The History of Louisville, from the Earliest Settlement till the Year 1852Casseday, Ben
History
The History of Louisville, from the Earliest Settlement till the Year 1852
Casseday, Ben
Louisville (Ky.) -- Description and travel; Louisville (Ky.) -- History
acknowledged and have been demonstrated over and over again, are
considered sufficient to establish the proposition. However much
Louisville has gained in regard to this article, there is yet much to
gain. Her destiny is but beginning to be unfolded, and only a few years
will elapse until the largest of the receipts above quoted will appear
quite insignificant and worthless beside the swollen columns of the
statistician of a future period.
The assertion that Louisville is destined very soon to become
distinguished also as a COTTON MARKET may excite some surprise among
those who have not had their attention called to this matter. But that
this is a fact can readily be shown to the most skeptical. The consumption
of cotton in the West amounts to 35,000 bales, and heretofore this has
constituted the entire demand of this section of the country. But the
recent opening up of new means of communication with the Atlantic coast at
the East has begun and will complete an entirely new state of affairs in
this regard. Let us look for a moment at the effect of these new
facilities of transport. By the 1st of January, 1853, an uninterrupted
communication with the Atlantic at the North will be effected by the lake
route, continuing from 1st of May to 1st of November. At the same time the
Jeffersonville Railroad will have established connection with other
railroads reaching to New York. Beside all of which, the Baltimore and
Ohio Railroad will have been completed from Wheeling to Baltimore, from
which point all descriptions of Western produce can reach Philadelphia and
New York, either by railroad, or, more cheaply, by means of propellers,
steamers and sail-vessels. The completion of this latter road will be the
signal for the establishment of a line of steam-packets from Louisville to
Wheeling, another to Memphis, and yet another to Nashville. These lines
are already established and merely wait the completion of the Baltimore
and Ohio Railroad to go at once into operation. A line of packets to
Tuscumbia and Florence is already in successful operation. The facts above
stated are well known to the community both East and West. It only
remains, therefore, to examine how they will affect Louisville as a
market for cotton. New Orleans, it cannot be denied, has heretofore been
considered the only proper point of shipment for this article, but if both
the seller and the buyer can be benefited by a change of markets, surely
that change will ensue. New Orleans is certainly the natural depot for
Southern cotton, but if the cotton raised in Alabama, Tennessee and North
Mississippi, or that which finds its way to market down the Cumberland and
Tennessee rivers, can be placed in Louisville at less rates of freight
than would be charged to New Orleans, and thence can reach the Eastern
markets in less time and at less rates than from that city, it is surely
the interest of both seller and buyer to make Louisville their market. Now
Public-domain text, read in full here on John Shaqi.
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