Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1804-11-22
Hehington 7ontane.
CroRcs- TOws, efb oaobsr 1894.

OE0kGE- lOWNl VIZ NtSVUst1,
A NUMBER OF PRoPRiBTORS m the
city Of Wilmington, with views 20 convert their
property into immediate money, have formed the
i slowing PLAN CT. = TONTINE; and have
appointed the fublcIibcr their agent for carrying
the fame into execution.
A lii Of the lots embarked in this cnterPrile
psecedes the plan of the inftitutI6. Plats OF The
city, on which rbefe lots will be deignsted, will
(. be lodged at the fcversl tayeans in Warrington
md George Town, for public INFECTION; AMI
bookswiiI be opened in the city for receiving iub
5criptions cff1arts, OIL the 6rR DAY of December,
enfuing. Should books be opened eirwbere, cue
notice will be given thereof. Payment moR DC
made for the harcs at the time of luolcriblng, but
If contrary to Reasonable expectation, ihthcient
rumber Of flares mould not be fubfcribed for the
execution OF the fcheme, che money ihallbe faith
fully returned to the fubferbers, and without any
unneceaary delay.
The contribution of the Tontine is too plain to
/ need explanatoryremarks. The BATS of the inRi-
! tuition being riGng property, rated on very
low fcalc, the advantages mutt be greater than
!, could re(ut from mere monied inhitu;ion. II
feems indeed more than probable, that each aock-.
holder wl,b furviyes the diGolution oil the cempa-
nv, will find the value of his flock augmented
" enty fold, or more, Ifany think that thisla-
vors Of extrayagance, let them advert to the~in.
clreafed value of unisproyed properly in any Of our
cargo towns during the laf 90 years. Let them
compare with the prices Of the ToDtne lots, thole
the mott Indifferent property in any OF ftoie
towns now. 1t will not be contendcd that any
TOWN in the United States had, 20 years ago,
airsr proipccfs of rapid increaie, than -Waihing.
: con has at this day. The fact will not be. OFF
pute9, that the Tontne lots are generally alnopge
che mott valuable in Washington
The feat Of government for fucha country as
fheUrited States, cannot long remain an in2ohh-
derablc city. But Warrington has an advantage
more important than even this. II is the Reatet
Tea port TO that country which may be ju&ly de-
nominated'thc granary of America.
A plan of this kind termed 70 years ago on the
BATS Of unimproved property in Baltimore even
in George Town, would have yielded 10 the fur
wing advensurers of this dsy, pfodtof forty if
not an ufdredfold.
In May, 1900, Warrington containe3 $500
inbabisanss-in May, 1885, 1890. The nun,
Der now exceeds 5000. 10 che fame ratio o.
progrei1ivc increaie, the population in 1907, Sif
be 5000; in 1910, $500; ID 1913, 1890 I;
In 1916, 1890; in 1919, $1,000, in 1872,
%. 600 ard in 1875, $4,000. Men OF fenfe,
who examine the Gtuation of the Tontinc lots,
will perceive that the whole of them mutt be in
demand for improvement before the population
RITES to 20, 600. From the time, happen when it
will, that our commerce lhal principally depend
upon our own productions, and cur own con.
fump.ion the iacreale Of the city will be infinite.
ly more rapid. The Fcfources ofthe country at
sached to it by nature, are now equal to the
maintenance of SO 900 fouls irsthc city. Thefe
refources, diverted at this time into many differ
en-, channels, will be confined almof excluGyey
TO Warrington, when Europe halI be at peace,
and each maritime nation can carry for tfef.
The ufnal mode of telling lots in our large
towns is by the front foot; in Wslhingson the
mode is by the fquare foot. at the highef price
in this plan, a lotto Is feet by Izo will be 40
dollars the>loweR price 60 dollars; in fquares
where there aie alleys, tIiAe more.
The whole property leafed out at IS. per front
foot, would pay more than s PEI cent. inserea ON
she capital.
BEN: SToDDERT.
T-be -failsrvine his intbe eify Of K'g6mg.an err