The Railroad Companies of Pacific Union and Central Pacific Were

Essay

The railroad companies of Pacific Union and Central Pacific were both built with massive government subsidies often on a per-mile basic in the late 19^th century, which created railroad monopolies. Both failed soon after completion of their lines. The Great Northern railroad took much longer to build since it was completed without government subsidies. It turned out to be much more successful than either Pacific Union or Central Pacific. What could account for this apparent disparity?