The Bay State Monthly — Volume 2, No. 2, November, 1884Various
History
The Bay State Monthly — Volume 2, No. 2, November, 1884
Various
Massachusetts -- Periodicals; New England -- Periodicals
Firewood and lumber always formed a very considerable item in the
business of the canal. The navy-yard at Charlestown and the shipyards on
the Mystic form any years relied upon the canal for the greater part of
the timber used in shipbuilding; and work was sometimes seriously
retarded by low water in the Merrimac, which interfered with
transportation. The supply of oak and pine about Lake Winnipiseogee, and
along the Merrimac and its tributaries, was thought to be practically
inexhaustible. In the opinion of Daniel Webster, the value of this
timber had been increased $5,000,000 by the canal. Granite from
Tyngsborough, and agricultural products from a great extent of fertile
country, found their way along this channel to Boston; while the return
boats supplied taverns and country stores with their annual stock of
goods. The receipts from tolls, rents, etc. were steadily increasing,
amounting,
in 1812 to $12,600,
" 1813 " 16,800,
" 1814 " 25,700,
" 1815 " 29,200,
" 1816 " 32,600,
Yet, valuable, useful, and productive as the canal had proved itself, it
had lost the confidence of the public, and, with a few exceptions, of
the proprietors themselves. The reason for this state of sentiment can
easily be shown. The general depression of business on account of the
embargo and the war of 1812 had its effect upon the canal. In the deaths
of Gov. Sullivan and Col. Baldwin, in the same year, 1808, the
enterprise was deprived of the wise and energetic counsellors to whom it
owed its existence.
The aqueducts and most of the locks, being built of wood, required large
sums for annual repairs; the expenses arising from imperfections in the
banks, and from the erection of toll-houses and public houses for the
accommodation of the boatmen, were considerable; but the heaviest
expenses were incurred in opening the Merrimac for navigation. From
Concord, N.H., to the head of the canal the river has a fall of 123 ft.,
necessitating various locks and canals. The Middlesex Canal Corporation
contributed to the building of the Wiccasee locks and canals, $12,000;
Union locks and canals, $49,932; Hookset canal, $6,750; Bow canal and
locks, $14,115, making a sum total of $82,797 to be paid from the income
of the Middlesex canal.
The constant demand for money in excess of the incomes had proved
demoralizing. Funds had been raised from time to time by lotteries. In
the Columbian "Centinel & Massachusetts Federalist" of Aug. 15, 1804,
appears an advertisement of the Amoskeag Canal Lottery, 6,000 tickets at
$5, with an enumeration of prizes. The committee, consisting of Phillips
Payson, Samuel Swan, Jr., and Loammi Baldwin, Jr., appealed to the
public for support, assuring the subscribers that all who did not draw
prizes would get the full value of their money in the reduced price of
fuel.
Public-domain text, read in full here on John Shaqi.
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