The Great American Canals (Volume 2, The Erie Canal)Hulbert, Archer Butler
History
The Great American Canals (Volume 2, The Erie Canal)
Hulbert, Archer Butler
Erie Canal (N.Y.)
"In the distribution of real and personal property in 1835 very
significant results are shown. In Class I of Section A the real property
per capita was $150.22 and the personal property was $49.11; in Class II
the real property was $195.96 and the personal $34.34; in Class III the
real property was $166.49 and the personal was $37.22. The least real
property per capita and the least personal property per capita was in
Class II, and Class III was second in both. In Class I of Section B the
real property was $133.81 per capita and the personal $49.71; in Class
II the real property was $108.92 and the personal $17.41; in Class III
the real property was $90.68 and the personal $13.34.
VALUATION PER CAPITA, 1835
_Real_ _Personal_
Section A
Class I $150.22 $49.11
Class II 195.96 34.34
Classes I and II 159.78 46.02
Class III 166.49 37.22
Section B
Class I $133.81 $49.71
Class II 108.92 17.41
Classes I and II 124.61 37.78
Class III 90.68 13.34
Section C
Class I 154.50 26.39
Class II 131.19 15.49
Classes I and II 146.94 22.85
Class III 103.90 14.02
"Both real and personal property were greatest in Class I, Class II was
second in both, and Class III was third in both. Class I of Section C
was first in both real and personal property; Class II was second and
Class III was third in both real and personal property. This section
shows the same relations that we find in Section B.
"The location of the real and personal property in the three sections
considered indicates very clearly that the personal property was massed
along the waterway; in Class I and as the distance increased from the
waterway the personal property diminished."
Of the improvement of land Mr. Winden remarks:
Public-domain text, read in full here on John Shaqi.
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