New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-25

ing very corcl1iIeiy thai, bad nothing been charged
teanst the net reveEucs OF the canals uu the cost OF
Il coDstTu sion and the annually acerung interest on
TIE canal dett, two or three years more, a; mc-t
would 20 cutie sufficient 20 redeem them entirely from
debt
~te net average annual income on al the Canals
/nce they fret opened to navigatoa IN ls26, has
been nearly million and bali of dollars, and the
revenues ave been gradually incressing from $780,,
635 O. the aggregate amount collected in 1875 until
they have reached 81 702 90 "a and had the tolls
NAMED the same IL 1882 II ls5l, the aggregate rsTe
russ Ct the Canals would have amounted las; year 70
a. OH III O. much larger amount than has ye. been
realized ard s35 100 IS mere than collected from
that source IN lejl.
peu6irues On the Canals bas rapidly increased and
+ il hoped that II will hereafter rapidly diminish, Il r.
nevertheless satisfactory know that the Of those
fzpeBGures calculated on the gross receipts has DE-
creased from @ per cent in le6 TO 30 per cent the
rlie Of lsf2
There was last year increase Of freight from tde
water on the Csnsls OF 20 l2 uns and, on the ssusz
10 tide water Increase Of 251,59l tuns over The pre-
yious yesr-makiDg grand total increase IN the bus
res last year OF 30 e63 uDs and an increased value OF
property amounting 70 $40 644,2f9. The steadily In
creasng business which naturally seeks and flows along
your Canas very clearly demonstrates that ;hese favor
tie channels Of trade no. likely 70 be altogether
peraeded BY the Of railroads however advantageous
" they may be located or however strong may be their
competition for freight The wonderful results realized
from the immense business your Canals sIrpass al
tie calculations Of their mos, guine rends and a.
ford the srongest ground 70 hope that the day not far
disart when the Important question Of their enlarge
neut and con- pleou Will be calmly considered and de-
cided Ia spirit Of enlg htenod patriotism. Too much
tine hss doubtless been wasted az this Session in the
discussion Of preliminary questions, having much
more counecon with passion and party than patriotism
T. cheering results Of our noble CaDsl system
ciufively nyincing my mind, Of the paramount i'm
portauce that exists Of adopting the rlies,
mert practicable udicious plan for early
pletoD For one stand here ready 70 DO all in my power
In sid q his noble enterprise which is deeply inter-
with all the important interests Of the state and
which ell intelligent fellow citizens have much a.
heart shsl be very reluctant 20 see this Legislature
adjourn, without maturing and passing such measures
absolutely necessary 10 secure the speedy accom-
pishment Of object in eresng and desirable to the
feelings Of every patriotic friend OF our Internal In
provernents
Wke;heq the precise mode of amending the Constitu-
ton brought forward by my friendthe SenatOrron the
second (Judpe Vanderbilt and sanctioned by the
orty report Of the Committee lie the best that could be
Devised for this object not shall not undertake 20
say ike it. provisions In the main, and shall support
il with my vote if nothing be presented here that may
seem 10 suit the exigency OF the case better. IL viii be
sufficient 10 decide my course in favor oft know that
il is tic most feasible the best plan that Is likely be
presented for our action this session, for hold that
we ought adjourn without some decided and cf
ecive legislation, looking forward 10 the early AMI sat
issctory completion OF the canals II ia due from
legislator having in charge temporarily the great and
imporRut public interests of tins State The people,
whose rerrefei taves and servants expect 1t OF
us The Democratic party, nay, the Wing party, and
intelligent patriotic Of all pares in all parts of the
State IN and out of the Legislature not only epec but
they demdRdt ofus.