1115. CANAL, New Orleans.—[further continued].
The Canal Company ask
specifically that we should either lend them
fifty thousand dollars, or buy the remaining
part of their shares now on hand. On consultation
with Mr. Madison, Mr. Gallation and Mr.
Rodney, we concluded it best to say we would
lend them a sum of money if they would agree
to lay out the whole of it in making the canal
from the Mississippi round the town to its junction
with the canal of Carondelet.—
To Henry Dearborn. Washington ed. v, 321.
(W.
1808)
