Smyrna times., 1876-06-14


MARYLAND AND DELAWARE SHIP CANAL
Mr.. Horace Tebbets. president of the Mary
land and Delaware Ship Canal has addressed |
circular to the stockholders of the com
pany, urging them to make immediate |
payment Of a further installment Of five /
per cent. on the subscriptions already made /
! to the stock. He states that this Is nCces- /
sary to meet the current expenses of the
company to the present time, but more
especially to complete the purchase of the
| right of way. and thus "cnahle the company
to comply with the terms Of its charter in
the execution Of mortgage to secure the
authorized issue of bonds.
Mr.. Tebbets is of opinion that the time
has arrived to break ground for the con
structon of the proposed canal, as the work
of excavation can now be done for twenty
cents per cubic yard instead of forty cents
per cubic yard, which was the estimated
cost three years ago, thus making the total
expense of building the canal four millions
of dollars now, as against eight millions of
dollars as originally estimated.
The line of route laid down by Mr.. Tcb.
bets is by way of the Sassafras river, the
distance between the head of Sassafras river
and the Delaware bay being seventeen
miles. All this distance across the PENN
sula is, of course, clear cutting, which by
the amended charter, is required to be Of a
depth of twenty-five feet and width of
, one hundred feet. The Sucz canal. except
where it passes through the bitter lakes, is
+ of like width and depth, Mr.. Tebbets
estimates that tho foreign and interstate
. commerce of Baltimore passing through
r the canal would give to it am acgre-
: gate annual traffic of four millions of
n tons, and yearly revenue to the company,
!. ! at twenty cents per ton, of eight hundred
q thousand dollars, which would pay six per
cent. interest on the stock. lie assumes
4 that such a canal, so situated, is precisely
i what Baltimore needs.
y What Baltimore wants, says the SIN. is
: not canal that would obligc ships o
20 burthen to sail down the patapsco river
, up the bay from North Point; up the Sas
safras river; thence across the Peninsula tC
n the Delaware, and down the Delaware rive
il fifty miles before reaching the sea; but
# canal which, taking the southermOst avail
able route across the Peninsula, woul,
m strike the Delaware bay near the sea, anC
at be free of ice at all seasons of the year.
- 4 SUGGESTION FROM D0M PEDRo-ltis an
n. nounccd that Dom Pedro is so much i'm
pressed with the Centennial Exhibition tina
r,, he has written a long letter to Prof. Tho:
IN. c. Archer, of the British commission
~ earnestly cOunScllnH lI6tiucnI SOCIAL lllte
ais course between the representatives
nal foreign nations and our own. lie think
of that the interchange of opinion and courtes
cir would be immensely advantageous to a
=, the participants. To prove his sincerity Il
in offers his parlors at the Continental Hot,
on, to the Centennial Commission for fOr
IN entertainments of this character. Dol
ho Pedro is expected to reach Philadelphia q
~ the 18th inst, where he will remain sever
t. weeks.
he nc, What ten dollars ,oW do.-Only ten dollars
pTri- it is not much, but it will do great de
eSi. @5 when judcously expended. Any one wi
the really wants to do the very utmost with Il
@ @Ied. above amount, and will call upon us,
) +. will undertake TO give him complete oul
his OF Splendid Clothing, fit for Sunday or bu
ness wear, highly genteel, thoroughly
te1 liable in quality, and acknowledged to
ma the greatest bargain in the city for L
Ign money; call and inspect our stock, eve
garment guaranteed, BENNETT & Co., To,
sen Hall, SIS Market Street, Philadelphia. Lo
=. for the Signs and Large Clock over the do,
ieo' way.
FORGERY AT William Bak
w. and Charles A. Baker, wholesale FRI
uls- dealers, were arrested in Baltimore
Monday charged with forging the names
has. different parties to thirty.six promissc
icll- notes, amounting to $4,000. The accus
were committed in default of BAIL Will,
Baker is member of the Second Bran
- of the Baltimore Councils. His resg
ton as such was presented last night a
laid on the table.
SHUT Down IN New ENGLAND.--T
ntly trustees Of the \. & w. Sprague Manui
, turing Commny at Providence, r. l., hi
and ordered the closing of all their mills a
D few print works as soon as the stock can be
out. Production will not be resumed ul
onal the market prices for cotton goods
king materially improved
ston The Hamilton Print Works, at Low
'clled Mass, suspended operations on Monda,
portion Of its calico printers having refu