Economic history of the United States
The 325-mile Erie Canal, which connected Albany, New York, on the Hudson River with Buffalo, New York, on Lake Erie, began operation in 1825. Wagon cost from Buffalo to New York City in 1817 was 19.2 cents per ton-mile. By Erie Canal c. 1857 to 1860 the cost was 0.81 cents. The Erie Canal was a great commercial success and had a large regional economic impact.
Erie Canal Commission
The origins of the Commission can be traced back to two men: Thomas Eddy and Jonas Platt. Eddy was the Treasurer of the Western Inland Lock Navigation Company, which had been established in 1792 with the purpose of developing a navigable route up the Mohawk River to Lake Ontario. When he found his company in financial trouble, he drew upon the idea first proposed by Joshua Forman (member of the New York State Assembly from Onondaga County in 1808) of building a canal, rather than trying to navigate the rivers. He turned to his friend Platt, then a State Senator and leader of the Federalists in New York, and the two of them decided to propose the creation of a small group of highly influential commissioners to explore two possible routes of a canal – one to Lake Ontario and one to Lake Erie. They would report findings to the New York State Legislature after their expedition to the west. In order to get permission for this commission, Platt and Eddy knew that each man had to command a certain amount of power and respect, but the whole group had to be politically balanced between Federalists and Democratic-Republicans. On March 13, 1810, Platt presented his project for a bipartisan Canal Commission to the State Legislature, and received overwhelming support. On March 15, the State Legislature appointed Federalists Gouverneur Morris, Stephen Van Rensselaer, William North and Thomas Eddy, and Democratic-Republicans DeWitt Clinton, Simeon DeWitt and Peter Buell Porter a commission to explore a route for a canal to Lake Erie, and report.