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A Classification of American Wealth |
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| Part II-Chapter 8 : Railroad Barons > Central Pacific Railroad : « Previous 1-2-3-4-5-6-7-8-9-10-11-12-13- 14 -15 Next » |
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Alleged
profits from the Central Pacific Railroad the Brannan Lambetr
… A factor, which makes an estimation of the Central Pacific promoters' profits difficult, is their further implication in other railroad ventures, notably the Southern Pacific, which on top was handled through the same vehicle, the Contract & Finance Company later renamed Western Development Company.. To come to an estimate anyway, we will start with the known facts from internal transactions between the partners and the Credit & Finance Co …
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