Kirkman, Marshall Monroe, 1842-1921 · New York, Chicago, The World Railway Publishing Company · leaf 42
pacity of the ven- ture, but everything offered was quickly taken. The result was as might have been expected, a great financial crash, which for the moment par- alyzed ventures of all kinds, good and bad. After- ward, when confidence was restored, progress was carried on along more conservative… … First Truck Engine, "Brother Jonathan." Mohawk & Hudson Railroad. 1832. manufacturers of locomotives sprang up out of all proportion to the needs of the time. How- ever, the hardship which befell these ventures was not so disastrous nor far-reaching as in the case of railroads, where thousands of…
Railroads · Transportation
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