The beginning of the New York Central may be traced to a charter granted in 1826 to the Mohawk & Hudson Company, which with five or six other small lines was joined together into that company. Its first locomotive, the _De Witt Clinton_, had a rather interesting initiation. The engine was constructed by the West Point foundry, the same concern that had built the _Best Friend_ and the _West Point_. A demonstration was announced for August 9, 1831, the road having 17 miles of rails at that time. The locomotive, a small affair compared with the modern engines, is still in existence and with its train of that day was exhibited at the Pageant of Progress, Chicago, July 30, 1921, as the “pioneer American steam passenger train.” The whole engine was only about 12 feet long with large wheels, tall smoke stack and a central steam dome. Back of it were the tender and wood for fuel and two barrels of water, two passenger coaches modeled after stage coaches, and following these several small flat cars to which had been attached temporary benches for seats. The locomotive and cars were joined together with short sections of strong chain. When the engine started these jerked so badly the passengers could not retain their seats; stopping had a similar effect. On the trip it is said the passengers appropriated rails from a near fence and made braces to keep the cars the full length of the chains apart. The wood fuel produced many sparks which flying backward set fire to and ruined much of the passengers’ clothing. But according to a newspaper report[94] the train “passed over the road from plane to plane, to the delight of a large crowd assembled to witness the performance. The engine performed the entire route in less than one hour, including stoppages, and on a part of the road its speed was at the rate of 30 miles an hour.” On May 10, 1893, Engine No. 999, of the New York Central Railroad, made, traveling alone, a record of 112.5 miles an hour. The Camden & Amboy road was chartered in 1830 and was somewhat unique in that New Jersey in return for $200,000 worth of stock had granted a monopoly of the right of way between Philadelphia and Newark. Poore says:[95] “The state became a willing party to the scheme, under the idea that it could thereby draw the means for supporting its government from citizens of other States, thus relieving its own from the burdens of taxation.” He says, “the state now (1860) derives a revenue of over $200,000 annually from transit duties and dividends on the stock presented to it.”