Hoxie Contract Miles Omaha to 100th Meridian 247 $12,974,416.24 Ames Contract 100th Meridian West 667 57,140,102.94 Davis Contract To point five miles west of Ogden 125 23,431,768.10 ______________ 1039 $93,546,287.28 These figures represent stocks and bonds at par and deducting amount of depreciation, would bring the actual cost of the Main Line Omaha to Ogden to about seventy-three million dollars. There were issued in payment for this construction, equipment, station building, and the expense of the Company during the construction period. Government Bonds $ 27,236,512.00 First Mortgage Bonds 27,213,000.00 Income Bonds 9,355,000.00 Land Grant Bonds 9,224,000.00 Union Pacific Stock 36,000,000.00 _______________ $109,028,512.00 There were granted to the Union Pacific Railroad Company under its Charter land grants of eleven million three hundred and nine thousand eight hundred and forty-four acres. Up to December 31st, 1866, sales of this land had brought in nineteen million ninety thousand six hundred and seventy-two dollars and forty-two cents and unsold land was then valued at two million three hundred and ninety five thousand five hundred and seven dollars. During the palmy days of the Credit Mobilier following the adjustment of the differences with the Durant faction, thousands of dollars were spent in advertising and placing the stock. Display advertisements were inserted in all the prominent newspapers and paid agents located in all the important cities. The result demonstrated the wisdom of the expenses, as not only were large quantities of its stock sold but the prices obtained for it were greatly advanced. No sooner was the completion of the road assured than did antagonism and hostility appear. For instance in 1867 a government inspector appointed for the purpose of examining and accepting completed sections of the road, refused to do so, until he received "his fee" (?) which he put at twenty-five thousand dollars, he being in no way entitled to anything from the Company. By his refusal he tied up the issue of the Government bonds, seriously affecting the credit of the Company at a critical time. In Washington the lobbyists were demanding blackmail with threats of organized hostility. Speculators in Well Street were a unit in bearing the stock and in attacking the credit of the Company.