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Westward Expansion IV - Mr. Gigliotti's United States History

VIEWS: 16 PAGES: 17

									JAMES GADSDEN
  SOUTHERNERS
    WANT TO
     BUILD A
TRASCONTINENTAL
   RAILROAD IN
    THE SOUTH
                  LAND GOES AROUND
1853 AMERICANS
                    THE MOUNTAINS
PAY $10 MILLION
  JOSEPH SMITH
        KILLED


         BRIGHAM YOUNG

 PERSECUTED RELIGION –
   MOVED MANY TIMES
  15,000 SETTLE NEAR
GREAT SALT LAKE IN UTAH
SUTTER’S MILL
JAMES MARSHALL

GOLD FEVER!

   ’49 ERS –
80,000 PEOPLE
   MOVE TO
 CALIFORNIA

                 MINING GOLD
(BRIEF EXPLANATION)
 AFTER GOLD RUSH
  CALIFORNIA IS
LAWLESS ASKS TO BE
 ADMITTED AS FREE
      STATE
GREAT DEBATE IN CONGRESS
CALIFORNIA BECOMES A STATE WITH
       OTHER AGREEMENTS
SILVER STIKE IN
   NEVADA!




          LARGEST SILVER
         STRIKE IN HISTORY
   LINKED CALIFORNIA WITH THE EAST
US MAIL 3 WEEKS – PONY EXPRESS 10 DAYS
  STATIONS 25 MILES APART – EACH RIDER
75 MILES A DAY – 100 STATIONS – 50 RIDERS
 -500 HORSES – LIGHT PACKAGES - SADDLE
                PUT OUT OF
                  BUSINESS
               BY TELEGRAPH
SAMUEL F.B. MORSE




                           “TALKING WIRE”
                    CONNECTED CALIFORNIA
                           IN 1861
                    “IRON HORSES”
                     TRACKS IN EAST
                      STARTING 1800




CALL FOR A RAILROAD TO CALIFORNIA
   IN 1850 – DEBATE IN CONGRESS
                  CRAZY JUDAH




UNION PACIFIC &
CENTRAL PACIFIC
CHINESE     NATIVE
WORKERS    AMERICANS
DANGERS   LAYING TRACK
PROMONTARY POINT




                   MAY 10, 1869
                    GOLDEN
                     SPIKE!
          STOCK HOLDERS IN
            UNION PACIFIC


 MORE MONEY CAN BE MADE IN BUILDING
   THE RAILROAD THAN OPERATING IT
   BUY PENNSYLVANIA FISCAL AGENCY –
CREDIT MOBILIER = CONSTRUCTION COMPANY
UNION PACIFIC & CREDIT MOBILIER COMBINE
STOC K MAKES THEM 1 COMPANY – 2 NAMES
GOVERNMENT WILL PAY CONSTRUCTION
 COMPANY WITH FREE LAND & MONEY
       PER MILE OF TRACK




UNION PACIFIC HIRES CREDIT MOBILIER
 TO BUILD RAILROAD – HIRES ITSELF!
667 MILES OF TRACK =
     $44 MILLION
CHARGED $94 MILLION



               SELLS OFF GOVERNMENT LAND
                 CONGRESS GETS SUSPICIOUS
                 OAKS GIVES MEMBERS OF
                CONGRESS SHARES OF STOCK
                   IN CREDIT MOBILIER
         NO RISK - STOCK GOES
         UP OVER 500% (’67/’68)
         $33 MILLION IN PROFIT
  1872 “NEW YORK SUN” REPORTS
STORY MANY RESIGN – VP - OTHERS

								
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