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