THE PROPOSED B'BnrWBBN Í . u{ •! iy of RANK I- NEALL. rehilad 'iphia. Library /c , Mr. ERASTUS WIMAN, Of Kew York. ACTION OF THE NEW YORK BOARD OFTRADE AND TRANSPORTATION, JANUARY 13th, 1892. PHILADELPHIA and NEW YORK, (Via TRENTON). ADDRESSES BY Prof. LEWIS M. HAUPT, C. E., Of tho University of Penneylvania, Mr. THOMAS MARTINDALE, Of Philadelphia, and M/^p show/nc Locht/on of pf^oposed sp/p cpñpl BETWEEN Fhjlpdp. end New York V/H. Trenton d£l0w/lf(c hnd ~1 rflr/t/jn crn/zl ) chflnces fof? ^ Proposed Crnñl\ F?h¡lrohds Schle-8/^i/les to J inch. Total length 33.74 miles. Section 90 ft. at bottom, 150 ft. at top. Draught 20 ft. Summit level 50 ft. Two Tide locks and four Lift locks. Water Shed for summit level 301 sq. m. Population along route over six millions. THE PROPOSED SHIIIP CJ^JSTJ^Tj BKTWEBN PHILADELPHIA and NEW YORK, (Via TRENTON). ADDRESSES BY Prof. LEWIS M. HAUPT, C. E., Of the University oí Pennsylvania, Mr. THOMAS MARTINDALE, Of Philadelphia, and Mr. ERASTUS WIMAN, Of Kew York. ACTION OF THE NEW YORK BOARD OF TRADE AND TRANSPORTATION, JANUARY 13th, 1892. At the Animal Meeting of the New York Board of Trade and Transportation, held in New York on Wednesday, January 13,1892, the subject of a deep- water canal connecting New York City and Phila¬ delphia was discussed. The President of the Board, Captain Ambrose Snow, presided, and there was a large attendance of directors and members. By invitation there was also present a delegation of gentlemen from Philadelphia consisting of Profes¬ sor Lewis M. Haupt, C. E., of the University of Pennsylvania; Mr. Thomas Martindale, of Thos. Martindale & Co. ; Mr, W W. Foulkrod, of Hood, Foulkrod & Co. ; Mr. W. H. Folwell, of Folwell Bros. & Co. ; Mr. Charles W Schwartz, of Schwartz & Graff, and Mr. William M. Ayres, of Wm. M. Ayres & Co. On motion, duly seconded, the regular order of business was suspended for the purpose of hearing the addresses of .\1 r. Martindale and Professor Haupt. The President then introduced Mr. Thomas Mar¬ tindale. ADDRESS OF MR. THOMAS MARTINDALE. Mr. Martindale said that he was extremely gratified to meet such a large audience of New York's representative business men, and proud of the opportunity offered of addressing them. He knew that it was no easy matter to get a full house at such 3, busy time in the afternoon as three o'clock, and he 4 considered that it showed an appreciative interest in the subject that was to be discussed, namely: "The Proposed Ship Canal Between Philadelphia and Ra ritan Bay " As an active member of the " Trades League " of Philadelphia, he hoped the present meeting would be the opening wedge of a movement diat would not only result in the building of a ship canal or water¬ way connecting the waters of the lower Xew York Bav with the Delaware Rivei', but that the « completion of the canal would be the tii>t link of a comprehensive interior waterway, reaching from New York Bay to Florida, and from the sea-coast line of Florida over to the gulf coast, thus con¬ necting the Gulf of Mexico with New York, Philadelphia, Baltimore, Norfolk, Savannah and Jacksonville, making the commerce of the Mis¬ sissippi interchangeable with that of the Atlantic seaboard and vice-versa. It is very hard to over¬ estimate the importance of such a project, or the benefits to the nation at large, from a military, as well as an economic point of view. The opening up of lands at present totally unproductive and compara¬ tively valueless along the whole of this immense stretch of navigable waterway would quickly stimu¬ late to growth of factory, village, town and city development, making practically the "desert to blossom as the rose," with the pulsating throb of the steam engine and the tread of thousands upon thousands of busv artisans who would find their living O and their dwelling i)laces along its pathway. From a military standpoint, the advantages of such a water¬ way are equally important; complete this canal or system of canals, and the Internal Commerce of our wonderful and magnificent conntiy could be carried on safely, expeditiously, and cheaply in time of war 5 as well as in time of peace. All the combined naval power of the greatest countries of the globe could make no impression upon our interior seaboard cities from New York down to Florida, as the mouths of our harbors could be effectually sealed up by planting torpedoes, outside of which the most powerful iron¬ clads would be harmless and impotent for evil; at the same time our ships, laden with the products of North and South, East and West, would pass to and fro in safety and security. We desire, therefore, to consider the ship canal between New York Bay and Phila¬ delphia as the first link in this chain—but what of the first link; " 1st. We believe it to be thoroughly practicable. "2d. We believe it will result in a great saving in freight both to Philadelphia and New York, but par¬ ticularly to New York. " 3d. That we believe it is almost a necessity at the present time and will beeome more so in the future. " We believe that through the completion of this canal your supply of anthracite coal (of which you used in New York and Brooklyn last year over six million tons) will be delivered to your wharves at a saving of nearly three million dollars per annum, making a goodly return on an investment of over four times the amount required for the completion of the project. We in Philadelphia will be enabled to get our merehandise purchased in, or shipped through your eity, at about one-half the present rates. The country through which the canal will pass will be largely benefitted and improved, and in short it is a project which seems to have everything to encourage, foster and promote it, exeepting the expeeted jealous¬ ies of existing lines of communication. " Perhaps a few of you may have some idea of the enormous progress that the principal cities of our 6 Northern Atlantic seaboard have made during the past five years. I, myself, had no conception of it until the editor and proprietor of the Real JEstate Record, of Philadelphia, commenced a compilation of the number of buildings erected, and the amount spent therefor, from 1887 to 1891 inclusive. Permit me to give you the figures, which I know you will find interesting and wonderful, and I can vouch for their thorough correctness. To be brief as possible there were erected in Philadelphia in the five years named 42,170 new buildings, costing $140,800,791, of which 38,591 were homes. Baltimore erected 9,659 buildings at a cost of $11,566,678. Washing¬ ton expended during this period $35,102,367. Brooklyn erected 20,111 buildings at a cost of $98,- 270,531. Boston, Mass., 9,525 buildings, costing $62,376,129. New York city erected 17,997 buildings, costing $315,120,030, making a grand total of over 100,000 new buildings at a cost of nearly three-quarters of a billion dollars. I question if such wonderful development of one industry was ever made before in any one equal period of the world's history or in any one country—bearing in mind that this development is mostly all through private enterprise. Now what will our condition be in this respect a short ten years hence—presuming that the growth will be nearly in the same ratio, and without allowing for natural increase consequent upon increased population? We should have a further expenditure in this direction alone of over one billion of dollars; and if we keep in mind the fact that in the territory tributary to this waterway over sixth-tenths of the population of the United States is clustered—that the existing lines of communication are taxed to their utmost (although the Pennsylvania Railroad has completed its four 7 tracks between Philadelphia and New York) it will be seen how imperatively necessary this ship canal has become. While we believe that it will be of vast benefit to yon of New York it will also be vastly beneficial to us in Philadelphia, as about 81 per cent, of the foreign merchandise that we use comes through your hands. Your enterprising citizen, Mr. Erastus Wiman, handed me a pamphlet a few days since showing that you have not one single ele¬ vator on your water front, or any great warehouses either ; all of these being over in Jersey City or Brooklyn or elsewhere than where they ought to be —right at the water front. As a consequence I find from that paper that you have no less than 35,000 trucks in use in New York, al an annual cost for maintenance of $52,500,000, figuring the cost of maintaining each truck at $1,500. Of this tax, (exceed¬ ing one million dollars per week), we Philadelphians have to pay a very large share. You all know that the cheapest mode of handling freight on land is by railroads and you all know that canal traffic is very much less. Let me show you the difference. The cost of moving a ton of freight one mile by wagon road is estimated at 150 mills; by railroad, 5 mills; by canal, 3 mills; by river or lake, 2ro7r; by ocean, tVv- Taking the ocean rate as a unit of comparison it will be seen that the cost of movement by rail is 6.6, while by wagon ratio it is 200 times greater; if, however, the wagon ratio be accepted as the unit, then it will appear that the ton may be carried thirty miles by rail to one by common road or fifty miles to one by canal, etc. In all probability there never was any greater attention given to the subject of building ship canals in all parts of the world than at the present time. As for instance notice the "Corinth" Canal in Greece, which is to be opened this year. It is « but four miles long, blasted through volcanic rock, at a cost of $12,000,000. It will be 26^ feet in depth, 80 feet surface width, straight and without locks. This canal saves a detour of 300 miles of vexatious navigation. Then the "Manchester " Canal now being built in spite of the active opposition of railroad and other vested interests as well as the determined opposition of Liverpool. The "Baltic Ship Canal" is costing $40,000,000, and will save 237 miles, and is 60 miles long. The ship canal connecting Lake Erie and Pittsburg is to be • 00 miles long and to cost $26,000,000, and is designed to bring the rich wealth of iron and copper ores from the Upper Lakes to Pittsburg, and carry back in return the manufactured materials, coals and other merchandise. But all these grand projects, Mr. Chair¬ man and gentlemen, pale and sink into insignificance when compared with the incalculable advantages and indescribable possibilities of the project now under consideration. The mind in contemplating the many beneficial changes—the stupendous impulse it would give to the great tracks of unimproved territory— the change from a defenceless condition of our sea coast line to one of utter security, seems dazed and bewildered and shrinks from grasping all that is possible or even an iota of what is probable. Gentlemen, I thank you for your kind and serious attention. (Applause). 9 ADDRESS OF L M. HAUPT, G. E. In concluding his address Mr. Martindale intro¬ duced Professor Lewis M. Haupt, of the University of Pennsylvania, as the foremost authority on internal commerce in the country. Professor Haupt spoke as follows : Mr President and Gentlemen of. the New York Board of Trade and Transportation : • New York is one of the few great cities of the world, and the greatest of all cities on the American continent. It is not necessary at this time to review the history of her development, but it is of import¬ ance to note that her ascendency over the Western World sprang from the date of the opening of the Erie Canal in 1826. In those days a colossal work, undertaken through the foresight, energy, and in¬ fluence of her public-spirited citizens and pushed rapidly to completion at her own expense, it remains an enduring monument to the wisdom of the citizens of New York, and a blessing to the entire country. " These same great men sought even at that early date to inaugurate the grand system of interior waterways that is now being revived throughout the country, but the time was not then mature and the resources were not available. " It should be remembered that at that date (1812) the population of the State of New York was less than 1.000,000 people, and that of the entire United States did not exeeed about 7,500,000; that the ways of communication were very defective and the people were so scattered as to render them difficult of access; 10 yet notwithstanding these obstacles the enterprise of these earnest men was snch that they raised the money, skill and labor to complete, in abont twelve years, an engineering work of great difficnlty at a cost of $5,700,000. THE TIMES MATURE. " Now, however, the conditions are totally changed and the economic requirements of the country have reached such a point as to render necessary a still further reduction in the cost of movement if we desire to extend our markets and compete snccess- fully with the other commercial nations of the world. With a present population, contiguous to this pro¬ posed channel, equal to that of the entire Federal domain in 1812; with vested interests reaching untold millions lying within reach of an enemies gnus; with but a single line of water communication between our great naval rendezvous and the metro¬ polis of the country, and that line a circuitous, danger¬ ous, and, during a blockade, impracticable one, it becomes of vital importance to the maintenance of the safety, prosperity and dignity of this country that this measure of paramount strategic and commercial utility should be pushed to completion at the earliest practieable moment. " It is said that $100,000,000 are to be lavished upon a defensive naval armament. In mj^ opinion the moral effect of this proposed interior land-locked waterway would be worth more than this entire perish¬ able navy, and it would be a continual source of revenue and profit to the country in the impetus it would give to commerce and manufactures and the security it would afford in times of war. It would prevent a paralysis of our internal commerce and open up a direct connection between the Middle and South 11 Atlantic seaboard and the 15,000 miles of river navigation in the Mississippi, Missouri, Ohio and Lake Basins. RAILROADS VS. CANALS. " It is feared by some that such an artery would be injurious to the railroads, and it is to correct, what I believe to be, a popular prejudice that I beg leave to direct your attention for a moment to the relation of these two systems of transportation to each other. In 1825 the railroad system was in embryo. It has since been born and has developed so rapidly that there are now over 171,000 miles of such roads in operation, and, strange as. it may seem, they have stretched forth their iron sinews to throttle their defenceless sisters, the waterways, until to-day the canal mileage of the United States is no greater than that of a half century ago. " There is, in general, a hostile attitude and popu¬ lar prejudice against waterways by railroad mana¬ gers, which has led them to buy up the canals and abandon them, hauling their freights by the more expensive railroad at greater cost and less profit, simply because they could not compete with the canal. When asked why this most valuable adjunct to their property is not utilized, the reply is, ' Canals are obsolete.' If no more satisfactory reply can be made than this it must be taken as a confession of weakness. "If it be indeed true that the cheaper waterway be injurious to the railways bordering its banks, we may well inquire why the New York Central and Hudson River Road was located along the Erie Canal and Hudson River, and why its business and profits are so much larger than the shorter New York, Lake Erie and Western between the same ter- 12 minais ? How floes it happen thnt the Lake Shore is able to declare a 6 per cent, dividend, and to expend large sums in addition for betterments when the half of her tributary territory is covered by Lake Erie, where there is the cheapest kind of water competition? Why is the New York, New Haven and Hartford Railroad so crowded with business when it has numer¬ ous magnificent steam and freight boat lines com¬ peting with it for the Sound traffic ? In short, why do we find the railroads seeking the banks of navig¬ able rivers and the thriving towns and -^ullages created by commercial waterways, but for the business fur¬ nished by the increased facilities and competition created by these waterways ? " England, Germany, Belgium, and France furnish abundant proof of the fallacy of this antagonism. Thus France, which is 60,000 square miles smaller than Texas, has over 5,000 miles of canals and canal¬ ized rivers, most of which are free. There have been expended upon these works in the seventy years ending December 31, 1887, as follows : Rivers, $188,333,300 ; canals, $199,097,300. Total, $387,- 430,600, and the justification for such liberality is found in the statement by French economists that the ' canals, even though free, pay 5 per centum per annum iu economizing the national wealth.' Their canals are capable of passing boats of 300 tons, while the old canals in this country can only pass 240- ton boats. The small draught canals which have remained in the hands of private parties, or even of railroad companies who have operated them, have not only continued to exist, but have earned for their owners handsome revenues, I need only refer you to the Lehigh Coal and Navigation Company and the Delaware and Hudson Company for an example. Two of the oldest canals in this section of the country. 13 WATERWAYS ARE PUBLIC CONSERVATORS. " The waterways are the lines of least resistance and therefore the most potent factors in developing commerce and its allied industries, and I believe it to be a fact that they are the best friends of the rail¬ road. The canal rates in New York have preserved a remarkably .constant ratio to those by rail, and from the ' statistical abstract' for 1887 it appears that the average canal rate was only about one-third of that by rail for the period from 1868 to 1882. "Thus the source of the great prosperity of this istate becomes at once apparent, and, as the cost of movement on water varies inversely as the draught of the channel, it is evident that the deeper the canals be made, and hence the greater the capacity of the boats, the greater will be the resulting benefits to all parties. '■ The move for a 20-foot canal around Niagara and through to New York, indorsed by the recent Waterway Convention held at Detroit, would be of great benefit to this ciK" as well as to the United States, and sh uld receive the hearty co-operation of the Atlantic States. The increase of tonnage in iron vessels on the lakes during the past year was greater than that for the entire Atlantic and Gulf States. This tonnage can be made tributary to New York by enlarging the waterway to Lake Ontario. Other¬ wise it will go through Canada. COMMERCE IS RECIPROCAL. "It is of little use to improve any port of de¬ parture to a greater depth than that existing at its corresponding port of entry, as otherwise the deep draught vessels must lighter their cargoes at great expense, risk and delay. It is of importance to this 14 city that all the harbors with which she trades should have an equally deep entrance. It follows, there¬ fore, that New York is interested in securing appro¬ priations for the South Atlantic and Gulf coast, as well as in pushing the Nicaragua and other ship canals to an early completion. But appropriations should only be made for projects based upon sound engineering principles and giving promise of success and not, as has recently been done, for those which after three decades of experiments are in a worse condition than when in a state of nature, and which must result in a wasteful as well as injurious expen¬ diture of a large sum of money to no purpose, ex¬ cept it be for an unnecessary experience. THE SOUTHERN WATERWAY. " The geographical position of this city is peculiarly favorable for commerce, as it has waterways extend¬ ing North, Kast, South and West for many miles, but some of these are not utilized to advantage. The most important of them, that to the South containing some of the largest cities of the Atlantic States, is at present cut off to a great extent by physical features, which have diverted the traffic of these cities largely into other channels. These large cities are not situated immediately upon the coast, but they are 100 miles and upward within, and upon waters that open to the southward—thus making a detour neces¬ sary to obtain their trade. " By the construction of a ship canal across New Jersey, and by enlarging the link between the Dela¬ ware and Chesapeake Bays, the present non-productive and dangerous outer coast line of 400 miles to Cape Lookout would be more than trebled by the addition of the 800 miles and over of productive and safe shore line on the interior rivers and bays, with their dense 15 population and extensive local trade. The commerce of the Delaware and Chesapeake, with their tribu¬ taries—the cities of Trenton, Philadelphia, Wilming¬ ton, Baltimore, Washington, Richmond, and Norfolk, and many places of lesser importance—would become tributary to New York, and would aid in promoting her supremacy, while they would be reciprocally benefited by the exchanges which such traffic would stimulate. THE COMMERCE "iN SIGHT." ■'A map issued recently by the Government Engineers shows the commerce of the tributaries to Long Island Sound from Providence west to be 3,313,110 tons; that of the Hudson River, 7,642,1182: that of the rivers of New Jersey tributary to Raritan Bay, 3,101,176; that of the Delaware and its branches, 9,439,918, and of the Chesapeake Bay and tributaries, 6,619,424 tons. If these be relatively correct they show the magnitude of the commercial interests of the Delaware and Chesapeake waters, which exceed those of the Hudson, North Jersey, and the Sound (excepting the 75,000,000 of New York Cit}') by about 2,000,000 tons. Of this aggre¬ gate of over 30,000,000 tons, which is believed to be far below the actual amount, a large percentage would use the proposed canal. " Such a canal would also reduce the distance by water to the coal fields, and under a proper policy should have the effect of lessening the cost of trans¬ portation on that article by about 50 cents a ton. As there arc over 6,000,000 tons consumed in New York City alone, the saving in this single item should not be less than $3,000,000, which is the interest on $50,000,000—or about four times the estimated cost of the work. 16 ITS STKATEftIC FEATURES. " The strategic value of such an inner line in case of war cannot be overestimated. A hostile fleet off Sandy Hook eould control the New York entrance and the Sound and do incalculable damage to the entire country by destroying its commercial and financial centre. The existence of the canal would place these waters in direct communication with the principal naval depot of the Government at League Island and enable her cruisers to reach this harbor in a few hours. The protection of our extensive coast line must depend more upon a floating armament than upon permanent forts. While this contingency is remote, the magnitude of the interests at stake render the relative cost of such a canal insignificant. The existence of the waterway would still further remove the possibility of such an emergency. The depth suggested for the channel (20 feet) would enable all the flotilla recently built to pass through by this interior line. One cruiser, the U. S. S. New York, drawing feet, and the two battle ships, Indiana and Massachusetts, 24 feet, could not pass through without slightly enlarging the canal prism The dis¬ tance from League Island to Raritan Lay would be only about 70 miles as compared with, say, 230 by the outside route, thus saving about 70 per cent, of the distance. THE PHYSICAL PEATORES. "The topography presents no exceptional nor difficult features, nor are the obstructions nearly so numerous nor so great as those existing on the line of the Manchester Ship Canal in Kngland. Starting at Bordentown, on the Delaware, the proposed line follows the bed of the present canal for a mile and a half, then, deflecting to the eastward of Chambers- burg and Trenton, it rejoins the old canal at a point 17 ten and a half miles out and follows it to the twen¬ tieth mile-post. Here .it leaves the old trunk and runs parallel to the Rock}^ Hill Railroad to Law¬ rence Brook, near Monmouth Junction ; thence fol¬ lowing the meanders of that brook to the Raritan River, east of New Brunswick, making a total length of 33.74 miles. The greatest elevation on this line, as shown by the topographic maps, is only 7 6 feet above tide, and for a large portion of the route it fol¬ lows the 50-foot contour, suggesting that elevation for the summit level, with two locks at either end of 25 feet lift each, and two tide locks, making six in all. THE ENGINEERING PROJECT. " The cross section used in the estimate is 90 feet wide at the bottom and 20 feet deep, which is about the size of the Amsterdam Ship Canal. This gives 26,327,614 cubic yards as the volume of material to be removed. In addition to this the dredging at the approaches will embrace about 350,000 yards more. " The locks should be not less than 500 by 60 feet. Upon this basis the estimated cost of the entire work, exclusive of right of way, would be $12,552,- 900. The area of the watershed tributary to the summit level is over 300 square miles. This would require to be utilized by one or more feeders and reservoirs, but there is an ample supply for a trafhc of at least 30,000,000 tons. " Such projects do not promote themselves. It is necessary that public-spirited and patriotic bodies, alive to the great importance of such works and the benefits to accrue to the entire country from their ex¬ ecution, should take the initiative. Hence it has given me great pleasure to present this summary of this much-needed waterway to your intelligent considera¬ tion, believing that it will engage your serious attention, and, I trust, also your earnest support." (Applause.) 18 ADDRESS OF MR. ERASTUS WIMAN. Mr. Erastus Wiman then addressed the Board as follows : "The members may well be grateful to the highly respectable delegation from Philadelphia that has presented to the Board a project for a ship canal between New York and Philadelphia. Rarely, if ever, in the history of this organization has a project of greater importance been presented to it - a project that seems at once feasible, reasonable and profitable. Rarely, too, has there been a better presentation than in the clear-cut, concise, and business-like state¬ ments which have been submitted at this meeting. The members present cannot but be deeply grateful for having heard what to them is, in a certain sense, a revelation of the practicability and the reasonable cost of an undertaking so full oí advantage to the two first cities of the land. If it were po.ssible to bring these two great aggregations of humanity so closely together as to have a ship canal between them, no greater event, in the whole category of events pos¬ sible to both of them, could occur. The means of communication between two such aggregations of humanity is the measure of the extent of their com¬ merce—the indication of their progress in civilization. At present even there is an hourly train, by two great arteries, between these two cities. But at present these great avenues of communication are crowded to the utmost extent. The cost of the canal is estimated to be about $12,000,000. The Penn¬ sylvania Railroad, before it completes its improve¬ ments, will have spent over $12,000,000 between 19 Rahway and the City of New York. The Lehigh Valley Railway is credited with having spent from $5,000,000 to $10,000,000 to get into Jersey City alone ; while the Baltimore & Ohio is known to have spent no less than $16,000,000 to construct a line from Baltimore to Philadelphia. Modesty forbids me from revealing the meagreness of the amount required to bring them into New York and place them in possession of the finest terminal the world afibrds. If the Pennsylvania, the Lehigh Valley and the Baltimore & Ohio are justified in expend¬ ing these large sums, and with the result of only four piei es of iron, the limitations of which were ex¬ ceedingly small in proportion to the possible busi¬ ness, is there not a perfect justification for the hope that this great ship canal, costing onh' $12,000,000, could be created and pay most handsomely The trade of this country is but in its infancy. The extent and magnitude of its internal commerce, vast as are the figures now, are but an indication of what they will be hereafter. There are children now living who will see the population of the United States 170,000,000 of souls. There are sons of members of this Board, residents of New York, who will see an aggregation of humanity in the metropolitan district of 10,000,000 of people. Philadelphia will grow in even greater proportion because she is the city of homes, and a city the extent of whose manufactures are only limited by the growth of the country. Between these two vast aggregations of humanity within a lifetime there will be a necessity for an inter¬ communication which this ship canal will alone afford. New York, of all cities in the world, needs a revolution in her commercial methods. Her terminal arrangements are disgraceful to her and destructive of her future. The cost of handling 20 products within her borders is a tribute heavier than that of any other city in the world. .More money was paid out for terminal charges on the coffee which was drank for breakfast this morning by the members, than for any other thing since it left the place of growth. The whole country is taxed by the bad methods which prevail in this city. It is time that a revolution took place, and that revolution could not be better inaugurated than by the encouragement of a great ship canal which would put New York and Philadelphia side by side, so that they would be of enormous advantage to each other. Between New York and Brooklyn the coal consumed was 6,000,000 tons. It was within sight of New York emptied out of cars into canal boats, and from canal boats elevated, at the bottom of each street, by buckets into carts at an enormous cost and waste. If it could be brought direct from the mines through this ship canal, a saving of at least fifty cents a ton could be effected, so that from i?j!,000,000 to $3,000,000 a year would be saved—an econom}' that would alone pay the interest on the proposed improvement. "A proposal to spend $25,000 by the general government to survey and report u})on the possibility of this great enterprise was a reasonable one, because it could then be seen whether or not it was as feasible and as reasonable as it now seemed to be." Mr. Wiman said he had, therefore, great j)leasure in proposing the following resolutions : Whereas, In the opinion of the New York Board of Trade and Transportation, it is of national impor¬ tance that the Atlantic and Gulf coast waterway should be developed to its fullest extent as a strate¬ gic and defensive measure, and for commercial pur- 21 [joses, of which the first link is the proposed canal between Delaware River andRaritan Bay, therefore be it Resolved, That the members of Congress from this State be requested to urge the introduction of an item in the River and Harbor Bill making an ap¬ propriation of a Slim not less than $25,000 for an examination, survey and report upon a twenty-foot navigable channel between Raritan Bav and the O •/ Delaware River ; said appropriation to be expended by a commission to be composed of one citizen from each of the States of New York, Pennsylvania and New Jersey, to be appointed by the Governor thereof, one officer of the U. S. Corps of Engineers, one from the Navy and one from the Coast Survey. Resolved, That a committee of three members of the Board be appointed with power to carry the above resolution into effect. Mr. John F. Henry seconded the resolutions and spoke briefly in lavor of their adoption. Mr. Orlando B. Potter spoke of the importance of the project outlined in the several addresses he had been pleased to listen to, but said he thought this Board should not act finally upon this matter until it had been considered and investigated by some committee of this Board, and moved reference of the subject. Mr. Wiman said he would second the motion to refer if it was thought best, and inquired of Prof. Haupt if the delay of reference would be objection¬ able. 22 THE POLICY OP THE GOVERNMENT. Prof. Haupt explained that it was not contemplated to ask the Government at present to undertake the work of construction, but merely to investigate, by means of surveys conducted by Government officers, into the feasibility of the proposed route, and report upon the same, and for this purpose it was desired to secure the insertion of the item of $25,000 in the River and Harbor bill now being prepared by Con¬ gress. That the Government did make these exami¬ nations, in precisely the manner suggested, the Sault Ste. Harie Canal was an instance in point. That canal had accjuired a traffic far exceeding that of the famous Suez Canal, carrying over 9,000,000 tons of freight in seven months of the year, as against a mnch smaller amount on the part of the latter in the course of a full year of twelve months, with traffic in progress night and day. On this representation the resolutions were adopted without a dissenting voice. Pursuant to the resolutions, the President ap¬ pointed the following committee, Messrs.. Erastus Wiman, Francis B. Thurber and Orlando H. Potter. ' "l'I "•S -.V; ¿t/;. ■■ '-Î -. ? «Í ■ ■■'' ' « • '^-k ■ë -m u Kv-í-Vví >: Li ' £ ■ ■ ' :Si