The Ohio River Trade, 1788-1830Shaw, Hazel Yearsley
History
The Ohio River Trade, 1788-1830
Shaw, Hazel Yearsley
Ohio River -- History; Ohio River Valley -- History
During the War of 1812, the tide of immigration westward was
almost completely arrested, and many of the settlements already
established were broken up by the savages.[487] The war being over,
and the Indians being deprived of their distinguished British
ally,[488] profound peace was soon restored to all our borders,
from the northeast to the southwest.[489] Immigration now set more
strongly toward the West, for having been so long kept back, and
the country was peopled with a rapidity unparalleled in the annals
of any other nation.[490] "Shoals of immigrants were seen on all
the great roads leading in that direction. Oleanne, Pittsburg,
Brownsville, Nashville, Cincinnati, and St. Louis overflowed with
them. Ohio and Indiana beheld thousands of new cabins spring up
in their forests. The settlements which had been broken up during
the war, were repeopled, and many immigrants returned again to the
very cabins which they had occupied before the war. Boon's Lick,
and Salt River, in Missouri, were the grand points of immigration,
as were the Sangama and the upper courses of the Kaskaskia's in
Illinois. In the south, Alabama filled with new habitations, and
the current, not arrested by the Mississippi, set over its banks,
to White River, Arkansas, and Louisiana, west of that river. The
wandering propensity of the American people carried hundreds even
beyond our territorial limits into the Spanish country."[491]
"This flood of immigrants of course increased the amount of
transport, and gave new impulse to building,--in short, every
species of speculation was carried to a ruinous excess. Mercantile
importations filled the country with foreign goods. In three
years from the close of the War, things had received a new face
along the great water courses, and in all the favorable points
of the interior. The tide began to ebb, and things to settle to
their natural level. Between the general failure of the western
banks, and the operation of this system, (branches of Bank of the
United States, and Post-Office System--medium of sure and prompt
remittance of a circulation everywhere uniform), western dealers
were driven to the extremely burdensome and precarious resource
of specie in their foreign transactions. Business and trade were
brought to a dead pause. The evils were spread along a course of
two thousand miles, and were experienced in the remote cabins, as
well as the towns, and villages on the rivers. The result of a
sound and uniform currency was seen in the restoration of business
and credit; and commerce sprung up, like a Phoenix, from its ashes.
Shapeless and meanlooking villages became towns, and the towns in
neatness and beauty began to compare with those in the Atlantic
country. The best evidence of the change, wrought by this order
of things is, that produce and every species of vendible property
rose to double and triple its value, during the season of general
embarrassment."[492]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account