Yet, in 1850 nearly all the railroads in the United States lay east of the Mississippi River, and all of them, even when they were physically mere extensions of one another, were separately owned and separately managed. — John Moody Copy Share Image
The public conviction that a railroad linking the West and the East was an absolute necessity became so pronounced after the gold discoveries of '49 that Congress passed an act in 1853 providing for a survey of several lines from… — John Moody Copy Share Image
In the decade before the Civil War various north and south lines of railway were projected and some of these were assisted by grants… — John Moody Copy Share Image
As the contest proceeded, public interest increased and the entire country watched to see which company would win the big government subsidies through the… — John Moody Copy Share Image
Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business. — John Moody Copy Share Image
The financial history of the Baltimore and Ohio since the close of the nineteenth century is interesting chiefly in connection with changes in the… — John Moody Copy Share Image
The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and definitely concentrated… — John Moody Copy Share Image
In the United States three new methods of transportation made their appearance at almost the same time - the steamboat, the canal boat, and… — John Moody Copy Share Image
Horses and mules, and even sail cars, made more rapid progress than did the earliest locomotive. — John Moody Copy Share Image
The United States as we know it today is largely the result of mechanical inventions, and in particular of agricultural machinery and the railroad.… — John Moody Copy Share Image
The close relationship between railroad expansion and the genera development and prosperity of the country is nowhere brought more distinctly into relief than in… — John Moody Copy Share Image
Farmers, merchants, manufacturers, and the traveling public have all had their troubles with the transportation lines, and the difficulties to which these struggles have… — John Moody Copy Share Image
People began to understand that with the acquisition of California the nation had obtained practically half a continent, of which the future possibilities were… — John Moody Copy Share Image
The construction of extensive railways, however, and particularly the consolidation of small, experimental lines into large systems, dates from the days of the discovery… — John Moody Copy Share Image
