The Union Pacific Railroad: A Case in Premature Enterprise

1st Sess 2d Sess 31st Cong 33d Cong 35th Cong 80 mile strip ९९ American Ames contract amount assumption average build the road built charges company's Congress Congressional contractors Credit Mobilier Davis contracts dollars of 1869 earnings economic estimate Evans pass face value firm first-mortgage bonds funds Globe government bonds government directors Gwin bill Hoxie contract Ibid income bonds increase in national interest investment investors issue justifiable land land-grant bonds LINE loan marginal utility market rate ment million dollars mixed enterprise North American Review Oakes Ames Oliver Ames Pacific road payment period Poland premature enterprise present value private enterprise profit promoters proposals purchase R. R. Jour rate of return Repts risk route securities Senator Simon Kuznets social rate stockholders U. S. Congress Union Pacific Railroad Union Pacific Railway Union Pacific stock Union Pacific's United unpaid benefits VIII Whitney plan Wilson committee York