OS1/32/22/79
List of names as written | Various modes of spelling | Authorities for spelling | Situation | Description remarks |
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Forth and Clyde Canal | 25.9 | ж In July 1775, the Canal was fit for navigation to Stockingfield, the point whence a Side-branch was designed to lead off to Glasgow, and in 1777 the Side-branch was completed to Hamilton Hill, Still nearer that City and accom- modated at its terminus with a basin for the reception of vessels, and granaries for the storage of foods. But difficulties had occurred on which the inexperience of the age in Canal-making had not calculated and had occasioned So great a Surplus expenditure above the estimated Cost that the finances of the Company, Seemed to be menaced with Confusion And ruin. - All the original Stock all the Amount of a Subsequent loan, and all the proceeds of toll-dues hitherto received, were expended : And, at the Same time, the annual revenue did not much exceed £4,000. - Shares now sold at 50 per cent discount; prospects were gloomy and disastrous, and doubts arose whether the Canal would ever be carried to the Clyde. - Continued. - * |
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Chr1smac -Moderator, wilson5bh
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