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This book was published in 1962. It is well written and describes the creation of western railroads in a way that shows a knowledge of the industry and relates it to the way many industries in the ... Read full review
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Adams agreed agreement Association Atchison Atlantic and Pacific building built Burlington Archives California Canadian Pacific capital capitalists cent Central Pacific Chicago Chron Colorado Colton competition completed connection construction company Council Bluffs Crocker declared Denver dividends early earnings east eastern extension floating debt Forbes funds Gould Henry Villard Hughitt Huntington Ibid interest investment investors Kansas City Kansas Pacific Lake Superior leadership lease loans major Manitoba meanwhile million Missouri Pacific Missouri River move Navigation Nebraska negotiations Northern Pacific Northwest Northwestern Omaha Oregon Orleans Pacific Coast Pacific stock Paul Pennsylvania Railroad Perkins plans Potter president profits proposed R. R. Gaz Railway rate structure reduced Rio Grande road road's Rock Island Scott securities sold Southern stockholders substantial territory Texas and Pacific tion ton-mile traffic transcontinental route Twin Cities Union Pacific Villard Wabash western railroad wrote
Page 5 - The topography of the county varies from gently rolling to rough and hilly adjacent to the larger streams. The bluffs along the Missouri river rise to a height of 150 to 350 feet. The Chicago, Burlington and Quincy, the Chicago Rock Island and Pacific and the Chicago Great Western railroads afford good transportation facilities, while the extensive river frontage gives an excellent opportunity for transportation to Kansas City or St. Joseph by water. The Missourian underlies the entire county, having...
Page 10 - The railroads also competed for funds with rapidly growing cities in need of municipal improvements. Other demands upon the limited capital supply came from industries: coal, iron, steel, lumber, farm equipment, copper, and an increasing variety of manufacturing and fabricating enterprises. High interest rates reflected both strong demands and high risks. Relatively little institutional money — money raised from the savings of the masses — was available forwestern railroad investment.