People began to understand that with the acquisition of California the nation had obtained practically half a continent, of which the future possibilities were almost unlimited, so far as the development of natural resources and the genera production of wealth were concerned.
More Quotes from John Moody:
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 the Mississippi to the Pacific.John Moody
The upshot of the matter was that Morgan devised a plan for the sale of a large amount of Vanderbilt's stock holdings through private sale in England, and in such a way that the knowledge of such sale would not become public in America.
John Moody
The development of railroad properties under the Vanderbilt influence was not confined to the territory east of Chicago and the Mississippi Valley.
John Moody
We've been after the vice president since Sunday, as everyone has, and our efforts paid off. I think he wanted to make sure he got a fair interview and a good interview -- good in the sense of thorough -- and Brit is sort of the pre-eminent journalist in Washington right now.
John Moody
The roads that now make up the New York Central were built piecemeal from 1831 to 1853 and the organization of this company in the latter year, to consolidate eleven independent roads extending from Albany to Buffalo, finally put an end to the long debate between canals and railroads.
John Moody
But the great miracle of the nineteenth century-the building of a new nation... and diffusing among them the necessities and comforts of civilization to a greater extent than the world had ever known before is explained by the development of harvesting machinery and of the railroad.
John Moody
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