Canals might indeed linger for a time as feeders... but every one now realized that the railroad was to be the great agency which would give plausibility to the industrial organization of the United States and develop its great territory.
More Quotes from John Moody:
The panic of 1837, the contest of the United States Bank with President Jackson, its defeat, and its subsequent failure as a state bank, the consequent distress in local financial circles--all conspired to shift the monetary center of the country to New York.John Moody
Federal railroad regulation... had steadily increased through the years the Sherman Anti-trust Act, passed in 1890, had been interpreted broadly as affecting the railroads of the country as well as the industrial and other combinations.
John Moody
I have trained really hard. I was as nervous as hell serving at 20-19 but it worked out.
John Moody
The outstanding dramatic event in the story of the modern Northern Pacific was the famous corner which occurred in the spring of 1901 as a result of a contest between the Hill and the Harriman interests for the control of the property.
John Moody
In the decade before the Civil War various north and south lines of railway were projected and some of these were assisted by grants of land from the Federal Government.
John Moody
With the reorganization of 1898 finished, the Baltimore and Ohio Railroad entered a new period in its history.
John Moody
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Based on Topics: Time QuotesBased on Keywords: feeders, plausibility
There are many ways of going forward, but only one way of standing still.
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Here we are 17 years later. Those agencies never did come through.
Jeremy Rifkin