Correspondence Of The American Revolution (volume 4); Being Letters Of Eminent Men To George…

Paperback | January 6, 2012

byJared Sparks

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This historic book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1853. Not illustrated. Excerpt: ... to Lancaster for one hundred and twenty thousand pounds; and that the carriage, at twenty shillings per ton, would pay fourteen thousand per annum, of which, seven thousand to subscribers, and seven thousand to extension. By this means, in about ten years, they would touch the Susquehanna, and the trade would then so much increase as to produce thirty thousand per annum, of which, fifteen thousand to subscribers, the remainder to extension; continuing thus, till, in about twenty years, the canal would run into Lake Erie, yielding a produce of one hundred thousand per annum, or fifty thousand pounds to subscribers, which is forty per cent. Hence the inducement to subscribe to such undertakings. Proceeding in this manner, I find that, in about sixty or seventy years, Pennsylvania would have nine thousand three hundred and sixty miles of canal, equal to bringing water-carriage within the easy reach of every house; nor would any house be more than ten or fourteen miles from a canal. By this time the whole carriage of the country would come on water, even to passengers; and, following the present rate of carriage on the Lancaster road, it appears that the tolls would amount to four million per year; yet no one would pay more than twenty-one shillings and threepence per ton, whatever might be the distance conveyed; the whole would also be a canal in which there is an equal facility of conveyance each way. Having made this calculation to show that the creative system would be productive of great emolument to subscribers, it is only further to be observed, that if each State was to commence a creative system, it would fill the whole country, and, in less than a century, bring water-carriage within the easy cartage of every acre of the American States, conveying...

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This historic book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1853. Not illustrated. Excerpt: ... to Lancaster for one hundred and twenty thousand pounds; and that the carriage, at twenty shillings per ton, would pay fourt...

Format:PaperbackDimensions:164 pages, 9.69 × 7.44 × 0.35 inPublished:January 6, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217915035

ISBN - 13:9780217915038

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