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<p>On March 24, 1837, the Ohio legislature passed the Ohio Loan Law of 1837. This legislation was designed to assist the building of additional canals within the state. It allowed the Ohio government to loan businesses one-third of the total costs to complete a project. The only requirement was that the business had to have raised two-thirds of the estimated cost before the state government would authorize a loan for the other one-third.</p>

==See Also==

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*[[Ohio]]

*[[Railroads]]

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