The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-01-03
.si,es,e1l 81

surplus revenues FL bos, oil u
Although largely augmented yet deficiency OF nearly
two million dollars still exists in the income oil the eauais
% meet it, constitutional OBJ gatons AMI long al tho
paroas pei mttcd 10 curry freight free Of toll viii
be necessary 10 levy direct Tax annually " meet any
aedcit.
In my last annual message In OF the depressed
condition finances, recommended two measures
relief. Tho restoration Of the tariff or rates
ef canal tolls they existed prior TO the reductions Of
and 1859 and for which gave my reasons at ensh
snd which, without repeating them, would respect.
nuy invite your attention The other a rcmposition
tolls upIn competing raroaas Inc ,vrner :, 'ns rs,
by the Canal Board and the state Is now reazing,
greatly enhanced receipts the benefits Of TINS poi
~. II manfstiv the duty of the Canal Board, AMI
beleve their intention 10 revise the rates OF toll with
view TO further advance the present season
Respecting the policy OF reimposing tolls on railroad
freight after discussing the question at length ia that
communication said in conclusion
n serefor The eonssaty Increasing amour. Of trs,gh,
q our cana. ssyense until hs Ssrs o 90 hs
iihdrawn ~ drce from the peoples there no,
mrsra,ye nfeesy Tor prg,e's es 81 e,n nm
ss% years. q o per during
ns sh The esaa q requiring these ross pay an
Sss me esas II haSo bsa eoSpe,d the rsaa.
should be relieved from burden temporarily mpos.d 50
cheapest means o. transit for and produce to
The leg stature not having acted upon this recommend
p2on and in view Of the Importance Of the subject felt
compelled In February ast TO renew II In special mes
sage to both houses concluding as follows -
We have now arrived point where the public creditor
rove security that The nteres, and principal o. MS
not b. raid rom Ire fund consocsted o IT. for tha, has been
rndersd tent sy It was the intention Of
which he could Tsy beyond the eonr or nsflcs Of
sns @ po ssd sssas s bnnss
ss, sSS ss % ompn u aS sScs o
upon that dverng impans the
< ", VIII e sSs p & Or
s ss DC sus 1sos S ssn % osy bs
when &c feels ihas be no aIod . pay interest,"
ths required amount from the canals themselves
Fully sensible OF the large prospective demands upon
Ne puee treasury Gns % s s aS Ss ,ss ,s %
roads fboud be at beast temporarily restored thereby
se.yins the taxpayers Of portion Of their increasing
that the legislature did not see 6t TO adopt these
coa ,n,n1n,aS am aware that the revenue
might not have boon fully realized during the past year
nad TINS pcen Done. Tot believe that IL would have
Slon thus removing all occasion Tor direct state tax
scep for The support Of government and the purposes
Subsequent reflection and Observation bave or,v oon
1rmed the views expressed IN tho re-
esred TO az TO tho wisdom and justice Of placing tolls
upon tho railroads during tho nayiga,,on nos
have they served 10 produce any fear that the
railroad lines Of other States win divert the business
which legtmatoy belongs 70 tho Canals and railroads ~
eur own State, and therefore commend the whole snb
SGT with all Its important relations TO your dispassonate
urged that the restriction 70 rates OF passenger
rs the Yew York Central Railroad, limited 20
two cents per mile should be removed u tolls are
npoeed and by the General Railroad act passed in
R6o, az corporations formed under II have power ro
guate the amount OF compensation 10 DO paid for
porting passengers and their baggage with the simp,
Yseervsont that such charge in 10 exceed three
ocnts per nnle, not easy, perhaps 70 asslrn any
reason why he provisions Of this act should be OK
tended alike tosll the roads In the State.
Az WIN DO sees there has been change In tho prin-
epal Of tho geDeVa fund debt during the year. Tho
Comptroller, wboec rcpor viii he presented 20 you at an
early day, viii submS for your confederation the condi
Atom Of the several specific funds under his charge,
petber with the important facts connected with their
revcnue and detail OF the estimates Of the expenditures
for the support Of the govcfn mt for the coming ves
N this connection will only add that the general fund
which since the 30th January, 1884, has been largely ID
srrear has at Last emerged from it, efnbarrasennents
showing credit balance NJ the close Of the pact Gsca