Indiana Mammoth Internal Improvement Act
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Indiana Mammoth Internal Improvement Act
The Indiana Mammoth Internal Improvement Act was a law passed by the Indiana General Assembly and signed by Whig Governor Noah Noble in 1836 that greatly expanded the state's program of internal improvements. It added $10 million to spending and funded several projects, including turnpikes, canals, and later, railroads. The following year the state economy was adversely affected by the Panic of 1837 and the overall project ended in a near total disaster for the state, which narrowly avoided total bankruptcy from the debt. By 1841, the government could no longer make the interest payments, and all the projects, except the largest canal, were handed over to the state's London creditors in exchange for a 50% reduction in debt. Again in 1846, the last project was handed over for another 50% reduction in the debt. Of the eight projects in the measure, none were completed by the state and only two were finished by the creditors who took them over. The act is considered one of the gre ...
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Governor Of Indiana
The governor of Indiana is the head of government of the State of Indiana. The governor is elected to a four-year term and is responsible for overseeing the day-to-day management of the functions of many agencies of the Indiana state government. The governor also shares power with other statewide executive officers, who manage other state government agencies. The governor works out of the Indiana Statehouse and holds official functions at the Indiana Governor's Residence in the state capital of Indianapolis. The 51st, and current, governor is Republican Eric Holcomb, who took office on January 9, 2017. The position of the governor has developed over the course of two centuries. It has become considerably more powerful since the mid-20th century after decades of struggle with the Indiana General Assembly and Indiana Supreme Court to establish the executive branch of the government as an equal third branch of the state government. Although gubernatorial powers were again signifi ...
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Michigan Road
The Michigan Road was one of the earliest roads in Indiana. Roads in early Indiana were often roads in name only. In actuality they were sometimes little more than crude paths following old animal and Native American trails and filled with sinkholes, stumps, and deep, entrapping ruts. Hoosier leaders, however, recognized the importance of roads to the growth and economic health of the state, and the needed improvements. They encouraged construction of roads which would do for Indiana what the National Road was doing for the whole country. As early as 1821 the legislature earmarked funds for more than two dozen roads throughout the state. Road building was often the responsibility of the counties, which were empowered to call out a local labor force for construction and provide road viewers, or supervisors. History Indiana's first "super highway" was the Michigan Road, which was built in the 1830s and 1840s and ran from Madison to Michigan City via Indianapolis. Like the National ...
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Indianapolis
Indianapolis (), colloquially known as Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to the U.S. Census Bureau, the consolidated population of Indianapolis and Marion County was 977,203 in 2020. The "balance" population, which excludes semi-autonomous municipalities in Marion County, was 887,642. It is the 15th most populous city in the U.S., the third-most populous city in the Midwest, after Chicago and Columbus, Ohio, and the fourth-most populous state capital after Phoenix, Arizona, Austin, Texas, and Columbus. The Indianapolis metropolitan area is the 33rd most populous metropolitan statistical area in the U.S., with 2,111,040 residents. Its combined statistical area ranks 28th, with a population of 2,431,361. Indianapolis covers , making it the 18th largest city by land area in the U.S. Indigenous peoples inhabited the area dating to as early as 10,000 BC. In 1818, the Lenape relinquished their ...
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Eastern United States
The Eastern United States, commonly referred to as the American East, Eastern America, or simply the East, is the region of the United States to the east of the Mississippi River. In some cases the term may refer to a smaller area or the East Coast plus Illinois, Wisconsin, Indiana, Mississippi, and their border states. In 2011, the 26 states east of the Mississippi (in addition to Washington, D.C. but not including the small portions of Louisiana and Minnesota east of the river) had an estimated population of 179,948,346 or 58.28% of the total U.S. population of 331,745,358 (excluding Puerto Rico). New England New England is a region of the United States located in the northeastern corner of the country, bounded by the Atlantic Ocean, Canada and the state of New York, consisting of the modern states of Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. In one of the earliest English settlements in the New World, English Pilgrims from Europe first ...
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Noah Noble Portrait
Noah ''Nukh''; am, ኖህ, ''Noḥ''; ar, نُوح '; grc, Νῶε ''Nôe'' () is the tenth and last of the pre-Flood patriarchs in the traditions of Abrahamic religions. His story appears in the Hebrew Bible (Book of Genesis, chapters 5–9), the Quran and Baha'i writings. Noah is referenced in various other books of the Bible, including the New Testament, and in associated deuterocanonical books. The Genesis flood narrative is among the best-known stories of the Bible. In this account, Noah labored faithfully to build the Ark at God's command, ultimately saving not only his own family, but mankind itself and all land animals, from extinction during the Flood. Afterwards, God made a covenant with Noah and promised never again to destroy all the Earth's creatures with a flood. Noah is also portrayed as a "tiller of the soil" and as a drinker of wine. Biblical narrative Tenth and final of the pre-Flood (antediluvian) Patriarchs, son to Lamech and an unnamed mother, Noah ...
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Bank Of Indiana
The state Bank of Indiana was a government chartered banking institution established in 1833 in response to the state's shortage of capital caused by the closure of the Second Bank of the United States by the administration of President Andrew Jackson. The bank operated for twenty-six years and allowed the state to finance its internal improvements, stabilized the state's currency problems, and encouraged greater private economic growth. The bank closed in 1859. The profits were then split between the shareholders, allowing depositors to exchange their bank notes for federal notes, and the bank's buildings and infrastructure were sold and reincorporated as the privately owned Second Bank of Indiana. Background The Indiana Territorial legislature had charted two banks in 1813. With no other established banks operating in Indiana, they were the first attempt by the government to bring banking and a standard currency to the young territory. The banks were granted twenty-year charter ...
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Second Bank Of The United States
The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania, the bank was chartered from February 1816 to January 1836.. The Bank's formal name, according to section 9 of its charter as passed by Congress, was "The President Directors and Company of the Bank of the United States". While other banks in the US were chartered by and only allowed to have branches in a single state, it was authorized to have branches in multiple states and lend money to the US government. A private corporation with public duties, the Bank handled all fiscal transactions for the U.S. Government, and was accountable to Congress and the U.S. Treasury. Twenty percent of its capital was owned by the federal government, the Bank's single largest stockholder.. Four thousand private investors held 80 percent of the Bank's capital, including three thousand Europeans. The bulk of the stocks were held by a few hundr ...
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National Road
The National Road (also known as the Cumberland Road) was the first major improved highway in the United States built by the Federal Government of the United States, federal government. Built between 1811 and 1837, the road connected the Potomac River, Potomac and Ohio Rivers and was a main transport path to the Western United States, West for thousands of settlers. When improved in the 1830s, it became the second U.S. road surfaced with the macadam process pioneered by Scotsman John Loudon McAdam. Construction began heading west in 1811 at Cumberland, Maryland, on the Potomac River. After the panic of 1837, Financial Panic of 1837 and the resulting economic depression, congressional funding ran dry and construction was stopped at Vandalia, Illinois, the then-capital of Illinois, northeast of St. Louis, Missouri, St. Louis across the Mississippi River. The road has also been referred to as the Cumberland Turnpike, the Cumberland–Brownsville Turnpike (or Road or Pike), the ...
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James B
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, York, James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * James (2005 film), ''James'' (2005 film), a Bollywood film * James (2008 film), ''James'' (2008 film), an Irish short film * James (2022 film), ''James'' (2022 film), an Indian Kannada ...
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Mississippi River
The Mississippi River is the second-longest river and chief river of the second-largest drainage system in North America, second only to the Hudson Bay drainage system. From its traditional source of Lake Itasca in northern Minnesota, it flows generally south for to the Mississippi River Delta in the Gulf of Mexico. With its many tributaries, the Mississippi's watershed drains all or parts of 32 U.S. states and two Canadian provinces between the Rocky and Appalachian mountains. The main stem is entirely within the United States; the total drainage basin is , of which only about one percent is in Canada. The Mississippi ranks as the thirteenth-largest river by discharge in the world. The river either borders or passes through the states of Minnesota, Wisconsin, Iowa, Illinois, Missouri, Kentucky, Tennessee, Arkansas, Mississippi, and Louisiana. Native Americans have lived along the Mississippi River and its tributaries for thousands of years. Most were hunter-ga ...
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Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of Ontario to its northwest, New York to its north, and the Delaware River and New Jersey to its east. Pennsylvania is the fifth-most populous state in the nation with over 13 million residents as of 2020. It is the 33rd-largest state by area and ranks ninth among all states in population density. The southeastern Delaware Valley metropolitan area comprises and surrounds Philadelphia, the state's largest and nation's sixth most populous city. Another 2.37 million reside in Greater Pittsburgh in the southwest, centered around Pittsburgh, the state's second-largest and Western Pennsylvania's largest city. The state's su ...
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New York (state)
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's popul ...
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