Official Reports of the Canal Commissioners of the State of New York, and the Acts of the Legislature Respecting Navigable Communications Between the Great Western and Northern Lakes and the Atlantic Ocean, Volume 1824

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1825 - Canals
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Page 3 - March, one thousand eight hundred and twenty-one, shall be imposed on, and collected from all parts of the navigable communications between the great western and northern lakes, and the Atlantic ocean...
Page 5 - March, one thousand eight hundred and twenty, in lieu of the tax upon steamboat passengers; shall be and remain inviolably appropriated and applied to the completion of such navigable communications, and to the payment of the interest, and reimbursement of the capital of the money already borrowed, or which hereafter shall be borrowed, to make and complete the same.
Page 9 - Thereafter, the legislature, by chapter 279 of the Laws of 1824, passed an act entitled " An Act to connect the Erie canal with the waters of Lake Ontario and the St. Lawrence," in and by which the construction of the first Oswego canal by the State was authorized. In and by virtue of this act and the aforesaid section 10 of chapter 241 of the Laws of 1823, the State took over and completed the hydraulic canal of the said Oswego Canal Company for the purpose of a navigation...
Page 3 - A communication from the Commissioners of the Canal Fund, was read, in the words following, to wit : To the Legislature of the State of New- York. The Commissioners of the Canal Fund, pursuant to chapter nine, title two of the first part of the Revised Statutes, respectfully submit the following report : [See Document No.
Page 6 - ... and northern Lakes, and the Atlantic Ocean," by adding to it any expenditures for other canals, and from appropriating directly, or indirectly, any part of the canal revenue, towards these expenditures, until the debt created in constructing these navigable communications shall be paid.
Page 14 - From the views taken by the commissioners, it appears reasonable to indulge the hope, that within the space of ten years, the canal debt may be extinguished; and this copious stream of revenue, yielding, according to the most moderate estimates, an annual income of more than...
Page 7 - The constitution has guaranteed this fund to this sole purpose, and has thus placed it beyond the power even of the legislature itself...

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