r, pure water. This pleased the citizens very
much. But there was a clause in the charter to the effect that as all
the money might not be needed for the bringing of water into the city,
that which remained could be used for _any_ purpose the company saw fit.
Only those in the secret understood that the money was to be used to
start a bank. So the company dug deep wells not far from the Collect
Pond, and pumped water from them into a reservoir which was built close
by the Common on Chambers Street, and then sent it through the city by
means of curious wooden pipes. This water was really just as impure as
that which had before been taken from the wells, and it was not long
before the new water-works were known to be a failure. Then the company
gave all their attention to the bank, which had in the meanwhile been
started.

[Illustration: Reservoir of Manhattan Water-Works in Chambers Street.]

This company of Aaron Burr's was called the Manhattan Company, and their
Manhattan Bank has been kept going ever since and is still in existence
in a fine large building in Wall Street.

So you see Aaron Burr this time got the better of Alexander Hamilton and
his friends.

If you turn the page you will read more of Hamilton and Burr.

CHAPTER XXXIV

MORE about HAMILTON and BURR

The dawn of the nineteenth century saw 60,000 people in the city of New
York and the town extending a mile up the island. Above the city were
farms and orchards and the country homes of the wealthy. Where Broadway
ended there was a patch of country called Lispenard's Meadow, and about
this time a canal was cut through it from the Collect Pond to the
Hudson River. This was the canal which long years afterward was filled
in and gave its name to Canal Street.

[Illustration: The Collect Pond.]

From time to time there were projects for setting out a handsome park
about the shores of the Collect Pond, but the townspeople thought it was
too far away from the city. But in a few years the city grew up to the
Collect Pond, which was then filled in, and to-day a gloomy prison (The
Tombs) is built upon the spot.

One of the new undertakings was the building of a new City Hall, as the
old one in Wall Street was no longer large enough. So the present City
Hall was begun on what was then the Common, but it was not finished for
a good ten years. The front and sides were of white marble, and the rear
of cheaper red sandstone, as it was thought that it w