Growth of NYS Business

April 17, 1996

For a number of reasons, business enterprise in New
York grew by leaps and bounds between 1825 and 1860.

New York's growth between the years 1825 and 1860 can be attributed to a number
of factors. These include but cannot be limited to the construction of the Erie
Canal, the invention of the telegraph, the developed of the railroads, the
establishment of Wall Street and banking, the textile, shipping, agriculture and
newpaper industries, the development of steam power and the use of iron products.
On October 26, 1825 the Erie Canal was opened. The canal immediately became an
important commercial route connecting the East with the Ohio and Mississippi
Valleys. With tht time of travel cut to one-third and the cost of shipping
freight cut to one-tenthof the previous figures, commerce via the canal soon
made New York City the chief port of the Atlantic. The growing urban
population and the construction
of canals, railroads and factories......

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Title: Growth Of Nys Business
Approximate Word Count: 1332
Approximate Pages: 6 (250 words per double-spaced page)

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