Traces the first thirty years of the Union Pacific Railroad, one of the oldest still in operation in the U.S
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This purports to be the definitive history of the first three decades of a major western railroad, Union Pacific, which in its time was also one of the nation's biggest business enterprises. Using the company's archives and other original records enables Klein to tell the story from the inside. His central thesis is that lack of strong leadership and internal bickering weakened the railroad's financial, organizational, and political capabilities to operate profitably, ultimately forcing Union Pacific into receivership in 1893. Railroad buffs will, no doubt, savor every morsel, but general readers will probably be surfeited long before the end of this very rich feast of information and commentary. Recommended for subject collections. Harry Frumerman, formerly with Economics Dept., Hunter Coll., CUNY
Copyright 1987 Reed Business Information, Inc.
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