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The Pacific Railroad Acts of 1862 were a series of acts of Congress that promoted the construction of a "transcontinental railroad" (the Pacific Railroad) in the United States through authorizing the issuance of government bonds and the grants of land to railroad companies.
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]
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 Pacific Railroad Surveys (1853–1855) ... Congress passed the first of the Pacific Railroad Acts and the major Homestead Act in 1862.
Map of NPR Land Grant, c1890. The 38th United States Congress chartered the Northern Pacific Railway Company on July 2, 1864, with the goals of connecting the Great Lakes with Puget Sound on the northwestern coast of the United States on the Pacific Ocean, opening vast new lands for farming, ranching, lumbering and mining, and linking the Federal territories and later newly admitted to the ...
The beauty of train trips used to be a key selling point. But with the Pacific Surfliner suffering the effects of climate change, safety and reliability may trump the pretty view.
The original "golden spike", on display at the Cantor Arts Museum at Stanford University. The Golden Spike (also known as The Last Spike [1]) is the ceremonial 17.6-karat gold final spike driven by Leland Stanford to join the rails of the first transcontinental railroad across the United States connecting the Central Pacific Railroad from Sacramento and the Union Pacific Railroad from Omaha on ...
Even though those intermodal shipments are less profitable than some of the other goods Union Pacific hauls, the additional imports flowing into the West Coast before and after Canada's major ...