The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-26

m.nsuou sbe democracy met here rsfy SEAL be
sus he Erie canal vas completed Thai ". 10
1875, end ihe democratic party In power 1875
t 1885 During that time the debt for The construction
OF the Ere canal was either rd or else To pay
provided fer. The lateral canals menced aud
we only debt whom the state handed over 70
We had commenced the enlar cement Of the Erie canal
the CID fashioned democratic pay 60 policy, by
voting tho surplus Of the Eric canal 10 enlarge
mer or me canal e and she pleuon OF the lateral
canals In the year 1885 the Assembly Doc 1884, %
referred to the Canal Board an application 70 the LsgsA
tuye for snip from Oswego 10 the Hudson
The Of Canal Board which was ad verse 70 tue
application and In favor or The enArg sent Of the Ee
CANA, closed with the Two following significant para
graphs
I'm uygng upon the consider Atom OF the Legislature the
Of authorizing at he present session suoh an
.Ary adapt 70 the Increasing trade OF the country the
Canal Boad desire 70 have distinctly understood, that
hey do nos recommend such an expenditure OF money
upon this work will interfere vita the arrange ents
In progress for accommodating sum sufficient 70 pay
the Erie and Champan debt and for restoring the
ceeds the canal fund fer 1885, as and a7 Will probably
be sufficient to the balance Of the canal debt and meet
she on the contracts ior aouong .ae loSks
restored TO the general fund the prcpo'ea amendment 70
the onsution should meet the sanction OF the people
tolls will be sufficient Tho disbursements necessary
for improving and enlrgDg the cAns without having re
course 10 new loans for that purpose
Now that exhibits tho de no raliu mode OF mauasing
the canals find that the Commits ioners by whom
that policy commended, bore names familiar 70 the
democracy OF New York. They were-Wm Buck, s.
Van Rensselaer,, A. Fisgg John A. DIX, Greene Broa-
son, William Campbell and Mcasel Hoffman. rney re-
commented that that policy should be pursued Now,
bear In mind that had but S2,coo goo Of debit The
Erie canal was completed the lateral canals pro
cess Of completion and this the mode recommended
for the enlargement Of The canal
Now what do you suppose ,uld have been the conse
quenee that policy had been adhered seP Let me call
ras presents in such light, tue between
the democrats policy and the Seward poicy ihss want
you 10 remember when the tag gaiherer comos round
for impsFssnt 1t this time 10 10 aending him
round-whether, In fact, he 10 republican democratic
messenger. Taking the surplus revenues then, OF the
canal fv the time OF the Recommendation In 1885 10
1876, they amount to some $50 900 600 rhe whale
ing the Osweso canal the Black River canal the Gneses
Valley CANAL and the payment Of the debt which due
s the time Mr. &c -ad took possession o. the STATE would
have been less than the Of th se by
$1,000 00c What would have been the consequences.
iheD n the democratic pocS hsd been adhered 70 TIL this
time? We should have had all pIe canals mpie.ad
should have had ne. annual surplus OF 900 ths
been than sufficient revenue from the 10 pay
Ire expenses Of the government We could have reduced
the canal tolls two thirds and should have been free
from debt Let me exFib,t these facts more fully -
starting with 1885, the whole debt for the Erie and
Champlan canals OF only sbou: 81 90 900 dx been pro-
vded for and the Then exisiog deot for othe canals
about 81 $50 COO The figure! coupoanz ire following
table 1866 Inclusive taken fro pags l9i OF
document TO- OF the Senate OF 1857, beir the A1nuA
ade by the Auditor, Of the duancss OF the canals
Tho figures after 1855 ex,ept the debts umed TO be
paid, estnttes-sne estimated cost Of the csnsh
FAMED being derived from the best sources With these
remarks, the table will explain Itself"