Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1833-07-04
CHESAPEAKE AND ONO Canal

ftldNIft ~ Tue present condition and fufur
poets OF this work. The Report occupies six col
umns Of the National Intelligencer. and treats O,
the Canal IN all ITS various concerns with great
minuteness and perspicnity. II is docume nt that
reilects great credit npon those who have mana
ged the affairs OF the company, and placed them,
after display Of ability and zeal almost without
parallel, upon their present prosperous FOOTING
IL was expected that the Canal would have
been IN operation from Harp RS Ferry TO George
town by the first Of May last; bu; ths exist nee
Of the cholera last fall, tended to prevent this by
delaying the execution Of the work The Gallon
lat.on now is that the Canal will have been I'm
lsh d & ready Tor use from Harper's Ferry down
by the hrst OF July; aud boats from the Shenandoah
and the River Potomac, at the head of Harpcr's
cry iails, VIII at the same time BE- enabled 10
enter the Canal, and pursue their way to market
n ariy the entire lns Of Canal below Shepherds
Town VIII be finished by the first of August: aud
thc works above the latter plac1 might b. COM
pleted by the first Of October (the time limited
IA thc contracts) If adequate force and diligence
could be employed. No doubt however is enter
tanned OF the completion of the two dams, and of
all the principal masonry by that tins, which
would leave the balance matter of easy accom-
phshment afterwards, by concentrating iabourers
from Tn. mashed upon the unfinished parts.
Inc fore employed on the Canal above Har-
pHrs Ferry has averaged, fer the five w eeks pre-
6 ding tn 18th May, POO laborers, 655 horses,
1laics and OK a, and 1909 pounds OF powd II Der
week. The entire force on the canal, for the
sam period, has bstn 400 laborers, ,04s hors-
es, mules, and oxen, and 10, 900 pounds Of gun
powder ky.
The yalu Of the work done, from the LIST Nav.
1887, 10 lst May, s33, above the Point ofRocks
exclusive ofcost Of sup Fintendencc, Land purcha-
ses AID cond 'mnation, office and other ncid .nta
exp ms 5, has amounted TO 1888 0I9, Is IA
In work don in the same psrod b low that
point, was l62 ,l92 63, including $50, l07 "a cx
pended IN Washington, and S2l ,220 ~ on the
"a as at the Little Falls, and the entrance Of the
Saaai now in use, the greater partof thu lastsum
belonging 10 tn h sad of repairs-making d total
OF $ji5,2li 50 Ia. The value of tn work re.
maining to b done at that dat list of May last)
TO c1mpi, te tn Canal under contract, amounts to
S7o2,3l5 81 Ia VIZ
{ iY@saington sil74o 5sl.e
Ffoin P't Rocks to Harpers Ferry 95,545
From liar. Ferry to Sh pherdst'n $3.50
Above Sh apherdstown 5I3,o55 % "a
Tn above includes all incidental exp ms g, cx-
cept 10 tn last item allowance is mad for the
purchase aild cond mnation Of lands. Tbs total
value OF tha work doac in Nay, above the Point
OF Rocks, is s los, f2l
Idere has been recently added by contract, in
compliance with the cond lions ofthe Virginia sub
scrptlon, lock for the accommodation of river
boats, opposite Sheph rdstown, at cost Of
Sl2,50O; and TO subserYe a like purpose, the
Board have determined to transfer the locks,
heretofore located two miles above, to point two
miles below the 0p3quon. BY this transfer an
extension of miles will be given TO the Canal,
anu thS dlStdlCc Ol siSCk Watcf at NEaiiOWd}
mill proportiohably decreased These works will
add y ll2 500 to the cost OF the work done and to
D. done subsequently 10 the lst Of May last, max
ing total of S5l5,3l5
From the abovs and other charges, state
mont is construct d, showing Shat to complete the
Canal now under contract, the sum Of 3 4 100000
VIII &c rcqGir d; TO meet whichthere was in hand
on tn LIST May last, in cash, $685. 1872 dollars;
CAL 4 and uncol ct ID stock, 6l657l dollars; and
a IN to b. received from the Baltimore aud Ohio
Ill Road Company, after grading the four and
On. nth mil Of Raj Road, 10000 dollars;
nat lg in all ,295, l04 dollars and leaving bal
ance OF l04 dollars, TO be applied to the flu
tur xtension OF the Canal
The work thus to be completed will be III
mil of improved navigation, consisting of 100
mi ofCanal, and ii mics Of slack water. The
board, consid ring tn. above surplus adj quate TO
az nm dat preparation for ext .nding tho work
tcapon, have dir cted a location, survey aud
e nate TO b. mad for that distance. This
-, though not suffio ant 10 construct the Canal
I nat point, b.Idg d s,ancl o. twenty FIVE
m 8, IS comp. Mt to lay tn foundations Of the
d At CacRpon, and of the abutu4- and piers
O. zen aquedacts as may b b>gun and prosecIt d
" th most economy
The r. port, aft r. indicating tha Directors of
this enterprise from the charg OF extravaganza,
proc eds TO estimate tn cost Of the balanc Of the
w'llr Eastern Section, above that point where the
pr at contracts L rm.nat-. This is 20 miles IN
eAttnt, and estimating the cost at 25,0eU dollars
. work done) the whol1 cost viii amount to H.
o90, 900 dollars; from which if the available sur
pIiS m ans b tax amount OF SOM thing like
100000 dollars win be left TO b. provided One
fesource of tn company for this purpose is the
sal - OF wat = rights; but il is recomme nded not
to dispose of any of these present, in their re-
stTct,d condition, but rather to borrow funds, Sc
cur by the future exercise OF this power, until
IN d sions of courts aud the rsmoval ofthe
Ftrictions by Legislative acts shall have defined
VITA III ~rol..,
Inc main reliance of the company is upon the
gov srn,ncnts Of the United States, Maryland and
virginia for an Enlargement of their subscriptions;
and accordingly it is proposed to memorialize
these powers for the necessary aid to carry the
work through its Eastern Section.
The capital of the Company now exceeds four
millions of dollars.
The tolls for the lest fiscal year have amounted
to 22,625 dollars, having fallen short of the sum
received the previous year, IN consequence ofthe
obstruction OF the navigation OF the Potomac by
The dams above Harper's Ferry. The whole a.
mount OF tolls received since the organization Of
me company, being the revenue on % miles only
Oh the Canal, and for three of the five years since
IN 1he work was commenced,i is $SS,9S9 %.
The Report proceeds TO consider the probable rev.
ehue oil The company, when the work shall have
oeeh entirely completed and in operation as far
as the coal mines above Cumberland, which will
now from the transportation of the permanent &
prohtaoie articies Oh coal, Inb n, hydraulic and
common lime, &c. and which, added TO agr,c,I,n.
raj and other products and return loads of NOR
chandise, will afford ultimately profit anon IN
capital invested sufficient TO compensate th,.
stockholders for the employment OF their funds
and the delays in the prosecution of tho work
This estimate of profits is based upon consider
atoms which, it seems TO us, cannot deceive.
The Report concludes with review ofthe pro
eeedings Of the Legislature Of Maryland at th,.
last session, and the consequent friendly and favo
fable compromise which has been effected, Of the
particulars OF which the public eady awar,
es'ween the Rail Road aud CanRl Companies. Il