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CONSISTENCY AND BEAUTIES OF Loco FocoIsM.
The Finance Committee OF the Senate, some
ten days since, reported bill authorizing a loan
o! SS00.0O0 for the payment OF damages 10 Ca
nal Contractors. This amount is but an install.
ment upon the total sum claimed by Contractors
for prohibiting thee completion of their contracts.


The Canal Committee in the Assembly, on the
following day, reported bill authorizing the COM
rL.uloN OF parts OF the Canal Enlargement which
were ABANDONED by the law OF lS42. and for the
repair and preservation Of works which were, by
the same law deliberately, consigned to decay
and ruin. The Senate bill provides for the pay
ment OF damages for stopping the works on lhe
Schoharic Creek Aqucduct and the Jordan Level.
The assembly bill prorides for tie completion Of
these t,co sections Of the Enlargement! But this
is not the only beauty of the Assembly bill.
While it provides for the completion OF portion oi
the Enlargement, it directs the sale OF the mate.
ras provided for the completion OF other portions
of the same work. And thus two antagonist
propositions, one conlounding the other, are work.
Ing thir way through the Legislature


There is not, in the wide world, a precedent or
parallel for the prohigacv of Van BurenIsm in It's
acton upon the Public Works They authorized
the Enlargement of the Erie Canal. After ex-
pending over $4,000 00Gup that Enlsgemenl
thew rcpudiatcd their own laws, arrested theiI
own works and imposed Direct Tax, first to
raise the price Of the Stocks which they depre-
ciated, and then another Direct Tax TO pay da-
images for stopping works which, by another law,
they propose partially 10 resume.


The $4,000 for which the People are to be
taxed, is wanton. wicked waste oi so much
money The works so recklessIy abandoned will
be resumed in less than two years. These WORKS.
but for the panic efforts of Loco Foeoism, woL Id
have been completed in in lSi5 And when
completed they would have paid for themselves.
But by deferring them we not only loose their use
and revenue, huthy allowing the unfinished strfc-
ture 10 go TO decay and ruin, and by the payment
of damages, these works will cost thee or four
milions of dollars which should have been saved.


Alb. Eve. Jour.