Challenges to build the Central Pacific Railroad

A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors

Part 1 : Colonial and Mercantile America	Part 2 : America in the Gilded Age
Part 3 : America in the Twentieth Century	Encyclopedia 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 »

Challenges to build the Central Pacific Railroad

… At an average cost of 88'000 $ per mile, as estimated by Theodore Judah, it would take over $ 3.5 million to build 40 miles and to receive between 1'216'000 $ and 1'696'000 $ in government bonds, depending on where the base of the Sierra was placed by the agent of president Lincoln. The amount could as well have been $ 100 million for the company and its promoters, which did not dispose of such amounts …

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