Cleveland Past and Present - Its Representative Men, etc. by Maurice Joblin
page 26 of 672 (03%)
page 26 of 672 (03%)
|
collected at Cleveland, and with these staples went occasionally a few
articles of eastern made goods for the use of the frontiermen's wives. As the country became more settled the commercial importance of Cleveland increased, until it divided with Detroit and Buffalo the honors and profits of the commerce of the lakes. Cleveland was settled in 1796. PFiveyears later the first commercial movement was made by the erection of a distillery for the purpose of providing an adequate supply of the basis of early western commerce--whisky. The trade operations were of a promiscuous and desultory character until about the year 1810, when a log warehouse was built by Major Carter, on the bank of the lake, between Meadow and Spring streets, and this was speedily followed by another, built by Elias and Harvey Murray, which became the centre of business and gossip for the village and the country round about. Of course a full supply of the great staple--whisky--was kept. In 1813 Cleveland became a lively and prosperous place, it having been chosen as a depot of supplies and rendezvous for troops engaged in the war. A good business was done in selling to the army, in exchanging with the quartermasters, and in transporting troops and supplies. This was a flourishing time for Cleveland, and its inhabitants in many cases made small fortunes, realizing several hundred dollars in hard cash. The close of the war brought the usual reaction, and the commerce of the embryo city lagged, but gradually improved under the stimulus of increasing emigration to the West. In 1816 it had reached such a point that a bank was deemed necessary to the proper transaction of trade, and the Commercial Bank of Lake Erie was opened, with Leonard Case as president. It had the misfortune of being born too soon, and its life |
|