Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business
John MoodyHorses and mules, and even sail cars, made more rapid progress than did the earliest locomotive.
John MoodyWhile no one railroad can completely duplicate another line, two or more may compete at particular points
John MoodyThe 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
John Moody