Union Pacific's Struggles
The Union Pacific's ambitious journey begins with a government-backed plan, yet struggles to attract investors as only 68 of 163 commissioners attend the initial meeting in Chicago. Despite the promise of land grants and bonds, the sale of stock is dismal, with just 150 shares sold by March 1863. This raises questions about the viability of building a transcontinental railroad amidst a hesitant investment climate.In this clip
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History That Doesn't Suck
84: Transcontinental Railroad (pt 2): Dr. Thomas Durant, The Union Pacific & “Hell on Wheels”
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