“The Railroads” * * * * * * * * * * * * * * * * * * * Linking the Nation By 1900: U.S. had over 200,000 miles of railroads Boom began in 1862: Lincoln signed the Pacific Railway Act Govt. offered each company land Competition between 2---each wanted as much land and money as possible The Union Pacific and Grenville Dodge Grenville Dodge: engineer of Union Pacific Began from Omaha, NE in 1865---west Faced blizzards, mountains, heat, Native Americans Workers: veterans, immigrants, miners and farmers, cooks, ex-convicts Union Pacific employed 10,000 workers Life: dirty and dangerous The Big Four and the Central Pacific Theodore Dehone Judah: engineer of Central Pacific Sold stock to 4 Sacramento merchants (the Big Four) Made huge fortunes from investments Leland Stanford: gov. of CA, founded Stanford Univ. Central Pacific: shortage of workers-hired 10,000 Chinese All equipment came from East Railroads Spur Growth _______________________ railroad spurred industrial growth Increased the size of markets for products Smaller railroads began consolidating _______________________: famous railroad consolidators 1869: formed New York Central-NYC to Buffalo---extended to Chicago The Benefits of a National System Before 1880s: communities set clocks at sun’s ____________________________ Interfered w/ train travel---___________________________________________________ _____________________________________________________________________________ 1883: American Railway Association divided country into ________ time zones Federal govt. ratified change in 1918 Railway operation more efficient: _________________________________________________ The Land Grant System Building/operating railway lines required money Federal govt. gave land grants to ____________________________ Railroads: sell land to settlers and businesses to raise money Pacific Railway Act of 1862 and 1864: _______________________________ Robber Barons Railroad entrepreneurs: built fortunes illegally?? Bribing govt. officials and cheating contracts Jay Gould: practiced “insider trading”---____________________________________________ Railroad investors bribed members of Congress----____________________________________ The Credit Mobilier Scandal 1872: Credit Mobilier--___________________________________________________________ ______________________________________________________________________________ Investors had made several million dollars Scandal led to investigation---_____________________________________________________ ______________________________________________________________________________ The Great Northern James Hill: built the Great Northern Railroad---_______________________________________ Didn’t use any _________________________________________________________________ Offered low fares to settlers along the route Made money from ______________________________________________________________ Great Northern became most successful _____________________________________________