Competition
As the canal brought travelers to New York City, it took business away from other ports such as Philadelphia, Pennsylvania, and Baltimore, Maryland. Those cities and their states chartered projects to compete with the Erie Canal. In Pennsylvania, the Main Line of Public Works was a combined canal and railroad running west from Philadelphia to Pittsburgh on the Ohio River, opened in 1834. In Maryland, the Baltimore and Ohio Railroad ran west to Wheeling, West Virginia, also on the Ohio River, and was completed in 1853.
Other competition was more direct. The Mohawk and Hudson Railroad opened in 1837, providing a bypass to the slowest part of the canal between Albany and Schenectady. Other railroads were soon chartered and built to continue the line west to Buffalo, and in 1842 a continuous line (which later became the New York Central Railroad and its Auburn Road in 1853) was open the whole way to Buffalo. As the railroad served the same general route as the canal, but provided for faster travel, passengers soon switched to it. However as late as 1852, the canal carried thirteen times more freight tonnage than all the railroads in New York State combined; it continued to compete well with the railroads through 1902, when tolls were abolished.
The New York, West Shore and Buffalo Railway was completed in 1884, as a route running closely parallel to both the canal and the New York Central Railroad. However, it went bankrupt and was acquired the next year by the New York Central.
Read more about this topic: Erie Canal
Famous quotes containing the word competition:
“Sisters define their rivalry in terms of competition for the gold cup of parental love. It is never perceived as a cup which runneth over, rather a finite vessel from which the more one sister drinks, the less is left for the others.”
—Elizabeth Fishel (20th century)
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
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“Mothers seem to be in subtle competition with teachers. There is always an underlying fear that teachers will do a better job than they have done with their child.... But mostly mothers feel that their areas of competence are very much similar to those of the teacher. In fact they feel they know their child better than anyone else and that the teacher doesnt possess any special field of authority or expertise.”
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