and means of paying the interest will be only required. After the first year, supposing an annual expenditure of 500,000 dollars, thirty thousand dollars must be raised to pay an interest of six per cent; after the second year 60,000, and so on. At this rate of interest they will regularly increase with beneficial appropriation, and will be so little in amount that it may be raised in many shapes without being burdensome to the community. In all human probability, the augmented revenue proceeding from the public salt works, and the increased price of the state lands, in consequence of this undertaking, will more than extinguish the interest of the debt contracted for that purpose. We should also take into view, the land already subscribed by individuals for this work, amounting to 106,632 acres. These donations, together with those which may be confidently anticipated, will exceed in value a million of dollars, and it will be at all times in the power of the state to raise a revenue from the imposition of transit duties, which may be so light as scarcely to be felt, and yet the income may be so great, as in a short
