Fifty Years
Fifty Years
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Author: E E Barton
Number of Pages: 218 pages
Published Date: 27 Sep 2015
Publisher: Forgotten Books
Publication Country: United States
Language: English
ISBN: 9781330504581
Download Link: Fifty Years' Progress Sights and Scenes in the Great City (Classic Reprint)
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Excerpt from Fifty Years' Progress: Sights and Scenes in the Great City Numerous wholesale establishments, for the sale of all kinds of merchandise, were in successful operation, and already the trade in cereals had grown to respectable proportions. The Illinois And Michigan Canal. An important factor in Chicago's material development was the construction of the Illinois and Michigan canal, an artificial water-way connecting the city with La Salle, the head of steamboat navigation on the Illinois river. Work on this improvement was begun in 1836. Liberal appropriations of public lands were made by the general government in aid of the work. After protracted delays, incident to the embarrassed financial condition of the State, the canal was completed and opened for traffic in the spring of 1848. A new era in the commercial prosperity of the young city now dawned upon it; and with the rapid settling and development of the territory contiguous to this new line of transit, and the facilities it gave for communication with the whole Mississippi valley, there sprang up a greatly enlarged trade, and an increased confidence in the stability and future greatness of the city. With the cheapened inland transportation was inaugurated on a largely increased scale the trade in lumber, which has from then until now exhibited a uniformity of growth scarcely less marked and noticeable than that in breadstuffs and provisions. The First Railroad. The introduction of railroads, at a later, but not distant day, was the next great step in the city's progress, and placed her on the solid foundation on which her subsequent wonderful development has been chiefly based. The first projected line - the original Galena and Chicago Union railroad, now a part of the consolidated Chicago and Northwestern railway - was in its inception and during all its separate corporate existence under the control, in all respects, of citizens of Chicago, and although financial aid in its construction and equipment was sought and obtained of eastern capitalists, it was always essentially a monument to the enterprise and faith of a few of Chicago's early citizens. This line was, after hard struggles, opened to the Fox river, some forty miles from the city, in 1850; and, although poorly equipped, it soon demonstrated the fact that although not furnishing as cheap a means of transit as water routes, it required but the construction of sufficient lines of railroad to make the great State of Illinois a very garden for production, and the home of a dense population. Other lines were speedily projected and built, until, within a marvelously short space of time, the city found itself the center of a system of railways diverging in every direction, all doing a prosperous and increasing business. It is worthy of remark, that although every principal railway line centering in Chicago has been built with special reference to Chicago's trade, and has brought with it increased commerce to the city, it has not been necessary to pledge the municipal credit or tax the body politic one dollar in aid of their construction, nor has the accumulated capital of the citizens been drawn on to any great extent for their establishment. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
Read online Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) Buy Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) Download Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent Download to iPad/iPhone/iOS, B&N nook Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent
Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint). E E Barton
Author: E E Barton
Number of Pages: 218 pages
Published Date: 27 Sep 2015
Publisher: Forgotten Books
Publication Country: United States
Language: English
ISBN: 9781330504581
Download Link: Fifty Years' Progress Sights and Scenes in the Great City (Classic Reprint)
---------------------------------------------------------------
Excerpt from Fifty Years' Progress: Sights and Scenes in the Great City Numerous wholesale establishments, for the sale of all kinds of merchandise, were in successful operation, and already the trade in cereals had grown to respectable proportions. The Illinois And Michigan Canal. An important factor in Chicago's material development was the construction of the Illinois and Michigan canal, an artificial water-way connecting the city with La Salle, the head of steamboat navigation on the Illinois river. Work on this improvement was begun in 1836. Liberal appropriations of public lands were made by the general government in aid of the work. After protracted delays, incident to the embarrassed financial condition of the State, the canal was completed and opened for traffic in the spring of 1848. A new era in the commercial prosperity of the young city now dawned upon it; and with the rapid settling and development of the territory contiguous to this new line of transit, and the facilities it gave for communication with the whole Mississippi valley, there sprang up a greatly enlarged trade, and an increased confidence in the stability and future greatness of the city. With the cheapened inland transportation was inaugurated on a largely increased scale the trade in lumber, which has from then until now exhibited a uniformity of growth scarcely less marked and noticeable than that in breadstuffs and provisions. The First Railroad. The introduction of railroads, at a later, but not distant day, was the next great step in the city's progress, and placed her on the solid foundation on which her subsequent wonderful development has been chiefly based. The first projected line - the original Galena and Chicago Union railroad, now a part of the consolidated Chicago and Northwestern railway - was in its inception and during all its separate corporate existence under the control, in all respects, of citizens of Chicago, and although financial aid in its construction and equipment was sought and obtained of eastern capitalists, it was always essentially a monument to the enterprise and faith of a few of Chicago's early citizens. This line was, after hard struggles, opened to the Fox river, some forty miles from the city, in 1850; and, although poorly equipped, it soon demonstrated the fact that although not furnishing as cheap a means of transit as water routes, it required but the construction of sufficient lines of railroad to make the great State of Illinois a very garden for production, and the home of a dense population. Other lines were speedily projected and built, until, within a marvelously short space of time, the city found itself the center of a system of railways diverging in every direction, all doing a prosperous and increasing business. It is worthy of remark, that although every principal railway line centering in Chicago has been built with special reference to Chicago's trade, and has brought with it increased commerce to the city, it has not been necessary to pledge the municipal credit or tax the body politic one dollar in aid of their construction, nor has the accumulated capital of the citizens been drawn on to any great extent for their establishment. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
Read online Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) Buy Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) Download Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent Download to iPad/iPhone/iOS, B&N nook Fifty Years' Progress : Sights and Scenes in the Great City (Classic Reprint) ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent