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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.

Oh, the Irish were building the railroads down through Mexico, through Chihuahua. They finished the railroads when they finished out in the West Coast, and they went down and put the trains into Mexico.

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.

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 railroad originally was as completely dissociated from steam propulsion as was the ship.

The dissolution of the trade unions was in the air then.

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.

I bought a railroad during this period of time.

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.