The Pennsylvania Railroad

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Excerpt from The Pennsylvania Railroad: With Remarks on American Railway Construction and ManagementIn order, however, to arrive at a fair estimate of the total cost, it is necessary to take into account the fact that the company, pursuing in this respect an unusual, but, as the Authors submit, a very wise course, long since closed the capital account for the main line, and that, exclusive of ordinary maintenance and repairs, there has been expended, out of revenue, during the years 1855 to 1873 inclusive, upon permanent improvements and works of con struction, including the substitution of iron for wood in bridges, and of steel for iron rails, no less a sum than or per mile, bringing the cost up to per mile of single line. If, in the absence of separate accounts, there be deducted for the branches, 82 miles at the average cost of American rail roads, viz., per mile, the cost of the main line will be found to be about per mile of double line.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.