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
The trade over the Great Lakes and Erie Canal was without doubt the
most important feature of the commerce between the Atlantic States and
the interior of the country between 1830 and 1860, but this route by no
means absorbed all the traffic. The Main Line of the Pennsylvania canal
system, completed in 1832, made it possible for Philadelphia and
Baltimore to retain some of their trade with the cities of the Ohio
Valley, but this trade, like the wagon trade preceding it, was largely
one-sided, the westbound movement of light merchandise exceeding the
eastbound movement of agricultural produce. The inclined planes which
carried the traffic across the mountains proved to be an expensive and
cumbersome device, and because of a lack of better transportation
facilities, the trade of Philadelphia and Baltimore suffered constant
losses, and for a time it seemed that New York was destined to
monopolize the entire commerce between the Atlantic coast and the
trans-Appalachian region.
In 1841, however, this situation was modified by the entrance of a new
factor--the Western Railroad, the completion of which gave through rail
connection between Boston and Albany. Because of its isolated position
Boston had not shared in the direct trade with the Central States, but
had been compelled to buy and sell through the merchants of New York
and Philadelphia. The new railroad completely altered the position of
Boston and brought an era of great prosperity to the city, at the same
time demonstrating the practicability of the steam road as a carrier of
nearly all kinds of freight.
Public-domain text, read in full here on John Shaqi.
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