New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-01-24

Of New YORK l6sS0e5& -
Total State Debt. el9II5<N -
The annual interest this debt Il 81 - -e3 %, OF
which 81 35s % is payable in New York and s37
~ the Treasury. The surplus revenue re
celved the United States aud loaned 10 the several
Counties, which is specifically pledged for the redemp
hon Of the 81 900 per cent bonds payable IN FOL
Including e0s 32 O5 already returned by the Couou"
and now la the hands Of the Fund Commissioners iof
that purpose. is sl esq Os4 06 Toe application oil the
balance OF this sum already Appropriated 70 the eS
ingushment Of much Of the debt in effect reduces
the total Indebtedness OF the state TO s1 i'I %
and the foreign deb, TO sl543'.2lO 81
On the whole, the finances Of this great and growing
State appear 10 be in sound and hourishing condition
and are 50 far are able TO Judge msnsged with
much skill and economy jas,fyng tie high confidence
reposed both here and 10 Europe in her public secu
rites. We cannot too highly commend the unwsger
ing integrity Of the people 81 Ohio who in one Of the
darkest periods of monetary distress that has be
fallen our country voluntarily taxed themselves 10 pay
the interest their public debt and at heavy sscr
fee maintained nyolaie their faith when older States
fa,ered They reap the reward OF their noble &
etops and temporary sacrifices for the high character
of the State for integrity s letter Of credit 10 her ct
zens.
large meeting was held on the 30th Deem
Der last at Mount Holly. n Of the citizens Of Burling
County aud others friendly 10 the construction OF
Railrosd across the state Of New Jersey. Com
muee appointed, which reported resolutions de-
claring that he location OF the Camden and Amboy
Road had disappointed many of those who were It's
friends at the time the charter obtsinedbat the
Interests only Of the Stockholders and not Of the PEG
pie Of NewJersey were presented-thst instead Of
making the location through the interior of the State
where it was expected and desired-it was placed
along the bank of the Delaware ~ the eide of tide
Ter communication, where 1t was not desired nor ex
pected-thst improvements beneficial to part Of the
community cannot with justice be denied TO otbers-
that the Legislature has the full and unqualified right
10 charter many railroads the State the in
tsrests and wants of the community may requife-tbat
the best interests Of the people of the State Of New
Jersey, and slso Of the travelling community. will be
promoted by new line of communication between the
Cities Of NewYOrk and Philadelphia, by means OF rail
road. steamboats,, &c. passing through or near by
Mount Holly, Freehold, Keyport- &C. committee
was then appointed to bring the subject before the
Legislature with view to the formation of company
for the purpose of opening such new line Of com
Inunication.
We have received the annual report OF the
NewHaven and Northampton Railroad Company.
which gives favorable account Of the operations OF
the Company during last year. Notwithstanding sd-
ending the 3lst December have been follows
For Passenger ga 707 90 For Rents ........s3is7 50
For Frciehi.... 3O6O8 SO For WhsrfGge..... b92 10
For maiSExpress. oeOw' Total IMMUNE. S60O95 80
The expense Of operating the Road for the same 80 o..
time has been. W
Leaving apple able divce S37Ss g3
The Company close the year without any floating
debt except a email balance due on the noh ana
another on fres cars both amounting to less than
sixteen thousand dollars The continuation OF the road
toward Pttsfeld In Massachusetts, has been suspended
and proposal received aud accepted for building the
entire road from the bridge the Pennington River
10 the State line In CRANKY, and thence to the Western
road AZ soon as permission s obtsned from Massachu
,etts in manner corresponding with the rosd already
in operation fer the 5000 shares of new capital APp
cation has already been made to the General Court oil
Massachusetts now in session. for the grant In question
and the parties taking the contract have msde the nj
rapsements TO complete the work during the present
year and probably will enable us to open the ROAD 10
Avon early in the season At present trains do not
run bevond Pennington station. When the road shall
hs connleted 10 the Western road the whole cost OF
,h. two miles together with all the valuable pro-
st, a. Nav Haven will not exceed sl.400000 The
Canal will be wound up during the year. but the Com
pany will retain their large and valuable water power
at the feeder dam and acqueduct over the fsrmneoh
river and at other places. 1t was anticipated 'na o"
The LIST Of January ls49 the control OF the rosd under
The would be transferred TO the direction oil the
Nsw York and New. Haven Railroad Company, but the
latter not having completed their building or made
tbeir arrangement the canal road will remain for the
pre.eu, under the control of Its present board of D
rcctors. - ..~..r