New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-01-05

4
large Tolton Of he amount now due 70 me ssedl-2s q
the Sste mary o. whom hold drafts on the Auditor winch
have been dshonoTed or the want Of unGs Ie IeseHe
b. 90 make rdspeuuble Improvements ufon the canaa
Tie only wsy % procure the money nee lTy 20 me-
these press denaad' is 20 iepo,e "a whoa " =. th,i
row levied To- The support Of the wa amount
- o,s MIL the Ter % tie assessed Y'4ua-iol'
t IF ISL ISL 9
deem u great importance ?, secure m arrhcanoh 5'
% leat tus million Of dollars eur ay toward i'e eonp.t
nl of tie Gcrtsee Valley Canal. the Blsrs 4 FerN ai
and nr verent ana the enlargement Of the channes o
tie FIis and OsyeCo Canals TINS sill shout PERIOD Of
time eject these cCsrabe objects and relieve tf ehDal
ra,frfs On the Line OF the Enc Caaal asng from ln m
Accent sunny of water ard narrow channels ami enable
he toafp Il he b % carry their u loads ot two
hundred rud forty Many expensive works o. mere
arc ,sie5 ud.c5u or Of ~ rniiors Of dollars
s sum marry equal 10 The cisEra cot CT budne me
whole LTio Canal expended n ceua annual sums ~ e.
feet ihlfe great objects
Il, D. impossible 70 estimate with any degree O. A. rafy
the snoui OF tn Surplus tolls during the next * year
To enable the state 70 make on annual e1penI nIe OF one
million cf dollars Cfrss, 90 vii PROBABLY be uccss
a. h. rs,e IN each ys-r from Other sJnre. about
500 eco addition 20 the amount o. the o. plnstos
Different modes have been proposed q fa~s the sums
Necessary Tor the prosecution OF our phouc W0iss lue
LEGISLATURE nav, each year, lupoe' tax Tor tla p
poe or may borrow tie money under me ProfiHot 81
the 18th section OF the nh article Of the Soos tuition @nch
re1ure hst annual tax shiN b. imposed that VII pay
the interest and redeem tAs P-Ih.il. W." AZ 49,, -
rom the time Of the conuactoh OK We aeot "
nroposa amend The Confutuilou may he submitted of
people. which, by the terms oi the Constitution mast o.
agreed o. rs majority OF i've members tecte" ~ ch oI
the two Houses. OF two ds net snd consecutive Letss
urs and then submitted the people Tor their approval
ohec,ions e1s in the minds Of any changes OF
the fnsncil proy,oDs Of the Contribution s they A. ap
trehersve that they nay lad - the puvdent creation
offuTthcr debt or TO pospon> neH IN the TIME Tor pay
meut Of the eNLs.Ing DEBT
M spv am ndueut the Constitution shall b proposed
by the senate and A. 1nhy % enable the Legislature 70
horo,, money 10 complete Canals IA the manner SIX
se.tsd n should con form. IN al respects - tie proysous
Of the Couguton, n relation 20 The payment OF Che "a
indctteuets hy requiring the CREATION Of Sntinf
tuu4 90 Tey IL interest and redeem the principal of
oh tHeff
creation and the surplus tolls should - insufficient oT
6cieneN by e4uitihle tsXes.
Tle fsst.s ii the state are not ia s,sf,efory cond
ton lnl8li he STATE had ind Ar ne g. he support
OF ifs Government amounting 10 $500 s. Ih Ia been
sfert snf debt created which, on gre W. OF june ~
amounted 90 S5s4 go 81 10 e' fli.l th' aret o..
apart from the CAus REVENGE. - sinking fund p ply
tie interest ard redeem q zinc pal Of e General tan4
debt ircludug the loaus 90 tie Ea.irota Np1raules
ARer Oh. Canal debt paid, ths u -lJs co. u %
be slc IA eac yer og tbai Purpo.e 10 ~ss evidently
the tfutiou g the Convention % t.crItau and "a tle
amount Of ne Canal sud General FUND debt A. " eSsie
on he let q june 1896 AID % arrause me rktg FUNDS
that then annual application would Pay ne interest al
portion 81 Ire puucfa Of tLefe drDts I'D l5'tle Lt--
arTe male .oau e. $500 20 p-y az alleged ind Of
edness Of c Geuera fuud to tls Canal Fund and aidt
this amount 10 the prnca u the Gcnersl flud debt
Other ntc 90 he sarns ard tie plece ns So,
son suolnt.us 10 SIS s9 81, which WeTr added % &c
Pms clVa tie cgna dsaf- The cytsituiouay o. tles~
loan. has been ed aua roatEo' rred 30 otca reports
Without inlwnus MO ther propnety ~ his tome, 90 10
pr0pero me thlt they polsn beyond tine design
n 80 or, ufou the time within viii ID tAe calsl debt
c.r b. paid sud msk~ he SUM OF ss5 apart Av
thr IieT srd redeem PIE piinciral of he Geeai F1ud
debt. inadrqu o. .lo payf.cat o. tn llferlst.
lns'etl O. beng diminished fs debt - i.fcaaus by sc
cuuuatCu Of interest CT, II he of in'r,fs over
tie Geo pad o the general revenue OF rhr Stits
he rey fle cHptnss ot government are h@r D.
ltssrued AMI increased direct AVIATION Isde nee ssa.
Tie amount borrow ID " tie state since iae a. poa %
che Constitution ~ l5i exceeds be llt o.! dc9i PAID
by .he sinking FUNDS.
u spp~sIs tom tie report OF the Con'roer wcA v1
BE- submitted you at the expenses Ct the Stse Gov
enmtut the fiscal wear ending September 81 1857
cesdcd lfs rcyeuu-s about ~ ~.
The rer OFT IT that officer show TIE character Of o.,
e1peUdsrcs and he necessity Tor their Tttslchnrut u
Is Believed that many caasts upon tn 1feaEJ can Be ct
OF diminished. iLrf the expenses OF tie stsfe
c4raei Is must at dIAT IL bsuct.cuuns o. institutions
o. learlug and usyums ne uuiuflraic s11ects Of
utnll and physical Inhunltes or u must ilc.as re
amount OF IMPOSED for thc support Of 6overlenf
strct regsrc t1T economy AMI HI mandates o. tie
organic Of vital iu rorauce n republican Govern
mrns The CONSTITUTION % ouE STATE Tie h1rrer created
b. the ptlIfr Or their PROJECTION l.asG ill clDls
a. ur0us esislafJr The COu-cfsu0n OF th- Uu4led
Stsfss tie loud which holds theg tr cameron. n1,
pendent Safes o. tbs ccuiederacy. enabling then 20
IONA mere pet rct Whoa s.s.5 IL us l0ues
fc tranquility rfoflae tO- tie common le,se, promote
The :, welfare aud secure ne f.e1n al berry =
ard gos-cufv" Under RE terms 10 ls co r.ct
the different >'ales At the iuioH occupy TERRITORY
ueafly ccual the whole OF trr0pe have cHsea L.--
4nony ithsrari. grcaf diversity Their roniir0u.
puIsuifs cillsfc pfel- ;ols sni Domestic iustafofs
We pcEQrtlste our uLIy ~ 81 icrlon
ol lie OolsILSn " tee lIfed srs-s, fnd y c1n.siug
re 1co1 oi boftrtHc-t 70 lEoee tests d-s mated IN
he compact u tucu, I'D ~ Cd -fs 81 common interest
a. value r. al portions d thg .Eel. coHfedrglcv
Welfare 90 oUr state ma Nffor, VIII D. b-sr proulsled
byuei economy tAr clallct Of the al. g. ana bg
stgIC. uissu- iu-CuEnc~ cd OsLs-tu 5as. Lzw
ID .e" JlHho . ls-- hiEAllr cE4HDLE