- cls,ais the most
rsSrpec;fui and careful consideration. the fresi-
dent OF The Boari aud The State Trustee visited
the southern division OF the Canal nth the Cef
Engineer After matarely considering thu sub
cations both to the State AMI her creditors a> the
depository Of "A responsible and SACRED Trust. aad
looking also 70 the means provided ~ las, the
Board conceived that the great aHd Leading "b-
icct Of the Trust. wit: The cotnricit"n OF tn"
Canal TO Evansville, III be certainly Sc
cure, by aahering strictly to the plaza her tolore
adopted aud which was Indicated III their report
10 the Legislature. The act creating The Trust,
rs is well known provides but a Hunted fund Tor
the completion OF The entire work; consisting,
fysf, OF the advance required from the l'"ud-
Holders of ScuU,uuo; secoHdI3, IT Tie proceeds
OF the laue4s they may he sold or pAid cut,
aud, fiif.ifg. of the nett revenues of Tire Canal
after making all needtui repairs With their
means thus limited by the act. aud with 40 ex-
p.ci,tion OF any augn' nttiion thereof. ana WIN
the obligation sting upon them to tni>h The IA
nal within four years, At AN estimated cost oil
more than two millions Of collars, the Board
fe IL constrained oil the great obiec: ot the
law To adhere rigidl. TO Their original plan oil
keeping the work connected ami bHfMihg a.
they proceed And, III ORDER to The tnti nccom-
plishmcnt of the Trust, aud TO meet The Jist eN-
pectationS of the Legislature and ci the State
creditors. the Board have found II necessary Ia
husband the iu nj confided to their management
with the create care aud 10 Introduce the strict
economy the finished line north 81 Coal
rrek. consiste mt with perfect navigation. de
fering all heavy OUTLAWS until after the pie
ton of the Canal TO the Ohio river.
The business of the Canal tins season has
opened very fairly and gives promise. in view OF
the crops in the ground, Of increased revenue
for the year. The outlay for repairs, however
H. very~ heavy. there are so many o"caNed
structures requiring TO be renewed the prese mt
The Canal is IA good navigabic "rier to
Coal Creek, and e seIiotis breach has yet oc-
CURED IL interrupt III. business.
The sales of land III the Nlhcrnnes District
amount to about 1900 average per month
chiefly pre- -emption rights.
The State Trustee is charged with the duty of
making the selection of lands authorized under
the recent act Of Congress, TO make up Tor the
selections heretofore made aud set asi4e on the
ground OF previous prescription rights ms
act gives no additional lani To the Trust, lint
merely recognises the clam of the state. with
this important differ nee, that the State claimed
to be cntited TO select the lands out Of the Mi
restricted the selection TO be made out of lands
A,bect to private entry on the first OF April
1878 thus expires ly excluding the Mama lands
and compelling the State to take Lands OF an IN
ierior quality.
The revenue collected on the Canal from lS'
Dcccnih.r, 1911, TO Isl June, 1919. estimating
receipts from Lagro for May amounts 10 S33.-
90, 55-the revenue from LIST December, l. a.
to Is, June. le11, was S22 5h3. oo--showing an
iucreas: upon the revenue of the corresponding
portion of tire previous year of SIl .1I.9I.
The Board have appointed Samuel Hall. al
/ Gibson county: James Blake. of Marion county.
and Elias Murray, O: Huntington county, Canal
Appraisers
Christian Casseil. Of Lafayette. was appointed
Inspector of Canal Boats, at that point.