Publisher's Synopsis
Excerpt from The Pacific Railroads, and the Relations Existing Between Them and the Government of the United States
I have had no stock in the Company since my resignation as President ten years ago; nor have I been concerned in any way with its transactions, or any outside movements relating to it. But I regard it as one of the great enterprises of the age, the rapid accomplishment of which caused more astonishment in other countries than anything we have achieved, and as a larger con tributor to our growth and prosperity than any one other cause. I do not doubt that it will continue to be so, whatever combinations may be formed by speculators in Wall Street to enhance or depress the market value of its stock.
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