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Economic importance of the Erie Canal
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The greatest impacts that the Erie Canal had on America were a great increase in population, trade becoming a lot more common, but most importantly, much safer and easier travel.
An important impact of the creation of the Erie Canal was a major trade boost along the canal. In a letter from Peter L. Burnstein to Jesse Hawley, he says "The trade of almost all the lakes in North America, the most of which flowing through the canal, would center at New York for their common mart. This port, already of the first commercial consequence in the United States, would shortly after, be left without a competition in trade, except that of New Orleans." This means that the lakes of North America all flow to the Erie Canal, and center at New York, making it the main spot for trade, along with the canal itself. Another reason trade is a big impact on America is that in chart 4, it shows bushels of wheat transported on the Erie Canal. As time goes by, more and more bushels of wheat are transported on the canal, meaning that as the canal was being built and then finished, it increased with popularity and eventually became a main place to transport huge amounts of wheat. Another chart (2) shows the expenditures and revenues of the state of Ohio from 1827 to 1903. Through the first
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couple decades, the canal was earning a lot of money as opposed to what it cost, however later on, it stopped earning a lot of money as people found alternative other than the canal.
This means that the canal was earning more money than it needed to run at the first couple of decades, but when people stopped using
the canal and switched to different ways to trade or travel, it started to lose money, however trade is not the only thing that effected America, population had a huge growth as well. Another important way the Erie Canal impacted America was when it made the area around the canal extremely populated. When the canal helped spread population, it created several movements and even religions. The Mormon religion is an example of a religion that was created near the canal and the women's rights movement and anti-slavery movement. In chart 5, it shows that when the Erie Canal finished, most people were located or moved to near the canal itself. Settlements were built along the canal as well, making the canal the route through many cities, like Syracuse and Buffalo. Lastly, the most important impact of the Erie Canal on America is that it provided much safer and easier travel. One reason travel was a lot easier is because it's cost was a lot lower, making it a better option. On land, it would take $100 a ton to travel, while only $6 a ton on the canal. In chart 1, it shows that on land, you would need a wagon with at least 8 horses, and on the canal you only need a line boat with two mules. This is obviously the better option because it is a lot easier to obtain and probably a lot cheaper. Not only was it easier to travel, however, it also took a lot less time to complete the journey. On foot, it would take 15-45 days depending on where you were headed, and only 9 days at most on the canal. So the Erie canal was important to the people of the East because it brought a huge increase in population to the East, it made trade much more plentiful, and, most importantly, made travel much safer and much easier.
At the beginning, may be the intentions were changing through its construction process. But it certainly the canal had the support of workers and opposition on top of this many people. A interesting aspect I could say it is that The Erie cans was financed by the New York Stated and...
The Erie Canal was a man made water way that stretched to be three hundred sixty three miles long. The canal started construction in1817, and took nine years to completely finish the building process. People during this time had many positive, and negative opinions about the fact that this expensive canal was being built. The idea of the Erie Canal originates with Jesse Hawley, the idea was to connect the great lakes to the Atlantic ocean making an easy path to the west from the east without having to pass Niagara Falls. The canal was mostly built by Irish immigrants who were hated, or disliked, by most people. People had ideas and predictions about what would come of this canal. Let's just see which of the predictions were more accurate to
There is one reason Chicago is as big as it is today and that is the fact that it is the largest rail city in the world. The railroad made Chicago what it is today, and although the canal was very important in the history of Chicago the railroads importance out weighs it by far. The canal was important because it was the vision of the first settlers of Chicago to have an all water trade route that would go through Chicago. What those first explorers saw was a way to make a canal so that they could transport goods from the St Lawrence River all the way to the Gulf of Mexico with less cost and with more efficiency. The canal was the reason Chicago was settled in the first place if not for it there might very well not be a city called Chicago. You could argue that the canal was the most important thing in Chicago's history but I think the railroads were much more important. The railroads enabled Chicago to become one of the biggest cities in the world by bringing in different business and all types of goods. Chicago is a very key location to have a railroad-shipping hub. This is because it is centrally located in the United States so goods can be shipped in almost any direction and received in a shorter amount of time. William Butler Ogden was the one who pushed for Chicago to adopt a large rail system and he should be known as the one who made this city boom. St. Louis or another centrally located city could have very well adopted the rail system and they would have reaped all the benefits.
Before any canals were even built, there was a great demand for better transportation to and from the west. During this time of exploration, something was necessary in order for settlement to progress. After the canals were built, people living in to north grew exceedingly wealthy from the trading benefits of the canals. This wealth would eventually create economic differences with the southern United States(Drago 178).
...dered the construction of the Panama Canal which connected the Atlantic Ocean to the Pacific Ocean.
Railroads made a huge contribution to the growth of the United States, they led to many advances throughout American History. There were numerous matters the railroads effected in American development and the framework of the country. The railroad had positive and negative effects on America as a whole through the growth of the industry, such as; encouraged western expansion, enhanced the economy, recognized railroad monopolies, assisted the Union in Civil War, helped keep the country together, and created a high expense cost for the nation.
The Exploration of the west could have had the greatest economical impact on the United States ever. After the west had now been explored they realized they had a great deal of land that now had to be settled. The land was so vast and so cheap that it was sold for very low prices and sometimes just given away. This caused a huge surge of people to begin flowing west and sparked westward expansion. People began setting up farms and more and more people had opportunities to make a good living. Also people now had the chance to look for gold out west and the Gold Rush began. This is when America really had its boom. Lastly we now had twice as much if not more natural resources than we had before.
...more of an imperialistic nation, which was Roosevelt?s goal all along. In 1977, the United States signed a treaty with Panama stating that the U.S. would end its control beginning in the year 2000, and Panama would resume the operation and defense of the Panama Canal. Therefore, presently, the Panama Canal is neutral, but is still very important due to the U.S. We still have a say on what happens to and goes on around the canal, and if something were to happen to stop the flow of the ships through the canal, the United States would be allowed to step in and take care of the problem. Over the last ten years, nearly $100 million have been spent on repairing and widening the canal. Through all the thinking, planning, hard labor, and toiling put into the Panama Canal, the canal became arguably the most important canal ever and one of the greatest engineering feats ever.
Farmers, who had moved out west looked for a way to send their produce back east. However, roads were far too expensive and inefficient for this. Thus, canals and steamboats were used to link the country commercially and allow for the transport of goods across the nation. The Erie Canal was one of the greatest technological achievements of its time. At 363 miles long it connects New York to the Great Lakes by water (Sheriff 251). The canal provided easy passage halfway across the country for people and goods and sparked a push for westward movement. To travel on these new canals steambo...
The development of canal, steam boats and railroads provided a transportation network that linked different regions of the nation together. When farmers began migrating westward and acquiring land for crops, cheaper forms of transportation provided the means to transfer their goods to other regions for s...
People in the northern United States during the early nineteenth century wanted to rapidly industrialize and increase the amount of money they were making. The Erie Canal they believed was a great way to reduce the distance and time of shipping goods to the west. They also realized that the canal would probably increase their markets, which would mean a larger profit. The problem with all of this was how people had to destroy parts of nature in order for this to happen. Nathaniel Hawthorne, a prominent writer during the time, described the canal as “too rapid, unthinking advance of progress.” (57) Hawthorne and his supporters were very upset to see how forests and swamps were being destroyed and ruined in order t...
The impact that westward expansion had on Native Americans was huge, and made a lasting impact on the lives of many. Even to this day the effects are very noticeable, as casinos are just as popular as
Transportation was a large factor in the market revolution. During the years of 1815 and 1840, there were many forms of improved transportation. Roads, steamboats, canals, and railroads lowered the cost and shortened the time of travel. By making these improvements, products could be shipped into other areas for profit (Roark, 260). Steamboats set off a huge industry and by 1830, more than 700 steamboats were in operating up and down the Ohio and Mississippi River (Roark, 261). Steamboats also had some flaws, due to the fact of deforesting the paths along the rivers. Wood was needed to refuel the power to the boat. The carbon emissions from the steamboats polluted the air (Roark, 261). The building of roads was a major connecting point for states. There were some arguments of who would pay for...
... line the canal today. The development of the railroad in the 19th century and the automobile in the 20th century sealed the fate of the Erie Canal.
In the end, the transcontinental railroad changed the American landscape both physically and culturally. It formed the foundation for the industrial economy, it produced new business practices and management style of large workforces. It helped established government regulations, taxation and support of public transportation. Above all it drastically changed the American lifestyle, changed where people lived, how they shopped, how they ate, and how they worked.