New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-11
CANAL TOLLS.

MEETING OF THE PRODUCE EXCHANGED RE-
DUCED TARIFF DEMANDED.
The members of the Produce Exchange met,
yesterday consider the subject Of the bill pend
ing before the Legislature relative 10 canal tolls.
Messrs. Cobb Cragin and DUEL were appointed COM
mee report suitable resolutions regarding the sub
ect and Mr.. Hazeltine read letter from the Canal
Committee Of the Produce Exchange, now at Albany,
detailing what had been done by them to effect the OBJ
ecs of the Exchange. Mr.. Cobb OF the Committee on
Resolutions then reported the following, which
adopted:
<rs1 As merchants citizens State oSsvYoi hold
prot transit Of the agricultural products Of the
West through her channels o' and to promote 10 ever
BROUGHT into communication Tht such transportation and exchange
revenue measure s5y il better accumulated wealth
industry the cork Of praeton Holding such views We have
during past years important restrictions tolls
tTsas The state even to The removal Of tolls upon low priced Or
Son 'aA9 our T-na -n suA as Cn RAJ sb Ssv mi ,6n
10 minimum temporary suspension o. al toll ehages a.
commercial pursuit should esteem public calamity should tbe
Canal Board be forced for want Of proper aud timely legislation to return
the ls policy which ruled the toheet Of since the effect
Of which the present power Of a'e or sig rivals for the carrying
o That We os Of the HevYork Produce Exchange
urgently request seaor am members Of assembly the
resolution asked for by the Canal Board allowing 70 tx the
ohee for 1873 upon the bass Of that Of 1871 and 2
Mr. Walker then read au address briefly as follows:
During the period from 1872 inclusive the value
of the property transported the New York canals TO
and from tdewater has aggregated about seven thou
sand million dollars. The people, besides having the
ownership of the canals free Of cost have had the mani
fold direct and indirect resulting benefits Of this vast
inland commerce. including the building every ten years
OF 5000 canal boats and their equipment at cost Of
$4,000 OCO and the employment OF 100000 OF the pOpua
ton of the State In carrying on that commerce. The
State Engineer in his transmitted to the gisa
ture Jan 1872 states that the total number Of tus
moved mile all the canals and railroads in the
State, from 1850 1869 inclusive 1862 5937S2
of this the canals, with average
OF less than u months IN each year,
transported As 2i0 per cent, nearly onehalf;
and nearly all the railroads in operation the whole time
the canals transported more freight n months
all the railroads IN the State did in the whole twelve
months. I'm 1860 there 346 miles OF railroads in
operation In this State and In 1870 there 4T3 miles,
increase of 1927 miles The average yearly business
upon the canals for the nine following 1860 Ia 10
per greater than for that year. while upon all the
railroads of the State the Increase has been 81 cent
greater than IN 1850" The canal tolls reduced in
1870 which reduction has been continued through 1870
1871, and 1872
In 1865 before the reduction OF tolls the deliveries OF
grain at tide-water by canal the ratio of -
per cent OF the receipts lake ports This ratio has
ton. which Indicate that the competition from rival
routes still strong II the City and State OF NewYOrk
desire the trade and commerce OF the growing West in
is full measure OF Increase the necessary action must
be taken encourage and invite II by cheap transpOra
ton. The proposed increase the levy OF tolls would
much OF bar TO inviting the trade of the West
foot less draft OF water In the canal