Wabash express. [volume] (Terre-Haute, Vigo Co[unty], Ind.) 1841-186?, 1859-01-19


". .aid 10 an article. riiisn fen days ago.
hat a. the Trustees Of the ". Il L. Canal lad
deteruiusd TO sbandop this great work. II was
n matter Of the deepest interest 10 this portion
Of he state, to kno~ sLat disposition the lie
.,.,..urs ~ill make OF il. Shall the Canal be
l-p, 10 repair. or .hsll il b. suffered to 90 in
TO deesy' These are sue-tioss. and q"ss
mona demanding Immediate attention aud care
fui confederation
o. lsst Thursday the Trustees made their
report 20 The L>gisisturs. and ve are indepted
to the State Sentinel for the following synoP
els Of IL:
1.-The resell. Of the yesp business shows
deficiency Of SO 900 compared With The
COS, Of maintenance. This result was IN
creased BY the extra dsmsge done to the canal
bx the great June food. hich also interrupt
cd the navigation for nearly ninely days.
The deficiency Tor 1851 wss aboa, hfty
shoussnd dollars.
The ~st.matsd outlay for r-pairs ard OK
psn.es of mainiensnce for the year ir95 y
.bout sI55 900. Of which amount about $685.
COO will - required in the southern division,
bowen Te,re-Haate aud Evansville. and the
balance Of s62 .0s0 between Terre Haute and
the State line Allowing for considerable
increase In he tolls end water rents IN 1888
over ls5s. still the deficiency Of income to
cover the expense OF maintenance. would not
be less. probably. than SO 600 Tie trustees
lad on hand % the LIT December. ls5-, OF
IL 1T
which has beer nearly exhausted 10 settling
Up accounts TO the lot of January. During the
winter there i no income arising from tolls a.
the canal is closed. anG wing 10 the reduced
quantity and qsslly Of the lands on hand.
verv LITTLE can be counted on from that source.
The Trustees have not. therefore. the means
Of opening ADD maintaining the navigation OF
The can.I. and tiev have ho expectation OF re
eeiving enough from the tolls aud revenues Of
the Caual for that purpose. The great decline
in tolls and the ruin Of the Canal as a reve
nue. measure. is a consequence. in the opinios
OF the Trustees. IF he Railroad competition.
For the year 1852 the tolls amounted to
Sl92 400. and had increased regularly from
ls46 up TO 1852. both Inclusive, 81 the rate OF
sieven per eeat per nnnuu. which Fas Of IN
crease. II continued Up to ieSs Inclusive,
would give for hat year 1853 600.
The receipts 81 she For. Wayne Office alone.
where The incoming good were entered. aver.
ssed for several year, previous to the opening
Of tie wabash Valley road. about SIS. 00) per
snntm more thai the receipts from the hole
line OF canal Tor the Inst two years. Since the
opening Of The railroad the receipts that
Office have averaged about ; is .0O0 per annam
ouly. Tn. receipts at the I.afafayette Office,
which ~ss tho principal exlor,ing effce for
corn. wheat, pork beef. dc. amounted IN one
year, us33.) TO 81 900. aud for several years
previous to s55. ranged from SEQ 600 to SO.
900 per snnun After the opening Of the rail
road. the receipts at this Office were redseed to
about SO 100 pr aunum."
The above figures show. that for the future
IL can hardly be expected our bondhold-
err will take any further interest in this Ca
nal. unless they are compelled to. unde- The
original contract entered Into between them
and the State ia Whist Is known as the Bs Ter
bill. Of course they will not. They will ad
vance nothing to keep up our Canal. As long
a. il would pay their iGtcrest vas 10 keep Coz
troll Of 1t. but when IL was source Of expense
"a them their interest immediately stopped =
We Suppose there - about much human IA.
tare in bondholder a. in anybody else. III
the Canal j. to be kept in repair il viii lave
TO be done by the State. by individuals. cor
porations. or associations. Nothing further
can be expected from those who have had The
control Of IL for the last several years. The
questions are. what ought the Legislature TO
do. or What ought to be done