Colony, Province, State, 1623-1888: History of New Hampshire

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In the opinion of Daniel Webster, the value of this tim- ber 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 18 12 to ;^ 12,600, and in 1816 to $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 18 12 had its effect upon the canal. In the deaths of Governor Sullivan and Colonel 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 Merrimack for navigation.


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