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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 41 to
50 of 99
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The Erie Railroad control was always nominally for sale, and, as the annual election approached, a majority of stockholders stood ready to sell their votes to the highest bidder.
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While the New York Central was in an ideal position for handling all traffic destined for the New England States, the Pennsylvania could control practically none of this business, as its terminals were on the wrong side of the Hudson and necessitated... the much more expensive handling of freight.
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Practically no railroad, even as late as the sixties, was wider than another. They were all single-tracked lines.
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The Flying Dutchman, one of the cars devised to furnish motive power, provided for the horse or mule a treadmill which would revolve the wheels and make the distance of twelve miles in about an hour and a quarter.
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The outbreak of the Civil War delayed the undertaking of the Atchison-Topeka line, and nothing more was done until 1868.
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In the earlier days of railroading, and especially in the long period which came to an end with the death of Harriman, the typical railroad president was usually a man of great wealth who had secured his position by owning a large financial interest in the property.
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In 1862, when the charter was granted by the United States Government for the construction of a railroad from Omaha to the Pacific coast, the only States west of the Mississippi Valley in which any railroad construction of importance existed were Iowa and Missouri.
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Both freight and passenger charges, however, were still maintained at an unprofitable rate, and, after the death of John W. Garrett, the credit of the Baltimore and Ohio continued to decline.
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Even the New York Central system in 1866 was practically a single-track road; and the Commodore could not claim to any particular superiority over his neighbors and rivals in this particular.
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One of the primary objects of Pennsylvania Railroad policy has been to keep pace with the growth of the country.
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Quotations 41 to
50 of 99
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