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Published byHorace Wilkinson Modified over 9 years ago
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PACIFIC RAILWAY ACT TRANSCONTINENTAL RAILROAD Union Pacific Greenville Dodge Civil War Vets Ex-convicts Cooks Adventurers Irish Immigrants 1086 miles of track Central Pacific Leland Stanford Hired workers from China Paid $1/day 688 miles of track
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HELPED THE ECONOMY Stimulated the economy People spent money on steel, coal, timber, and other materials
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CORNELIUS VANDERBILT Merged 3 small New York railroads to form New York Central 1871 started building Grand Central Station 1 st direct line from NYC to Chicago
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TIME ZONES 4 times zones Eastern Central Mountain Pacific Federal Government ratified in 1918 Created to avoid railroad accidents
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ROBBER BARONS People who loot an industry and give nothing back Land Grants Railroads sold land to settlers, real estate companies, and other businesses to raise money to build the railroads Railroad companies were given 120 million acres of public land
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JAY GOULD Corrupt Railroad owner
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CREDIT MOBILER SCANDAL Construction companies set up several stockholders of the Union Pacific Railroad Sold contracts to themselves and the railroad paid Millions were made by the investors Congress was sold shares of stock
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JAMES J. HILL Built the Great Northern Railroad Offered low fares to people that lived along route Sent supplies to the west that would go to Asia Supplies went both ways Only Railroad to not go bankrupt
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