Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1828-05-15

Johh otrothers israei Robinson, VIM. Wilson.
Wm' fendeton, Adam Stewart, NeverellLocke,
James Brown. Samuel Baker, Jacob Myers,
VIM Faris, George Shafer, John Doll. John
iabb, Siias Harlan, VIM. C. Burns, Directors.
Chesapeake and Ohio Canal BIZ Passed.
n TRUce To POLITICS FORA MOMENT. -
Yesterday will be proud era in the his
tory OF this district: its future prosperity
may now be placed on basis not to be
shaken by any of the ordinary casuali
ties OF human events in the full tide OF
successful experiment, this metropolis
will go on her way rejoicing. Every
do lar expended on this undertaking.
must add to its magnitude and durability
andbeausy. reared as tits, TO perpetuate
the name of its immortal founder We
sincerely hope the work so magnifcentlv
planned, and literally, patronized. may
be fully effected, and the inestimable
consequences resulting FROM it, reach
our latest posterity.
on the question of engr ossing, Mr.
Mercer said "Supposing the present
oil to succeed, the company would
then have had subscribed to its stock
SS,oo0,0oo. The Canal was divided into
three sections - the Eastern, Middle and
Western. The Eastern section was 1876
miles in length; the Middle So. and
Western section 1911, miles. making the
total length of the canal 34a miles If
the canal should be made of the same
dimensions with the grand canal of New
York, the total cost of the Eastern sec
ton would be 100000 dollars; or,
with the allowance of the usual contin-
gencies, about 100000 dollars. If it
was iorty' eight feet wide, its cost would
be increased by about 400, 900 dollars.
and If. as was most desirable, and, upon
the whole, most economical, it should
be made sixty feet in width, and 1--we
feet deep, its cost would be about
100000 dollars, total cost. from
Georgetown to Pittsburg, would proba-
bly, amount to about ten millions The
stock OF the English canal was profitable
in high degree, that of one of them
having advanced from 1901. to 4oot per
share The greater portion of their
profits ofthe stock would be shared by
the Government in proportion to its
subscription, while the benefits of a
commercial and political kind would
ultimately reach every part of the Union.
After brief debate the bill was or
dered to be engrossed by ayes, H.
noes, 70. being majority of IA votes,
and yesterday finally passed the House.
Its passage in the Senate is also conf
IDENTITY anticipated. Its provisions follow
I'VE the People.
"a Bill suthorlslng Subscription to the stock
OF the Chesapeake and Ohio Canal Company
Be il enacted, sc. That the Secretary of the
Treasury be, and he is hereby, authorized and
| directed to subscribe, IN the name and for the
uss Of the United States. for ten thousand
>hares OF the Capital Stock OF the Chesapeake
and Ohio Canal Company, and to pay for the
sane at such times, and in such proportions,
| as shall be required by the Stockholders; &c.
nerally, by the rules and regulations OF the
! Company, out of The dividends which may
accrue to the United States upon their Bank
( Stock in the Bank OF the United States: Propi.
ded, That not more than one fifth part OF the
sum so subscribed for the use ut the United
| States; shall De demanded, in any one year,
after the organization OF the Compaty; nor
shall any greater sum be paid, on the Sharesso
subscribed for. than shall be proportioned to
assessments made on individual or corporate
stockholders; nor until one half of the sggra.
gate amount of such assessments shall have
been paid: ind provided moreover. Tha, for the
supply of wafer to such other canals as the
State OF MARYLAND, or Virginia. or the Con.
gress of the United States, may authorize to
be constructed, IN connection with the Chesa
psake and Ohio Canal. the section Of the sail
canal leading from the bead Of she Little Falls
ofthe Potomac river, to the proposed basin,
next above Georgetown, in the District OF Co
lombis, shall have the elevation, above the
tide, of the river at the head of the said Falls
and shall preserve. throughout the whole sec
ton aforesaid, breadth, at the surface of the
water, Of not less than sixty feet, and depth
below the same, of not less than Ave feet, with