The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-01-05


Total Observation-Disclosures COS 900
equiv aent to State tax of nearly two mills the dol
lar of the valuations Of 1857.
The above estimate of twenty-sx hundred aud dty.dve
THOUSAND dollars does include all the damages for land
taken for the construction and enlargement OF the canal
which supposed, will require 81 600 600 additional,
and that $500 900 will be requaed TO pay the fifteen
per reserved out OF estimates Of work done under
contract
If these figures to be correct, obligations to the
state the canals alone (withou any estimate for work
vet be performed the completion thereo!) large
mar, OF which ebgatons have regardless
that part constitution which provides that no debt
shall hereafter contracted, by or behalf of tois
State unless such debt shall be authorized by law for
some single work, object, TO be distinctly specified
therein and such law shall impose and provide for the
collection of direct annual tax, to pay, and sufficient to
pay the such debt as il falls due and also TO
pay and discharge the principal Of such debt within egh
teen years from the time of contracting thereof.
Thus without the power TO create debt, unless first
submitted the people debt has been created for canal
PURPOSES without the of payment in the Treasury,
or at the command Of those who made it, and Il requires
your early and deliberate consideration as 10 the mea
necessary and proper to be adopted TO save unm
paire The public faith lor under 10 creqnss1ces vii
tie State of New York ever refuse N Acknowledge and
pay any all Just claims that exist against her that
may have been contracted by any OF her authorized
agents regret the necessity FOR tins exhibition of the
financial affairs Of the State wherein is shown oiting
Indebtedness such magnitude; but justice TO legisla
ture that will be expec. ed to provide for its extnsnsh
ment requires that it should be stated.
From information derived from the State officers, am
led believe that million of dollars for the Erie canal,
six hundred thousand dollars for the Oswego, two hun
bred thousand dollars for the Cayuga and Seneca and
three hundred thousand dollars for the other canals
would essentially complete system OF canal enlarge
ment except portion Of the Erie, where remain what
are called wall benches, which the slope protection
wall is built the inside bank of the canal The
removal Of these has been recommended in former OFF,
ca reports but will not be necessary for the immediate
purposes Of navigation.
am also informed that very essential advantages
be attained deepening the whole of the channel of the
Erie canal to feet, and by leaving the width Of the
small portion yet remaining 10 be widened at forty five
fee.
The cost Of this partial enlargement is estimated for the
Erie canal hundred thousand dollars, in which
be included twenty five thousand dollars for deep
enng the present channel through the Cayuga marshes
lars would deepen the Oswego canal 20 six feet Both
these be eXpendad before the opening OF
ton in the ensuing spring.
Another mode OF prosecuting the public works has been
suggesed namely six feet OF water the
oswego and Cayuga ard Seneca canals and TO proceed
with the permanent work the Cayuga marshes dur
ng the ensuing winter, All Of which 1t rs estimated viii
cost FIVE hundred thousand dollars and then to provide
for na completion Of the canals by the spring Of 1860
deem vastly important that system OF canal
largemcut should be pushed TO speedy completion espe
ciaiy when the amount required is small compared
with the millions already expended. No other of
Transportation through state compete with the
Erie canal particularly when, by its adaptation TO the
PURPOSE steam shall be successfully applied in its
CATION and cannot strongly urge upon the Legisla-
ture the necessity of devsng ways and means TO
psh so desirable and necessary result If at this time
no other obligations of the state were claiming your
immediate attention, except its funded debt and the
ne lustn pF hcths VI ~tA uP'h OH tu' iS"i
and personal property Of the Sae-the honest and con-
eeryatve method Of paying for necessary objects OF this
kind and which believe the people OF New YORK are suf-
Gcieny ready and wiling 10 bear provided they can have
reasonable assurance that the proceeds OF taxes thus e
wed and collected will be honestly and wisey applied to
the object IN question IN Wow, however, o. te errone
Gus estimates Of the cost OF The canals ana OF disappointed
expectations ID regard 10 the Time OF iner completion,
your iosltoh, III auo'lhs ne~ ioi ~
nuspotsaDie an ooect 10 one Vi ula anu
But we cannot hVolu ana snouiu Aol sHih~ Ho inc us
charge, OF an imperative duty. .,,
iav'ne nus Ei.en So mn ~. .' =. ~ 49,, ~
obgaons Already created LOT cuaI PURPOSES az wen as
approximate estinaus LOT cnaerucuou ootu lor .no
compete ana LOT tne paruhi ehargeineh', eaVe ln9
ms'tef where ~ oeVngs win an az uice hat you WIZ
hot IAN W p.osluu 'ae "easuly WI III y. ~ et ts
M ~, ulyu ~ ny pop ,.' , ns VA.
,g,,ai ,h "h,e hy ,nodsratteitv sn,rsad over 80
" ~; ON ~ dran, OF he nsti,,,ion ,
vi ,.ys,, W ~ oa l,ra,'a 40 loon 49, ~ 80;
49, n h areh o.,a W corr,a q, vn, ,na lie. CO..
,h ,aonorsrv or nermanen increase o Tho @.vanue iO
wv afy vi ~ ., " W. !, y. % NJ
hoe a,ovs hean Won't as sensra,e ,ern men H. noo
IF tbe cyai donar,ment becase n WINS cnnsde-ed I,,
,ha Inc nonev so axnendad shond Ie einhnrsed hv ,e