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"One of the four great intercontinental railroads was built entirely without government grants or subsidies. If I recall correctly, it also lasted the longest."
by anewaccountname 18y ago
"One of the four great intercontinental railroads was built entirely without government grants or subsidies. If I recall correctly, it also lasted the longest."
Which one? From what I've read they all got the government to make eminent domain seizures for them (so even if this one railroad paid for the land it got, it still had a government subsidy in the form of a strongarm).
- Prrometheus 18y agoThe Great Northern Railway, built by James J. Hill, a great visionary and businessman: http://en.wikipedia.org/wiki/Great_Northern_Railway_ http://en.wikipedia.org/wiki/Great_Northern_Railway_(U.S.) http://en.wikipedia.org/wiki/James_J._Hill http://en.wikipedia.org/wiki/James_J._Hill
- anewaccountname 18y agoI don't know if a railroad funded by a railroad tycoon's other subsidized railroads counts as not being subsidized itself =P.