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Published byJeremiah Connolly Modified over 11 years ago
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1853 AMERICANS PAY $10 MILLION SOUTHERNERS WANT TO BUILD A TRASCONTINENTAL RAILROAD IN THE SOUTH LAND GOES AROUND THE MOUNTAINS JAMES GADSDEN
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JOSEPH SMITH PERSECUTED RELIGION – MOVED MANY TIMES BRIGHAM YOUNG 15,000 SETTLE NEAR GREAT SALT LAKE IN UTAH KILLED
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SUTTERS MILL JAMES MARSHALL GOLD FEVER! 49 ERS – 80,000 PEOPLE MOVE TO CALIFORNIA MINING GOLD
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AFTER GOLD RUSH CALIFORNIA IS LAWLESS ASKS TO BE ADMITTED AS FREE STATE GREAT DEBATE IN CONGRESS CALIFORNIA BECOMES A STATE WITH OTHER AGREEMENTS (BRIEF EXPLANATION)
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SILVER STIKE IN NEVADA! LARGEST SILVER STRIKE IN HISTORY
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PUT OUT OF BUSINESS BY TELEGRAPH LINKED CALIFORNIA WITH THE EAST US MAIL 3 WEEKS – PONY EXPRESS 10 DAYS STATIONS 25 MILES APART – EACH RIDER 75 MILES A DAY – 100 STATIONS – 50 RIDERS -500 HORSES – LIGHT PACKAGES - SADDLE
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SAMUEL F.B. MORSE TALKING WIRE CONNECTED CALIFORNIA IN 1861
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IRON HORSES TRACKS IN EAST STARTING 1800 CALL FOR A RAILROAD TO CALIFORNIA IN 1850 – DEBATE IN CONGRESS
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CRAZY JUDAH UNION PACIFIC & CENTRAL PACIFIC
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CHINESE WORKERS LAYING TRACKDANGERS NATIVE AMERICANS
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PROMONTARY POINT MAY 10, 1869 GOLDEN SPIKE!
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STOCK HOLDERS IN UNION PACIFIC MORE MONEY CAN BE MADE IN BUILDING THE RAILROAD THAN OPERATING IT BUY PENNSYLVANIA FISCAL AGENCY – CREDIT MOBILIER = CONSTRUCTION COMPANY UNION PACIFIC & CREDIT MOBILIER COMBINE STOC K MAKES THEM 1 COMPANY – 2 NAMES
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GOVERNMENT WILL PAY CONSTRUCTION COMPANY WITH FREE LAND & MONEY PER MILE OF TRACK UNION PACIFIC HIRES CREDIT MOBILIER TO BUILD RAILROAD – HIRES ITSELF!
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667 MILES OF TRACK = $44 MILLION CHARGED $94 MILLION SELLS OFF GOVERNMENT LAND
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OAKS GIVES MEMBERS OF CONGRESS SHARES OF STOCK IN CREDIT MOBILIER NO RISK - STOCK GOES UP OVER 500% (67/68) $33 MILLION IN PROFIT 1872 NEW YORK SUN REPORTS STORY MANY RESIGN – VP - OTHERS CONGRESS GETS SUSPICIOUS
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