History of rail transportation in the United States
Railroads played a large role in the development of the United States from the industrial revolution in the Northeast (1820s–1850s) to the settlement of the West (1850s–1890s). The American railroad mania began with the founding of the first passenger and freight line in the country, the Baltimore and Ohio Railroad, in 1827, and the "Laying of the First Stone" ceremonies and the beginning of its long construction heading westward over the obstacles of the Appalachian Mountains eastern chain in the next year. It flourished with continuous railway building projects for the next 45 years until the financial Panic of 1873, followed by a major economic depression, that bankrupted many companies and temporarily stymied and ended growth.
Railroads not only increased the speed of transport, they also dramatically lowered its cost. For example, the first transcontinental railroad resulted in passengers and freight being able to cross the country in a matter of days instead of months and at one tenth the cost of stagecoach or wagon transport. With economical transportation in the West (which had been referred to as the Great American Desert) now farming, ranching and mining could be done at a profit. As a result, railroads transformed the country, particularly the West (which had few navigable rivers)
Incredibly interesting to read…. Brilliant