The Paths of Inland Commerce; a chronicle of trail, road, and waterway by Archer Butler Hulbert
page 30 of 145 (20%)
page 30 of 145 (20%)
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amount of about four hundred dollars.
The total actual work done is not clearly shown by the documents, but it is evident that the measure of success achieved was not equaled elsewhere on similar improvements on a large scale. From 1796 to 1804 the tolls received at Rome amounted to over fifteen thousand dollars, and at Little Falls to over fifty-eight thousand dollars--a sum which exceeded the original cost of construction. Dividends had crept up from three per cent in 1798 to five and a half per cent in 1817, the year in which work was begun on the Erie Canal. No struggle for the mastery of an American river matches in certain respects the effort of the Lehigh Coal and Navigation Company to bridle the Lehigh and make it play its part in the commercial development of Pennsylvania. The failures and trials of the promoters of this company were no less remarkable than was the great success that eventually crowned the effort. In 1793 the Lehigh Coal Mine Company was organized and purchased some ten thousand acres in the Mauch Chunk anthracite region, nine miles from the Lehigh River. It then appropriated a sum of money to build a road from the mines to the river in the expectation that the State would improve the navigation of the waterway, for which, it has already been noted, an appropriation had been made in 1791, in accordance with the programme of the Society for Promoting the Improvement of Roads and Inland Navigation. Nothing was done, however, to improve the river, and the company, after various attempts at shipping coal to Philadelphia, gave up the effort and allowed the property, which was worth millions, to lie idle. In 1807 the Lehigh Coal Mine Company, in another effort to |
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