John Moody Quotes
Great men are usually the products of their times and one of the men developed by these times takes rank with the greatest railroad leaders in history.
In the United States three new methods of transportation made their appearance at almost the same time - the steamboat, the canal boat, and the rail car
The railroad originally was as completely dissociated from steam propulsion as was the ship
While no one railroad can completely duplicate another line, two or more may compete at particular points
Horses and mules, and even sail cars, made more rapid progress than did the earliest locomotive.
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
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
When the scheme for the construction of a railroad from Baltimore to the waters of the Ohio River first began to take form, the United States had barely emerged from the Revolutionary period
Many of the railroad evils were inherent in the situation; they were explained by the fact that both managers and public were dealing with a new agency whose laws they did not completely understand
As the contest proceeded, public interest increased and the entire country watched to see which company would win the big government subsidies through the mountains.
Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business
With the reorganization of 1898 finished, the Baltimore and Ohio Railroad entered a new period in its history.
The construction of extensive railways, however, and particularly the consolidation of small, experimental lines into large systems, dates from the days of the discovery of gold in California
Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business.
