Yet, in 1850 nearly all the railroads in the United States lay east of the Mississippi River, and all of them, even when they were physically mere extensions of one another, were separately owned and...

Yet, in 1850 nearly all the railroads in the United States lay east of the Mississippi River, and all of them, even when they were physically mere extensions of one another, were separately owned and separately managed.
John Moody

Next Quote
Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business.
- John Moody
Previous Quote
The United States as we know it today is largely the result of mechanical inventions, and in particular of agricultural machinery and the railroad.
- John Moody

Yet, in 1850 nearly all the railroads in the United States lay east of the Mississippi River, and all of them, even when they were physically mere extensions of one another, were separately owned and separately managed. John Moody

Yet, in 1850 nearly all the railroads in the United States lay east of the Mississippi River, and all of them, even when they were physically mere extensions of one another, were separately owned and separately managed.
John Moody