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To: Titus-Maximus

The Erie Canal was financed privately, was it not?

So was the massive boom in railroad building from 1840-1880.

Who needs expensive, corrupt Govt to do this???


4 posted on 10/08/2010 10:40:31 AM PDT by PGR88
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To: PGR88
The Erie Canal was financed privately, was it not?

No. The canal was financed by the state of New York. The debt was paid off by tolls, fairly quickly.

14 posted on 10/08/2010 10:49:56 AM PDT by omega4412
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