About This Book
This work traces the development of a major Pacific Coast railroad from early proposals through construction, financing, land grants, and corporate organization, detailing routes, terminals, and engineering challenges. It examines business and legal episodes including mergers, indebtedness to government, rate-making, local and transcontinental tariffs, competition over water, oil, and timber land litigation, political influence, regulatory responses such as railroad commissions and the Thurman Act, and operating characteristics and traffic associations. The narrative draws on archival records, company reports, court cases, and contemporary testimony to explain managerial decisions, financial crises, and the settlement of claims, concluding with assessments of the system's legal and economic legacy.
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