New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-01-05

Total sslasesi 10 halss fsDd 9''eSo %
Teal general snd debt, AFTER spsyius SINKING 81. q,
hnd ''''''''''''''Ps'' "
PAYMENT OF PRINCIPAL AND INTEREST on CANAL DEBT
The State adopted policy, two or three years since
Just TO Its credtors and demanded by proper respect
lie obligations of paying the interest and principal OF
that portion Of the DEBT contracted before the passage OF
the Legal Tender by Congress- in eon the currency in
which IL contracted It Is believed that the course
taken by the Buancia officers OF the State was not only
emneuy Just but polite II has placed the State upon
cr2 and Il is not probable that it win be thought
pede mt 20 depart from this In the future, or 10 do
anything having the smblance OF reputation.
NEW FEEDER.
An important and necessary feeder has been con-
structed during the year by taking orskany Creek TO
supply the deficiency Of water in the long level This
additional supply OF water has served 60 maintain good
season, and has efectualy supplied want which has
been felt for many years Of sufciency Of water on
that level and of very moderate expenditure.
FEDERAL TAI ON CANAL BoArs.
During tho past year. under the orders Of the present
Secretary of the Treasury fees have beon again eIacted
from canal boats apd their payment enforced The at
tempt 10 transform canal boats into vessels, and make
them amenabe to the coastng laws because they enter
tide water lie great annoyance to the internal trade Of
the State It repeatedly been held by the courts OF
our own State canal boats though they may pass
out OF the canal and transport their eargoes 6y 70
sells of which an enrolment and license under the coast
ing laws can be required The claim 10 believed TO be
the policy Of the state and the eorts being
fully made by the State authorities to attract commerce
syery hndeTance and burden the attention
the Canal Board called 10 the subject and that body
the legality of the exactions is submitted to the
Legislature that such other and further steps may De
taken for the relief OF our citizens from TINS ne" Dae
shall be deemed proper.
STEAM ON THE CANALS.
The Legislature OF 1871, passed an act entitled An act
TO foster and develop internal commerce OF the State
by inviting and rewardng the practical and profitable
introduction upon the canals Of steam, eaoric, cleo
tricty OF any motor other than animal power for the
propulsion Of bOats" and appropriated for that object
the Of 100000 to be paid to the owners oil the sue
igbt DO submitted for trial. tested and approved
By the commissioners appointed under the act
AS vet the reward secured that object II IA
believed however, that IL has caused agitation upon
the subject which WILL later result in success
otor 70 be form Of boats now in use Is deemed by
many be impracteabe with the canals at their pres
The Belgian system exhibited on the Erie Canal
between Albany and Wee Troy previous to the close OF
the navigable season OF ISL Its operation wac witnessed
by the State officers and distinguished citizens from df
ferent parts OF the state.
general introduction would be attended with complete
success diminishing the time OF trips the cost Of trans
his plan OF towage appears have been excluded from
competing for the reward offered by the State No good
reason Ia for the exclusion OF this or any other
pareDy practicable system from the benefits OF the act
THE BUSINESS SEASON OF 1871.
The serous Interruption caused by the great break
the Erie canal at OK Bow Bend early in the season. and
the premature closing Of the canals by the cold weather
ia November left the period of navigation about two
weeks shorter than that Of last year Notwithstanding
h the of navigation Just closed has been pros
porous for the State well for shippers and
.rs The general condition Of the canals has been good,
and excepting those above mentioned, there have been
very few detentions Of any kind The average time
for trips has been esseDed and they have been made
with rapidly and regularity Under AL the circumstan-
flying exhibit They amount 10 $099300 49, being IN ex-
OF those OF the OF last year by nearly half
million OF dollars with substantially the tolsheet
The amount should be sufficient for the maintenance and
repairs Of the canals and TO make contribution OF
s6O0O00 10 the sinking funds for the extinguisbment OF
The debt aud interest The canals have been kept In
pair at much ess expense than last year. and with the
possible exception OF the 1858 the tunnage has been
rger than that OF any previous year The practical
suits OF tho are full OF announcement TO the
friends u the canals. q. A. DAYTON, Auditor.