Potomac Company
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The Potomac Company (spelled variously as Patowmack, Potowmack, Potowmac, and Compony) was created in 1785 to make improvements to the Potomac River and improve its navigability for commerce. The project is perhaps the first conceptual seed planted in the minds of the new American capitalists in what became a flurry of transportation infrastructure projects, most privately funded, that drove wagon road turnpikes, navigations, and canals, and then as the technology developed, investment funds for railroads across the rough country of the Appalachian Mountains.
In a few decades, the eastern seaboard was crisscrossed by private turnpikes and canals were being built from Massachusetts to Illinois ushering in the brief seven decades of the American Canal Age. The Potomac Company's achievement was not just to be an early example, but of being significant also in size and scope of the project, which involved taming a mountain stream fed river with icing conditions and unpredictable freshets (floods).