The Old Pike: A History of the National Road, with Incidents, Accidents, and Anecdotes ThereonSearight, Thomas B. (Thomas Brownfield)
History
The Old Pike: A History of the National Road, with Incidents, Accidents, and Anecdotes Thereon
Searight, Thomas B. (Thomas Brownfield)
Cumberland Road; Pennsylvania -- Biography
the 30th day of September last $104,692
leaving, if that mode of calculating be correct, and after
deducting the sum appropriated by the above mentioned act 30,000
--------
a sum applicable to the road of $ 74,692
in addition to the above mentioned unexpended balance of 16,075
--------
and making together a sum of $ 90,767
But if the amount applicable to roads be calculated at the
rate of 2 per cent. only, on the net proceeds of the sales of
lands, this will, on the 30th of September last, have produced
only $ 41,876
from which, deducting the appropriation of 30,000
--------
leaves an unappropriated balance of $ 11,876
which, added to the unexpended balance of the appropriation 16,075
--------
makes an aggregate of only $ 27,951
3dly. That the probable receipts on account of that fund may, for the
two ensuing years, be estimated at $22,500 a year, if calculated at the
rate of 5 per cent., and at $9,000 a year, if calculated at the rate of
2 per cent. on the sales of lands.
I have the honor to be, respectfully, sir, your obedient servant,
ALBERT GALLATIN.
Hon. Jeremiah Morrow, Chairman of the Land Committee.
P.S.--Amount of the 2 per cent. of the net proceeds of the lands
within the State of Ohio:
From 1st July, 1802, to 30th June, 1803, 2 per cent. $ 2,400.00
From 1st July, 1803, to 30th June, 1804, 2 per cent. 3,524.06
From 1st July, 1804, to 30th June, 1805, 2 per cent. 5,597.72
From 1st July, 1805, to 30th June, 1806, 2 per cent. 11,243.55
From 1st July, 1806, to 30th June, 1807, 2 per cent. 9,120.75
From 1st July, 1807, to 30th June, 1808, 2 per cent. 9,902.80
Estimated July, 1808, to 31st October, 1808, 2 per cent. 2,815.60
----------
Total $44,692.48
The sum of $30,000 appropriated per act of 29th of March to be
paid therefrom; of which $13,924.85 seems to have been paid.
A. G.
CHAPTER VII.
_The Life of the Road Threatened by the Spectre of a Constitutional
Cavil--President Monroe Vetoes a Bill for its Preservation and
Repair--General Jackson has Misgivings--Hon. Andrew Stewart comes
to the Rescue._
Public-domain text, read in full here on John Shaqi.
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