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MIT 1 011 - Study Guide

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The Disasters and Politics of the Wheeling BridgeBackgroundMajor Costs of Wheeling BridgeMajor Benefits of Wheeling BridgeFinancial AnalysisLegal BattleSlide 7Natural DisasterLegal Battle ContinuesSummaryReferencesAbraham ReyesAbraham Reyes1.0111.011May 12, 2003May 12, 2003The Disasters and Politics of The Disasters and Politics of the Wheeling Bridgethe Wheeling BridgeBackgroundBackground•Constructed in 1849Constructed in 1849•It was the longest suspension bridge in the world at It was the longest suspension bridge in the world at the time of constructionthe time of construction•Caused a legal battle between Pittsburgh, PA and Caused a legal battle between Pittsburgh, PA and Wheeling, WVWheeling, WV•First bridge to span the Ohio RiverFirst bridge to span the Ohio River•Connected the National Road between West Connected the National Road between West Virginia and OhioVirginia and Ohio•Destroyed in 1854 by a storm and reconstructed in Destroyed in 1854 by a storm and reconstructed in 18601860•Oldest vehicular suspension bridge still in Oldest vehicular suspension bridge still in operationoperationMajor Costs of Wheeling BridgeMajor Costs of Wheeling Bridge•Total construction costs including rebuilding were Total construction costs including rebuilding were about $400,000about $400,000•Bridge impeded some steamboat traffic on the Ohio Bridge impeded some steamboat traffic on the Ohio RiverRiver•The Pittsburgh steamboat and rail businesses were The Pittsburgh steamboat and rail businesses were negatively affected by the opening of the bridgenegatively affected by the opening of the bridge•The bridge caused an extremely costly legal battle The bridge caused an extremely costly legal battle between Pennsylvania and Wheeling that threatened between Pennsylvania and Wheeling that threatened to bankrupt the Wheeling Bridge Companyto bankrupt the Wheeling Bridge Company•The ferry company which existed before the bridge The ferry company which existed before the bridge was built went out of businesswas built went out of businessMajor Benefits of Wheeling BridgeMajor Benefits of Wheeling Bridge•Boosted the Wheeling economyBoosted the Wheeling economy•Prompted the B&O Railroad to choose Wheeling Prompted the B&O Railroad to choose Wheeling as its terminusas its terminus•Increased inter-state trade by connecting the Increased inter-state trade by connecting the eastern and western sections of the National eastern and western sections of the National RoadRoad•Advanced bridge technology by constructing the Advanced bridge technology by constructing the largest single span suspension bridge in the largest single span suspension bridge in the worldworldFinancialFinancial AnalysisAnalysis•Total construction cost was approximately $400,000Total construction cost was approximately $400,000•Length of construction was 24 months for the first bridge Length of construction was 24 months for the first bridge and 12 months for the secondand 12 months for the second•Funded through sale of stock and loansFunded through sale of stock and loans•Annual revenues from tolls were approximately $50,000Annual revenues from tolls were approximately $50,000•Wheeling Bridge Company began making profit Wheeling Bridge Company began making profit approximately 20 years after construction approximately 20 years after construction •Although the return on investment was approximately Although the return on investment was approximately 12%, the bridge was not very profitable in the beginning 12%, the bridge was not very profitable in the beginning due to legal costsdue to legal costs•Invention of car greatly increased toll revenueInvention of car greatly increased toll revenue•Bridge was sold to the City of Wheeling in 1927 for $2.15 Bridge was sold to the City of Wheeling in 1927 for $2.15 million dollarsmillion dollarsLegal BattleLegal Battle•Pittsburgh claims that the bridge obstructs Pittsburgh claims that the bridge obstructs navigation on the Ohio Rivernavigation on the Ohio River•Pittsburgh goes to the U.S. Supreme Court to seek Pittsburgh goes to the U.S. Supreme Court to seek abatement of the bridgeabatement of the bridge•In May 1852 the Court rules in favor of PittsburghIn May 1852 the Court rules in favor of Pittsburgh•Wheeling goes to Congress to ask for the bridge be Wheeling goes to Congress to ask for the bridge be declared part of a postal and military roaddeclared part of a postal and military road•In August 1852 Congress agrees thereby saving the In August 1852 Congress agrees thereby saving the bridgebridge92 ft.92 ft.62 ft.62 ft. Highest river rise - 30 ft.Highest river rise - 30 ft.Highest boat stack - 60 ft.Highest boat stack - 60 ft.Wheeling Bridge DiagramWheeling Bridge DiagramNatural DisasterNatural Disaster•Mother nature did what Pittsburgh could notMother nature did what Pittsburgh could not•In May 1854 a strong wind storm destroys the bridgeIn May 1854 a strong wind storm destroys the bridge–““For a few moments we watched it with breathless anxiety, For a few moments we watched it with breathless anxiety, lunging like a ship in the storm; at one time it rose to nearly lunging like a ship in the storm; at one time it rose to nearly the height of the towers then fell, and twisted and writhed, the height of the towers then fell, and twisted and writhed, and was dashed almost bottom upward. At last there and was dashed almost bottom upward. At last there seemed to be a determined twist along the entire span, seemed to be a determined twist along the entire span, about one half of the flooring being nearly reversed, and about one half of the flooring being nearly reversed, and down went the immense structure from its dizzy height to down went the immense structure from its dizzy height to the stream below, with an appalling crash and roar.”the stream below, with an appalling crash and roar.”-The Wheeling -The Wheeling IntelligencerIntelligencer, May 17, 1854, May 17, 1854Legal Battle ContinuesLegal Battle Continues•When the bridge falls in May 1854, Pittsburgh When the bridge falls in May 1854, Pittsburgh once again goes to the Supreme Court to ask for once again goes to the Supreme Court to ask for an injunction preventing reconstruction of the an injunction preventing reconstruction of the bridgebridge•Since Supreme Court is not in session, Chief Since Supreme Court is not in session, Chief Justice grants


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MIT 1 011 - Study Guide

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