Democratic Sentinel, Volume 19, Number 42, Rensselaer, Jasper County, 25 October 1895 — It Doesn’t Pay. [ARTICLE]

It Doesn’t Pay.

The great Manchester canal, which makes Manchester a seaport, has not realized the expectations of its originators. It cost $75,000,000, and its net receipts last year were only $125,000. Instead of injuring it has benefited Liverpool, that city havsecured lower rates by railway, while Manchester is obliged to submit to a heavy increase of taxation to meet the interest on the debt it has incurred in constructing the canal.