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Medford Historical Society Papers, Volume 7., An eighteenth century enterprise. (search)
th the exception of the guard locks at Billerica and Chelmsford, which, of hammered granite, were equalled by nothing then in our country, the various locks and aqueducts were constructed of wood, and necessarily perishable. The aqueduct at Shawsheen river was renewed in 1817, at an expense of $7,646.86 (about one-fourth of the net receipts of the previous year), and an additional loss entailed by the suspension of business for six weeks. When we recall that business was entirely cut off by thirection on June 24, 1835. In '38 the dividends of the canal dropped to $20 per share, but still hopeful, the managers kept the canal in order, and in '41 built, at a cost of $5,000, what remains today a monument in granite, the aqueduct at Shawsheen river. While we may wonder at such outlay under existing conditions, we can but admire the courage and faith in the enterprise the corporation had. It seems that soon after Mr. Eddy took charge that he scented the coming danger, and in an earl