The expression "over the top" had not become the pest that it and other war-time weeds of rhetoric have subsequently proven. That was a time when one could still refer to a "drive" without causing a gnashing of teeth. Picking the site at the Lake Pontchartrain end of the canal, Doullut & Williams Shipbuilding Company began to erect its shipyard. The plant buildings were erected upon tall piling. As the dredges excavated the material from the cut, they deposited it on the site of the shipyard and raised the elevation several feet, so the buildings were only the usual height above the ground. Both sides of the Canal, it should be added, have been similarly raised by excavation material. It was planned that the ships from the Doullut & Williams yard should be sent out into the world through Lake Pontchartrain, which empties into the Gulf of Mexico. There was ample water in the lake, without dredging, to accommodate unloaded ships of this size. But the fact that ships 400 or so feet long and drawing, when loaded to capacity, 27 feet, were to be built at New Orleans, emphasized the belief of those directing the work of the Industrial Canal that the plan on which they were working was too small. An 18-foot canal would not meet the growing needs of New Orleans. Accordingly the Dock Board instructed the engineering department to expand the plans. By June 11, 1918, the plans had been revised to give a 25-foot channel. This would accommodate all but the largest ships that come to New Orleans. The cost of such a lock and canal, George M. Wells estimated, would be $6,000,000, or $2,500,000 more than the estimate for the original canal. The Levee Board promptly raised its ante to $250,000 to guarantee the interest. When the Dock Board floated the first bond issue of $3,500,000 in February, at 95, it reserved the option to issue another $1,000,000 of bonds within thirty days, at the same rate. For $1,500,000 of the new issue, the same syndicate of banks offered 97-1/2, or two and a half points higher than for the first; but for the other million, they held the board to the original rate of 95. President Thompson reported to the Dock Board June 11 that he considered these "very satisfactory terms." He added: "We were able to secure these better prices and conditions because the bond market is in a somewhat better condition now than it was when we made the original contract." The contract was accepted on that date, and application made to the Capital Issues Committee for the necessary permission. This was given in due time, though there was considerable opposition.