. Railway age . datlon and enlargement of the units of management Intransportation by land and by sea. Single steamship companiesregularly circiimnaglvate the globe. This has been far eclipsed bjrthe actual laltor and capital Involved in the operations of rallroadawhich have performed the greater work of crossing an entire con-tinent and establishing subsidiary steamship lines. Coanectlng rail-road lines have been brought closer by through frefght the leases of long term, 99 or 999 years, and by outright pur-chase. Great trunk routes have thus been established, branchesbuilt, sub
. Railway age . datlon and enlargement of the units of management Intransportation by land and by sea. Single steamship companiesregularly circiimnaglvate the globe. This has been far eclipsed bjrthe actual laltor and capital Involved in the operations of rallroadawhich have performed the greater work of crossing an entire con-tinent and establishing subsidiary steamship lines. Coanectlng rail-road lines have been brought closer by through frefght the leases of long term, 99 or 999 years, and by outright pur-chase. Great trunk routes have thus been established, branchesbuilt, subsidiary industries eBtabllshed, rival trunk lines boughtentirely or controlled by majority stock purchase, or by communityof Interest in which the same men are on several boards of man-agers 80 that mutual agreements prevail. When the railroad was first introduced, people tbou^t of thevarious roads as connecUoos between certain towns, which was In-deed their only early goal. During the past 70 years we have seen. Principal Services of tlie Hamburg-American Pacl equalized. The strife for regular freights has another phiusein the terminal connections which can Ix made hy tlie company. ItIs again rorliinatc, if .some oilier company will iirom
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Keywords: ., bookcentury1800, bookdecade1870, bookidrailwayage44, bookyear1870
