With The Reorganization Of 1898 Finished, The

Farmers, Merchants, Manufacturers, And The Traveling Public Have All Had Their Troubles With The Transportation Lines, And The Difficulties To Which These Struggles Have Given Rise Have Produced That Problem Which Is Even Now Apparently Far From Solution.

The Close Relationship Between Railroad Expansion And The Genera Development And Prosperity Of The Country Is Nowhere Brought More Distinctly Into Relief Than In Connection With The Construction Of The Pacific Railroads.

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.

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