American Pageant. Essay

Over time, there have been umpteen contrasting modifications to facilitate transportation and the economy. The transcontinental railway is one factor that introduced the American indusrty. This immense industry turned into an level(p) greater logical argument and touched from coast to coast. Because of the railroads, urbanization and industrialization grew although the corruptions with scandals came as well. The race was in a time of further even higher from starting in 1865. Before the railroads, the population was lots(prenominal) illogical nigh farming areas. As the railroads grew, urbanization besides grow and began gathering around the railroads.Because the g overnment gave a significant sum up of bestow grants, the railroad companies, which were able to admit alternative mile-square sections, had much land that they did non use to build their railroads. President Grover Cleveland gave the unwanted portions for land settlement in 1887. Although this was seen as the giveaway of land, the government ended up benefiting with long-term preferential rates for postal service and military traffic the railroad corporations could also sell the land at an average of three dollars an acre.With impudent railroads in placed, people locomoted beside them and brought in business for the railroads and towns which gave the railroads another source of profit. Immigration also started uprising, with the Chinese and Irish working on the railroads. As the railroads travelled across the agricultural, it gave the province a way to get products or people across the country. Food and materials traveled to all from farms to towns and cities. People found it easier to move across the country urbanization grew throughout the whole country rather than beingness scattered among the farms.The railroads were built because of industrialization and expanded it even further. As the railroad intercommunicate snaked around the country, the economic growth did as wel l. The locomotives touched coast to coast crack what each(prenominal) side of the country had for the other. The air jacket had more than wealthy resources and the east had galore(postnominal) workers. Raw materials traveled back and onwards as so did the finished goods afterwards, much(prenominal) as steel for the generation of more railroads. The coupled States soon became the largest integrated topic market in the world.As the railroads grew there was more take for raw supplies from different separate of the country. The steel and wood for the railroads impacted greatly the forestry and mining industry while the char industry also grew to power the trains young factories and industries were built and powered to load more onto the current railroads. Millionaires greatly benefited from this, such as Cornelius Vanderbilt who was one of the most profitable amongst the new aristocracy. As the railroads expanded, so did industrialization, which made the United States econ omy one of the best that it has had over history.Although the effects of the railroads were mostly positive, there was the damaging aspect of corruption and scandals came as well. recounting commissioned the Union Pacific Railroad, which the gild received huge sums of money and land to build tracks. What the government did not know was that the corporation had frauds which were known as the mention Mobilier insiders from the construction company had reaped twenty-three jillion dollars in profits. Jay Gould was many of those who also put to death many robberies. For nearly thirty eld he gained money from the stocks of Erie, the Kansas Pacific, and the Texas and Pacific.One of the many different ways these million-dollar-thieves manipulated was stock watering. primarily coming from the definition of bloating up a cow to sell for more, the stock promoters were doing this simply with the economy and stocks. The railroad stock promoters rarified their claims about a given rai lroads assets and profitability and sold stocks and bonds much higher than the railroads true value. Railroad managers where therefore forced to sprout much higher and compete against each other in order to generate the exaggerated financial obligations. In the middle of all the scandal, the Vanderbilts were involved as well.As many railroaders, they had to fight and bribe for rights. As long as there were railroads, and with their many positive effects, there was also corruption, competition, and scandal. The twist of the transcontinental railroads changed the American economy immensely. It has changed the dry land as a whole and spurred with a new way of supply and demand traveling all over the country. The new web of steel brought up urbanization, industrialization and corruption with scandals as well. The transcontinental railroads brought the country together with a new traffic pattern of economy.