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
The next ten years of this history do not promise to be as rich in
incident for the historian, or as full of practical value to the city, as
were the few years just chronicled. A number of causes were operating at
this time to retard the prosperity of the town, and but for the vigor with
which it was endued, it must have sunk under the misfortunes which
surrounded it. Evil reports, prejudicial to its health; garbled accounts
from rival cities of the mortality here; a lamentably disordered state of
currency, a Board of Trustees whose inefficiency was constantly complained
of, were all opposing the growth of the town; and had it not, as has been
before said, inherently possessed the elements of its own progress, it
must have faded, and might have been entirely destroyed by the pressure of
these untoward circumstances. For about two years the western country had
been laboring under the operations of shaving and brokerage; there was not
at this time a single bank west of the mountains whose paper could be
passed at a fair value, except in the immediate neighborhood of the bank
itself, and there were not more than three or four that pretended to pay
their notes in money. The paper of the Bank of Kentucky was at a discount,
and there was no hope of its improving. Tennessee and Ohio were in a
similar, if not a worse condition. The paper of the United States Bank was
alone merchantable at its value, and upon Louisville, as the great
commercial mart of the western country, must these circumstances weigh
most heavily. Despite all these disadvantages, however, the town did
progress, not so rapidly as its past course would have promised, but with
a rational and steady improvement. One of the drawbacks mentioned above
was beginning to be removed. The new Trustees of the town began to
prosecute their measures of improvement with some degree of energy. Wells
were dug; pavements laid; streets graded; ponds drained; and a general
activity prevailed which showed some attention toward making the town more
desirable as a residence, both in point of comfort and of health. The
removal of the causes o£ disease, however, could not be instantaneous, and
even if they had been it would have required time to convince those
disposed to emigrate hither of the fact.
Public-domain text, read in full here on John Shaqi.
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