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Union PacificThe Reconfiguration: America's Greatest Railroad from 1969 to the Present$
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Maury Klein

Print publication date: 2011

Print ISBN-13: 9780195369892

Published to Oxford Scholarship Online: March 2015

DOI: 10.1093/acprof:osobl/9780195369892.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 27 September 2021

The Celebration

The Celebration

Chapter:
(p.5) Prologue The Celebration
Source:
Union Pacific
Author(s):

Maury Klein

Publisher:
Oxford University Press
DOI:10.1093/acprof:osobl/9780195369892.003.0002

This prologue recounts the merger of the Union Pacific Railroad and Central Pacific Railroad on May 10, 1869, a historic union that would allow Americans to travel from one end of the continent to the other by rail. By directly connecting the distant West Coast to the rest of the United States, the new entity brought a new era of progress and created the great national myth of the Golden Spike. The Union Pacific Railroad sank into bankruptcy in 1893 and languished in receivership for five years until the arrival of E. H. Harriman, who transformed Union Pacific into the strongest and most efficient railroad in the West.

Keywords:   merger, Central Pacific Railroad, West Coast, United States, Golden Spike, Union Pacific Railroad, bankruptcy, receivership, E. H. Harriman

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