The story of the first trans-continental railroad : $b its projectors, construction, and historyBailey, William Francis
History
The story of the first trans-continental railroad : $b its projectors, construction, and history
Bailey, William Francis
Railroads -- United States -- History; Union Pacific Railroad Company
Out of this grew the building of a rival line between Denver and
Cheyenne wholly under the Union Pacific Railroad's control--locally
known as the Colorado Central Railroad. This line was comprised of the
Colorado Central Railroad, Denver to Golden, sixteen miles. It was
commenced on New Year's Day 1868, being the first railroad in the
state of Colorado. Its extension to Longmont, built in 1871, and the
line Longmont to Cheyenne completed in 1877. This line was some one
hundred and thirty miles against one hundred and six by the Denver
Pacific Railroad, notwithstanding which it was used by the Union
Pacific Railroad as its Denver connection until the adjustment of the
differences between the different interests, which was brought about
by an agreement made June 1st, 1878, by which the Kansas Pacific
Railway and the Denver Pacific Railway were to be operated by the
Union Pacific Company. This was followed by an absolute merger of the
three roads, in January 1880 the new combination being known as the
Union Pacific Railway Company.
CHAPTER XI.
_History of the Line since its completion._
Government Indebtedness--Absorption Other Lines--Receivership--Train
Robbers--Settlement With Government.
Upon the completion of the Union Pacific the rates for both freight
and passengers were fixed at what now seems a very high figure. Thus
passenger fares locally were ten cents per mile. Complaints arising,
the matter was taken up in Congress and steps taken towards the
appointment of a Board of Commissioners who should have authority to
fix rates, both freight and passengers.
The whole question of earnings and expenses of the line was an unknown
quantity and as soon as experience demonstrated what was reasonable
and just, the Company voluntarily adjusted their schedules,--until
today the rates over the line are about on a parity with those charged
by eastern lines through much more thickly settled states.
In 1869 the agitation looking to a bridge across the Missouri River in
place of the slow and often unreliable ferry culminated, and on March
11th of that year the structure was commenced. Three years were
required for the work and the first train crossed on March 11th, 1872.
By an agreement made with the city of Omaha that city was to be made
the eastern terminus regardless of the bridge. This, however, was
upset by the decision of the Supreme Court of the United States
declaring the bridge an integral part of the line and that it
commenced in Iowa not Nebraska.
Public-domain text, read in full here on John Shaqi.
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