Statistics for occurrence #1 of “Lake Winnepesaukee” in chapter 12 of Historic leaves, volume 2, April, 1903 - January, 1904:
... the greater part of the timber used in ship-building, and work was sometimes seriously retarded by low water in the Merrimac, which interfered with transportation.
The supply of oak and pine about Lake Winnepesaukee and along the Merrimac River and its tributaries was thought to be practically inexhaustible.
In the opinion of Daniel Webster, the value of this timber had been increased $5,000,000 by the canal.
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† This entity has been selected by the automated classifier as the most likely match in this context. It may or may not be the correct match.