Its
population increased from 123,000 in 1820 to 202,000 in 1830. Its
real and personal estate rose in value from about seventy million
dollars in 1820 to about one hundred and twenty-five million dollars
in 1830. [Footnote: U. S. Census of 1900, Population, I., 432;
MacGregor, Commercial Statistics of America, 145.] The most
significant result of the canal was the development of the commerce
of New York City, which rose from a market town for the Hudson River
to be the metropolis of the north. The value of the imports of New
York state in 1821 was twenty-four million dollars; in 1825, the
year of the completion of the canal, it was fifty million dollars.
This was an exceptional year, however, and in 1830 the value of the
imports was thirty-six million dollars. In 1821 New York had thirty-
eight per cent. of the total value of imports into the United
States; in 1825, over fifty per cent.; and this proportion she
maintained during our period. In the exports of domestic origin, New
York was surpassed in 1819 by Louisiana, and in 1820 by South
Carolina, but thereafter the state took and held the lead.
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