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
Additional feeder canals soon extended the Erie Canal into a system. These included the Cayuga-Seneca Canal south to the Finger Lakes, the Oswego Canal from Three Rivers north to Lake Ontario at Oswego, and the Champlain Canal from Troy north to Lake Champlain. From 1833 to 1877, the short Crooked Lake Canal connected Keuka Lake and Seneca Lake. The Chemung Canal connected the south end of Seneca Lake to Elmira in 1833, and was an important route for Pennsylvania coal and timber into the canal system. The Chenango Canal in 1836 connected the Erie Canal at Utica to Binghamton and caused a business boom in the Chenango River valley. The Chenango and Chemung canals linked the Erie with the Susquehanna River system. The Black River Canal connected the Black River to the Erie Canal at Rome and remained in operation until the 1920s. The Genesee Valley Canal was run along the Genesee River to connect with the Allegheny River at Olean, but the Allegheny section, which would have connected to the Ohio and Mississippi rivers, was never built. The Genesee Valley Canal was later abandoned and became the route of the Genesee Valley Canal Railroad.