Quotes About Union Pacific

Important New York banks realized that because bankers had hypothecated the Central Pacific's securities repeatedly, they were effectively worthless as collateral. It was better to strike a deal with the Central Pacific; otherwise the chain of debt would choke even more banks. Jay Gould scavenged the Union Pacific, saving it from bankruptcy and setting up what would eventually become one of his biggest financial killings.43

I worked for Union Pacific. I started out as a conductor at an intermodal switching facility outside of Salt Lake City. We'd pull in trains from all over the country, break them apart, consolidate the freight, and build other trains. It was great until I screwed up and took a management position. Then it became no fun very quickly.

My father had been a copper miner, uncles and grandfathers worked in the mines for the Union Pacific. So to me, sitting at a desk all day was not only a privilege but a duty: something I owed to all those people in my life, living and dead, who'd had so much more to say than anyone ever got to hear.

On July 1, 1862, Lincoln signed the Pacific Railway Act, authorizing a government program to enable the Union Pacific Railroad to build west from the Missouri River and the Central Pacific Railroad to build east from Sacramento to create the first transcontinental railroad.