New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-03-26

or the transportation Of freight through tois S,.s
they monopoLzed nearly the entire carrying tr,d. ~
the West and their buspess and revenues insrs~.s
with great rapidity. 10 1851, Q, tins vhe. n -.
supposed that the speedy enlargement Of the IA. 80
Oswego Canals were secured beyond psrsl ys.t,,S
tos and restrictions were renov ed from The trs..'
taiop Of freight by railroads, and they sere permts
TO enter the Lists a. free competitors With Ae E;s g.
nal for the carrying trade Of the West.
Upon this, preparations were commenced IN A.
several railroad line- for the carriage Of freight
gigantic scals. and not limiting themselves 70 80
articles a. could be carried pro6sbly, and would nss
u,sly see such s<enues of transportation hey ka,s
left TO means unried 10 divert the business fro A.
Canals, snd draw il 10 their avenues at .rssano,
taticn. Regardless, in many instances, Of the ons.
ton whether money was 10 be made or lost by ~
operation they have carried and united the transport
of many articles, the sctu al cost OF the trsns
poftaton Of which exceeded the charges made or :.
siled therefor. That course of policy, by whaeysr
selfish motives adjusted had, und0u btedy for ia Ok
sct the diversion Of trade from the public work. AZ
this State. Whether II done, AZ any cost 70 svsD
up The revenues OF the roads and, by the exhibits,
OF large receipts to enhan ,e their credit a. horravs
in the market, or TO inure and impair the reyenues
the Canals snd utmstely TO destroy their credit, n
equally demands The attention of the lie gis ature s
resut of such competition and transportation OF irsx
on the railroads is spparent IN the diminished aud a.
mnisb r. cepts and tunnage of the Canals, and thu
ncreases and increasing receipts and tunn,ge apoo
the railroads.
In the Annual Report Of the Auditor o. the CsnL
Department, presented 10 the Legislature on the 2as
Of January, 1851, Assembly Doc, No. ~ Is Goa.
taiI ed the FOL owing paragraph, on page II:
The Canal Board Ia 1870. presented % the Assembly
esbose report The prospective Of the Csu
which they arrived the conclusion from their rs history
thst 10 prudn 30 sotcipste at least fos the period
81 the tolls Of the Ere and Cbsmp,
Canals the rate OF per cent per apDun for each pef{d
yess-bs Is 10 that The general result tor
yess woao be equal ~hat the tolls Of each ~cst
cscusd az th, rate OF increase from tae seventh
or, pg wear Ttescu. resist OF the seven yess embrace;
10 the e.timsie fell ,hct o. ser sntiepaion' onJ hls
mole hsa half. million Of dolss In sros sn1no OF
xttOOO This remarkably close apPronma,iin 70 a.,
tua fesu in esmse 70. 90 orgs period embracing rans
OF such usssnude Bus the results OF 10 the expe
cree cre fully us, the general correctness Of tue views
bted by the Bringing forward the eomputsn,ns
the bas estimated rate OF me- ease II and thit
IN fe whole period from the opening Of the canals nadx
lesO the seiusl OF the Erie sud Cham.n Csn
have Il progressive ncr, ase AZ per cent per
for ssch Del rcd Of seven years by the of 7s2 o"
The sctusl increase in fact over per cent Ar
plvipg the same principle of estimate for The ensusg
seven years founded the actual return, OF thsps
cedipg years the following results are exhibited Tbs
rate of toll in lsj2 having been reduced az general
average Of about 10 per cent an additional column
added to show the difference TO be made for such de-
tlucton in the eetimate-oIe column for tae ae,rl
amount received, and anotker for the amount Of the
constitutional appropriations and charges on the rev.
erues: