﻿822 
  NEW 
  YORK 
  STATE 
  MUSEUM 
  

  

  Hudson. 
  Power-houses 
  along 
  the 
  banks 
  of 
  the 
  Hudson 
  will 
  fur- 
  

   nish 
  New 
  York, 
  Brooklyn, 
  Hoboken, 
  Jersey 
  City, 
  Passaic, 
  Pat- 
  

   erson, 
  Newark, 
  Elizabethtown, 
  the 
  Oranges 
  and 
  other 
  cities 
  within 
  

   a 
  radius 
  of 
  fifty 
  to 
  one 
  hundred 
  miles 
  with 
  electricity, 
  heat, 
  power 
  

   for 
  manufacturing, 
  etc. 
  

  

  The 
  construction 
  of 
  the 
  Great 
  Eastern 
  waterpower 
  canal 
  is 
  

   estimated 
  to 
  develop 
  15,000,000 
  twenty-four-hour 
  horsepower 
  or 
  

   30,000,000 
  twelve-hour 
  horsepower, 
  the 
  value 
  of 
  which, 
  the 
  

   author 
  states, 
  would 
  be 
  when 
  fully 
  utilized 
  f 
  750,000,000 
  per 
  year. 
  

   If 
  only 
  one-half 
  the 
  power 
  is 
  utilized, 
  the 
  saving 
  to 
  the 
  country 
  

   in 
  one 
  hundred 
  years 
  would 
  amount, 
  according 
  to 
  the 
  author, 
  to 
  

   more 
  than 
  the 
  value 
  of 
  all 
  the 
  property 
  in 
  the 
  United 
  States. 
  

   The 
  construction 
  involves 
  such 
  items 
  as 
  embankments 
  1000 
  feet 
  

   high 
  and 
  from 
  ten 
  to 
  twenty 
  miles 
  in 
  length. 
  The 
  estimated 
  

   cost 
  is 
  not 
  given, 
  but 
  can 
  hardly 
  be 
  less 
  than 
  f 
  15,000,000,000 
  or 
  

   120,000,000,000, 
  or 
  about 
  as 
  much 
  as 
  the 
  present 
  total 
  value 
  of 
  

   property 
  in 
  the 
  United 
  States. 
  The 
  writer 
  concludes, 
  therefore, 
  

   that 
  this 
  scheme, 
  while 
  involving 
  magnificent 
  possibilities, 
  is 
  not 
  

   likely 
  to 
  be 
  carried 
  out 
  at 
  once. 
  

  

  PRIVATE 
  COMPANIES 
  ORGANIZED 
  TO 
  BUILD 
  CANALS 
  

  

  In 
  order 
  to 
  show 
  how 
  far 
  the 
  people 
  of 
  the 
  State 
  of 
  New 
  York 
  

   became 
  possessed 
  with 
  the 
  idea 
  that 
  canal 
  navigation 
  was 
  

   essential 
  to 
  their 
  commercial 
  prosperity, 
  the 
  following 
  list 
  of 
  

   private 
  companies 
  which 
  had 
  been 
  organized 
  before 
  1860, 
  for 
  

   constructing 
  canals 
  and 
  extending 
  navigation 
  in 
  the 
  State, 
  is 
  

   herewith 
  included. 
  The 
  last 
  of 
  these 
  was 
  the 
  Allegheny 
  Kiver 
  

   Slack 
  Water 
  Navigation 
  Company, 
  organized 
  in 
  April, 
  1857, 
  to 
  

   improve 
  Allegheny 
  river 
  below 
  Olean. 
  1 
  

  

  Gazetteer 
  of 
  the 
  State 
  of 
  New 
  York, 
  by 
  J. 
  H. 
  French. 
  

  

  