Railroads -- United States; Railroads -- United States -- Finance
On December 1, 1831, the first train was run over the line, then 72½
miles in length.[3] The early history of the road does not much concern
us. It was one of steady growth, not through an unsettled territory,
as with our Western roads, but through a country the industries of
which were already established. Tracks led, not into prairies, but
to populous cities; and the future of the company, once the initial
difficulties should have been overcome, was at no time uncertain. Thus
extension to Cumberland increased the gross receipts from $426,492
to $575,235, and that to Wheeling in 1853 likewise brought a great
increase in traffic.
The Civil War bore upon the Baltimore & Ohio heavily because of the
peculiar location of its mileage. On May 28, 1861, possession was
taken by the Confederates of more than one hundred miles of the main
stem, embracing chiefly the region between the Point of Rocks and
Cumberland.[4] Government protection was temporarily restored in 1862,
but raids occurred until the end of the war. Each time the Confederates
occupied the line they tore it up, and as soon as they retired the
company hastened to make repairs. The road did not default. A portion
of the track yielded a revenue from first to last, and presumably the
Government paid generously for the transportation of its troops.
It was after the Civil War that the real history of the road began. The
key-note was competition;—competition of the fiercest sort between
parallel lines from Chicago to the seaboard, intensified by the rivalry
of the great seaboard cities, and involving traffic in both directions.
The decade 1850–60 had seen the extension of Eastern roads to Western
connections. In 1851 the Erie had reached Lake Erie; in 1853 the New
York Central and Lake Shore, and in 1855 the Pennsylvania and Fort
Wayne had opened continuous routes from the Atlantic to Chicago. In
1857 the Baltimore & Ohio had obtained connection with Cincinnati
and St. Louis; and in 1858 the Grand Trunk had arrived at Sarnia on
its way from Portland to Chicago. After the Civil War there was both
consolidation and extension. The New York Central was united with the
Hudson River, and the Pennsylvania leased the Pittsburgh, Fort Wayne
& Chicago in 1869. The Baltimore & Ohio reached Chicago in 1874, and
the lines which in April, 1880, were consolidated into the Chicago &
Grand Trunk were completed between Port Huron and Chicago in February
of that year. The completion of these through routes opened the way for
very bitter competition. Five independent lines struggled for Chicago
business, and all of them were prepared to cut rates deeply in order
to test their rivals’ strength. In particular the Baltimore & Ohio was
aggressive. “At the time of its [Chicago branch] opening,” said Mr.
Blanchard before the Hepburn Committee, “it was heralded all over the
Northwest as a ‘Relief for the Farmer,’ ‘the Grangers’ Friend,’ and all
other sorts of headlines were put into the Chicago and Northwestern
Public-domain text, read in full here on John Shaqi.
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