Lewistown gazette. [volume] (Lewistown, Pa.) 1843-1944, 1858-04-29
I New Advertisements,
Sale of the State Canals.

, T. ne bill for the sale or giving away of
nom remaining State works, embraces the
sin EjaTs wing provisions:
a o. &C. l. The canals shall be sold to the Sun
,Sy and Erie Railroad for three and half
e. ,flons of dollars
~ w Sec. 2. The company shall issue seUen mil
20 n of bonds, secured by mortgage on their
te, ID, (already mortgaged for million of dol
j ,ijs,) which shall be deposited in the State
2rot' sasury.
see uSec. ). They shall aisc give sundry mortga-
"a q. oa the canals for sums amounting to two
avg lions, as further security for said bonds
toy selling any of the canals the mortgage
po "a. 'reon is to be cancelled, and new ones ia
no , a from the purchasers,
hiz When the road is ready for superstructure
attai m Williamsport to the Sinnemahoning,
- ID additional million dollars subscription
eN3 its stock, half the canal mortgages are to
ca. .nF3rrendered-and when ready for super
,.otructare from Erie to Warren, the remaining
canal mortgages are TO be surrendered.
The State is to receive three fourths of any
increased price received by the company for
the canals above that fixed in the bill
4th section provides for a transfer of the
canals, &c.
Sec. 5. Grants corporate powers to any who
purchase the canals from the railroad compa-
ny.
Sec. 6. Three engineers, one of whom shall
be the chief engineer Of tie Railroad COns-
Pany, shall report the probable cost of COM
pleting the road, and whenever they and the
Governor decide the means of the company
with the extra three and half millions of
bonds sufficient to complete the road, the
Governor shall surrender to the company a
million of the bonds. and the remainder as
the work progresses-endorsed, orer the Sig
nature of the (JOpeJIOT ETsSTED ny ArTuoRtTy
OF LAw!"
Sec. Z. In case of failure, by the company
to pay the interest for ninety days, the mort
cages are to be foreclosed, and works and
road sold, after thirty days notice, together
with all the franchises of the company
Some democratic papers denounce this
measure in strong language as a scheme of
the old Estate robbers" to ill their dilap-
idated purses. In connection with this sub
ject 1t may not be out of place to remind
our democratic friends that previous to the
last election some excitement was created
by our charge that DIR. Bower, if elected
would vote for the Sunbury and Erie Rail
road loan, to which the Democrat of Septem-
Der 10, 1857, gave the following explicit de-
NAL, and subsequently prOfessed to have the
authority If DR.. Boaeer for general de-
NAL of our charges:
eve have FULL AUTHORITY for saving
that DR.. Bower will not vote for any appro'
priation to the Sunbury and Erie Railroad
Company. No such project is or has been
contemplated, and no such appropriation ask
ed for by that Company. This the Gazette
knows as we'll as we do-and vet it has the
unfairness TO allege that DR.. Bower is commit.
ted to such action. But further, our candi-
date, DR.. Bower, is opposed in toto to GRANT
ING THE CREDIT OF THE STATE, as a
loan or IN ANY OTHER SHAPE, either-to
the Sunbury and Erie Railroad Company, or
to any other corporation for any amount
whatever. viii the Gazette do the democrat.
&c party and its candidates the common JUS
tlce to say SO, now that it has repeatedly al.
legged and insinuated the contrary"
As DIR. Bower voted for the bill as given
above, we leave our readers to determine
how much of gift it is to the Sunbury
and Erie Railroad Company, and how far
it tallies with the pledges given by himself
and friends last fall as to his course as y
legislator!