One of the primary objects of Pennsylvania Railroad policy has been to keep pace with the growth of the country.
One of the primary objects of Pennsylvania Railroad policy has been to keep pace with the growth of the country.
The close relationship between railroad expansion and the genera development and prosperity of the country is nowhere brought more distinctly into relief than in connection with the construction of the Pacific railroads.
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.
The Santa Fe Route, or the Atchison, Topeka and Santa Fe Railroad, which has in modern times developed into one of the largest and most profitable railroad systems in this country, was projected long before the idea of a transcontinental line to the Pacific coast had taken full possession of men's minds.
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.
© 2020 Inspirational Stories
© 2020 Inspirational Stories