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"Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business."
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"There are two kinds of warriors: those on the battlefield, and those in the boardroom; both are out to win. But the age of King Alexander has gone, and the age of Bill Gates has come."

"Good intentions are the best business."

"When I was a child, I used to wonder why markets in my locality were all situated near the main roads. I grew up a little to get the answer; " that business minded people can meet there easily!" Your dream must be situated where they can meet people!"

"Take your dreams off the ground to the clouds of business where your products will contribute to make the world a better place."

"Making a product is just an activity, making a profit on a product is the achievement."
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"The construction of extensive railways, however, and particularly the consolidation of small, experimental lines into large systems, dates from the days of the discovery of gold in California."

"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."

"The financial history of the Baltimore and Ohio since the close of the nineteenth century is interesting chiefly in connection with changes in the control of the property."

"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."

"The United States as we know it today is largely the result of mechanical inventions, and in particular of agricultural machinery and the railroad."

"Farmers, merchants, manufacturers, and the traveling public have all had their troubles with the transportation lines, and the difficulties to which these struggles have given rise have produced that problem which is even now apparently far from solution."

"Horses and mules, and even sail cars, made more rapid progress than did the earliest locomotive."

"The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and definitely concentrated on the Pacific by the annual addition of over fifty million dollars to the circulating medium."

"With the reorganization of 1898 finished, the Baltimore and Ohio Railroad entered a new period in its history."

"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."
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