1. The Business Of Railroads
... ). Some of the major events in the business of railroads in the late 19th century were the construction of the transcontinental railroad, economic hindrances in railroad expansion, the expansion of the New York Central railroad, and the graft and bribery of Commodore Cornelius Van-derbilt. Public demand for the transcontinental railroad for westward expansion was originally inspired by an 1836 proposal by the American statesmen John Plumbe and Robert John Walker (Railroads ... ). Finally, in July 1862, Congress authorized the construc-tion of two railroads that together would provide the ...
- Word Count: 1344
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate