FREE BOOKS

Author's List




PREV.   NEXT  
|<   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33  
34   35   36   37   38   39   40   >>  
unity at a single stroke. The success of the Erie Canal and the rapid growth of internal trade which followed the adoption of the "American System" caused a demand everywhere for more roads and canals and a widespread agitation in favor of government aid to internal improvements. The federal government gave extensive aid to private and state enterprises in the way of land grants and stock subscriptions, though it did not engage directly in the construction of commercial highways. The individual states embarked in schemes of canal and turnpike building which involved them in debts of millions of dollars. Ohio and Indiana began to construct canals joining the Ohio River to Lake Erie in order to secure the advantage of the new outlet to the East. Pennsylvania, awakened to the danger of the total loss of western trade through the state by the fact that shipments of merchandise to the West were abandoning the wagon roads from Philadelphia, Baltimore, and New York in favor of the cheaper route by way of the Erie Canal, began, in 1826, an extensive system of canals to connect the Delaware River with the Ohio River and the Great Lakes. Not to be outdone by their rival states, Maryland and Virginia agreed upon the construction of a canal from Chesapeake Bay to the Ohio River, and on July 4, 1828, President Adams dug the first spadeful of earth to signalize the beginning of the undertaking. Some financiers of Baltimore, dubious of the success of an effort to build a waterway over the difficult route adopted by the promoters of the Chesapeake and Ohio Canal, withdrew their support from that enterprise, and putting their confidence in a new and almost untried transportation device, which they believed would prove superior to canals, just as canals had proved superior to turnpikes, they boldly inaugurated the plan of a railroad from their city across the mountains to the Ohio, and Charles Carroll, of Carrollton, placed the stone that commemorated the beginning of its construction on the same day that President Adams officiated at the rival celebration that marked the beginning of the canal. Thus by 1830, the future of the internal commerce of the United States was assured. The adoption of the "American System" could have but one result--a tremendous expansion of domestic trade. That this expansion had already commenced was evident from the fact that notwithstanding the vast growth in wealth and population from 1820 to 1830, the i
PREV.   NEXT  
|<   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33  
34   35   36   37   38   39   40   >>  



Top keywords:

canals

 

beginning

 
internal
 

construction

 

extensive

 

states

 

Baltimore

 

government

 

System

 

Chesapeake


American
 

adoption

 

growth

 

superior

 

President

 

expansion

 

success

 

confidence

 

believed

 

device


transportation

 

untried

 

dubious

 

undertaking

 

financiers

 

signalize

 

spadeful

 

effort

 

withdrew

 
support

enterprise

 
promoters
 

adopted

 

waterway

 

difficult

 

putting

 

commemorated

 

result

 

tremendous

 

domestic


United

 

States

 

assured

 

wealth

 

population

 

notwithstanding

 

commenced

 
evident
 

commerce

 

future