Besides its historical firsts, the canal's most significant impact was to stimulate the growth of New York City along with the other anthracite canals. Fueled by the cheap and plentiful coal barged up the canal and down the river, the city was able to develop and industrialize at the same pace as other Eastern cities. There would be other benefits to the city as well. The company's first president, Philip Hone, served a term as the city's mayor during the canal's construction. Later, John Roebling's experience building the canal served him well in designing the Brooklyn Bridge.