Table 2 The costs and benefits for constructing the Chesapeake and Ohio Canal ()
From: The origin of cost–benefit analysis: a comparative view of France and the United States
Cost | ||||
|---|---|---|---|---|
section | Distance (km) | Ascent or descent (m) | Number of locks | Estimated cost ($) |
Eastern | 298.7 | 176.2 | 74 | 8,177,081.05 |
Middle | 113.6 | 597.7 | 246 | 10,028,122.86 |
Western | 137.1 | 188.7 | 78 | 4,170,223.78 |
Sum | 549.4 | 962.6 | 398 | 22,375,427.69 |
Benefit | Estimated benefit ($) |
|---|---|
Augmentation in the value of lands, or benefit derived by owners of real property | 36,780,000 |
Total of successive augmentations of the value of the products during 6 years, or advantages obtained by the producers | 38,989,560 |
Total of successive augmentations by the revenue of the customs, during the same period | 3,996,195 |
Benefits derived to commerce and the carrying business together, and for 6 years | 1,859,830 |
Sum | 81,625,585 |