Evening star. [volume] (Washington, D.C.) 1854-1972, 1890-12-06
THE C. AND O. CANAL
Georgetown People Believe 1t Will Be Placed
I'm Good Order.


I'm Good Order.
Life in Georgetown is taking on a bripbte,
aspect now that it is likely the canal will be
rebuilt and in running order at some early
date. Since the food that washed out the canal
people across the creek have been waiting pa.
tiently and in hope for the new era that was
promised. The -four mills along the rive,
had lease on the water power from
the canal that still had many years
to run, and after the break came
the question arose as to what should be done.
1t was settled by the water consumers furnish
ing the funds to repair the canal along the
Georgetown level and they were to be reim-
bursed by withholding the water rent. The
oeor getown business men put I'D about
S22,OOo and the annual rental amounts to
about $4,000: In this way those who need
water power have managed to get along all
right, but if the canal is repaired by
next May, as Is now promised, the second
question arises rs to how those who went into
their bank accounts to help the canal will get
even again. This matter is now before the
courts and will also probably be satisfactorily
disposed of. The holders of the bonds of 1874 =
mat Is U say, the Baltimore and Ohio Railroad
company. which has now got control of the
majority OF them-now propose to put the canal
IN working order. The recent decree of the
canal IN running order. The 1874 holders are
gwen four years to place the concern on a paw
ing basis and to redeem the 1877 bonds with the
accrued interest. In case of failure to do this
the property Is to be sold at public auction.
bnt as the Baltimore and Ohio Railroad Com
Pany Is the main holder Of the later issue of
bonds, as well as of the earlier, it would seem
10 De TO their interest to carry matters ahead
with all speed. The appointment of Mr.. III, g.
Mnship general superintendent of the canal
company shows the evident interest the rail-
toad company Is taking in the matter.
A TOUR OF INSPECTION.
STAR reporter made the grand tour of
Georgetown today and talked with number of
the prominent business men on the prospects
OF the canal. All were hopeful and well salts
ned with the turn affairs have taken.
Mr.. G. w. Cissei of the Arlington Mills said.
There is no doubt now that we will have a
canal and am sure We are all glad that il il
actrtalnty at last. think it is only question
OF Tune when we will have a canal and a rail-
road both running into Georgetown"
Mr j. t. Iibbey of the lumber firm OF los
ana f. Libbey was equally confident "A
canal. said he, lis the best thing we can have
ana am glad we are going to have it. Acanal
employs large number of men who will be
paid OF and who will spend their money in
Georgetown A better choice than Mr.. Win
ship for superintendent could not have been
made. He Is pushing, Woodworking man and
Will hurry the work through
9, Mr.. Robt. b. Tenney of the firm Of W. H.
lenney d Sons said: Il am as glad as any one
can be over the prospects, and / think the new
canal management will work il for all il ia
worth. In the first place, the railroad is a
large stockholder in the canal. and by putting
IN IN little more they can save what they now
have: In the second place, the railroad knows
that 1t can carry coal cheaper by boat than il
can By rail, and it will be 10 its interest 10 com
piete the canal and use that rs coal carrier
wherever possible, leaving the railroad free to
'aNe other and better paying freight"
don't know anything about the canal further
than what have seen in the papers, but do
Know that We are going to have canal again
and that am mighty glad of it."