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
