 | Mississippi Historical Society - 1901 - 454 pages
...Mississippi." until the crash came in 1837, Mississippi was gridironed with imaginary railroads and bedridden with railroad banks. In these enterprises there was...watered stock sold than there were cross-ties laid ; post-note clippers commanded a premium over good road-beds ; reckless speculation brooked nothing... | |
 | Frederick Albert Cleveland, Fred Wilbur Powell - 1909 - 412 pages
...privileges were conferred on the West Feliciana and Woodville railroad, until the crash came in 1837, Mississippi was gridironed with imaginary railroads...actual construction of railroads, on the successful operation of which it was supposed fabulous dividends would be declared." 3 ' Leland, Ohio railroad,... | |
 | Davis Rich Dewey - 1910 - 410 pages
...privileges were conferred on the West Feliciana and Woodville Railroad, until the crash came in 1837, Mississippi was gridironed with imaginary railroads...which it was supposed fabulous dividends would be declared.' "When the lines from Savannah to Macon and from Augusta to Athens were first projected,... | |
 | Leonard Clinton Helderman - 1925 - 188 pages
...railroad banks were operating and all with a large circulation. "From 1831 until the crash came in 1837, Mississippi was gridironed with imaginary railroads...In these enterprises there was more watered stock issued than cross-ties laid, post-note clippers commanded a premium over good road-feeds, reckless... | |
 | United States. U.S. congress. Senate. Committee on interstate commerce - 1939 - 182 pages
...picture of the results of using banks as agencies of railroad financing. Mississippi was gridlroned with imaginary railroads and beridden with railroad...as prosaic as the actual construction of railroads. A southern editor condemned in this manner the grant of banking powers in Georgia: There is no natural... | |
 | United States. Board of Investigation and Research - 1945 - 1060 pages
...privileges were conferred on the West Feliciana & Woodville Railroad, until the crash came in 1837, Mississippi was gridironed with imaginary railroads...actual construction of railroads, on the successful operation of which it was supposed fabulous dividends would be declared."3 While the total cost to... | |
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From December 20, 1831, when banking privileges were conferred on the West Feliciana and Woodville railroad, until the crash came in 1837, Mississippi was gridironed with imaginary railroads and beridden with railroad banks. In these enterprises there... 