A gentleman has mooted the propriety of forming a steam-ship canal from Kilkenny to the tidal water of Innistiogue, and he has lodged £400 in the Provincial Bank as a beginning, and as an earnest of his good faith. His name is not given, why we cannot say; but of the fact that the money is actually lodged, we have been assured by the respectable manager of the bank, Andrew M’Kean Esq.
This half anonymous character is to be regretted; and we trust the promoter will not hesitate to announce his name at once, and set the project fairly before the public. Men do business now-a-days with their eyes well open. It is computed that £320000 would be sufficient for the completion of the undertaking. The distance is only thirteen miles. The promoter calls upon eight hundred men in the counties of Kilkenny, Waterford, and Wexford to come forward with £400 each, or else raise the money in £5 shares.
Dublin Evening Packet and Correspondent 27 August 1850 quoting the Kilkenny Journal. From the British Newspaper Archive run by Findmypast Newspaper Archive Limited, in partnership with the British Library.
[NB I have not been able to find any later notice of the development of this proposal. Further information will be welcomed]