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"Yet, in 1850 nearly all the railroads in the United States lay east of the Mississippi River, and all of them, even when they were physically mere extensions of one another, were separately owned and separately managed."
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Explore more quotes by John Moody

"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."

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

"As the contest proceeded, public interest increased and the entire country watched to see which company would win the big government subsidies through the mountains."

"The States which form the northern border of the United States westward from the Great Lakes to the Pacific coast include an area several times larger than France and could contain ten Englands and still have room to spare."

"Many of the railroad evils were inherent in the situation; they were explained by the fact that both managers and public were dealing with a new agency whose laws they did not completely understand."

"Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business."

"While no one railroad can completely duplicate another line, two or more may compete at particular points."

"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."

"When the scheme for the construction of a railroad from Baltimore to the waters of the Ohio River first began to take form, the United States had barely emerged from the Revolutionary period."
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