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The Official "Date of Completion" of the Transcontinental Railroad under the Provisions of the Pacific Railroad Act of 1862, et seq., as Established by the Supreme Court of the United States to be November 6, 1869. (99 U.S. 402) 1879 Central Pacific Railroad Photographic History Museum
The Pacific Railroad Surveys (1853–1855) were a series of explorations of the American West designed to find and document possible routes for a transcontinental railroad across North America. The expeditions included surveyors, scientists, and artists and resulted in an immense body of data covering at least 400,000 square miles (1,000,000 km ...
The first of the Pacific Railroad Acts is signed into law by President Lincoln, authorizing the issuance of land grants, government bonds, and rights-of-way to two newly incorporated railroad companies, Union Pacific and Central Pacific, for the purpose of constructing the western half of the nation's first transcontinental railroad.
America's first transcontinental railroad (known originally as the "Pacific Railroad" and later as the "Overland Route") was a 1,911-mile (3,075 km) continuous railroad line built between 1863 and 1869 that connected the existing eastern U.S. rail network at Council Bluffs, Iowa, with the Pacific coast at the Oakland Long Wharf on San Francisco Bay. [1]
The Northern Pacific Railway (NP) was a transcontinental railroad that operated across the northern tier of the western states, from Minnesota to the Pacific Northwest. It was approved by Congress in 1864 and given nearly 40 million acres (62,000 sq mi; 160,000 km2) of land grants, which it used to raise money in Europe for construction.
The Northeast Rail Service Act of 1981 authorized additional deregulation of northeast railroads. [87] Among other things, these laws reduced the role of the ICC in regulating the railroads and allowed the carriers to discontinue unprofitable routes. More railroad companies merged and consolidated their lines in order to remain successful.
Construction of the road was financed primarily by 30-year, 6% U.S. government bonds authorized by Sec. 5 of the Pacific Railroad Act of 1862.They were issued at the rate of $16,000 ($265,000 in 2017 dollars) per mile of tracked grade completed east of the designated base of the Sierra Nevada range near Roseville, CA where California state geologist Josiah Whitney had determined were the ...
The committee was made a standing committee on December 22, 1863 [1] during the 38th United States Congress to oversee matters related to construction of the railroad. After construction was completed in 1869, the committee decreased in relevance and in 1873 when it was replaced by the Committee on Railroads .