Iron road to the West : American railroads in the 1850s There is much that is missing from this account of the railroad business of the 1850s. It does have brief vignettes of actual travels, comparing, for instance, Abraham Lincoln's east-west trips of 1849 and 1861. For the most part...
By 1900, the country's total rail mileage had increased to 193,346, from 163,597 in 1890. It would continue to grow for another decade before reaching its all-time high during the World War I era. At the 20th century's dawn, railroads had reached their economic supremacy; it seemed ...
As the nation’s first big business, the railroads transformed the conduct of business. During the early 1830s, railroads, like canals, depended on financial aid from state governments. With the onset of economic depression in the late 1830s, however, state governments scrapped overly ambitious ...
The Gilded Age witnessed several railroads complete their trunk lines: The Atchison, Topeka & Santa Fe reached California in 1883 when its leader, William Barstow Strong, successfully broke Southern Pacific's monopoly within the Golden State The Erie Railroad (then known as the New York, Lake Eri...
"Railroads and Local Economic Development: The United States in the 1850s." Working Paper W12381. Cambridge, Mass.: National Bureau of Economic Research.Haines, M. and Margo, R. 2006. Railroads and Local Economic Development: The United States in the 1850s. NBER Working Paper 12381 ....
Railroads in U.S. History (1830-2010): With Gregory Wagrowski, Alphonse Keasley. This series offers a fresh perspective on how railroads created and shaped America's financial institutions, America's singular brand of capitalism and its unique way of doi
According to the passage, all of the following were true of railroads in the United States in the nineteenth century EXCEPT that ___. A. they connected important industrial cities B. they were necessary to the industrialization process C. they were expanded in a short time D. they used rela...
s Birmingham-Hoover metropolitan area. Attempts to bring the railroad up from the Cahaba River and across Shades Mountain began in the 1850s but were frustrated for many years by the difficult terrain. Brock’s Gap extracted a heavy toll both in terms of funds and human lives before the ...
the 1850s that helped make Wall Street in New York City the nation's greatest capital market.The stocks of all the leading railroads were traded on the floor of the New York Stock Exchange during the 1850s.In addition, the growth of railroads turned New York City into the center of ...
boomtowns like Utica, Syracuse, and Rochester (cities in the state of New York) sprang up to supply the great migration and take advantage of the growing trade that flowed back and forth along its heavily traveled canal towpaths. As New York's success invited emulation, members of Congress ...