The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-15

eibty i've III me laws of me year one moo
eisb' bunsrsd and nfy exoeps To pay for work
dne materials fsrnhed prior ~ the hrst day ofJuss,
tb, eight bnDdvtd and Of rhe rSt Of to
on Jerors and property transported on he cSuas snail
DOT De redu Cd oeos tnose tor the thousand
lab, hundred ana my two except by Cana, Bard,
sub the concurrence If the legislature All ONT acts
Tor work OF materials on any cana shall be made vim
De rs1n DO shall fer 10 DO provide the Same ~
the lowe price, with adequate security for their per-
o,nsice."
Upcr the provisions Of these three sections OF the
apsr n Of Inc surplus OF the canals each sca
jea, AID are cop,n,uuopsly pledged and appropriated
70 the objects ana our ses named
Tie b'st section te,s apart out those revenues Aer
he let Of tune, 1860, In each hsca, year, sink ne
und to poy The ,erest ard redeem the principal or the
oeb, called 40 exh ted the 1rst day OF Juno,
SO, the eum OF 81 ZOO. 0O0
Tie second section directs that after complying with
he above provisions there sDA DO appropriated DOT Of
ho'e revel ues IN each fiscal year, nmenopg the
ntttay OF June TO the General Fund Deot SINKING
uno the rum OF 1885, 600, until the contributions 80 the
nal DeD sinking Fund.- apart under section
bah be ~ oieht 70 pay the interest and expsuish the
Dtfe pJn' pal Of be canal debt OF ls46, when the
psl ribntop from the surplus canal
General Fond must be 81. 500 600
The third fecon appropria'es the remainder Of lose
evsDues each fiscal year. much Of them may
be required, a. sDbng fuDd, 10 pay the Interest
tails one and extnansh the principal within eighteen
ytDs Of every an under this section. When all
the oAps tba have been made the interest those oaus
10 ne sppos contribution for their redemption viii re-
TO tbe General Fund for toe support of government,
.ac,0to.
and quYemepts, the surplus annual revenues OF inc
cspAs nust amount to three millions two rtred and
seventy thousand three hundred and eighty nine
dollars and seven cents, (83 277,3S9 OF
The surplus revenues OF the canals have not at any
period be since lsse, amounted to this sum- ana
be justy feared thew will not for to come
less efficient and tf Give measures are adopted aSd
rsdy pursue1 increase the receipts from tols by
reouom ss lar be done. the Of COL.
H.. auCeyiDep0epO0
proot the Sale from suduent practices and other do
vHes evade he ay men, OF ast dnes Tor toe use Of the
canals.
rHR xIpEspruRI BY CANAL suYrRryrupTvm
Tho foregoing statements present the very gratifying
result OF under tots head OF expenditure,
the late and several preceding years.
1854 The exp nses for repairs and superintendent
were s4sss 40, txcuave Of $llb 900 laid out tor en-
haovr mary repairs.
IN tet ..sIss,7St ~
Pad 10 repair contractors. on iSer contracts 81
The iums Jad TO the superinendens during the lat
oca ear Include s47 a9 II for repau Of breaks 10 The
canal 10 May and June last the AMI western
dvi,iors Of the Eie canal on the Chanpls,n canal,
where the repair contractor abnudt biz contract and
n ss 81 oe ~
Occasional mt rrupHons in canal navigation WIN take
place. proopced BY Effectiveness Of structures, the yisld
Ing OF embspkmens to floods, caused In.
pt,onay BY m,schievour and lswiess individuals nom
sinister ana Interested motives but thee cannot be
The txpeI ses under this head during the past year
Will bear favorable CON psrson with those OF Ike cha
se puS N s .S g. o.
sior spother attempted resumption In 1851 and 1861 fol-
lowed by another suspenson did OF necessity, where
The work was pus under contract and the contractors nj
lowed 10 enter upon their execution, oduce disorder
and Confusion wherever the cbspr oil Of the enlargement
" occupy the whole or any part OF the bed OF the oo
canal supersiructures, such bridge abuiments and
cpvers, were taken down and removed TO give place 70
works the old banks brokcn up be removed
to the lire, in order give The required widn and
depth 70 the proposed ohabbe Where The line OF the
ss e. .ss many pIsces IN ssS &c conoaon INC p,osre
the amount OF several hundred thousand dollars given
10 The consctors were refused ps' Mt for the want Of
lupds, alleged. The cont actors Of stopped
vors when the STATE stopped pay ment this condition
OF things wss the hrst duty OF the Con mssiouess
o,her TO ouroes the state failed they iou aaey found
The constitutional repair fund sufficient 70 mecs The dc
would neither accord with the truth nor the opinion
OF The public 10 that oil the a,gc for repairs
au,Ii the r:st six year were properly attributable to
Of ibsm were, aprears both rational asd probable.
Tho charges for extraordinary repairs with The 10
gal conhoi OF the Canal ard those known ordins
ry repairs subject 10 the direction Of Canal Com
mFsion's, acting ,ndisidusy upon their respective dvi
sh and board Of administrative cflcers. No new
work OF c1traorc.nry character can be underakes
without the SAL ciop of the Canal Beard and money
be advanced 10 q superintendent except upon . dc
tailed etmaie spec1y Ing the particular Oh eos and par
posss, 10 character and 10 and sJr which tho
onsy 70 be applied and used which must be approved
ard certified by the Canal Commissioners.
No advance OF money upon Q second esumste can be
made toa superintendent until he has rendered an
before placed In bis hands for yu Die service and all
pay mcuts made by him must be approved and erided
The department FOR audit and settlement The system
bss lorg betn In and 10 believed 10 be quite per
set n legislative ensetm, ut can make H. The sdmnis
uaisn Of the systcm n ~ be vicaocs while the system
Rseh may be iauipess
RATES OF TOLL
careful revson OF The rsios OF toll on property car
Audiior the Canal Beard Inc staasoa results of The
bu,ins Of the last season Will be prepared and printed
his important subject with view bo.h 70 revenue and
trade II IS believed that the chsnses and Reductions
which have been made within the l,s, Ave yos,, have
carried the rates on several ARTICLES considerably below
lair rvtnue standard, while ths trads hAs not been
materially increased
Tho reduction OF The IN lss, which wse called nor
In consequences o the opening Of new shannon Of
ncaicn by water reaching tie productions OF Tho West
ne frse canal from oversees SroSsR osor osaDn.s ana
consequent rodnctkn In he aggregate Of the
hoeo The kss o. busns,s wss Dot shen very dilcult
matter for the Cana BoAsd the Comm aopers Of the
Cana Fund 70 collect Official data and rorabe facs on
which TO oct in fang The rAies Of o 70 preserve the
70 The Of carriage rssAbuahed rsos on ibs hno
leading nom the sea board through o4her States 10 that
ana qu,scrs Of tbs so-. wee men o. cav ,o,nuos
rot believed ths, any reiuctoo In The rSies Of toll
thh would necessarily d'nrish tsc assressae amount Of
REVENUE, IN be present coDdhion a canal debt md
canal nusros cap DO jusnsd By sound and onIghtcned
view q pablo policy. inc constitutional pledge oano5
revenue sose. so~ no. sbs .mo a ,oe srssus
ton mainly With reference TO Usds
become v,ry uoh increased sud pcrpesod BIZ ossaco-
OF comesi'c oririn and home poduciion.
II cannot be eSpccted thsa any rata, however os,
vruld uli7 saefy The csrrykg inierrsi and especially
when the, rate AppEcd 70 srrc subject 10 rsl~sy
ooupeston Ana yet graduation ana sdjustuopt must
rcvenoe.
II The sase Druid excs, The rcvcr q discrm nation "a
on The canals aud 10 nsed quantities 40 tho rsroaas 90
IN their chargee cr vshpcrssoe, como portion OF the