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American History: Essays: The Iron Horse: After the Celebration

Curated by ACT

From a lengthy essay on the history of the railroad in the United States. This section describes the financial woes of Union Pacific after the railroad was completed, and what the government did to recoup some of its loans. Also discusses how Central Pacific managed to survive while Union Pacific eventually declared bankruptcy.

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costs of building railroad, railroad history, bureau of railroad accounts, central pacific, credit mobilier, revolution to reconstruction: the iron horse: after the celebration, thurman law, union pacific
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  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
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