Essay heading: Developments In Transportation

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American History


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July 18, 2001






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-Growth of investment banking -Need of iron -Internal improvements made more in north-industrialistic activity -By 1860 the nation had 30,636 miles of track
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-Brought drastic change in economic and social lives -Changed course of history Improvements in shipbuilding Intro: Steamboats/ Canals: -Crossing Atlantic in less than 10 day Social: -Passenger traffic -Mail contracts -First class freight -Transatlantic passengers could obtain best accommodation for fastest ships for good price -Rates were low for European emigrants willing to travel to America on cargo ships -Without this cheap form of transpiration, many poor immigrants would remain at home—tie immigrants into economic -CANALS -Eerie Canal built in 1825, made New York a big city Economic: -Greater cargo carrying capacity -Cost for moving a pound of cotton from NY to Liverpool went from 1 cent to 1/3 cent -By the 1840s at least 4,000 ships were carrying American cotton and Canadian lumber to Europe...
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