Yet, In 1850 Nearly All The Railroads

While No One Railroad Can Completely Duplicate Another Line, Two Or More May Compete At Particular Points

Farmers, Merchants, Manufacturers, And The Traveling Public Have All Had Their Troubles With The Transportation Lines, And The Difficulties To Which These Struggles Have Given Rise Have Produced That Problem Which Is Even Now Apparently Far From Solution.

In The Decade Before The Civil War Various North And South Lines Of Railway Were Projected And Some Of These Were Assisted By Grants Of Land From The Federal Government

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.

The Financial History Of The Baltimore And Ohio Since The Close Of The Nineteenth Century Is Interesting Chiefly In Connection With Changes In The Control Of The Property