Constellation Similarity Assertions

James River and Kanawha Company.

The James River and Kanawha Company The creation of Virginia's canal system was begun in 1746, spurred on by the support of George Washington and Thomas Jefferson. The goal was to create an economical and reliable way for farmers living in the interior of the state to transport their goods to market. To achieve this, existing rivers were widened, dams were created to control water levels, bridges and aqueducts were erected, and a lock system established.

The James River Company was created to raise capital for this venture. For a time, the venture was very successful, producing significant returns for its investors. However, the citizens of Virginia demanded that the company also maintain and/or improve the canal structure. When the company was unable or unwilling to comply, the state bought the charter in 1820. The state intended to further improve the Kanawha River and to connect the existing canal to the western part of the country, via the Ohio River. The invention of the railroad, however, cast doubt upon the wisdom of this scheme.

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James River and Kanawha Company (Richmond, Va.)

http://n2t.net/ark:/99166/w6z073h4 (corporateBody)

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