The daily press. (Cincinnati [Ohio) 1859-1859, 1859-03-02

we are informed, the party that appears
in the movement before the legislature,
the object of which is the abandonment
Of the canal from Broadway to the river,
and substituting a eulvert in its place,
lIpon Notwithstanding to the programme
- n street is to be constructed. OF course,
the Council is not the author of the pro-
position; the dullish persons of whom
that body is composed being implements,
not aceIts-things that, before they act,
need to he acted upon. Wehave heard
that there is an arrangement among out
siders, 10y which several extensive jobs in
prospect. are married tOgether---to be car
ried through by log-rolling process and
general combination of forces. Wheth-
er the reseryoir project, or an outside
park proieet--a thing by no means yet
abandoned 1-or some other or all of them,
are in the category, is more than, as yet,
has trans pired There is feeling Of
strong need with some of those who are
accustome d TO operate politically, for he
proceeds of great swindle Times are
hard and finances depressed, and they
are fully OF the opinion that something
must be done. We are, therefore, ap-
preaching one of our frequently recurring
crises The fact that an election is at
hand, is made use of to operate upon tho
minds or civic legislators, anxious to stay
in Office and there is reason to fear that
we are about TO be launched into series
of costly and thi.iftless enterprises
| There probably lies, at the bottom OF
the canal schemes land speculation. The
State does not own the fee of the land Oc.
4 cupied by the canal, but simply right to
y use the same Tor purposes of commerce.
This use abandoned, ,the right of the own
ers OF the adjoining property to enter upon
| and possess the land covered with watel
becomes perfect The State can not max,
to the city title better than its own; anc
tile only mode by which the city can be
come the owner Of the fee is by purchase
Of the individual proprietors. Such bein!
the case, when the city, at the cost of three
fourths of a million of dollars, has bull
its arch and Eaid out upon it magnifcen
avenue; that avenue will still be the pri
yate property of the owners Of the lot
which it adjoins The city will have it
! debt for the money borrowed to carry OF
the work, and the right to buy the lant
, at an appraisement; and it is not at al
unlikely that the hope to realize prof
at this point of the transaction, by som
knot of speculating politicians, is tn
. handspring of the whole affair sa
: Beside the influence that has .beei
brought to bear upon the City Council
: there is evidence that pretty strong an,
: wcll-arrangcd effort has been made upol
the legislature. The matter has beel
} caucused thoroughly-so it is said-upo
! the Democratic side, and many member
. of the two Houses have been brough
down here and feasted at the expense Q
the corporation. They have been, as ia
as possible, impressed with the idea tina
the plan is one that meets the approval {
, the entire population Of the city. A
!: this meaes roguery The thing looks lik
the work Of the old masters, and it is nc
|; difficult to believe that, if it could
= probed tothe bottom, experienced hand
+ would be found among itslcontrivers.