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Re: Fwd: Re: [CBQ] Early Railroads...

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Subject: Re: Fwd: Re: [CBQ] Early Railroads...
From: "Bill Hirt whirt@fastmail.com [CBQ]" <CBQ@yahoogroups.com>
Date: Fri, 15 Jan 2016 13:47:39 -0600
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Jan,

If you want to read sometime about the big boys - Vanderbilt Morgan and the backers of the Pennsylvania Railroad - and how they could waste incredible amounts of money battling each other, read "The Railroad That Never Was" by Herbert Harwood Jr. Almost $6 million was spent to build a railroad that was never finished or operated. That is the equivalent of a $150 million today. This was just a large scale version of what played out across the country during this period.

Bill Hirt


On 1/15/2016 12:38 PM, JK public@redtower.net [CBQ] wrote:
Thanks, Steve, Leo, Bill and Carroll...loads of great info there and I knew this group would have the knowledge.  The information about Gould was particularly eye-opening, as I had assumed that most of the dirty-dealing was from standard hucksters who showed up and promised something they never intended to provide...but it appears that the worst hucksters were some of the big players....




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Posted by: Bill Hirt <whirt@fastmail.com>



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