History of Albany, New York (1784–1860) 1807, Robert Fulton initiated a steamboat line from New York to Albany, the first successful enterprise of its kind. By 1810, with 10,763 people, Albany was the 10th largest urban place in the nation. The town and village known as "the Colonie" to the north of Albany was annexed in 1815. In 1825 the Erie Canal was completed, forming a continuous water route from the Great Lakes to New York City. Unlike the current Barge Canal, which ends at nearby Waterford, the original Erie Canal ended at Albany; Lock 1 was located north of Colonie Street. The Canal emptied into
Thames and Severn Canal navigable state. The condition of the canal continued to decline. Complaints were made about its state in 1874 and 1885, which resulted in surveys being undertaken, but little was done to remedy the situation. In 1893, the Thames and Severn company announced that the canal between Chalford and Inglesham would close two days later. Negotiations with a number of interested parties took place, and having given an assurance that it would not be converted into a railway to the Great Western Railway, an Act of Parliament was obtained in 1895, which formed a Trust with powers to raise £15,000. The