.MTU0MA.MTU1MjM

From DigitalMaine Transcription Project
Jump to: navigation, search

249

[1823 February 7.]

[Protest]

be enabled by regulating the quantity of tickets in market and by protracting the drawings to speculate on the cupidity of the improvident and ignorant part of the community. - The Bill does not reserve to the Legislature any control over the toll and receipts of the Corporation, nor is there anything in the act incorporating the proprietors of the Canal (except the power, after twenty years of further regulating the toll) by which any power is reserved to the Legislature, in any way to interfere with the Corporation; and we believe that if the State do so largely endow this Corporation, a reversion of the property of the Canal, after having remunerated the Corporation for all their expences with ten per cent interest, ought to be reserved to the State, and the a monopoly of the privilege ought not to be unlimitedly granted to any Corporation. - third. The Bill does in fact give to a member of the Corporation, the power of appointing the managers of this Lottery, and judging of the sufficiency of their Bond, and determining when the work is in such progress that the money ought to be paid to the agent of the Corporation from the Treasury of the State. -Fourth. It is not provided by the Bill in what manner persons agrieved [aggrieved] by the misdoings or neglect of the managers of the Lottery may avail themselves of the security to be afforded by their bond.

IV. Because that we believe that a Bill involving new, and in this State new and untried principles