The Erie Railroad control was always nominally for sale, and, as the annual election approached, a majority of stockholders stood ready to sell their votes to the highest bidder.
More Quotes from John Moody:
By 1885 the Vanderbilt lines had grown in extent and importance far beyond any point of which the elder Vanderbilt had ever dreamed.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
Practically no railroad, even as late as the sixties, was wider than another. They were all single-tracked lines.
John Moody
It was a simple matter to find fault with the railroad it has always been its fate to arouse the opposition of the farmers.
John Moody
The railroad, they said, was a natural monopoly no private citizen could hope ever to own one it was thus a kind of monster which, if encouraged, would override all popular rights.
John Moody
On July 18, 1858, the first through train passed over the entire line from Philadelphia via Mount Joy to Pittsburgh without transfer of passengers. At the same time the first smoking car ever attached to a passenger train was used, and sleeping cars also soon began to appear.
John Moody
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