From Ohio History Central
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Turnpike companies had varying degrees of success in their business ventures. Some operated their roads for decades, managing to make money from the tolls. Many other companies were not financially successful. They often went bankrupt in a short time and turned over the roads to local governments. The Panic of 1819 was particularly hard on several financially unstable turnpike companies.
Despite the failure of many turnpike companies, the turnpikes themselves contributed significantly to Ohio's growth in the decades after statehood. As roads improved and increased in numbers trade and travel within the state also increased. In addition to turnpikes, canals and railroads contributed to
Ohio�s economic development in the nineteenth century.
[[Category:Exploration To Statehood]]