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
Geo S George S Patton
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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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