New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-01-04


in consequence o, which larger debt than was >.cs
ssry has been created for the enlargement Of 40 ca
male and their Dletion has been unduly po <ponel
The result has been TO impore heavy bu den moon
the people without their having thus far derived AL
the benefit which they anticipated. II ere mi,takes
are however, matters of the past, >nnorant 10 ma
only from the responsibilities and d. Iies they impose
upon us.
The canals arc to remain the pr csy of the State:
Their s'pe inexpeoeDt At sny hse even il permitted
by the Const tuition, would ~ donbiy 20 NJ a period
when by unwise legislation ard uncontrolled conpeti
ton their revenues have tcen reduced TO the lowest
point and when tnelr Nopetiop, now so coon TO De
realized will enable 40 reap the fruits of the scri
fees and expenditure Hitherto made II is both prac
tcabe end advisable 20 entirely complete them before
the opening OF nae ston in 1861 and TO obtain on the
Ere and oswego Canals the fell waterway Oh seven
feet IN delih by eyenty width before the opepng
Of navigation ~ presen, yesr. strongly urge that
thin be DONE even if il should be necessary TO delay
,he opening ~ IL passage of beats few days ionger
than ord n'lry.
The nm on. of interest on the debt which the Iegis-
lature bAs annually to provide is as follows:
On me new csns debt OF y u vtoooc, contracted
On n. seat: fund deb, oass.6is sinking
on ass loan: con as;ed to ncci casual deG
& s 0 sns ss for Sockbeidse Indians Also
81 ",do 90
The interest on tie old cana debt is provided for by
the Surplus of the canals, but, under the
Constitution wbat remains of those revenues after
paying such interest, goes To the SINKING iund or tho
redemption Of the principal. The lsw under which
the recent loan Of &, 100000 was made provides fer
the levyng Of sufficient TO pay the interest," and
the contrbuen 10 the sinking fund 10 redeem the prn
opal
The re IT, then needed:
For the completion of the canals $40 81
For the Of interest On the debt pot other M o o.
wise provided Ter he; 90
PeimHHeni I,eNN ~
ro,,l-....... "a 1894 rs
OF the amount me-. ded TO complete the canals how
ever, TO, than onehalf can be adv antage0usly
expended during the year. Deducting, therefore,
$Slg, &sA IS from tie above aggregate, We have
So l3 $50 o. the amount to be raised TO meet the
curreD. expenses of the year. TO which must be added
such ext aOidlDary appropriations any, az are mace
BY the present Legislature. The general fund account
deficient boai 49, COO at the end of the last fiscal
year. -
twill also become your duty TO provide for the
payment OF advances By the Manhattan Company for
interest," on the stock issued IN ls5i aud Tor other
amounts becoming due thereon, unless the Commits
siCDers If the Canal Fund shall make loan for the
purpose. Tie whole amount required will be %l0Ooo
The sys'em Of economy and retreDchment, which
IVES vigorously entered upon by the Legislature OF
1859 should lie continued, and tue expenses of every
branch the Government reduced 10 the lowest point
consistent with efficiency. While Judcious appropta-
tons should be made tor the CT artes which usually
depend in upon the assistance Of the State
and bich 81 lot y CONDITION TO dispense with 1t az
preteni new objrcs Of expenditure however proper
and deserving should be delay ed till can Ais
completed taxation for the pay ment OF interest ceases
be necessary various slukng funds are brought
into healthy condition, and the general fund If made
10 prestLt a working balance Instead OF a continued
dehc epcy. But especial should be taken 10 incur
expense and make no aPprpnatons without pro-
vidDg the money TO pay them The proprlety OF such
q ~ sIem NUT be manifest to all. NeGfork posses
tes rtsources revenues independently Of taxation,
which adequate TO the pay ment OF the interest Ad
principal OF all Der existing debts if the support
OF her Government, and it only requires just and
faithful administration Of her affairs 10 secure that
result. 49,
in II position OF the railroads with reference to the
transp ration Of merchandise. While some OF them
were allowed to carry II during the entire year with
out limitation, others were permitted to 90 80 only
WI eu the canals we're closed aod payment OF tolls
while one At least WIS absolutely forbidden TO carry
freight at all. la 1874, however, al approach TO
Uniform ~ stem was made by giving ~ all roads
that cid not revious possess 1t the right to transport
freight during the suspension Of Canal navigat ana
by fequrn all tie railroads along tue line OF the Erie
and Os~eeO canals to pay the saae rates per mile on
Ireg bt ported them it would have pad II
earned ON the male. In 1917 all railroads along the
GENITAL line permitted 10 CARY freight the entire
year. required pay tolls. La 1851 the same pro-
visions We're by The general railroad act made app-
cable 10 all railroads running parallel TO and within
thirty miles of any canal In 1851 all tolls were ab0-
ished upon freight Carried railroads. under the
thnt the from The enlarged Canals
would prove udeq 10 the payment oi the interest
upon the canal debt.
During the time that tolls were imposed upon the
rahOads the amount received from them by the State
steadily Increased from $lO45S A in lsi5 TO $685.
237 ~ in 1851. 90 the through freight carried the
whole length of the line Of the Central railroad IN
1857, the Tolls ut two-mi rates, would have been
$il9 $50 81 and in 1855 $440 avs IS. On the through
ireehts carried the NewYork and Erie railroad
in 1857 tie tolls at the aane Fate would have been
abou, $3.50 co.
Slice 1851 the tolls received from the Canals have
steadily decreased from 7U3 959 81 in 1851
10 s2 2SO So the amount in 1859 though the unnsgs
has remained about the same having been $751; 3tuns
in Il 81 and 3tbj 1872 in 1893. The Uss tolls has been
caused BY the diversion from the Canals TO the Rail
roads OF large portion OF those classes OF freight
Which formerly paid high tolls and which the heavy re-
auctions in Canal tolls failed retain while the tuu
mage of the Canals has been maintained by the increase
IL these cl2tses Of heavy freight which the Railroads
cauhot probably transport. Examination shows thst
the iune Of the Railroads Is largely in excess on all
castes of freight except the products OF the forest and
vegetable food that In the Latter class the
RailIosds are gaining rapidly.
IT, therefore, the constantly increasing amount OF
freight carried the Railroads has occasoned cor
reelodlug diniDution Of our Canal revenues until the
interest Oh the Canal debt formerly paid from theee
revenues has now be drawn by direct taxaY from
the people is there lot ali imperative necessity Tor pro-
hctive legihation1 i cannot doubt either the wisdom
or the justice Of reimposng, for few years, moder-
ale toll per tur, during the Of navigation, upon
ali freight passpg over Railroads competing with the
Canaan requiring these roads TO pay aggregate
equivalent In money, annually, into the Treasury.
When The Canals rba have been completed the Raul
roads should be relieved from burden temporarily
imposed, that commerce may have the advantage OF
the quickest and cheapest Of transit for merchan-
dise and produce 70 aud from the vast and bounuui
West.
The number of convics in the prisons Of the State
OIL The lot day OF October in the years 1859 and 1858,
Will the number Of cells IN each prison, follows:
1e5s. 1855. Csils
Sing slug iel,.ies. ............... Iss l04 81