Page:Historic highways of America (Volume 14).djvu/192

 The large amounts handled by the canal commissioners during the building of the canal will indicate the great responsibility that lay on their shoulders; between 1817 and 1822 the amount paid out by Myron Holley was $1,799,425.58; by H. Seymour, $833,335.70; by S. Young, $554,641.19.

By a law passed March 29, 1823, the commissioners were authorized to borrow $1,300,000 and also $120,000 to pay interest on the canal bonds. The tolls collected the year before amounted to $60,446.89; in this year they ran up to $125,991.76; $77,593.26 was collected between the Seneca and Utica, and $27,444.09 between Little Falls and Albany. On April 12, 1824, the commissioners were authorized to borrow one million dollars to complete the canals. In this year ten thousand boats passed the junction of the Erie and Champlain canals; 157,446 tons of freight were handled and $294,546.62 was received from tolls. The following table will show the exact number of miles that was completed in the years from 1820 to 1824 and the tolls received from the canal alone: