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All the energies of the company are to be directed to a faithful discharge of its high duties, and all efforts made to have the canal completed at as early a date as possible.

Appendix to the Report.-Statement of money and credits in the hands of the Chesapeake and Ohio Canal Company, on the 1st day of June, 1837.

Cash in bank, per Treasurer's

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$ 858,528 13

The total amount of money paid on account of that portion of the canal, above dam No. 5, is $805,528. Amount of tolls collected on the canal for the year preceding the 1st of June, 1837, is $24,177 54.

JOHN P. INGLE,

Clerk of the Chesapeake and Ohio Company. Office of the Chesapeake and Ohio Canal Company. Washington, June 1, 1837.

General Abstract of the receipts and expenditures for the Chesapeake and Olio Canal Company, to the 1st off e, 1837, and of the receipts

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Deduct overdrawn in
Leesburg, -

5 33

348,265 48

$6,306,792 91

Treasurer's Office, Ches. and Ohio Canal Company,

Washington, June 1, 1837.

E. E.. ROBERT BARNARD, Treas.

On Monday, the 12th inst., at ten o'clock, A. M., the Board of Aldermen and Common Council, convened in their respective chambers, in the City Hall.

The Boards were organized by the election of Charles Goldsborough, Esq., President, and William Brent, Esq., Vice-president, and Erasmus Middleton, Secretary of the Board of Aldermen, and James Carbery, Esq., President, and Richard Barry, Secretary of the Board of Common Council.

The oath was administered to the members, and the Board then adjourned over to the fourth Monday of June.

NAVY YARD.

The Navy-yard of the city of Washington was organized and established under an act of Congress, approved 27th March, 1804, during the administration of Thomas Jefferson, with whom it was a favourite object of patronage. It contains within its limits about twenty-eight acres, and is enclosed on three sides by a high and strong brick wall; the other side fronts on the Eastern branch, or Anacostia river. Its entrance is by an arched gateway on the north, designed by the late Benjamin H. Latrobe. Inside of the yard are contained all the necessary buildings, machinery, and other apparatus for constructing vessels of every description, erected agreeably

to the most approved principles and modern improvements, with suitable buildings for accommodating the officers. It includes an armory, a rigging and sail-loft, a laboratory for preparing ordnance stores, an iron foundry, a brass and composition foundry, a chain-cable and camboose-shop, an anchor-shop, smithery and plumbershop, a blockmaker-shop, a saw-mill, and a steam-engine of fourteen-horse power, to drive the various machinery, two timber-sheds, on arched columns, a joinershop and mould-loft, two ship-houses, with ways, &c., for building and launching vessels of any size. There is also in the yard a fresh-water dock for seasoning timber, &c. There were built at this yard the ships of war Wasp and Argus, the brig Viper, the frigate Essex, the Columbus, of seventy-four guns; the frigates Potomac and Brandywine, each of forty-four guns; the schooners Shark and Grampus, the sloop of war St. Louis, of twenty-four guns, and the frigate Columbia, of forty-four guns.

The Navy-yard of this place can, in the great extent and completeness of its arrangements, vie with any establishment of the kind in the United States for the construction and repair of vessels, for its anchors, chaincables, cambooses, water-tanks, blocks, &c. In many respects, it surpasses almost every other yard in the Union. Why, then, is this yard suffered to fall into decay for want of national encouragement, and suffer so many honest, ingenious, and industrious mechanics to be reduced to beggary and want because the Government has failed to fulfil the just expectations of those who have vested their little all in houses and lots to meet the wants of those employed on the public works? There is no place in the Union better suited for a Naval School than the Navy-yard located in this city; a school of the utmost importance to the country; and a Naval Hospital, where the brave, generous, but thoughtless tar may find a home and shelter in the winter of age.

It is very probable that it will not be long ere the

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