the building of the erie canal iS important for two reasons
FIRST,THE CANAL FACILITATED THE MOVING OF THE NATIONAL FINANCIAL CENTER FROM PHILADELPHIA TO NEW YORK
secondly, and more importantly, for our purposes, is that this provided the model for creating a wild speculative stock frenzy, as had already been learned and practiced during the dutch tulmania, and the selling of shares in the south seas company, and John Law's mississippi ventures