Book-bot.com - read famous books online for free

Rise of the New West, 1819-1829 by Frederick Jackson Turner
page 39 of 303 (12%)
Population, I., 430, 432; Callender, in Quarterly Journal of
Economics, XVII., 22; Hulbert, Historic Highways, XIV., chap. v.]
The raw products of the disappearing forests of western New York--
lumber, staves, pot and pearl ashes, etc., and the growing surplus
of agricultural products, began to flow in increasing volume down
this greater Hudson River to New York City. The farther west was
also turning its streams of commerce into this channel. The tolls of
the canal system were over half a million dollars immediately upon
its completion; for 1830 they were over a million dollars.
[Footnote: McMaster, United States, V., 135; Canal Commissioners of
N. Y., Report (January 17, 1833), App. A.] By 1833 the annual value
of the products sent by way of the Erie and Champlain canals was
estimated at thirteen million dollars. [Footnote: Pitkin,
Statistical View (ed. of 1835), 577.] At the close of this decade
the Ohio system of canals, inspired by the success of the Erie
Canal, had rendered a large area of that state tributary to New
York. The Great Lake navigation grew steadily, the Western Reserve
increased its population, and the harbor of Cleveland became a
center of trade.

The effect of all this upon New York City was revolutionary. Its
population increased from 123,000 in 1820 to 202,000 in 1830. Its
real and personal estate rose in value from about seventy million
dollars in 1820 to about one hundred and twenty-five million dollars
in 1830. [Footnote: U. S. Census of 1900, Population, I., 432;
MacGregor, Commercial Statistics of America, 145.] The most
significant result of the canal was the development of the commerce
of New York City, which rose from a market town for the Hudson River
to be the metropolis of the north. The value of the imports of New
York state in 1821 was twenty-four million dollars; in 1825, the
DigitalOcean Referral Badge