railroads

9
RAILROADS

Upload: zhen

Post on 22-Feb-2016

26 views

Category:

Documents


0 download

DESCRIPTION

Railroads. Pacific Railway Act transcontinental Railroad. Union Pacific. Central Pacific. Leland Stanford Hired workers from China Paid $ 1/day 688 miles of track. Greenville Dodge Civil War Vets Ex-convicts Cooks Adventurers Irish Immigrants 1086 miles of track. Helped the economy. - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: Railroads

RAILROADS

Page 2: Railroads

PACIFIC RAILWAY ACTTRANSCONTINENTAL RAILROADUnion PacificGreenville DodgeCivil War VetsEx-convictsCooksAdventurers Irish Immigrants1086 miles of track

Central PacificLeland StanfordHired workers from ChinaPaid $1/day

688 miles of track

Page 3: Railroads

HELPED THE ECONOMYStimulated the economyPeople spent money on steel, coal, timber, and other materials

Page 4: Railroads

CORNELIUS VANDERBILTMerged 3 small New York railroads to form New York Central

1871 started building Grand Central Station

1st direct line from NYC to Chicago

Page 5: Railroads

TIME ZONES4 times zones

Eastern Central Mountain Pacific

Federal Government ratified in 1918Created to avoid railroad accidents

Page 6: Railroads

ROBBER BARONS People who loot an industry and give nothing back Land Grants

Railroads sold land to settlers, real estate companies, and other businesses to raise money to build the railroads

Railroad companies were given 120 million acres of public land

Page 7: Railroads

JAY GOULD

Corrupt Railroad owner

Page 8: Railroads

CREDIT MOBILER SCANDALConstruction companies set up several stockholders of the Union Pacific Railroad

Sold contracts to themselves and the railroad paid

Millions were made by the investorsCongress was sold shares of stock

Page 9: Railroads

JAMES J. HILL Built the Great Northern Railroad Offered low fares to people that

lived along route Sent supplies to the west that

would go to Asia Supplies went both ways Only Railroad to not go bankrupt