Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-06-30

proposed at this time to open the stock
amount $1,SOOOOO conditionally. When
work would be begun. And in two years
from this time it was hoped and be-
lieved that vessels would navigate the
waters Of the canal, and transpora-
ton from the lake to the Atlantic
would be thereby cheapened one half.
He more fully stated the relations of
this work to the traffic from the West to
the East, and it's probable fleets upon
New England. At the same time. the
charter for this canal was granted, another
was also granted for the enlargement OF
the Welland canal. And company has
already been formed, and large portion
of the stock is taken for the completion OF
this last work When this is done and
the Caughnawaga canal is finished, what
results may be accomplished A prope!-
Ter may be loaded at Chicago or on Lake
Superior at eight hundred and fifty tons
burden, and in less than seven days its
load can be put down of Burlington at
half the cost it is now carried to Albany
by the Erie canal. And upon this new
route there are only fifty-seven miles OF
canal navigation. The balance is free and
cool water,-cheap and cool for grain
transportation. To New England, said
Mr.. Underwood, the construction of this
work is vastly important. 1t will appre.
ciate the value of land will cheaper the
cost of living, and will stimulate the ac-
tivity of commerce and manufactures
upon the great thoroughfares to which it
leads.
Gov. Underwood concluded by present
ing Hon. John Young, of Canada, as the
father of the enterprise, who was received
by the audience with cordial applause, as
he is well known among our people as
the staunch friend of the Union during
our entire war against the South.
REMARKS OF HON. JOHN YOUNG.
Mr.. Young said that this convention
was called to consider the question of
cheap transportation. This is the present
problem of the economists and of states
men. France had obtained one solution
of it in building the Suez canal. Dewitt
Clinton, with conspicuous forecast, had
solved it in some degree by the projection
of the Erie canal. But the great Clinton
had made mistake. The Canadian
statesmen had erred in the same way.
They all had an inadequate conception of
the growth of the West and of transporta-
ton. They had built the canals too
small. As soon as they were built they
had to be enlarged. And then another
enlargement followed. And every en-
largement had cheapened transportation.
He proceeded to discuss the Caughnawa-
,Nn,-,
pathlw Governor Underwood had trav-
ersed. He said that the whole estimated
expense of making the requisite links to
ensure ship navigation from Lake Superb
or to Burlington and Whitehall was but
seven and quarter millions of dollars. |
The length of canals was but fifty-seven
miles, and of lockage there is but $50 feet. |
Mr.. Young read a statement by Mr.. Mills, |
the engineer, during his remarks, show
ing the comparative cheapness of this
northern route, by reason of its free water
and the greater size of the channels, and |
by shortness of the distance. Upon lum-
Der alone the saving to the people of the
States by the construction of the canal |
would be immense. Now, it is estimated |
that four hundred millions of feet of lum-
Der are cut'on the Ottawa yearly. That
portion OF this timber which comes into
the States now goes down the st. Law
renee to the mouth of the Sorel river and
up that. 1t travels 1913 miles further than
it needs to travel, and is locked up and
down 121 feet. If the Caughnawaga
canal were built, from 81 to $1.25 would
be saved on every ton of lumber brought
INTO the States by that route. And as re-
CARDS the Western travel, if this route be
completed as projected, a ton can be trans
ported from the,western TO the eastern end
IN the water line for $1.95 less than by ,
he Erie and other canals. 1t can be done
n five days less time; and this new line
would be able to do three times as much
BUSINESS as the old one. {
Remarks were then made by Mr.. Mills,
Jivil Engineer, and letters read from A. !
T. Gait and Hon. Mr.. Holton, of Canada,
Gov. Stearns, of New Hampshire, ex-Gov.
John Gregory Smith, Mr.. Swift of Mas
sach usetts, which will appear hereafter.
The remaining proceedings will be con-
tinued in Thursdays HERALD.