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Updated: June 4, 2025
The complete transformation in the tariff policy of the nation permitted the growth of manufacturing to an extent that would have been impossible had the war not occurred; the construction of the transcontinental railroads had an immeasurable effect on the development of the great region west of the Missouri river; the concentration of capital provided the means by which industrial enterprises could be carried out on a gigantic scale; the establishment of a uniform currency and a better banking system accelerated the growth of industry and trade.
"Go on, Mr. Hathaway; if I wasn't greatly interested in the beginning, I am now. How was the fact recognized by the Transcontinental Railway Company?" "It was just as easy as twice two.
If the Transcontinental had beaten us, it meant that our competitor would build over here from Jack's Canyon, divide the Copah business with us, and have a line three hundred miles nearer to the Nevada gold-fields than ours." "I understand," said Lidgerwood; and the vice-president went on.
I guess you ain't seen the newspapers. There was a high old time in the stock market yesterday and Louisville and Transcontinental climbed half-way to the moon. From being a pauper I'm pretty well fixed." "I'm heartily glad of it, George," I said. "But there is one thing I don't understand. You say you learned of my selling the land before you reached Denboro.
A railway line of 250 miles now connects Port Augusta with Adelaide. To this town was the first section of the Transcontinental telegraph line carried; and it was in those days the last place where I could get stores for my expedition. Various telegraph stations are erected along the line, the average distance between each being from 150 to 200 miles.
Business maniac as Madge thinks me to be, little Jack is of more consequence than a transcontinental railway. I must face the music the discord, rather of Wall Street to-morrow. There is no use in protesting or coaxing; I must be there; but it's a great thing to be able to return with my nerves soothed, rested, and quieted.
"I am sorry," said Montague; "this would be a cash transaction." "How many shares do you want to buy?" "Ten thousand," was the reply. Mr. Streeter became more serious. "That is a large order," he said. Montague said nothing. "What do you wish to buy?" was the next question. "Transcontinental Common," he replied. "Well," said the other, after another pause-,"we will try to accommodate you.
He was also an eminent bibliophile, possessing a library of thirty thousand volumes. He was also a prominent agitator against the fugitive slave law, and organizer and corporator of the Illinois Central Railroad, the first transcontinental line projected.
Familiar as they may be, there is something strangely impressive about all night journeys by rail; and those forming part of an American transcontinental trip are almost weird.
The transcontinental express swung along the windings of the Sand River Valley, and in the rear seat of the observation car a young man sat greatly at his ease, not in the least discomfited by the fierce sunlight which beat in upon his brown face and neck and strong back.
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