By Maury Klein
The Union Pacific Railroad is well known as America’s first transcontinental railroad and is among the most powerful businesses within the railroad at the present time. The laying of the golden spike in Promontory, Utah, in 1869 marked not just the outlet of the continent to payment but in addition the transformation of the U.S. from an agricultural kingdom to an commercial one.Maury Klein, America’s top-rated railroad historian, re-creates the robust personalities and dramatic occasions that resulted in the development of this mythical railroad. absolutely illustrated with over 100 ancient images and maps, Union Pacific information the feat of engineering and human energy that conquered the terrain of the wasteland and mountains and in addition the colourful wheelings and dealings that have been waged in government boardrooms in ny and Boston and within the chambers of Congress as dreamers and scoundrels, politicians and patriots solid a pioneering firm in transportation. Maury Klein is professor of historical past on the college of Rhode Island. he's the writer of a number of books, together with the Pulitzer Prize finalist The lifestyles and Legend of Jay Gould.
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Additional info for Union Pacific: Volume I, 1862-1893
He had come to town with another director and large stockholder, Cornelius S. Bushnell. A merchant and shipbuilder from New Haven, Bushnell was already known in Washington as the man who had helped build the Monitor and urged its acceptance by the government. Large, dynamic, full of the promoter's enthusiasm, Bushnell had accumulated some political chits of his own, including Senator Pomeroy, who had interests in both the Union Pacific and Kansas Pacific. As a lobbyist the affable Bushnell was more effective than Durant, who had too many irons heating to keep his eye on any one for very long.
The Kansas promoters had antagonized key members of Congress with their squabbling and could expect nothing unless their claims and disputes were settled. However, they still hoped to beat the Union Pacific and could do much to prevent any amendments to the Act of 1862. " He decided to side with Hallett and his partner by taking a one-third interest in Hallett's construction contract. This gave him leverage in the enemy camp and allowed him to copper his bets if things went badly for the Union Pacific.
As the secretary read the report aloud, the directors fidgeted in their seats and began leaving the room. In the outer chamber one director asked why they had been summoned to hear such nonsense. When the secretary finished, only Farnam, Durant, and Dodge remained in the room. Durant had heard every word and understood their importance. Already he and Farnam sensed that renewed public interest in the Pacific road would enable them to raise money easily for the M & M. For Durant the report may have been the experience that fired his imagination with the possibilities of a transcontinental railroad.