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

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.

The railroad originally was as completely dissociated from steam propulsion as was the ship

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

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

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

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.