, 1870-01-10
Shoeink deGcaseln net recapts, :.

EtIed " tne pteFIouh yeals ME HI loAoWss
pe,cass ci eIpendiuiet... .s.............. sls:ts
shosins decrease ~ net rece,nss .et1assls s.
last year. Is compared with the previous one, by
ehtioblDK the 10 lowing a. the Lost prominent
caustr, ntn ely: The late opening Of the cauA,s
Tor navigation IN eprtrF the short cora crup, The
q. hc'eut tnppy OF coal, the untemuoeratlrs mar
keIs for wheat and flolr. and the reduction Of
toll, ptcoueuR 10 equivalent Increase OF too
tr4ce. The ,Lc1esstd expenditure IL at .rlbnted
y him TO sbe euus required for repairing extrs.
gure3lbtehoents and snelr CLERKS" which otlterr,
b. lhe b.. he conslders needless, and zorBe-dil-
NrnR therein from scne of The 2eaIoua canal re-
forntr-for fcssons which may oe qoosei here.
a,ter from hi. report
TIE CANAL pEBr-ruE GKEEaAL Fund, ETC
1he canai oeo', Of which 1ruca is tflea said
9Th vstloos pttpvsess sppsars 70 Dc sla3a 80:
ntl1 terrltca'eA dtavtrg Interest at Al average
Of fac Ion lels thsn per cent, TO which must
e ST ns
ttR row TO about sa,ort,oGo, tt having been re-
duced 20 That euo1tt 6y me paynens ot q: ao9 :.
S a1tss & pseed noa
sLNng fnrt. for .sa1lcg the outs AnalcR STOCK
oebt- So tLat tha Waole laotlsies Of The canal
~ 1 e stated ssan, 4 IT, Usus ,nIs, ns%1et
tao+tsnoe-a DEBT pasaol-. and rhich
-teas X trresenied By stocE. held partly ID Ea-
,op- ~ viii ~ Ia thus couutry--la virtually only
about TO- .3a olp, icaH1 uch a. there II enough in
elth,r9 iuI.a 10 rednce It 10 tina: amount Al last
IN It IN !. dur.
Toe ou,stsnd,nz stock tbt at rho clore Of tue
la*' ctcs y"af "a hetd a. fo.loNs: In the Emitted
S,stes 80 sas GEL; 10 foreign couulsies es,stl,-
sa9: a aEIER The aggregate SIS o6s, $50; and 1t
:.etures thus: y 1>7s &, ~ Aou: 10 ls7a
SsSS uoO-1o utet Wnlcu. as belure ead, there Ii
soont ote QusfteE Ct inc .noic aum provided In
tiLNng tunds tor payoent
Aeout rettt-tlona' toll, \ hscn nAry consider the
SreGI poLacea tor drnc'enc q IN cor canal op
tcIe, Anchor Bell holds vlc1s tas: are xoFsh
ctu-ldeI1tE, nnf 4eo!e hrtct specimen.
Ascrio,ne 10 iu tniahed toll ra.es much Of t1c &C.
ccitnc, IN tie revenue o1 The tate dscA Jear, ~
q. r!tn tn.t et !ee ptsT:oSs be
contributed to lnC7exes the aoovee deficiency IN
The amount Il revenue received during the pas,
ysar ~ u'oIe tail! sIpeI nhen & ,ns annual r.
pre- pared From pfrselt indications It Viii ~
fS y npGpa1 ths st ctan a.
TeienandIse, @ bound WesE ~i:n ins
utufa,ce snas the treasury ~onid be
s, o5 5.nnd 70 n q '3a se
cshA.s. LA'er IN the ktAsoa slight reduction
waA 1uade on the tolls on corn and oats Tae
principal a!sorens pteseatea ~ isSos OF nv l1.1
Obtained, 1tllrusd competition would wholly divert
tie gram tIbdr from the c2nalA uoxese1 pfaus-
tb.e Lnls prnPosidon uay sprear IN theory, e1pe-
1.eucr pus aisa5G ptoTed II tAttac1o1s II pFac ce.
SotulDg &trainIR to canal Management has
teen n,ore trolouenly Demonstrated. 4 redoc.
ton Of IpIl has never pto1uced a incse1ss Of
Vol nare Wpue1eE Ma} have prontel bJ former
ftduc1,opA the utAtc c!A stateMtnta OF tn1s de-
p.rt1nent show thar tue canAl 1eveDnes haFe oe=n
COR scouolnRiy DIM nisaed tnc1ro1."'
AID Ia 11utuEf COLLECTION, hc aAudea aga q,
rurcatlt, II Tot eoLcl,l. ely, to the stun sob1.cs-
A. the matter y almost Rlsayt uppcImoIt lu the
Iem1tks OF people discussing the cAutl uuae, II Is
rAyCutltlJ te&tfaoie TO knoN ThAs Il thought
std saio ny = public ouscef 30 pto.alneo'lI con-
hole q1eatlo1 Of tot In Light that uAJ enaoe
na1 to tectuy their Losoua oa the soo1-ct Toe
Apu' tor eaIs, ard what tie SAWS IN this respect
lorctes TIE stta sneEtsls OF the sy .tetu, We Wah
&C ceu d Low quo,e more Of his sta.cmcat$:
'sEruL q 1s VIEWS arc entertained in regard 10
id-a ~ ene To pstsAI 1has toll ies,e+1 for the
pnFpo+c Of prosuinR AID u'n:ttau ug pnaic
xat.t~aJ tMonEa our State IS tax ufon
somn escs md ,eo,h,,n a. as ahss ";
s's nie ct ntcees,s, compelled to use IL Tne
,une nAy ue laid o. talSaJ changes. The toll
uus lev I'd - % uo1s = t41 "a cuEuefce T. al The
tt&tGn. Nh,ch Ito car11'r chaIFeA Nor Is 1t IN
imposition. upon tbs tno1-.tJ Of tho peoEe OF
. Ter st.trs, Tor rhe purpose Of enrlcasK the
n sou4c refesurg here. that our ca, ss vould
r.rtr nave teeR pu'lt excep: upnn the p,eaft xud
fstn 10 ,heir Apa ty to pay the coat OF torf con-
suuci.on and nAtLtennLcet vltno7t 1esort 10 d.
rtct,aIs'tol.
IcEeuue Of our a: ala, after oeouc1ing tao oss u
crllec,iop aLd rcpniTs:
Il. To tpe psym ment OF the de5s tucufTtd for
;heN ofiz,pAt lndesIednr.k ....
'.9, 10 leo ps3mens of certain mo.e5s a.