Image provided by: University of Oregon Libraries; Eugene, OR
About The west shore. (Portland, Or.) 1875-1891 | View Entire Issue (Jan. 1, 1889)
THE WEST SHORE. 27 canal. The corresponding reading on the gauge at the upper end will be ninety-six feet The lift of the lock at thU stage will be twenty.four feet At the lower end of the lock there will be provided a lower guard gate, and at a lock's length above the upper lock gate, an upper guard gate to exclude high water. Immediately above this there will be a caisson gate to be used in case of needed repairs to this gate. Above and below the guard gates the canal will be made wider, in order to facilitate entrance to the lock, and to provide a limited harborage for boats awaiting their turn to go through. This work is all designed with the idea of ultimately providing for the passago of boats at stages of water higher than twenty feet, should it be found that the exigencies of the com merce of the river require it." After giving minute details of the work accom plished, the report says that "a little more than one third of the excavation required to complete the canal has been accomplished. 4 It is doubtful if so large a proportion of the other necessary work is finished. To bring the canal to its present state with the small appropriations that have from time to time fallen to its lot, has taken a period of twelve years. At this rate it will require, perhaps, twenty.four years more before any benefit to commerce will result from this work, or the country receive the least remuneration for the money expended. A generation will have been born and gone to its grave between the begin ning and ending of an enterprise which a healthy syndicate would have prosecuted to completion within six years, at farthest, after commencement, and been in the enjoyment the balance of the time of a liberal income from the money invested. From 1870, the date of the first appropriation for this work, up to the present time, but $1,112,500.00 have been made avail able for its prosecution. This is an average of about $95,000.00 per year. The various appropriations that have been made during this time, the total of which is given above, if invested in an enterprise paying four per cent, with their yearly interest re-invested at the same rate, would amount to $1,490,490.00, an excess over the amount appropriated of nearly $318,. 000.00, for which there is nothing to show. The next yearly interest would amount to $79,000.00, almost as much as the average yearly appropriation. To illus trate more plainly the effect which the policy of small appropriations for a work of this magnitude will have upon its ultimate cost to the people, who, after all, must, in some way, either directly or indirectly, sup ply the money necessary for the enterprise, let us suppose that the work is estimated to cost $3,000,000, f.nd that an annual appropriation of 1100,000.00 is nade for carrying it on. The time to be consumed ii carrying out the project will bo thirty jears. The annual appropriations, with their accumulated cost at four per cent will, upon the completion of the project at the end of this time, amount to $5,832,800.00, near, ly twice the estimated cost of the work. If, instead of this, we suppose that the annual appropriations had been mado in amounts as largo as could bo profitably expended, say $500,000.00, this amount will bo $3,4 19,. 000.00, a saving of $2,383,800.00. The work will bo completed in six years, and the peoplo at onco begin to reap the benefit of the money invested. This sx hibit of the case is purely from tho money dealer point of view. It takes no nolo of tho largo incrcaso in the cost of work resulting from deterioration and renewal in plant and appliance, and other causes that must necessarily pertain to a long term of years and small appropriations; nor does it includo tho largo amount that results from tho difference in freight rates on the commcrco that would tako this new route, were the improvement finished, but which now goes by somo other to market. For all works of this char, acter, where tne improvement to bo effected must bo completed before any advanUgo can accrue to com merce, it does soem that tho policy of small approprl. ations, running through a long term of years, enhan. ces enormously their ultimato cost Tho upper cas. cades of tho Columbia river is an absolute barrier to navigation. It must bo ilanked by a canal and lock in order that tho commcrco of tho river may pus by it Theso must bo finished, the last bowlder removed from the canal, and tho last rivet driven in the lock gate beforo ono penny's return can I) had fur any outlay that may havo been mado to effect tin im provemcnt On sound business principles it would therefore seem that this work should bo liberally ap. propriated for and pushed forward to completion as rapidly as possible, in order that somo return may bo had within a reasonable jx'riod of timo fur tho largo amount of money already eijtendod." Tho bearing of tho above remarks on tho policy ob served by the government in miking appropriations for important river and harbor improvements will readily bo seen. Tho argument is pertinent and forceful. If tho plainest principles of business pol icy were observed in pushing work onco begun, and of undoubted utility, the net savings to tho govern ment would bo enormous. The recommendations of competent engineers entrusted with government work are generally overlooked, and the qurition whether or not appropriations are mado for improvements of vital importance seems to rtst more upon the turn of a political trick than apon any merits tho case- itself msy pot. People of the northwest have watched the course of tho government in relation to tho work on the Columbia, ami at time have despaired of ever having that great waterway opened for navigation.