Their willingness to invest in these burgeoning enterprises developed the advantages offered by the local environment, and that of the surrounding hinterland, placing Baltimore in a position to initiate and sustain a thriving local economy based in large part on regional and international trade. The growth and economic success of Baltimore was wholly the result of the ability to harness the natural resources of the area and develop a regional infrastructure to facilitate economic development and trade...
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The town itself owed its existence in its present location to the natural resources found in the immediate area. The town of Baltimore was laid out in 1730 on sixty acres of land, valued at six hundred dollars, on the Northwest Branch of the Patapsco River. However, this was not the most favored location...
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