While No One Railroad Can Completely Duplicate

The States Which Form The Northern Border Of The United States Westward From The Great Lakes To The Pacific Coast Include An Area Several Times Larger Than France And Could Contain Ten Englands And Still Have Room To Spare.

Horses And Mules, And Even Sail Cars, Made More Rapid Progress Than Did The Earliest Locomotive.

The Close Relationship Between Railroad Expansion And The Genera Development And Prosperity Of The Country Is Nowhere Brought More Distinctly Into Relief Than In Connection With The Construction Of The Pacific Railroads.

Consequently Many Large Railroad Systems Of Heavy Capitalization Bid Fair To Run Into Difficulties On The First Serious Falling Off In General Business

Yet, In 1850 Nearly All The Railroads In The United States Lay East Of The Mississippi River, And All Of Them, Even When They Were Physically Mere Extensions Of One Another, Were Separately Owned And Separately Managed.