The Newark Reservoir.
There is a strong probability now that some arrangement will speedily be made with the East Jersey Water Company by which the latter can be helped out of its financial difficulties, which consist of having to pay interest upon the money which it has borrowed and put into the construction of the Newark reservoirs and conduits. The company does not know where to turn for money, it is said, and is now in a position to plead with the city of Newark to help it out of the difficulty upon its promise to furnish a temporary supply and to complete the works in accordance with the contract.
It has been claimed that the water company has spent $4,000000, $500,000 of which was borrowed in Newark and $3,000,000 paid in by the Lehigh Valley Railroad Company.
The w’ater company has undoubtedly got a representative in Newark smoothing the way for a conciliatory arrangement by which it can get an early settlement of the difficulty and a payment on account.
A blunder has been made in calculating the capacity of the works, as well as its cost, and perhaps both errors are attributed to the same man. It will now be necessary to add considerably to the cost of the work by providing additional storage capacity and by deepening the shallow parts of the present reservoirs until they comply with the terms of the contact. The water now in use comes from Clinton reservoir, which has never been full since the dam was completed. It was within a foot of being full last week when the draught was made upon it, and when the gates at Oak Ridge were shut down. It is such a slow-filling reservoir that the result of the present drain upon it will be watched with interest.
Clinton reservoir cannot he enlarged with advantage because of its water shed being now inadequate to keep it full, but the Oak Ridge reservoir is on a different kind of a stream which could supply another storage basin fully as large as either above or below the present one. There is a good site for an immense reservoir in the meadows, half a mile below the Oak Ridge dam. and it is deemed probable that the company will use it as it now owns fully one-half of the tract. A dam thrown across the valley would make a pond almost as large as the Oak Ridge basin, and would probably store water enough to supply the estimated deficiency.