Who Was The Main Person To Endorse The Transcontinental Railroad In America?

Who Was The Main Person To Endorse The Transcontinental Railroad In America? Abraham Lincoln (1809–1865) was the 16th President of the United States and is remembered as the savior of the Union and the Great Emancipator of the slaves. But in this story, Lincoln also figures as an important and very well-placed friend of the

What Was The Purpose Of The Credit Mobilier?

What Was The Purpose Of The Credit Mobilier? Crédit Mobilier was a sham construction company chartered to build the Union Pacific Railroad by financing it with unmarketable bonds. It also provided a mechanism to dispense the immense profits from building the railroad to the board of directors and its shareholders. What was the significance of

Which Advancement Made A Network Of Railroad Lines Possible?

Which Advancement Made A Network Of Railroad Lines Possible? The building of a transcontinental railroad was made possible by the Pacific Railroad Act, which President Lincoln had signed into law in 1862. What led to the growth of huge steel empires after the Civil War? What led to the growth of huge steel empires after