1 / 9

Railroads

Railroads. Pacific Railway Act transcontinental Railroad. Union Pacific. Central Pacific. Leland Stanford Hired workers from China Paid $ 1/day 688 miles of track. Greenville Dodge Civil War Vets Ex-convicts Cooks Adventurers Irish Immigrants 1086 miles of track. Helped the economy.

zhen
Download Presentation

Railroads

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Railroads

  2. Pacific Railway Acttranscontinental Railroad Union Pacific Central Pacific Leland Stanford Hired workers from China Paid $1/day 688 miles of track • Greenville Dodge • Civil War Vets • Ex-convicts • Cooks • Adventurers • Irish Immigrants • 1086 miles of track

  3. Helped the economy • Stimulated the economy • People spent money on steel, coal, timber, and other materials

  4. Cornelius Vanderbilt • Merged 3 small New York railroads to form New York Central • 1871 started building Grand Central Station • 1st direct line from NYC to Chicago

  5. Time Zones • 4 times zones • Eastern • Central • Mountain • Pacific • Federal Government ratified in 1918 • Created to avoid railroad accidents

  6. 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

  7. Jay Gould Corrupt Railroad owner

  8. 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

  9. 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

More Related