THE -GAZETTE.
Bt EDGAR SNOWDEN.
’■* Terms.
Daily paper - - 18 Per annum.
Country paper . - V - ft per annum.
The ALEXANDRIA GAZETTE forthe coun
try Is printed on Tuesday, Thursday, and
Saturday.
AU advertisements appear in both papers, and
are inserted at the usual fates. __
mmmm CURRENCY SCHEME.
We give below Mr. Teackle’s talked of Bank
Scheme. The Columbia Telescope says, it is
nothing but General Jackson’s original abortive
aonster,ofa Bank with all the States for stockhol
ders, married to the safety-fund system! a gra
cious and sweet conjunction!
[the ORIGINAL LITHOGRAPHED.]
“ Baltimore, Nov. 18, 1834.
Sir: Considering the question of a fiscal
agent of the Federal Government upon the
principles of the present Bank «»f the U. States,
and indeed of any scheme which may be*add
ed by private interests, as virtually sett!led in
the public judgment; and regarding the force of
thatdscision as applying equally to all charter
ed privileges and individual* for banking pur
mJta— l take the liberty of presenting a plan of
Hatfonal Currency which contemplates a cWi
of State institutions, which, while indepen
dent of anv party or particular influence, might
be found sufficient for all the uses of the coun
%he advantages to result to the several States
from the operations of the proposed system as
well in direct revenue as in dieting resources,sti
mulating industry,and invigorating every arm of
the people, will appear in your critical exami
nations of the subject in all its phases and ca
pabilities. ~
It may not be amiss to mention that the CuiEr
Magistrate or the Union has expressed his AP
PROBATION or THE PRINCIPLES OF THIS PROPOSITION,
AND THAT AT HIS SUGGESTION THE ACCOMPANYING
details have been extended. May 1 be permit
ted to hope that they will engage your serious at
tention, and that they may be submitted to your
proper department in order that your legislation
may be made to conform to the organic law con
templated to be enacteil by Congress.
Intending to institute an inquiry into this inte
resting topic early in the approaching session oF
our General Assembly, and to report upon it, 1
will hate the pleasure of sending to you the de
signed paper—in the mean time the tavor of your
views aftd of such documentary information as
Jou may be pleased to communicate to me (at
nnapolis, Maryland) will be thankfully receiv
ed and appreciated.
LITtCbtSSTDENNIS TEACKLE.”
"A plan to establish the Monetary System, and
to regulate the Currency of the L nited States
according to the following basis and principles:
“1. Five Commissioners to be appointed by
the President and Senate, to act in conjunction
with other Commissioners, to be appointed by
the States, to constitute a Boanl of Currency, to
fit at the seat of the General Government.
“2. The Board to devise & prepare a national
currency,in convenient denominations,from lOto
1,000dollars, to be apportioned among the States
in the ratio of their electoral rotes, not. exceed
ing one hundred thousand dollars lor each be
nator and Rpresentative in Congress.
“3. Each of the States, assenting to the sys
tem to receive its contingent of the currency
upon the payment of one per centum on the
amount required, and contracting to pay, in like
mannner. annually thereafter, and providing
not lets than one fourth of that amount in the le
gal coin or the United States, as a basis of its
^•^The assenting States to appoint one Com
missioner to the Board, and one in addition for
every ten of its elctoral votes over three, de
ducting the number which may have been ap
pointed from such State by the President and
Imala , . , ..
rt5. The principal institution of each of the
States to have the custody and provide for the
transmission and disbursement of the public mo
neys, and for exchanges between the States, un
der Such conditions and regulations as the Con
gress may prescribe. .
“6. The national currency to be made receivable
in all payments to the United States at each and
every of the institutions, and at all their branches
and departments, without regard to its place of
emission or redemption.
« 7. The Board to have, and to exercise a vi
sitorial and supervisory control over the institu
tions of the States in all their branches and ra
mifications; each to he visited and inspected by a
deputation ofthe Board, once in every six months
at the least. „ .
“8. The assenting States to be severally and
distinctly responsible for their appropriate con
tingents of the currency, and for the faithful ad
ministration of their respective institutions.
«• 9. The commissioners to receive an ade
quate compensation for their services, and fair
allowances for Itinerant charges; to appoint and
nay their secretary and other necessary officers
and servants; and to take security for their
good conduct, and the due discharge of their
proper duties.
« 10. The secretary to receive the per centage
to be paid bv the States, to make all needful dis
bursements under t.ie direction of the board, and
to account to Congress for any balance which
mlirht remain. . . ,
“11. The proceedings of the board to be open
to th« inspection ofeither House of Congress, or
to any committee thereof, and the right to
modify or repeal the act to be reserved, sub
ject to the fulfilment of existing engagements.
“ 12. The board to consider all subjects con
nected with the currency in relation to the in
terest of agriculture, manufactures, and com
merce, which might be charged upon it, and re
port thereon to Congress from time to time.”
1 •1 --——
THE BANK OF THE UNITED STATES
AND THE TREASURY.
As the subject of the French bill has been
Much labored (in the Message) we publish the
letter of the President of the Bank, giving the
Anal views of the Bank in that matter. It is im
possible we think, not to be struck by the calm
umi dignified firmness of the Board, contrasted
stitb the coarse and boisterous declamation of
the Kitchen Cabinet.
Bapk or the United States,
Nov. 28th, 1834.
Sir Your fcvor of the 13th of July last, reach
04 the Bunk during my absence, and finding, on
. return, that ray letters addressed to you at
Washington, had been published m the news
g^sof Nashville, itseemed useless to prolong
S^SeMsiou whWffcould only inflame the pas
of the country in the midst of its elections.
J btvu^th ere fore forborne to answer your letter
untill the time had passed for the repetition of a
similar appeal from the laws. _.
The whole case appears to be exceedingly
simple. There is a difference of opinion be
tween the Treasury arid the Bank about tbe
damages on a bill of exchange. This w a mat
ter of account which depends on the existing
laws, and the Acts of Congress provide speci
fically before what tribunal and in what man
ner, the question must be tried. Thus by the
Act of the 3d of March, 1797, it is pro vided, that
if any person, accountable for public money,
fails to pay it “ it shall be the duty ol the Comp
troller, and he is hereby required to institute suit
for the recovery of the same,” and in such a suit
“ no claim for a credit shall be admitted upon
trial, but such as shall appear to have been pre
sented to the Accounting Officers of the Trea
sury for their examination, ana by them disal
lowed in whole or in part.” The Bank has ac
cordingly presented its account for damages,
which has been disallowed. It has then retained ,
a sufficient amount of public money for the pur-I
pose, and invited a suit by the Treasury so as to
bring the subject before the Court. It did this
and so stated it “ as the best if not the only mode’
of settling the question. But as the money itself
was an object of indifference to the Bank, which
sought only to vindicate its own right, and the
retaining it was a mere form, to comply with the
Act of Congress, the Bank at the same time re
quested from the Secretary to know, whether
there was “ any other mode of submitting the
right of the respective parties to the judiciul tri
bunals more acceptable” to him—and would in
stantly have released the money on any arrange
ment with the Treasury to bring the case before
the courts.
There is a still more summary process of ob
taining a decision. By the act of Congress, of
May, 15th, 1820. ifthenublic money be witheld,
the first Comptroller or the Treasury can issue a
warrant of distress against the party in default,
who may then appeal to the Courts of the Uni
ted Stales.
Either of these courses is open to the Execu
tive. If it choose neither, the Bank, having
done its duty, is content. Before the proper tri
bunal, the Bank will always be ready to prove—
1. That the bill of exchange on the French
Government was drawn without the slightest
authority whatever from that Government to
draw it. _
2 That the Bank proposed to the Treasury
to collect the money as its agent—and not to
pay it until it was received from France, thus
avoiding the very embarrassment which has
recurred; but this the Treasury declined,' and
requested the immediate payment by the Bank
as a purchaser.
3. That ol the money so paid by the Bank, the
whole was immediately appropriated by the
Treasury, and a pait used in the current expen
ses of the Government. w .
4. That when the Bill was protested in Paris,
as was inevitable, and the money paid by tbe
agents of the Bank, to save the credit of the
Treasury, the claims of damages by the Bank
was an indispensable act of duty, as that
alone would enable the Treasury to claim dam
ages from the French Government, which, if the
Treasury had any right to draw at all, was as
much due as the principal.
5. That the universal and inflexible rule of
the Treasury is to make every one pay dama
ges; and as it has required of the Stockholders
of the Bank to puy damages, when their bills
sold to the Treasury have been protested, so
should it now pay damages to those stockhold
ers, when they in turn have bought a bill from
the5Treasury, which becomes protested.
Ali this will be made manifest whenever the
Treasury resorts to the proper tribunal. Until
then, it seems unjust to prejudge the question,
and quite fruitless to discuss it.
I have the honor to be,
Very respectfully, your9,
(Signed) N. BIDDLE, President.
Hon- Levi Woodbcry,
Secretary of the Treasury. Washington, D. C.
The Washington correspondent of the New
York Journal of Commerce, gives the follow
ing account of the French comereial marine.
“As we are about to ‘make reprisals upon
Freuch propertyi. e. to make prizes of French
ships and and cargoes, I have had the curiosity
to inquire how many of these same ships are
exposed under ordinary circumstances to our
cruisers, and also where they are to be found.
I find that the Commercial Marine of France
embraces about 8.000 vessels, of the aggregate
burthen of744,000 tons & manned by 57,000 men.
Of this number, 820 vessels of the average bur
den of 250 tons, are engaged in foreign trade, out
of Europe.—1800 vessels, averaging the like
number of 250 tons, trade to different countries
in Europe; and 5.380 vessels of 50 tons each,
are employed in the coasting trade,,[petit cabot
age.] The vessels trading out of Europe, are
chiefly distributed as follows:
To India, 35 merchantmen.
Island of Bourbon, dec. 70 do
South Seas, 25 do
Brazil, 65 do
River Plate, 20 do
Mexico, 40 do
Cuba, 60 do
Hayti, 60 do
United States of America, 35 do
West Indies, not belonging to
France, 20 do
Cayenne, 25 do
Senegal and Goree, 40 do
Martinique and Guadaloupe, 300 do
Whale Fisheries. 6 do
Circumnavigation by way of
China, 6 &c.
The Solar Eclipse.—Having a perfectly clear
sky last Sunday, we, at Milledgeville, in com
mon with all others we presume in the track of
the total obscuration, had the full enjoyment of
that sublime phenomenon. Nor was the rare
occasion lost to science. Mr. Nicollet, a distin
guished Astronomer from Paris, now on a sci
entific tour through the United States, took this
place in his way, to the West; and was assisted
by Doctors Dugas and Ford, of the Medical
College of Georgia. Being well provided with
appropriate instruments, we doubt not, their ob
servations were accurate and satisfactory, and
will probably tend to advance several branches
of science. Among which, one thing interest
ingto the State, we presume will be, the exact
ascertainment of the latitude and longitude of
its capitol. This, and any other results that we
may be able to procure, we shall of course be
happy to communicate to our readers.
We were prepared for a magnificent specta
cle, but the event outwent our anticipations.—
With thousands of others, we watched the in
stant when the last beam was shut out, render
ing the planetary motion visible. Then ensued
an interval of more than a minute, of indiscri
bably awful grandeur. A pall of funeral black
was drawn over the Sun, whose effulgence still
broke off around it;and then the first gush of light
as it opened out to us for that litMe instant, while
the naked eye, not yet overpowered, could still
be fixed on the whole orb of the moving Moon.
The universal twilight, the appearance of the
Stars, the rosy hue like morning all around the
horizon, the sudden chill of temperature, show
ed for the only time in most lives, how
be, if the Sun should be striken out in mid-day.
It was a spectacle that terrified the savage, and
astonished the vulgar eye. It elevated and
strengthened all human conception of omnipo
tent power, and showed forth, in the wonderful
accuracy, even to a second, of the Astronomi
cal predictions of the events, another of the tri
umphs of that grandest and most exact ol the
sciences. . , . ..
The line of total occultation, seventy miles
wide or more, coming from the Pacific and
crossing our Western Wilds, and the back
parts of Mississippi and Alabama, took thro
the central region of Georgia, and thence to
the Atlantic Ocean. Being visible in no part of
Europe; Georgia and a small corner of South
Carolina, was the only part of the globe at all
favourable to observation, and we are rejoiced
to learn that the opportunity has not been ne
glected. We hear of gentlemen from distant
places, at Beaufort and at Ebenezer, near Sa
vannah, and probably at other points, whose
simultaneous labors will tend to correct or to
corroborate each other.—Georeio. Countr.
THE ANGELS WHISPER.
I From Mr. Lovers Song of the Superstitions of
L Ireland.]
A baby was sleeping,
Its mother was weeping, ...
For her husband was far on the wild raging
sea;
And the tempest was swelling
Round the fisherman’s dwelling.
And she cried, Dermot, darling! oh, come
back to me!”
Her beads while she numbered
The baby still slumber’d
And smiled in her face as she bended her
knee;
“ Oh, bless’d be that warning,
My child, thy sleep adorning
For I know that the Angels are whispering
with thee.
“ And while they are keeping,
Bright watch o’er thy sleeping.
Oh, pray to them softly, my baby, with me—
And say thou would’st rather
They’d watch o’er thy father,
For 1 know that the angels are whispering with
thee.”
The dawn of the morning
Saw Dermot returning,
And the wife wept with joy her babe’s father
to see;
And closely caressing
Her child with a blessing,
Said, “ I knew that the angels were whispering
with thee!”
**#One of the popular superstitions of the
Irish is, that, when a smile plays over the face
of a sleeping infant, angels are whispering
with it.
FANCY AND ORNAMENTAL JOB
VUMKTWUSTiBi
XV A GREAT VARIETY OF COLOR8,
NEATLY EXECUTED
JIT THIS OFFICE.
DRAWS TO-MORROW
Virginia State Lottery,
To be drawn at Catts’ Tavern, West End, on
Saturday, December 13,
For the benefit of the Dismal Swamp Canal Co.
Class No. 94 for 1834,
HIGHEST PRIZE $30,000'
15 PRIZES OF $5,000 each!
Tickets $10 00, halves 5 00, quarters 2 50.
For sale, as usual, in great variety, by
JOS. HI. CLAHKE,
{Sign of the Flag of Scarlet and Gold,) King st
Alexandria, D. C.
DR A WS TO-MORR O W
Virginia Slate Lottery,
For the benefit of the Dismal Swamp Canal Co.
Class No. 24 for 1834,
To draw at Alexandria, Virginia, on Saturday,
Dect-mber 13,
HIGHEST PRIZE $30,000.
15 DO. $5,000
Tickets $10; halves 5 00; qrs 2 50; eighths 1 25
On sale in great variety by
JAS. KIOKDA1V.
U3” Uncurrent Notes and Foreign Gold pur*
chased.
DR A If’8 TO-MORROW
Virginia State Lottery,
For the benefit of the Dismal Swamp Canal Co.
Class No 24 for 1834,
Will be drawn at Catts’ Tavern, (West End,)
Alexandria, Va. on Saturday, Decem
ber 13, at three o’clock,
HIGHEST PRIZE 30,000 DOLLARS.
15 DO. $5,000
Tickets 10; halves 500; qrs. 2 50; eighths 1 25
To be had in a variety of numbers of
J. CORSE,
[jQttcryf Exchange. Rroker. Alexandria.
DRAWS TO-MORROW
Virginia State Lottery,
For the benefit of the Dismal Swamp Canal Co
Class No 24, lor 1834,
Will be drawn at West End, Va. on Saturday,
December 13. at 3 o’clock, P. M.
HIGHEST PRIZE $30,000
15 PRIZES OF $5,000
Tickets $10 00; halves 5 00; quarters. 2 50.
To be had in a variety of numbers of
J. W. VIOLETT,
Lottery and Exchange Broker,
Near the comer of King and Fayette Streets,
Alexandria. D. C.
OATS AND CHEESE.
A 9A BUSHELS Oats
ffcOv 10 casks Cheese. For sale by
dec 8—eo3t R. A W. RAMSAY.
GROCERIES, AC.
THE subscribers have, and constantly keep
on hand, a general assortment of GROCE
RIES: consisting of Brown and Loaf Sugars;
Gunpowder, Imperial, and Young Hyson Teas;
Coffee; Molasses and Spices; Fish and Pork in
barrels; Family and Common Flour; Clover
and Timothy Seed, (fresh and fine); Cordage
and Corkwood, suitable fer seines; Seine Twine
and Cotton Yarn; Salt, in sacks or bulk; Oils
and Paints—In quantities to suit purchasers, for
Cash. B. WHEAT A SON.
MWho wish to rent the HOUSE and spa
cious LOTS now occupied by them, situ
ated on Pitt streets, opposite SL Paul’s Church;
for terms of which please apply immediately,
dec 1—eofit B. W. A SON.
ALEXANDRIA:
FRIDAY MORNING. DECEMBER 12, 1334.
John H Brent, Eaq. has been appointed Swe
dish and Nortreglan Vice Consul for the Port
of Alexandria, in the District of Columbia.
We have great confidence that a majority,
and would fain hope that even a small minority, j
of the independent freemen of Fairfax, cannot
be wheedled into signing the secret Van Buren
instructions, which the Van Burenites are cir
culating in their county. And we have great
confidence that the Delegate of Fairfax will bear
himself on this occasion, as becomes a repre
sentative of intelligent voters. Mr. Ball’s oppo
nents had their candidate to oppose him—the
combat was a well fought one, and the decision
of the people was triumphantly given in ihe good
old Virginia way, at the polls, last April.
Why were not instructions gotten up when Mr.
Ball was at home? Why wait till he was in
Richmond? He always was ready to meet his
secret instructors, in the light ofday, before the
people. Why were they not then to be found?
People of Fairfax! put a seal of reprobation
upon the effort now made to hitch you to the
car of the New-York intriguer._
The Richmond Enquirer is severe upon what
it calls “Proscription”—in a particular case.—
Why has not the Enquirer, for the last six years,
not faintly dissented from, but faithfully and
fearlessly and honestly rebuked that abomina
ble mandate which proclaimed that to the “vic
tor belonged the spoils” of office, and which has
been acted upon, by the party in power, with
undeviating consistency during all that time?
That acute, literary! journal, the Globe, dis
courses about Mr. Wilde’s poetry &c. The
Globe has made two or three blunders and mis
takes about this business already. You had
better let such things alone gentlemen—it is not
in your line. Ladies Albums are not read in
the Kitchen.
Mr. Hawes’s proposition for an inquiry into
the West Point Academy, introduced into the
House of Representatives the other day, result
ed in referring the whole subject to a Select
Committee. Vigorous attacks will be made a
gainst that school; but it will stand, for the pre
sent. _
We are gratified to perceive, from the gene
ral tone and spirit of the public press, that any
interruption of the harmony between France
and these States, is earnestly deprecated, and
that the people of this country appear desirous
to bear and forbear, as long as possible. We
trust every effort may be made, on both sides,
to adjust the difficulty in which we have been,
with no fault of ours, involved.
We trust that Mr. Clayton, of Del. may be
induced on public considerations, not to de
cline being a candidate for re-election to the
Senate.
The tiial of the prisoners charged w ith being
engaged in the Convent Kiots, near boston, is
now in progress.
The Canal Convention, at Baltimore, ad
journed tine die on Wednesday at 8 o’clock, P.
M.—Particulars in our next.
The President’s Lion.—The “Roaring Lion,”
sent by the Emperor of Morocco to the Presi
dent of the United States, immediately after the
latter had assumed High Power in the Ame
rican Republic, has arrived, and is now exhibi
ting in Philadelphia, as we learn from the Ga
zette of that city._
The President and Mr. Rives.—Mr. Rives to
impress his countrymen with a high idea of his
Diplomacy, says:
An arrangement which, amid many difficul
ties, has secured, for claims of our citizens,
(prosecuted in rain for the last twenty years.
“ and a large port ion#f not the whole of which has
“ been considered oa'desperate,) a sum sufficient,
“in all probability, to pay every cent justly due.
“ and nearly treble the amount pronounced to be
“ due by the Commission charged w ith their ex
amination here, Ac.”
The Commander of the Faithful, in order to
produce irritation against France, says in his
message:
“ Although the gross amount of the claims of
our citizens is probably greater than will be ulti
mately allowed by the Commissioners, sufficient
is, nevertheless,shown to render it absolutely cer
tain that the indemnity falls far short of the ac
tual amount of our just claims, independently
of the question of damages and interest for the
detention.”
Who is mistaken? Perhaps it can be show n
by the Globe, that both are right
Duel.—We learn that a Duel took place yes
terday on the Delaware line, between two young
men, students of the Pennsylvania University,
one a resident of the city, and the other from
the interior. Thelbelligerentsexchanged shots,
with no other result than a slight injury to the
trigger finger of the gentleman of the country,
and so the matter ended.—Pennsylvanian.
The Boston people are being edified with the
contents of a pamphlet, with the following for a
title page:
“ A candid appeal to the citizens of the United
States, proving that the doctrines advanced, and
the measures pursued by the abolitionists, rela
tive to the subject of Emancipation, are incon
sistent with the teachings and directions of the
Bible, and that those Clergymen engaged in the
dissemination of these principles, should be im
mediately dismissed by their respective congre
gations, as false teachers. By Simon Clough
D. D. L L.D. Pastor of the Christian Society
Pall River, Mass.** 3
———
Our advertising customers are request
ed during the session of Congress to send in
their advertisements at as early an hour in the
day as practicable.
BLANK SAND PAMPHLETS
Printed, with neatness & despatch, at this office.
POTOMAC COAL.
TO THE EDITOR OF THE ALEXANDRIA Caz
Having shewn the progress of the CqT'
on the Lehigh and Schuylkill, and its a* ^
ing increase, I now propose to gjVe
tracts from the report, with the rates of n* *
transportation on these and some othe r ***
With this data and some other, obtained*
from the report and partly from enouiril^
tuted by myself, (of the correctness
every one may judge, who will take the t
to examine,) I mean to hazard some c t!!!*
tions, 1st. as to the rate at which coal m*
1 believe will, be brought to the District ,2’**
and, 2dly. as to the probable amount of t, r
the Canal after it shall be finished to the ?**
or above Cumberland: air'«
“ The tolls charged by the Union Cm i
Lehigh Navigation Company do not ex. 7*
an average, two cents a ton per mile on aTi ’01
modifies; afid the cost of trackage’ nr f'18,
does not, and certainly will not. hereaf.J^
if at all, exceed the half of that sum.-’
In a note on the same page, we are informs
“ On coal, it is half a cent per ton t», *,
on the Pennsylvania State Canal; threffiJS
of a cent on the Union Canal; and four £ ,
a cent on the Schuylkill.” 6
Page 296, after describing the Lehigh ia
provement, its cost, &c , it says:
“ The estimate of the late able superintend
of this work, makes the cost of transport*!
upon it, in seventy-five ton boats, plyinj be..!!!
Mauch Chunk and Easton, at two-thirdso?*
I cent a ton per mile, supposing a trip bet**!
Easton and Mauch Chunk to consume four S
a half days, and to require three men and it!
horses, and to return empty.”
“ ,n rPP'y to certain queries addressed toil,
j President of the Board of Canal Commission,*
[General Stephen Van Rensselaer, by the chan
j man of the Committee on Roads and Canali
he was politely favored with the following an’
[swers.”-(p. 221.) an
| Of these answers, the 2d, 4th, and 5th, only,
are extracted as necessary to our present pun
pose:
“ 2d. The rates of transportation vary on 4/
ferent articles, but the average price without
tolls is about 2 cents per ton per mile. Salt,
plaster and agricultural productionsarecharged
at from 1 to 1$ cents; merchandise, fumiturr
4c. at 3 cents per ton per mile.”
“ 4th. The greatest tonnage is 55 tons, hut the
average freight of the loaded boats is about 40
tons.
“5th. Two horses are required for freight
boats; they are navigated by five men, travel
day and night, and perform fifty miles in twen
ty-four hours.”
By the above extracts, it will be seen, thatthe
trackage or transportation on the Erie Canal,
with 40 ton boats, on salt, 4c., is 1 a 1$ cts. per
ton on the Lehigh, with a descending trade on
ly; but with boats of 75 tons, which is nearer the
capacity of the Chesapeake and Ohio Canal,
the trackage is $ of a cent per ton per mile;—
when, then, we admit that boats of 100 tons mar,
and no doubt will, navigate this Canal, it is rea
sonable to suppose, that the freight or trackage
on it will not much exceed one half of the sane
charge on the Erie Canal with its 40 ton boat*,
and be less than the Lehigh with its75 Ion boats.
I fully believe that it will be from Cumberland
with coal, as it is now from Harper’s Ferry with
flour; that is, the rate of trackage and toll fill
he the same. From Haper’s Ferry, I am in
formed, the freight on a barrel of flour to George
town is now 25 cts., including toll, which is 12$
cts. The toll as now fixed by the President
and Directors on coal, from Cumberland to
Georgetown, is 4 cts. per bushel. When the
trade shall be fairly established and in lull ope
ration, there can be no doubt they will find it
expedient to reduce the rate to 3 cts. or less.
The following calculation, which hasbecnrx
hibited to, and admitted to he fair.by. men of
experience and intelligence, shews that the
transportation may be effected, as before stated,
for the same sum as the toll. To it is added
the present rates for coal at Cumberland and
Western port, to shew that the assertion of Mr.
Mercer, previous to the subscriptions of stock
in this company, and which many scouted at
visionary, will prove to be a beneficent reality,
viz: That coal could be brought to the District
and sold at 12$ cts per bushel:
Length of Canal from Cumberland to
Georgetown - - * ^
From Georgetown to Alexandria, by
lateral canal, -
Miles • • 194
The rale of toll, 4 cts. per bushel for 186
miles, is equal to 3 5 of a cent per toil
per mile. Then, 100 tons for I94miles
at 3-5 cent, is - * * ™
On the Northern canals, 26 miles is 8 d*)
travel, equal to 7j days from Cumberlan
Alexandria—same to return, or 15 days to
trip, allow 5 days to load and unload, maMng
20 days. . .
Now, it takes, to work and manage hie «
2 men, 1 hoy, and 2 horses.
Hire of 1 man for 20 days or } of a month,
at $9 per month, - * ^ u
Do. 1 man do * ?
Do. 1 boy for f of a month, at $6 , ..
Do. 1 horse •* “ “ at 8 ^
Do. 1 do “ “ “ at S 5 M
Board of 3 hands $ of a month each, at
$6 per month, or 2 months, - *.
Do. 2 horses for | of a month, at S5, or
Ij months, - - * 6 J.
Cost of wages and board for men and ^
horses for one trip, up and down,
A substantial, well built boat will cost,
say—in Alexandria, $1000;—(it may
probably be had for two-thirds that
sum in the upper oountry,where timber
is much cheaper.)
Interest on $1000 for 1 year, $60 00
Wear and tear, say 10 percent.,
which will replace the boat ev
ery ten years, - - 100 00
Allow for profit on business 860
per month, - 720 00
Total - - 8880 00
And, supposing there are but 12 trips in ^
the year, will be, per trip,