. The industries of Louisville, Kentucky, and of New Albany, Indiana. constitute a prosperous and AND OF NEW ALHANY, INDIANA. 15 happy community has been wonderful. New railroiuls, the extension of oldones, the bridging of the Ohio, the improvement of the canal and of river navi-gation, the introduction of inod(M-n methods in every department of businesslife, the erection of magnificent buildings devoted to commerce, manufactures,and domestic purposes, the extension and emendation of the school system, anda thousand other indications ])oint the lesson that, whatever her immediatelosses, Louisv
. The industries of Louisville, Kentucky, and of New Albany, Indiana. constitute a prosperous and AND OF NEW ALHANY, INDIANA. 15 happy community has been wonderful. New railroiuls, the extension of oldones, the bridging of the Ohio, the improvement of the canal and of river navi-gation, the introduction of inod(M-n methods in every department of businesslife, the erection of magnificent buildings devoted to commerce, manufactures,and domestic purposes, the extension and emendation of the school system, anda thousand other indications ])oint the lesson that, whatever her immediatelosses, Louisville was ultimately an immense gainer by the war and the changedconditions which have since obtained. The Knoxville branch of the Louisville& Nashville railroad was built in l^(i7; the Cincinnati Short Line (now a por-tion of the Louisville tt Nashville sy-stem) was opened, and the Ohio & Missis-sippi connection nuide in 1*()!). The same vear witnessed the be-. PUBLIC IJHKARY BUILDIN(}. ginning of work on the Ohio river bridge and the laying of the City Hall corner-stone. The census of 187U showed a j)()])ulation of 100,753; valuation of real andpersonal property, ^70,715,620; taxes, $1,386,!). The event of 1871 was the completion of the canal enlargement. Thebridge and City Hall were completed in 1872, and the first Exposition buildingerected in the same year. The prospect never appeared brighter than at the 16 THE INDUSTPaES OF LOUISVILLE opening of 1873, a prospect that was doomed to end in a sad disappointment,the panic of that year and the long train of resulting evils brought about bythe failure of Jay Cooke & Co., the effects of which have never yet been en-tirely obliterated in some portions of the country. As before, however, Louis-vUle weathered the storm comparatively unharmed in herself, though thedepression that followed naturally reacted upon her trade. She went her way,as usual, and repaired damages as best she might,
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Keywords: ., bookcentury1800, bookdecade1880, booksubjectindustries, bookyear1
