Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1834-12-25
Total Capital Of the Company
200 900

o'a' C'pitaI OF the Company So 300 900
Under the auspices of sbilrul and economical
management there seems to be no reasonable ground
to doubt that the luc may be completed with the n.
mount of capital set forth in the preceding caleola.
ton
The adequacy Of the estm lie FOR the Kana1vha
| navigation seems never to have been questioned
from any quarter whatsoever
Mt Cdbc!l here entered into a variety ors,,te.
ments, enforcing the probable correctness of the
foregoing estimates and preference To the ci,cnn
stances which will reduce the relative cost of the
James and Jackson River Cana-whieh want a,
room compeIs Us TO omit. i EdG. Virglaial
The next enquiry will be as to
The Estimate of Tonnage and Income uDou t1s
line.
l. LIT 1t be supposed that the work will com
monce IN the cast, and progress to the west and
that the year 1888 being mainly year of prepora-
ton, the canal Will be executed far as Lynch.
burg, by the LIST. Jan. 1888
Thu amount of produce and tonnage exclusive nj
coal and plaster, which paid toll on the lower ca.
nal in the year 1925, was 3122Itons
(Sce Crozct's Report of 1896, o D. 137 -16oA
The amount of similar tonnage in 1881.
was $500 tons
(See CroZet's Repou orI6tb Dec ls2I- 1c,l,
Annual Rcpor Of the Board of pnhllc WI. -,
800 80
TIE ratio Of increase ortl,o fo,nogo ,,,.,.# a.,
river, for the six years n,cyioos n ,,,o -,
1872 cyclu,,yo oC tho a,fi,lc, re.,l. nd ,l,#.
being thus 0sccrtaIued to have been about 10l0lons
per annum, It IS far to assume IA similar average
rate OF increase for The susceeIin. tera, If -,
years.
on the frs, Jan 1879 h., ,,li.l, ,,,,, :, :.
nosed the canal have viii rcachod ,,ncl,,.
ouvht to he unon the cno,I
article of coal If which h ,l,o -, -, W
were % -s1 tons and ,ndo,an1,..,l.. -.
crease resulting from the nnroy,roa,ys ,,.Y,,,5
of produce and merchandise ao,anrtia,,
90 600 tons. Supoosinp the C,omnany NO., ~
opening Of the toll. house nj ,,orhr,gg ;r.,,.,z,
secure a rrspectohl, divi,lcI :, ,b, stfe,l.I..a
fix their tolls 1T the moximuno rate allowed Inv The
charter that is to saw, at an oysf,r. af3 es,Is
per ton per mile. inclusive or ev,7r,s ,i ;.r,..
the expcns c of TRANSFORMATION ,ynnId in a In, -
years be considerably reduced and the in.stio,.lI,
advantages rcsultino from, the certaintv sr,,, l.
spatch and convenience of caual nav,.,,,,,,
would be secured 10 the commerce unon ,L,. Inc
(Sec Synopsis Of the lanes River al If.=#...f
Improvement y, lGl7A
There would cer,ainly be considerable addition,
10 the tonnage resuliine from, Ia. i,,,,,.,,,,,,
Let it be granted however, that the toni tonm,gc
of produce and merchandise, would now nmonn, IN
only llAOO0tons.
Twelve wears ago. one half the TONNAGE on the
river was stated bv the Enoineers tn s fro, or n
Lynchburg or places above il. It,s reasonable Ia
suppose that the upper part Of the trade would now
be somewhat ereaterthan !, was IN the yc9r ls23
But let it b. supposed ma, Of the lo0ooo IONS
50 900 would be from and to Iynfb.,aro# and ola.
ces above it ; and 10000 tons from and to places
below LyDchburg; aud that the latter 80 900 tons