Communication From James Hepburn, Esq., President of the Susquehanna & Tide Water Canal Company, in Answer to Their Order of the First Inst.
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In reply to the last clause of the order quoted above, I beg to re- fer to what luis been said in reference to funding the debt. If the Legislature should concur in the plan suggested, I see no reason to doubt the means of tlie company to meet the future accruing de- mands of the State. I beg leave to forwmd an accoinit of receipts and expenditures of this year jusi closed. This shows an improvement in the receipts of the year over the last of .^5,133 72, asnic'dl increase, but of some moment, ...perhaps, when received in comiexion with the facte that a very consiclcnihlc rctliiclioii ol' ihc lolls was made at the coaiiiieiice- ment of the year, and that the canal did not open until late in the spring, and after ;i large portion of the trade of that part of the sea- son had sought odier routes, i beg you also, to apply the expla- nations given above to (he statement now forwarded. Very respectfully yoia* ob't serv't. JAMES HEPBURN, Preset- Statement of receipts ami (rppiulituresi of the Suscjuehaima and Tide Water Canal Companies in 1843.
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