462 JOURNAL OF PROCEEDINGS [Mar. 10,

Your memorialist, on consultation with intelligent and in-
fluential citizens of Baltimore, begs leave to supplement the
foregoing memorial.

He is advized that by a Constitutional provision, no sale
or transfer of the interest held by the State in the Chesa-
peake and Ohio Canal can be legally consummated, until the
same shall have been sactioned by deliberate assent of two
successive Legislatures As the present Legislature holds
over two for years, all actionon the subject of improving the
canal in manner proposed, must necessarily be suspended till
another Legislature is elected and can take action in that
behalf.

To avoid this loss of time, your memoralist will suggest
that your Honorable Body shall, in the high interests of the
people of the State, undertake the execution of this important
work on State account. No sound reasoning prohibits such a
policy. No actual increase of the public debt is involved in
the measure. Not one cent of additional taxation will be re-
quired. The State in endorsing these canal bonds, and put-
ting them on the market to raise the money for completion of
the work, will take the place herein allotted to the Construc-
tion Company, and will save to the people of Maryland, the
large profits that otherwise will pass into the hands of that
Company

Your memorialit submits that the liabilities of the State
as endorser in such event, would be apparent only, and
purely nominal. He claims that the argument embraced in
in this paper, to show the sufficiency of the canal to meet
these bonds, when it shall have been perfected in its naviga-
tion, and extended to the harbor of Baltimore, with fitting
railroad connections, reaching up to the coal fields, is a con-
clusive and perfect demonstration of the safety with which
the State may enter upon the enterprize.

In conclusion, your memorialists will add that such an ar-
rangement will be more satisfactory, as it will save a large
pecuniary amount to the State, out of which his own re-
numeration can be more speedily obtained.

With every respect,

A. J MARSHALL.
BALTIMORE, Feb. 19th, 1876.

Gentlemen.—I have prepared a memorial to the Legislature
of Maryland, in which I urge the improvement and enlarge-
ment of the Chesapeake and Ohio Canal on the new plan or
method, which I have heretofore submitted to your examina-
tion and judgment.

In consequence of the fact that I have not yet perfected my