Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1808-05-26
AleranDrta Datlp ADVERTISER.
T thursday, MAy IS,
THE TURNPIKE ROAD.
Mr.. SNowDEN,

MA. OG0WDEN,
AN persuaded that the subject of the
Alexandria and Washington turnpike road,
has otibeen duly considered by the inhabi-
! tasts oflAlexaildria and It's vicinity, and that
were it's rightly understood it will be found
that the Improvements ofthat road holds out
a fssirer Prospec OF gain than any monied in.
stitution Much has been offered to the public.
BY the incorporating act the Stockholders are
forbid tiivliih.g more than twelve percent per
annum entlis money expended IN making the
road, the surplus tolls are 20 be expended in
improving tas road from time to tire. Now
When rails lawas iuily understood, it will be
found very liberal to the interests of the COM
pany, while il protects the puollc convenience
and smNiy secures the due attention of the
company To keeping the read lii repair, by
ooioins them TO lay out any surplus money
over and above the per cent interpreting
the road, Tor instance, suppose making the
roao III the nrst instance shall cost ten taous-
and dollars which consider amply sufficient
and the tolls receiyeslshall amount the FIRST
yearto $1,000, the company viii divide twelve
hundred dollars, for interest at twelve per
cent and lay out S $40 on the road, and so
NON year 70 year, mixing every succeeding
diviaend Of s.' elve per cent On the total sum
expended, and w!len ltne road Shall have
costs OF S 5 900 the dividend Of twelve per
cent being Oh that sum, Will produce Is per
cent 20 the Stockholders, and SO on when
$4,000 shall have been expended the t.iyl-
dead Of twelve per cent being on that sum
will produce "a per cent TO the stockholders,
I tl,,t .E
this small piece O! road, say little over four
mile are as high as for ten miles ogtneLltio
~, road, which has produced 10 per Cent.
On cost of $1,000 q nile AS 10 the diago-
nal part Of the road not meeting general ap.
probation, ii should be With thc citizens
secondary considerations; they ought to come
forward and subscribe the stock and eject active
and practical men directors, and the work
may becompletedat small eXpence. Suppose
the grageliing the road shah COS. e per rodit
will be only $3.50 per mile, ana by making
reasonable calculation this vii. be sufficient.
4 cart body is FIVE feet eleven inches long,
three feet two inches wide and fourteen inches
nigh, the rod OF road TO be graveIied thirty
feet wide, is 495 square feet, to be SIX inches
thick with gravel, which VII require thirteen
Cart lasds Of gravel for every rod--NoW it.
is we'll known that cart can haul more than
Is loads Of gravel from the river shore to
any part of the road &c be. irYroved per day,
and suppose each drayman in town was to
subscribe share aud work one n:tlf the a
mount cut on the road and receive Cash In
payment FOR The other halt, it would maintain
himself and horses, and i'll tbs course OF six
,,,,,rtk ne n ,.,irht cell hic share az AN advanced
price, which certainly IS an object at this
dull season. When have leisure hour
shall enaeavor to prove that the pass across
Four Mile Greek and across Aiexander's Po-
coson can be done fer $4,000 each or less
sum.
Il Friend to hsbrsusments.
w. 1.ed tI.l >rncaadinorc &C th>