Slow Train to Paradise: How Dutch Investment Helped Build American Railroads
| Author | : | |
| Rating | : | 4.88 (706 Votes) |
| Asin | : | 0804725179 |
| Format Type | : | paperback |
| Number of Pages | : | 350 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
Perfect read for a Dutchman living in Kansas City Patrick Bakker Being Dutch and living in Kansas City it is a book that made me aware of the Dutch influence in the city, something I never would have imagined. It is an easy book to read, and very interesting if you are a fan of the railroadsor if you are Dutch and living in the USA/Kansas City.. Rosetta Stone Adam Auxier This book was a watershed for me in understanding US railway construction. It allows the reader to understand how fully involved foreign captital has been in the building of our great country. Augustus outlines many interesting railways and their respective construction, including such rarities as the Cairo & St. Louis line, built narrow guage. For anyone with
Though Dutch capitalists initially believed they had discovered a shortcut to El Dorado by buying American railroad securities, it turned out that only long-term investment brought financial paradise within their reach. Introductory chapters survey the Dutch capital market from the late eighteenth century until World War I and extensive appendices provide detailed information on individual Dutch brokers and their financial activities.. This book is a complete history of Dutch investment in American railroads up to World War I, telling in detail not only why the Dutch invested in US railroads, but also in which companies and how much they invested. Railroad historians have long been aware of Dutch investment in the building of American railroads, but how extensive was that investment? This book reveals for the first time that, because of the frequent failure of railroad companies to meet their debt obligations, several railroads were for a time completely in Dutch control
Augustus J. has tapped heretofore unused archival resources in Holland and has effectively incorporated them into his historical narrative.' H. Veenendaal, Jr. Roger Grant, The Historian . ' a valuable contribution to the history of American rail-roading and the related story of foreign investment