Engineering Wonders of the World
Volume III
Forfatter: Archibald Williams
År: 1945
Serie: Engineering Wonders of the World
Forlag: Thomas Nelson and Sons
Sted: London, Edinburgh, Dublin and New York
Sider: 407
UDK: 600 eng- gl
With 424 Illustrations, Maps, and Diagrams
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132
ENGINEERING WONDERS OF THE WORLD.
I
LIMITED EXPRESS NEAR GRAND ISLAND.
(Photo, Union Pacific Railway Company.)
So the scheme was launched. But though
men approved with their mouths and on paper,
the needful capital for starting operations was
not forthcoming in adequate quantities. At
last, however, amid the waving of flags and
firing of guns and speechifying, the ground
was broken at Omaha, Nebraska, on Decem-
ber 3, 1863. A commencement had already
been made at the western end by the Central
Pacific Company.
The money available was soon exhausted,
and a long pause ensued. We must not lose
sight of the fact that the United States were
at this time in the throes of the
A Start and yyar jn Eastern
a Halt.
and Southern States fierce
battles were being fought, and money was
being poured out to keep the Northern army
in the field. Little wonder, then, that even
so important an enterprise as this great rail-
road hung fire for lack of funds. But Congress,
having put its hand to the plough, did not
look back. To attract capitalists, it amended
the original charter in 1864, doubling the land
grant. After some months of scraping and
scratching for money, enough
was collected to permit » a Second
second start in 1864. Once Charter.
more the excheque’? became depleted, and the
Government, as a last resort, gave permission
for the organizing of a construction company,
which should finance the undertaking and
have a first mortgage on the property. In
this way the sinews of war were provided.
Be it understood that in the early ’sixties
Omaha was not yet in direct railway com-
munication with the Eastern manufacturing
states, and that as a result supplies had to be
brought round to Omaha by water at great
expense. We are told, too, that the engineer-
ing of the finances by the construction com-
pany—to its own undue profit—was hardly
less wonderful than that required for the
most difficult sections of the track.