Consequently many large railroad systems of heavy capitalization bid fair to run into difficulties on the first serious falling off in general business.
- John Moody Quote

Farmers, merchants, manufacturers, and the traveling public have all had their troubles with the transportation lines, and the difficulties to which these struggles have given rise have produced that problem which is even now apparently far from solution.
- John Moody Quote

Horses and mules, and even sail cars, made more rapid progress than did the earliest locomotive.
- John Moody Quote

In the decade before the Civil War various north and south lines of railway were projected and some of these were assisted by grants of land from the Federal Government.
- John Moody Quote

In the United States three new methods of transportation made their appearance at almost the same time - the steamboat, the canal boat, and the rail car.
- John Moody Quote

People began to understand that with the acquisition of California the nation had obtained practically half a continent, of which the future possibilities were almost unlimited, so far as the development of natural resources and the genera production of wealth were concerned.
- John Moody Quote

The close relationship between railroad expansion and the genera development and prosperity of the country is nowhere brought more distinctly into relief than in connection with the construction of the Pacific railroads.
- John Moody Quote

The construction of extensive railways, however, and particularly the consolidation of small, experimental lines into large systems, dates from the days of the discovery of gold in California.
- John Moody Quote

The financial history of the Baltimore and Ohio since the close of the nineteenth century is interesting chiefly in connection with changes in the control of the property.
- John Moody Quote

The history of the Erie Railroad ever since 1901 has been a record of progress.
- John Moody Quote

The public conviction that a railroad linking the West and the East was an absolute necessity became so pronounced after the gold discoveries of '49 that Congress passed an act in 1853 providing for a survey of several lines from the Mississippi to the Pacific.
- John Moody Quote

The railroad originally was as completely dissociated from steam propulsion as was the ship.
- John Moody Quote

The States which form the northern border of the United States westward from the Great Lakes to the Pacific coast include an area several times larger than France and could contain ten Englands and still have room to spare.
- John Moody Quote

When the scheme for the construction of a railroad from Baltimore to the waters of the Ohio River first began to take form, the United States had barely emerged from the Revolutionary period.
- John Moody Quote

While no one railroad can completely duplicate another line, two or more may compete at particular points.
- John Moody Quote

With the reorganization of 1898 finished, the Baltimore and Ohio Railroad entered a new period in its history.
- John Moody Quote