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| QUOTE COLLECTIONS OF John Moody |
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Quotes By author - Starting with J - John Moody
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There are 99 quotes for the author John Moody
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Quotations 31 to
40 of 99
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From that date forward, the history of the Vanderbilt railroads has been closely identified with the House of Morgan. J.P. Morgan and his business associates became the company's financial agents, and thereafter all plans of expansion or consolidation were handled directly by them.
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By 1880 four different lines of railroad were running through to the Pacific States, and a fifth, the Denver and Rio Grande, had penetrated through the mountains of Colorado and across Utah to the Great Salt Lake.
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The railroad originally was as completely dissociated from steam propulsion as was the ship.
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While for many years after the death of the Commodore the Vanderbilt family remained in direct financial and operating control of the New York Central... yet the brains and resources of the Vanderbilt's were not alone responsible for the brilliant career of the system down to recent times.
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Canals might indeed linger for a time as feeders... but every one now realized that the railroad was to be the great agency which would give plausibility to the industrial organization of the United States and develop its great territory.
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The panic of 1837 interfered with the work, but in 1838 the state Legislature came forward with a construction loan of three million dollars, and the first section of line, extending from Piermont on the Hudson to Goshen, was put into operation in September, 1841.
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In fact there were railroads long before there were steam engines or locomotives.
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Farmers, merchants, manufacturers, and the traveling public have all had their troubles with the transportation lines, and the difficulties to which these struggles have given rise have produced that problem which is even now apparently far from solution.
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By 1885 the Vanderbilt lines had grown in extent and importance far beyond any point of which the elder Vanderbilt had ever dreamed.
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In the United States three new methods of transportation made their appearance at almost the same time - the steamboat, the canal boat, and the rail car.
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Quotations 31 to
40 of 99
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