Page:Rivers, Canals, Railways of Great Britain.djvu/531



TONNAGE RATES IN GROSS.
Such Gross Tonnage to be taken instead of Mileage Rates, for Coal or Coke passing along the said Canal, between the End of the Second Mile from Longford and its Junction with the Warwick and Napton; and for Pig, Bar, Rod, Hoop or Sheet-iron, Castings and all other manufactured and unmanufactured Iron, Steel, Grain, Lime-stone, Lime, Sand, Freestone, and all other Goods, between the Junction with the Warwick and Napton and the Coventry Canal, and vice versa.

Warehouses and wharfs may be built and the following demanded as

WAREHOUSING AND WARFAGE RATES.
If they remain above Twenty-four Hours, One Half-penny per Ton shall be paid for Wharfage and Two-pence per Ton for Warehousing for the first Seven Days, and the same Sums respectively for every further Seven Days.

The company are authorized to raise for the completion of the work, £131,877, on mortgage, at £5 per cent. interest; but they may borrow at a lower rate. It is impossible to describe all the public benefits derived from this important work; but by inspecting our map, it will be seen that the direct line of water communication is through a certain part of this canal, from London to Birmingham, Liverpool, Manchester and the extensive manufacturing districts of the middle and northern parts of the kingdom; and further, it is also the means of conveying an