New River, an artificial cut, running 38 miles southward from Chadswell Springs in Hertfordshire into reservoirs at Hornsey and Stoke Newington. It was designed for the water-supply of London, and completed (1609-20) at a cost of £500,000 by Sir Hugh Myddelton, goldsmith, who died poor on 10th December 1631. The seventy-five original shares, sold for £100 apiece, sell now at the rate of from £85,200 to £94,500.
New River
Chambers's Encyclopaedia, Volume 7: Maltebrun to Pearson, p. 470
Source scan(s): p. 0479