The 1840s economic situation in the South was precarious for multiple reasons, one definite factor for Augusta to be in bad shape during the period was the depression of 1837; which consequently had significantly lowered the cotton prices. It was Cumming that believed that a canal in Augusta could give the city the vigor it needed to propel out of its distressed lull. Cumming imagined that the canal would allow and give reason for a manufacturing industry to develop in Augusta. The logic behind wanting a manufacturing base in Augusta was that it would balance out its economy giving the city commercial diversity.