The Erie Canal was a tremendous financial success.
The Erie Canal is a historic canal that runs east-west between the Hudson River and Lake Erie in upstate New York. The canal, which opened in 1825, was the first navigable waterway connecting the Atlantic Ocean to the Great Lakes, significantly lowering the cost of transporting people and goods across the Appalachians.
The Erie Canal provided a direct water route from New York City to the Midwest, sparking large-scale commercial and agricultural development, as well as immigration, to the sparsely populated frontiers of western New York, Ohio, Indiana, Michigan, and points west.
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