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Medford Historical Society Papers, Volume 1. 1 1 Browse Search
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Medford Historical Society Papers, Volume 1., chapter 15 (search)
various locks and canals. The Middlesex Canal Corporation contributed to the building of the Wiccasee locks and canals $12,000; Union locks and canals, $49,932; Hookset canal, $6,750; Bow canal and locks, $14,115; making a sum total of $82,797 to be paid from the income of the Middlesex canal. The constant demand for money in excess of the incomes had proved demoralizing. Funds had been raised from time to time by lotteries. In the Columbian Centinel and Massachusetts Federalist of Aug. 15, 1804, appears an advertisement of the Amoskeag Canal Lottery, 6,000 tickets at $5, with an enumeration of prizes. The committee, consisting of Phillips Payson, Samuel Swan, Jr., and Loammi Baldwin, Jr., appealed to the public for support, assuring the subscribers that all who did not draw prizes would get the full value of their money in the reduced price of fuel. In 1816 the Legislature of Massachusetts granted the proprietors of the canal, in consideration of its usefulness to the publi