The New York herald., 1863-06-05


taxes, snort voyage e.......................3 70
M;sass,np, M.aIon r1ysr snd .; i.;.r:cc
Erie Canal enlarged. .......................l
Oronary Canals .....................6
Railroads. ordinary grades. .i2I to Isx
Following this view Of the subject an estimate oi
the cost OF transportation OF corn wheat and -four from
the Mississippi river 10 New YORK city, by commodious
water navigation compared with It's cost n 1862 BY
railroad shows these results-
Aaua, Cost Kstma,ed Coz
in 1852. bv Water.
Corn, per bushel ........... T6loc. l3 2-10c-
Wheat. per bushel.......... 3s 410c. l4210c.
f9a dss per Of Sl loo N. soe
10 Chicago In 1861 sixteen cents, while the cost Of
gathering, shelng and hauling to station would exceed
Chicago price; so that the committee well remarks
person had been graiuitousy offered given amount Of
corn TO be gathered west Of the Mississippi condition
that he sent 1t 10 the Chicago Market he could have
afforded 10 accept the gift That the freights pad
by one corporation than 500 coo bushels
Is 1sOo cents from Chicago to Bufho aud II sc 100
n bushe
In other words it IL estimqtod that, with the improved
facilities sought, iu the three first mentioned works-and
costing not over sl7 900 0e0he saving in the
OF single crop would amount TO $50 100000
II that be the case, win be the immediate and natural
response, why would not commercial men capitalists or
State auiho ios set 10 work themselves independently
OF the general government, and carry these great
plans as financial undertaking. The 10 this-so
far at least as the state o. Illinois IA ooncernedIs sug
gested In the report Ia that the State cannot enter
upon the work without nrst changing her organic law
which would require two or three years TO accomplish
route TO the general government be used
highway Il Is doubtful whether like unanimity would
II constitutional mIediments not in the way A.
to the second inquiry the State through her
tiona Convention has Indicated her policy no event TO
surrender this work 10 q chartered company.
The report discusses the military importance the
srey sabsorv.n ~ 'ps 10 a S as n
their commercial Importance and simply put forward a.
reason why the general govcrnmen should undertake
them VIII not pursue that branch OF the subject further
than 10 that the constitutional power Of the general
government in the premises derived thai clause
which says "Ihe Congress shall have power TO levy
taxes, duties mposts and excises provide
mon defence and promote the general welfsrs Of the
So much the general objects OF the National Conven
tion or Tuesday next wh this outline sketch OF them
your fe;asrs & wiz DC sols 70 appreciate tne real mpor:
ipgs that may take place few words In regard
the rsonne OF the Convention and 10 the concng
rests that may be represented In H.
There some Of the usual and indeed inevitable dim
cues regard 10 the interest that shall have control u
the post Of presiding officer AZ present seem
10 favor General Hiram wabrdge OF New York for that
position Outside OF the Hon. Isaac N Arnold Of Chicago
who, member Of the last Congress took
part bringing the matter before Congress aimosa
succecded in having bill for the purpose passed by tho
last House, but Who as matter OF dalcacy and respect
10 the delegates from other States aad cities would not
seek the position OF chairman, ether gentleman pro
sent has Identified himself with he movement or done
much TO promote II as General walbrdse, and pFno
by no one 10 better qualified, oithsr from farllanan
knowledge or from practical busness quancst.o-'s, -
preside over the Convention II was who at thu great
Union uprising In New York. IN ls02 presented ser -
OF patriotic resolutions, which unanuie uat l"ts
Cd, including the two followiag-
That Congress should pscvide for opening the
great line Of interior water commit sa 80
q 'US, spsSc , q ~ .ssss sST q"
Bay e ne 's,srp ssns 'ss rSss the e, BE e
should al once open the means ~ m,,hs, -snnana iun
~ 49, and lakes. untii they reach the AAsuc
sa.rl ~ tnc cheap an1 expcdluouscc that sien
ues ss "a AZ IrrsrlrsI knewlcdgn may develop
Resolved Ts.s a,iss oS' nsfSs should S q ossp,e =
80 M me means defence, and TIA. Rs he H of
r,,sss ~ m TO for ihs ly inco porDg port cf
"a" same militia q the seas." aud teus ~ efao .
~. eement naUsal strength aud drfcucc tonucusu-
,e With car growing great hadg maxi.
ume Power
he has used his great n5ranCe IN favor o ths
vb tie New York Boaru ul Trade, AMI has Q - IVA le
several speeches on the SUBJECT IN bthcr eilcs-or IN
sta CO. before the Chicago Raard o. Trade september
n IsC2 before the Toledo Rosrd of Trade oI Tho ih ot
the sane uor h aud beiors the Buffalo Hoard o. Trade
tho GOTH tic also made ccsh the SUBJECT AZ the
o4oiucc Exchange W New York, on the 18Th Of AAch