New-York tribune., 1867-08-21

Balance January ls75.................. $573GO 81
Yetted from tolls, 2a85si IS
s2,9solss az
Principal due october J, ls75............. 100000 90
.2,4so1ae 81
Interest for 992O3 40
Melted from tolls, 2iI3bsi Go
Jan. /, 1s7e.Tota si9e292a 81
Loan made Jan. !, 36OOoVo W
il,492oa 81
Melted from tolls L72sosl 65
Balance jan, t5,2sO7ql 05
Netted from 1875 after pay rug debts, ete 2655Ci oj
ss,es,5i2 B
Principal Of General Fund debt IN 5,6s6622 %
tI5i 800 %
should the annual revenues increase at the rate
pected the loans cared for will not become necessary,
he observed the above proposed to supersede the
tax 10 pay tho interest on the floating debt, and TO
I'm S PsSs ate o nas No to
canals any adjustment Of tolls which may be made
no s96.antiS Increase while the state lost In
considering the subject OF the management and cares OF
the canals the Committee think that concentration or
power and clearly defined responsibility furnish the
surest guarantees for moe economical and eheent adj
thein unSet 'FS the ' Charge ' Of single sSpef
ntendent with assistants sneh supern.en@dSn, @ 70 De
ot the Senate The Committee oppose giving the
queston of Imposing tolls on railroad corporations and
compelling uniform rate Of freight is considered as
moro proper 20 be referred for Legislative action
Al oi ghch is most respectfully submitted DC. &c
mittee presented minority report, submtngsthat lao
wholly dssonts from the article reported so far as the
nnanciRi policy 10 be nangurated. -.
Messrs sEYMouR Dem Rensseaer and BERGES i,.l;
they agree with the majority In the opinion that thete are
enee aud care the canals Of the State TO remedy the
evils they unite In recommending the appointment OF
ssians but desire him elected by tho people, and such
superintendent 20 have power TO appoint his four assist
a salary TO be fixed by the Legislature.
The Committee appointedsAugust TO inquire into tho
capaey OF the canals they now exist and when the
Improvements contemplated made, made lengthy
report today Their conclusions may be summed up as
They are Of the opinion that 10000 tuDs annually
eastward is the fun extent OF the Erie Canal with the
present locks while with the proposed and Of one
Tier only the capacity viii be largely Increased and with
canal is well adapted TO boats 400 fee long % feet
wide, when improved ns proposed by me committee on
Canals T. L. PRossLR,
A. Is. TAPPEN.
TIE Convention then went Consnttee Of the Whole
shce, and on Corporations other than Municipal, Mr.
ERAsTUs BROOKS Dem, Richmond In thec hair.
upon The amendment of Mr. Al Parker, prohibiting the
ton OF corporations when the capital exceeds
MIR" Mr.. RoBIRTsoN Dem Nev.YorE opposed the adOp
lion s q ss grave had h'ty thought % % that the enter
prise, energy, and industry OF the citizens was
nm arbitrary law II this despotlsm is applied
10 railroads TO the extent OF and fg tbs yres M
viii be agrarianlsm IT Is said that railroads are danger
political machines II consolidated Inc same ac
eusatlcn holds much force against them as they are
situated today, as when combined. ,,, =, ,,. ,,,
Mr. STETs fs RGP as Se Of Nan wGuG % ES S had
fallen last evening and place u upon the ~ nfI IN s 6s %
aspirations ofhIr sche Mr. Corning or vanderbt9 or
the means by which they raised or depressed to & soehs no
ots tso nrgopIc laws what is an organic awi In this
country when the Constitution Is written II s
Won %S .SoaG S nf aee n @ S law "a he results Of esIs
and study Of tho people to the consolidation ion
same ss consolidaton But they are. widely ana
radically different Consolidation may DC Oh ~ see
n keeping order in Paris under the rule OF Louis ShP0
leon. Th6 advantages Of such cODsonnntOn inaS &C., -,
n sad that he refusal TO consolidate win endahgor the
commerce Of NewYork and bestow J. on ,a Ig, tos
1uestions The great canals and railroads OF the stae
running not over mountains as IN y neIsy ahat Cod
trained has settled the question as TO the highway OF
Western commerce being and continuing 10 DO ,Sa
tho lap OF the Empire State: There Iemans n,H 'ne
other queQ Are the people Of ,,O1 THIS 4 s%s pa.s tbs
afraid Of oppocn and rivalry tns ,hs I eg,are had
Hptn3cs AGAINST great corporations. That mercy SHOWS
that the people have fully made up ,o m rt the po
hibtion into the fundamental law All the adyantages %
Of CONSOLIDATION can BE- derived iS nM oS rade and en-
NatN
,tsa fnt with the conceded tendency OF power, ~
NOT nain that when thou ands more miies VI t yast
taid down IN the State consultation Vi tni, ,
nowors would absolutely subordinate every 9d
and political Interest The viii ofthe consonu'i0n "0D'1
pe M Tue FVx NY RTs Rep New.Yor hoped tho amendment
would not prevail There was heIeSy ~ tne etntionoi
many as 10 their duties members OF oiatinn
Convention They had nothing 10 90 wl'n ~ Iesu mmbc
Consolidation may be PaIl,o Plnn O'1s 10 The province
Of this Convention TO Iegisiate upon nror,,an 1T
fifteen minutes last evening inc Con' a 5a, a.
changed It's limit from ti5 100000 TO s2OVvo ai %
"a asked 10 settle the amount OF combination 70 pe @
upon the subject; but he did not yet believe lnaS n
railroad capitalists could In the manner Indnee Y 0
danger the liberties OF tho great State OF New Az,
Mp CONGER dem, ROckandl SAID lnat Nv Wy u.s. .sa'
blnsb this propositlon Of Mr. PaTkers nSnt seem ~ ho
1ict with all our notions OF free trade bus a tSs az
yancement OF commerce, men have priyato nnpIelos
and interests accomplish. Whist are tneso n.o
m an the railroads were uDder ue eon"oi Va vno
set OF men, might 10 not result In tms-ihat
might be eusrossed The transportation OF freight might
be slspended 70 control the markets OF INC cy n
New York Tho consequences OF such monopoly woun
he disnstrous I'm the extreme Such practices nave Deen
tried before now small scale. tbs could not DC pre-
vented by the amendment proposed ny Nr. Parker lie
hat the transportation OF freight reads shall be regu
The amendment was offered and rejected.
Mr. VAN cAMPEN (Rep, Cattaraugis) offered an
amendment providing against the consolidation oi pafa
Jadee DAILY Dem N " favored this amendment as
II the enly plan feasible 10 adopt III the
two great through routes running on parallel
netting lines were consolidated tho public interests might
suffer But he could spprebend no bad retuts roio the