The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-04-02

railroads l4O63,6so i5e4s2l 1851 $50 o9sa.521
Canals railroads lgs5la0 2I49g255 24ss44a6 a6a5l 2g


This great increase in income has been produced in
face Of large reductions tolls made necessary by the RI
valry mostly between the railroads and canals In order
preserve the business Thisyear in particular the Ohio
Indiana, New York. and Pennsylvania canal tolls have
been reduced In the first mentioned States u ratio
equal ii cents per barrel on honr and ayowedly be-
of railroad opposition and the conduct Of the Ohio
board Of public works is such as TO make Amercans who
their national intelligence oil characie blush The
canals OF the State built originally benefit It's bust
ness maks the lands OF all sections accessible market
and to mpa value TO Ohio industry by making Its
ducts available The canals were constructed by the State
In a wasefu and extravagant manner as all government
works carried on. To complete the Mama canal,
Ohio per bonds were sold in New York under the
hammer at 80 cents the dollar and debt of 900
with the Atlantic States ard Europe TO construct
canals which last yieded their highest gross
$3.50 $780, about twohrds the interest the debt The
balance of interest 000) and the repairs and main
enance OF the Canals required to be paid by taxation
and has this become, particularly in cities like
Cincinnati dat il is serious drawback upon the pro-
gress of the place The patronage and corruption which
the canal system has afforded the government in danger
of falling through by Of the railroads These
built by individuals and the public much better
than canals that they the rade retain which
the board OF public works reduce the canal tolls, and ask
that railroads be compelled pay tolls for the protec
lion the canalsthat is say, they ask that Ohio pro-
duce should market loaded with useless and
ony imposed expenses 10 compete with the produce of
other States Pennsylvania has pursued policy in
spec Similar refusing TO forward goods from New York
foes has excited great feeling against her in the
States that with the completion of the south shore road
probably in August next, connecting Michigan with New
York the Erie road Pennsylvania will be avoided alto
geher Ii is scarcely credible in this OF the world that
any OF should undertake to compel trade indus
try any particular direction by i'm posing restrictions
IT, In New York the legislature had the last to
remove canal tolls imposed upon the northern line
raoads and take chance Tor the business by chea p-
enng the canal expenses instead Of ncrea sing the railroad
expenses which, face OF eighbong competition, would
have choked oil the trade altogether The expenditures OF
the millions for eDlaTging the canal will be sad mis-
take The work, was. would accommodate all the trade
that the railroads did take and with the ex,inguish
men the present debt tolls could be remit,cd IL
proposed however charge those tolls with SlS 900 900
more principal and interest In face of railroad compet-
ton which will make the payment by canal t,is inn posi-
ble In Massachusetts the railroads built in few years
S53 00D and tie constant demands for money
that purpose kept the of money high In the last
years demand has Stacked up, and the supply OF capi
tai is much more abundant there The demands upon
New York Tor western account are immense, and
bonds and stocks OF western works orced upon the
market quite last. II not faster than is puden These
financial operations however, rapidly metropolitan
ziny the city in repect the whole country, and
tendency OF business and all commercial relations is to
conc entrare here and the ultimate operation OF the
great western railroads viii be aided by the blind oes of
the Pennsylvanians irritae Phadelphia The western
people Lite sympathy with her. and mono in her
tarH pretensions Good Ohio bumioou, coal is sold in
Cine matt fot half what anthracite coal sells for ia Pha.
elphs, aud western iron is made aud 'old, OF better
quality Tor less than sylvania and while she at
TEN pts to oppress The trade that will not pay ubnre her
pom pous claims fora duty iron only matter OF rd
cule
The exports OF produce have beea considerable in
this month OF March the month last year The
opening Of the navigation has given impulse
sh pments and frcights firm. Cotton has been
less 6nn under the large receipts OF the South, and the
crop 1872 672 bales in Of last year Pses
day close as follows