Outline of the development of the internal commerce of the United States: 1789-1900 — John Shaqi
Outline of the development of the internal commerce of the United States: 1789-1900Van Metre, Thurman William
History
Outline of the development of the internal commerce of the United States: 1789-1900
Van Metre, Thurman William
United States -- Commerce -- History
Means of cheap transportation, the lack of which had been so great an
obstacle to internal development, had been or were being supplied to
meet the requirements of the new conditions. The steamboat arrivals at
New Orleans numbered a thousand each year. Water communication between
the Atlantic Ocean and the very center of the United States was
established when the Erie Canal connected the Hudson River to the
waterway afforded by the series of great inland seas. There were 1,343
miles of canals in operation in all the United States, and 1,828 miles
more were in the process of construction. Louisville was rejoicing in
the completion of a canal around the falls of the Ohio; Ohio and
Indiana were rapidly pushing the work on the canals that were to tap
the regions hitherto tributary only to the Mississippi; the
construction of the Pennsylvania Canal was being hurried forward to
enable Philadelphia to recover the trade lost to the Erie; Maryland and
Virginia were persistently going on with the building of the waterway
westward from Chesapeake Bay. And meanwhile 44 miles of railway had
been completed and were in operation, and to show that confidence in
the new device was not lacking, 422 miles were in the process of
construction and 697 miles more were already projected.
II
1830-1860
The years between 1830 and 1860 witnessed a remarkable expansion of the
United States in area, population and wealth. By the annexation of
Texas and by treaties with England and Mexico, nearly a million square
miles of territory were added to the national domain and the western
boundary was pushed to the Pacific Ocean. The total number of people
increased in the thirty years from 12,866,020 to 31,443,321; the total
wealth from about $2,000,000,000 to more than $16,000,000,000. It was a
period of great prosperity for all branches of industry. As the tide of
settlers swept over the fertile lands drained by the Mississippi River
and Great Lakes, the agricultural production of the country increased
with amazing rapidity. The production of corn in 1859 was almost
1,000,000,000 bushels; of wheat and oats 175,000,000 bushels each, and
of cotton 4,300,000 bales, while the live stock of the country that
year, including, among other animals, 25,000,000 cattle, 22,000,000
sheep and 33,000,000 swine, was valued at $1,000,000,000. The
exploitation of the mineral resources of the nation was carried on more
rapidly. From 300,000 tons of coal mined in 1830, the quantity grew to
13,000,000 tons in 1860; the iron mines turned out 1,000,000 tons of
ore in 1860, the copper mines 7,000 tons and the lead mines 15,000
tons, while the production of gold in the far West, which began in
1849, averaged $55,000,000 annually during the following ten years.
Manufacturing likewise grew in importance, the value of its products
rising to nearly $2,000,000,000 in 1859. The tendency toward a
territorial division of industry was accentuated during this period.
Public-domain text, read in full here on John Shaqi.
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