Address to the Voters of the 6th Congressional District of California On the O
Address to the Voters of the 6th Congressional District of California On the O
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50-1), which were in substance as follows : ' ' The Union Pacific Railroad from Omaha to Ogden was constructed under three contracts, known as the ' Hoxie contract, ' the ' Ames con- tract, ' and the 'Davis Contract, ' by which, through the intervention of assignments made by the holders of these contracts to trustees, and through the intervention of a construction company known as the Credit Mobilier of America, profits derived from these contracts were secured to the officers and promoters of... the Union Pacific Railroad itself. The per- sons who received these profits determined the amount thereof by their own votes.
The result of these contracts was as follows : Cost to Railroad Company : Hoxie contract 9 12, 974, 416. 24 Ames contract 57, 140, 102. 94 Davis Contract 23, 431, 768. 10 Total $88, 546, 287. 28 Cost to cnotractors : Hoxie contract * 7, 806, 183. 98 Ames contract 27, 285, 141. 99 Davis contract i.. 15, 629, 63362 $50, 720, 958. 94 $42, 825, 328. 34 To this should be added the amount paid Credit Mobilier, on account of 58 miles S 1, 104, 000.
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To quickly assess the difficulty of the text, read a short excerpt:
50-1), which were in substance as follows : ' ' The Union Pacific Railroad from Omaha to Ogden was constructed under three contracts, known as the ' Hoxie contract, ' the ' Ames con- tract, ' and the 'Davis Contract, ' by which, through the intervention of assignments made by the holders of these contracts to trustees, and through the intervention of a construction company known as the Credit Mobilier of America, profits derived from these contracts were secured to the officers and promoters of... the Union Pacific Railroad itself. The per- sons who received these profits determined the amount thereof by their own votes.
The result of these contracts was as follows : Cost to Railroad Company : Hoxie contract 9 12, 974, 416. 24 Ames contract 57, 140, 102. 94 Davis Contract 23, 431, 768. 10 Total $88, 546, 287. 28 Cost to cnotractors : Hoxie contract * 7, 806, 183. 98 Ames contract 27, 285, 141. 99 Davis contract i.. 15, 629, 63362 $50, 720, 958. 94 $42, 825, 328. 34 To this should be added the amount paid Credit Mobilier, on account of 58 miles S 1, 104, 000.
What to read after Address to the Voters of the 6th Congressional District of California On the O?
You can find similar books in the "Read Also" column, or choose other free books by Geo S George S Patton to read onlineMoreLess
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