Many of the railroad evils were inherent in the situation; they were explained by the fact that both managers and public were dealing with a new agency whose laws they did not completely understand.
More Quotes from 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
Great men are usually the products of their times and one of the men developed by these times takes rank with the greatest railroad leaders in history.
John Moody
Under the Thomson management, which lasted until 1874, the record of the Pennsylvania Railroad was one of progress in every sense of the word.
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
After the opening of the Erie Canal in 1825, the Legislature of New York directed a survey of a state road which was to be constructed at public expense through the southern tier of counties from the Hudson River to Lake Erie.
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
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