Cleveland Past and Present - Its Representative Men, etc. by Maurice Joblin
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the business history of the city. The canals brought business from the
south-east, and by a slow and uncertain route from Cincinnati. The completion of the railroad gave direct and speedy connection with Cincinnati, with the rich valleys of the Miami, and with lands hitherto undeveloped or seeking other markets for their produce. Other railroads were rapidly built, and developed new avenues of commerce and new sources of wealth. The population increased rapidly. The streets were extended and lined with new buildings. Additional stores were opened and all departments felt the rush of new life. The lake commerce of the port, in spite of the business drawn off by competing railroads, increased in 1853 to a total of eighty-seven million dollars, more than four times the amount reached nine years before, after the canal System had been completed and was in full operation. The grain trade which once was the foundation of the commerce of the city, had fallen away owing the gradual removal of the wheat producing territory westward. It was asserted, and generally believed, that the canals had done all they could for the prosperity of the city, and that unless something new turned up for its benefit, Cleveland would remain at a stand-still, or increase only by very slow degrees. Business was extremely dull, the prospect looked dubious, many business men moved to other cities and more were preparing to follow. Just then two things occurred. The war broke out, and the Atlantic and Great Western railway was extended to Cleveland. The latter event opened a new market for trade in north-western Pennsylvania, and soon after, by sending a large proportion of the product of the oil regions to this point for refining or shipment, built up an immense and lucrative department of manufacture and commerce, whose effect was felt in all classes of business. The war stimulated manufactures, and by a sudden bound Cleveland set out on the path of permanent prosperity long pointed out by some far-seeing men, but until the time referred to strangely neglected. In a very few years the population more than doubled the existing facilities |
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