Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1834-12-30
upon it's bosom an ample supply of the produc-

upon its bosom an ample supply OF the proauc-
tions of its soil and industry. to render an age
ouate return to the proprietors oil the STOCK IN
the company, and so tar as 10 IealiLe ',I
liberal antcinations ofthe friends OF the scheme.
The convention has been assured, from quar-
ter entitled to unqualified confidence, that wneh
the canal shall have reached point 10 wnich
it is expected to be navigable early in the spring.
there will be placed upon II trade which WI,
furnish an annual revenue OF 5000 VO oeyohd
its present receipts The tolls will then yieio an
income of six per centum upon the entire sum
which will then have been expended. We are
further assured from quarter equally entitieo
to our confidence, that when the canal shall De
COMPLETED to the coal banks above Cumoeflanu,
sources of commerce will be opened whicn VIII
supply an annual income exceeding one miii,oh
of dollars. We believe ourselves warranted IN
stating to your honorable bodies, thatwhen this
work Shall be thus far extended, the income OF
the comnany will not probably fall short OF
twelve per cent on the whole expenditure. ms
income must increase daily with the improve
ment Of the country to which it will open com,
munication and every branch OF Industry VIII
be stimulated to redoubed efforts.
With this view of the certain consequences
which are to flow from the extension OF the
work, your memoriasts entertain no dls'fus's
of its eventual success. Ii appeals to the good
sense to the enlarged patriotism, to the best IN
! terests of an enlightened community, IN IAN
ouaoe which cannot be resisted. But when we
reflect upon the present condition OF the COM
pany with its resources exhausted, ana upon
| The situation of the stockholders, with tnelr
means crippled, and their consequent inaohi'y,
| without further aid, to reach this rich harvest
which is now ready for them to gather, we leel
the absolute necessity for prompt and efncleht
assistance Should that aid be forthwith ex
tended. immediate relief will be administered;
| should il be much longer withheld, much gene
raj distress and individual ruin must necessari-
| " be experienced. The present stockholders
! will find that they have Sown the seed, ana ma
| tured the harvest which others are eventually 10
reap.
We know not to whom we can address our
selves with stronger or more reasonable g ouhus
| of hone than TO your honorable bodies. Every
| augmentation of individual wealth. and every
increase of Individual happiness, is to the same
extent an addition to the wealth and happiness
| of the whole nation No new avenues To com
| mercial intercourse, no fresh empIoyments Tor
industry, can be opened without furnishing the
proportion of contribution 10 the public treasll-
| ry No party to this great undertaking has $"
many or so important interests involved IN lis
success as the Government OF the Union. No
one has contributed so little in proportion al
those interests; no one possesses such ample
means
Every consideration and every inducement
happiIy harmonize here; and most earnesly do
we entreat you tn adopt such measures as your
wisdom shall seem best calculated To add sOarge-
" to the prosperity of the Union at large. and
of the great body of its citizens whom we have
the honor to represent.
On behalf OF the committee of the Conven-
ton:
RICHARD S. COKE.
Chairman &c dc.
Der TO- 1894.