A Brief History of the United StatesMcMaster, John Bach
History
A Brief History of the United States
McMaster, John Bach
United States -- History
[5] This bank had branches in the various states, and specie could be had
for its notes at any branch. Hence its notes passed at their face value
over all the country, and became, like specie, of the same value
everywhere. Authority to charter the bank was found in the provision of
the Constitution giving Congress power to "regulate the currency."
[6] Thirty-nine of our colleges, theological seminaries, and universities
were founded between 1783 and 1820.
[7] For Rumsey and Fitch, see p. 239. William Longstreet in 1790 tried a
small model steamboat on the Savannah River; and in 1794 Elijah Ormsbee at
Providence and Samuel Morey on Long Island Sound, in 1796 John Fitch on a
pond in New York city, in 1797 Morey on the Delaware, in 1802 Oliver Evans
at Philadelphia, and in 1804 and 1806 John Stevens at Hoboken,
demonstrated that boats could be moved by steam. But none had made the
steamboat a practical success.
[8] The state of New York gave Fulton and his partner, Livingston, the
sole right to use steamboats on the waters of the state. This monopoly was
evaded by using teamboats, on which the machinery that turned the paddle
wheel was moved by six or eight horses hitched to a crank and walking
round and round in a circle on the deck. Teamboats were used chiefly as
ferryboats. Read McMaster's _History of the People of the U. S._, Vol. IV,
pp. 397-407.
[9] Read McMaster's _History of the People of the U. S._, Vol. IV, pp.
381-394. All the great highways to the West were crowded with bands of
emigrants. In nine days 260 wagons bound for the West passed through one
New York town. At Easton, in Pennsylvania, on a favorite route from New
England (map, p. 194), 511 wagons accompanied by 3066 persons passed in a
month. A tollgate keeper on another route reported 2000 families as having
passed during nine months. From Alabama, whither people were hurrying to
settle on the cotton lands, came reports of a migration quite as large.
When the census of 1820 was taken, the returns showed that there were but
75 more people in Delaware in 1820 than there were in 1810. In the city of
Charleston there were 24,711 people in 1810 and 24,780 in 1820. In many
states along the seaboard the rate of increase of population was less
during the census period 1810-20 than it had been before, because of the
great numbers who had left for the West.
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