The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1903-11-27
PLAN FOR BUILDING
NEW YORK CANALS
sIoi,CoO,OOo Worth Of Nat,
er"ays May &c Completed
in Five Years.
IT 4 MUCH TO WEST
1eU the Great sur of Goney is q Ee
Rsissc-Hstaoas oF Calculating
cost-Insgres Much Losfsr
Freight Rates.

. wv 2SEE .E@--GL- liz L=-s-4 LEE-
,cribed By the eminent engineers gao
haye given STUDY 70 the zubec: with
q which the Erie. CEweg9 z1G CaaEa-
plain canals can be improved 40 as 10
make them CAPABLE Of G24t.ng l.g@a-aa
sarges Is five years.
The adoption by the people of the
:anal referendum, Yots5 On Tuesday
last completed all Of the legIalat!on
aeceEs&fv Tor the Iss1aace * gtat@
bonds 10 the extent Of 2I4I ,Gga.GgE. which
= the estimated cuat IT ting carrying
but Of the project.
The siGt. ggG,pg9 II bonds are u RI
fold to the highest bidasr. Tney VIII
De !ssGed for 4,teTH III not more than
Eighteen ge2rE, VII bear 3 pr cent. In
!erest, and Will be exempt from tax
stfon. To meet this Intereg: charges or
The bonds, and 10 taEe them up 1t rza-
:urtty. the law provides that there shall
De levied an annual tax Of IZ-igN ii a
Mill upon each dollar OF valuation II
me real and pcrGOa3I property in the
itate Hub5ect TO taxation, Ior each and
every SI,t19rgD Or part thereof in par
value Of said %Or.ds Issued and out
ssanding IN any Of the fscai y-earg
within the PERIOD for which the bonds
are 10 run; the annual amount Of SUCH
Tax is 70 BE- computed by the state con-
~~ - ~ 49, "+A G~41 NnJa-s-I[4
oy it, annual asgca&Inent ana l9!gec-
.oE Of taZes f:r cech Of .2Z9 y.3-E -
me manner prescribed ~ lew.
me proceeds Of the tx, after pairing
the interest due upon tho outstanding
bonds, shaIi be invested By the con-
roller under the direction Of the com
fHiHs!onnrs of the canal fG-G, and, to-
Eether With the interest aT!@ing t!lerc-
rom, Snail bs devoted 70 the ginKsuc
tund, which IS 10 be created, and pay
msnt from which shall oaiy be r1adc
:owAS the eztingGishmeut 81 The in
sssteanass created oy the aa,e Of tire
5Ssfds s& the bopdg become due,
The estimate Of &1GI. He1,GGG il bascd
1pon the rsGuitg OF the survey author
szed ny the legislature 1T 1870 ard car
red out by State Engineer Bond. rs
mated By q board Of eminent engineers,
and on the surrey made By the dec2
Faterwayg coEnuiGssDn appointed by
me congrena OK thc ualted stateg. OF
Dtn srrveys f. bag been aaid that none
more thorough Wag even undertake. IN
this country.
Added Contingent Fund.
IN order to guard against the poEzl-
,lhry OF the people having 70 pay mere
man they had been informed would be
sofHcient 70 cover the cost Of the Br1f-
sct 70 per cent. Was added to fh. ar
:nai cost as figured out By the erei-
aesrs, and, moreover, Ih=-c wa2 IN
GUIDED In the sIt1 ,Gg9, 900 estimate fh..
coat OF deepening the Hudzon river be-
."een Albany and Troy and OF deepen
1g the Niagara river, which IL 10 he
me western outlet u the Erie canal
II Is confidently expected that augro-
Sr1atinng for thezc river Ir?prpvsr1cntg
Siil be made by the United States gov
.rnn1ent.
II the whole IT 1,00G,900 were to b.
Paid In II year the canal tax On caoh
el,DpU OF dEHgEE~nGrT f-CFT1I r. -
I6.s4, the asacgaed valuation Of Inc
property in the state being yIrfr,aTiy
5000, 100000. But AZ the payment f.
% De spread over d period Of fifty Years
ne annual payment viii ne small.
Eghty-fve per cent. Of !t will be raiG
by New York and Buffalo.
The route Of the improved Erie ca-
aaI IL to be as follows:
BEGINNING at Congress street, Troy.
= passing up the Hudson river to
waterford; thence to the westward
through the branch north Of prn1ln.s
ISLAND. and by a new canal and Iori.@
reach the Mohawk river above Cohoas
Falls; thence In tine Mohawk river ra-
na!!Zed to Little Falls; thence generally
by the existing line of the Erie canal
n feeder around through Little Fgjls
20 the Mohawk river above the unrrr
nan; thence In the Mohawk river cu-
oalized with the necessary cutting
through bends to q point jugt cagt Of
1acksonbuTg; thence generally bv the
existing line Of the Eric canal to Hnr-
kimer; thence in the valley Of the Mo
nawk river, following the thread Of The
stream az much as practIcab,c to =
point about SIX miles eagt Of Rome.
thence over to and down the valley Of
wood creek to OneiGI lake; ihn1ce
through Oneida lake to the OneidA rIy-
er; thence down the Oneida river, cut
ting out the bends thereof where Insir-
NblG IN TFhrGa Tyi.,,4 Ty,t-I-