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Image from web page 645 of “commercial history of the usa, from the earliest settlements to the present time: becoming a complete study of United states companies, adopting agriculture and horticulture; such as the cultivation of cotton fiber, cigarette, grain
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Identifier: industrialhistor00boll
Title: Industrial reputation for the United States, through the first settlements to the present time: being an entire study of American sectors, embracing agriculture and horticulture; including the cultivation of cotton, cigarette, wheat; the raising of ponies, neat-cattle, etc.; all of the important manufactures, shipping and fisheries, railroads, mines and mining, and oil; additionally a brief history of coal-miners while the Molly Maguires; banking institutions, insurance coverage, and commerce; trade-unions, attacks, and eight-hour action; with a description of Canadian companies
12 Months: 1878 (1870s)
Authors: Bolles, Albert Sidney, 1846-1939
Subjects: Industries Industries
Publisher: Norwich, Conn. : The Henry Bill pub. Business
Contributing Library: Harold B. Lee Library
Digitizing Sponsor: Brigham Teenage University

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y. The difficulty of thelocomotive had been resolved in 1834 by 44 The Lancasterof Mr. Baldwins make, and Pennsylvania resolved to look at that sort of motive-power for her railroad to Columbia. But eventhen there have been several things about an engine perhaps not grasped; and constantexperiment and spending of money must be resorted to before the requi-site understanding ended up being gotten. To facilitate the building of railroads, the States in the beginning extended 630 INDUSTRIAL BACKGROUND towards companies building them direct aid either from community treasury, orGranting of by financing of the general public credit. There was clearly a generous radiance ofpublic aid. curiosity about all of them when you look at the general public mind. The patriots never ever gatheredfor a Fourth-of-July occasion or a public dinner without drinking a heartytoast to interior improvements. The papers were packed with rhapsodies upon themarch for the brand new concept; and orators in public assemblages, plus the capitolsof the state and country, felt that they had well-earned the public appreciation

Text Appearing After Image:
INSIDE OF SLEEPING-CAR. by the ardor of their advocacy of railroads, canals, and army roadways.Such becoming the state for the general public brain, every railway enterprise sensibly con-ceived and prudently conducted discovered it easy to acquire State aid to suchreasonable amount since would enable its promoters to perform their particular work.Maryland had been initial condition in the country to grant legislative help to railroads.In 1828 the sum of 0,000 had been granted into Baltimore and Ohio range;and in 1835 the State subscribed ,000,000 towards the stock associated with the business,and the city of Baltimore ,000,000 much more. Massachusetts loaned ,000,000 ASSOCIATED WITH US. 631 to your Boston and Albany line. Nyc then followed this lady example by loaningsmall amounts into various organizations building the string of roadways out to LakeErie, — a step that your panic of 1837 made required partly, since it dis-couraged the investment of private capital. Pennsylvania moved so far as tobuild the woman very first rail-route from Philadelphia to Colu

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