New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-02-20
DISC USSION IN TIE LRODUCE EXCHANGE.
THE IMPROVEMENT OF THE CANAL sYsTEM-rHR DE-
BATE CONCERNING GRAIN GRADING.

THE IMPROVEMENT OF THE CANAL sYsrEM-THR De
BATE CONCERNING GRAIN GRADING.
The Canal Committee OF the Produce Ex-
change will probably not 60 10 Albany to make recon-
me ndations with regard to the canals NJ NJ Caleb. q
member OF the Exchange, engaged IN transportation.
has prepared statement the canal question which
be has forwarded the Exchange for the consideration
Of It's members. His principal points as ollowsi
The first point to DO considered Is, What shall the
state do TO- retain the earring 'Eaas 0. tne
Make route 10 tho seaport the cheapest And this
iareenenf Give the honest feet Of water, and
take the beuch walls The present locks should be
ent length with intermediate gates 10 make tae locks
the length OF the present ones and some wider to rem
der the ngress aud egress more rapid and hen one.
two or three boats can be locked at time, as the
movement " the boats on the canal may require. BY
this i'm In the locks che capacity OF the canals
are nearly trebled, and steam as motive power can
then made commercial success as canal propeller
capable Of carrying 1000 bushels OF wneat can take two
canal boats tow each carrying nor 500 bushels OF
wheat. making the total cargoes 1900 bushels moved
at the expense for motive power OF one engine q :.
with movement as rapid as II ~ saIe TO inc p AZ
OF the canai 20 nave ot and one host Tnc safe
tolls should be reduced The writer ot the Delef tnat
the business that can be maintained on our canals IS Oh
much more Importance 10 her citizens than any amount
Of that DO collected as toll T1e business
ws makes Ba. as thu S asDs
may radical than the people OF our state may
ne action ina. the toll on property on our
canals abolished aud the revenue be collected by
mileage tax on the DOAB, VniEo
what they CHOOSE, only mako the tax as small AS
possible" Abolish the weigh locks. collectors, III.
apectOrs &C. In this at least $00 900 can DE saved
to State 10 the OF maintaining the weigh
locks and collecting the OF the canals. Ny plan
would be to sell captaus ticket from place TO
place. his wants might require, the'same as the rail
road does to passenger. The revenue GU this plan
could all be collected at an expense not 10 exceed
sl6 900 TO $4,000 per year. aud the mileage tax or toll
could be reduced that amount at once.
The Board Of Managers of the Produce Exchange
held another meeting yesterday 10 listen to the argu
meuts with reference the rules for grading grain
Those who opposed 10 them heard first. Tho
session occupied by Messrs Archibald Baxter.
David Bingham. and y. N. Lane. The Board then ad-
journed until Tuesday morning next when tho sTsu
IDeuts will bo continued.
REDUCTION AND REBATE IN INSURANCE RATES.
The Board of Underwriters held q meeting
yesterday, and received report from tho Executive
Committee In relation 10 the violation Of the rules OF the
Board in respect 10 rates The report the subject
Of much debate. aud was considerably amended When
adopted, 1t provided for general reduction Of 10 per
in the rates OF Insurance lt also understood
that rebate OF per cent to DO allowed on dwell
tDgs occupied by iDsursg1