About: Indiana Mammoth Internal Improvement Act

Facets (new session)
Description
Metadata
Settings
- Rule:
- Inverse Functional Properties:
- "Same As":

About: Indiana Mammoth Internal Improvement Act Goto Sponge NotDistinct Permalink

An Entity of Type : yago:Legislation106535222, within Data Space : dbpedia.org associated with source document(s)
QRcode icon

http://dbpedia.org/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FIndiana_Mammoth_Internal_Improvement_Act&graph=http%3A%2F%2Fdbpedia.org&graph=http%3A%2F%2Fdbpedia.org

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.

Attributes	Values
rdf:type	yago:Abstraction100002137 yago:CivilLaw108453464 yago:Collection107951464 yago:Group100031264 yago:Law108441203 yago:Legislation106535222
rdfs:label	Indiana Mammoth Internal Improvement Act (en)
rdfs:comment	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. (en)
foaf:depiction
dcterms:subject	1836 in law Indiana General Assembly Legal history of Indiana Canals in Indiana 1836 in Indiana
Wikipage page ID	19714226 (xsd:integer)
Wikipage revision ID	1080994317 (xsd:integer)
Link from a Wikipage to another Wikipage	Samuel Bigger Bison David Wallace (Indiana politician) Dennis Pennington Pennsylvania Peru, Indiana Buffalo Trace (road) Eastern United States Indiana Canal Company Internal improvements Panic of 1837 Mississippi River 1836 in law Indiana General Assembly Legal history of Indiana London Madison, Indiana Canals in Indiana 1836 in Indiana Michigan Road Wabash River Whig Party (United States) Whitewater Canal James B. Ray Toll road American Civil War Evansville, Indiana Bank of Indiana Noah Noble Panic of 1819 Paoli, Indiana Governor of Indiana History of Indiana James Lanier James Whitcomb Jeffersonville, Madison and Indianapolis Railroad Bankrupt Terre Haute, Indiana Lawrenceburg, Indiana Indiana Indiana Central Canal Indiana General Assembly Indiana Historical Society Indianapolis National Road New Albany, Indiana New York (state) Ohio River Canal Railroad Second Bank of the United States Shelbyville, Indiana Wabash and Erie Canal Insolvent Muskrats Ohio Valley Falls of the Ohio
Link from a Wikipage to an external page	https://archive.org/details/indianamagazine01librgoog%7Caccess-date=2008-10-11 https://books.google.com/books%3Fid=uyI1AAAAIAAJ%7Cpublisher=W.K. https://books.google.com/books%3Fid=GmcPryCCxFIC&%7Cvolume=V.I
sameAs	Indiana Mammoth Internal Improvement Act Indiana Mammoth Internal Improvement Act Indiana Mammoth Internal Improvement Act
dbp:wikiPageUsesTemplate	dbt:Cite_book dbt:Convert dbt:Infobox_legislation dbt:Portal dbt:Reflist dbt:Indiana_history
thumbnail	wiki-commons:Special:FilePath/Mammoth_Improvenment_Act_Projects.jpg?width=300
caption	A map showing the extent of the projects along with the portions that were not completed by the state (en)
date signed	1836 (xsd:integer)
enacted by	Noah Noble Governor of Indiana
imagesize	350 (xsd:integer)
short title	Mammoth Internal Improvement Act (en)
has abstract	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 greatest debacles in the history of Indiana. Public blame was placed on the Whig party who had been in control of the General Assembly and the governorship during the passage of the act and the subsequent bankruptcy, though only nine members of both houses voted against the bill. After the scope of the financial disaster became apparent to the state, the Whig party gradually began to collapse in Indiana, leading to a period of Democratic control of the General Assembly that lasted until the middle of the American Civil War. Despite the dire immediate effects on the state's finances, the project ultimately fed a 400% increase in state land values, and provided numerous other direct and indirect benefits to Indiana. The Wabash and Erie Canal, which was partially funded by the act, became the longest canal in North America and remained in operation until rendered obsolete by the railroads in the 1880s. (en)
prov:wasDerivedFrom	wikipedia-en:Indiana_Mammoth_Internal_Improvement_Act?oldid=1080994317&ns=0

Faceted Search & Find service v1.17_git139 as of Feb 29 2024

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (378 GB total memory, 50 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software