National Republican., 1873-03-11
GEORGETOWN'S FUTURE.
An OLD CITIZEN ON THE PROSPECT.

What HIs Prophetic Vision T,evesi.-Nrnbu.
mctures, Commerce and Tradc-A
Goodly showing and Reasou. Thrtc.
fer--A New start fer Oar sister Cip.
In the course Of hls perambuiations yesterday,
a arepotterbf the RSruBLiciN met with Nj. Riley
A. Shlnn, a well-known and most cnterprIsIng
citizen OF Georgetown, and the following con.
yeTsation ensued:
"wcll, Mr.. shlnn, how is business prosperius In
Georgetown
ing up from a long sleep. think we arc destined
to be ne west end, and a great manufacturing
centre Of the South"
GLOW Ia that to come about7r
ave have water-power not surpassed by any
In the United States. believe in few years we
will have mills and factories dotted along from
Georgetown TO the Great Falls uf the Potomac.
Win the advantage Of the canal and railroads
now projected, we shan be able TO furnish grain.
coal, nour, and cotton aud manufactured goods
to any part Of the world.'
"Thcn you are expecting great things too from
the river and harbor Improvement
ayes, slf; the channels will be widcned aud
decpencd, the whaves will be built out com.
merce will be enlarged, city property will be en-.
hanced In value, and a general impetus given to
all Kinds Of business therein"
"liOw Is the coal trade In georeetuwn?"
~ understand from those engaged in the bust.
ness that II u Increasing every year, aud that
now the facilities for carrying Il on are not sum.
cient. Ihls drawback. however, will be rene.
proposed to put an outlet lock above the aquo-
duct, In Georgetown. BY so doing the coal nier-
chants OF Washington can receive u any OF their
wharves, and rcshlr II any time or to any place
GLOW Is the banking buslness ir GeorgetownT"
"There Is one there which has changed from
Joint stock or free banking institution TO 4 ma.
tonal bank. think It one OF the safest, a. Il ia
| one OF the Oldest In tho District, That at the
present time, IA the only one In existence there;
S9s 3y INC & Sy; nr; sl Reporter, we propose 70 Try
saving plan. That Is only TO pay one ofrcer at a
salary TO receive deposits frOln one dollar aud
upwards, which, while profitable to the bank,
Will he fair to the depostor. We think Il will
not interfere with the other bank but will bene-
1t many who 10 not now feel able to Keep de-
pOslts."
"rhen, In your judgment, MIR. shinu. this PRO.
posed new bank will benent the artisans and
laboring men Of GeorgetONn7"
"Why, certainly, and for this reason because
| many OF them made large wages through the
summer while they could work, but by the eNpe-
rtenco we have had in the last six months Of cold
weather, In which little or no work could be
done, many OF them could have laid up when
they were making money IN a bank Ike this, and
been thereby enabled to live comfortably when
no work could have been done, AMI any laboring
mhllt hNNVthlHk 70 NY NNUtFltnttt VINO mas
hank deposit, has before him an incentive for
| thrift and economy"
"Iiow is the hour business this season In
Georgetown :"
81 Inink II was successful up 10 the close Of
| navigation. have understood that the wheat
crop OF virginia and Maryland was Of a very
| superior quality. but since then think they
have made very little on account Of the carly
closing OF navigation, and having TO get grain
| by rail from other points and hauled from Wash.
| ngton to Georgetown, and much OF the time
having no water IN the canal to facilitate manu-
! facturC.
"Mr: Reporter, have convcrsed with many OF
| the old citizens, and great many who have not
| been there as long as ] have, which has been
nineteen years, and I md but few Of the old or
| new comers that object TO the improvements as
| they look at the present time, but there were
many dissenting voices when the Board Of Pub
| lie Works commenced improvements In George
town. haven't found an old or a new citizen
| In Georgetown who does not say that the iln-
| provement Of Bridge aud Agueduct streets has
been the greatest one that could have been done,
particularly the NJ and High street bridge"
Then, TO sum II all up, ueorgetownl Is on the
high road to prosperity ?"
"les, sir. Although q Sunday paper with a
very funny editor calls US q cemetery"