Railroads: Rates and RegulationsRipley, William Zebina
History
Railroads: Rates and Regulations
Ripley, William Zebina
Railroads -- Freight -- Rates -- United States; Railroads and state -- United States
Improved riverways and canals constituted the next advance in
transportation method. So far as the latter were concerned, although
the initial expense was great, the subsequent cost of movement as
compared with turnpikes was, of course, low. Especially was this
cheapness of movement notable in river traffic. Whereas it was said to
cost one-third of the worth of goods to transport them by land from
Philadelphia to Kentucky, the cost of carriage from Illinois down to
New Orleans by water was reputed to equal less than five per cent,
of their value. Hence the steamboat, invented in 1807 and introduced
on the Ohio river in 1811, opened up vast possibilities for enlarged
markets. But it was not until the generation of sufficient power to
stem the rapid river currents about 1817 that our internal waterways
became fully utilized.[2] From that period dates the rapid growth of
Pittsburg, Cincinnati, and St. Louis. The real interest of the East
in western trade dates from the close of the war of 1812. Even then,
however, the natural outlet for the products of the strip of newly
settled territory west of the Alleghanies, was still over the mountains
to the Atlantic seaboard. Cotton culture in the South had not yet given
rise to a large demand for food stuffs in the lower Mississippi valley.
It was a long and wellnigh impossible way around by the Gulf of Mexico.
Consequently the main attention of the people during the canal period
between 1816 and 1840 was focussed upon direct means of communication
between the coastal plain and the interior. A few minor artificial
waterways, like the Middlesex canal from Boston to Lowell, completed
about 1810, proved their entire feasibility from the point of view both
of construction and profit. Even earlier than this the Dismal Swamp
canal and one along the James river in Virginia had been projected and
in part built. But the era of canal construction as such on a large
scale cannot be said to begin until after the close of the war of 1812.
The most important enterprise, of course, was the building of the
Erie Canal to unite the headwaters of the Hudson river with the Great
Lakes at Buffalo. This waterway, began in 1817, was completed in eight
years and effected a revolution in internal trade. It was not only
successful financially, repaying the entire construction in ten years,
but it at once rendered New York the dominant seaport on the Atlantic.
Philadelphia was at once relegated to second place. Agricultural
products, formerly floated down the Susquehanna to Baltimore, now went
directly over the Hudson river route. Branch canals all over New York
state served as feeders; and flourishing towns sprang up along the
way, especially at junction points. The cost of transportation per
ton from Buffalo to New York, formerly $100, promptly dropped to less
than one-fourth that sum. By wagon it was said to cost $32 per hundred
miles for transport, whereas charges by canal fell to one dollar.
Public-domain text, read in full here on John Shaqi.
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