Native Americans

1867 UNION PACIFIC BROADSIDE. 11" x 3 1/2 Union Pacific Railroad Broadside soliciting their First Mortgage Bonds for the transcontinental Railroad. Though not dated, probably mid 1867 , as there is mention of the progress as the 1st of January, 1867, and details the estimated progress to September. Produced on an onion skin like paper, A scarce item regarding the transcontinental RR. Overall Fine condition, some glue streaks in the back and migrating to the front, most noticeably on the left side. (Tr.517); $425.

The Pacific Railroad Act provided subsidy bonds and land grants to help the railroad companies acquire the money they would need. The Pacific Railroad Act of 1862 authorized Union Pacific and the Central Pacific to receive government bonds for every mile of track they laid. The bonds were not a payment to the railroad, but more like a low interest loan. They had to be repaid at maturity, which was in thirty years, at a rate of six percent interest. The bonds were to be issued as follows: $16,000 for every mile of track laid on flatlands, $32,000 for every mile of track laid in the foothills, and $48,000 for each mile of track laid in mountainous terrain. Initially, the bonds were of little help because the companies needed money to pay for the labor and supplies necessary to begin construction. Since the government had no money to pay the railroad companies, they instead gave ten square miles of land for each mile of track that was completed. The land grants were to be distributed in a checkerboard fashion. The intent of the land grants was to give the railroads an asset they could turn into cash to help them finance construction. It soon was apparent that the subsidy bonds and land grants were not enough to finance such a monumental project. Congress passed the Pacific Railroad Act of 1864 with the intent of providing further means whereby the two companies might build capital. The 1864 act doubled the land grants to allow a total of twenty square miles (every other section for twenty miles on each side of the track) for each mile of track laid. The act continued the practice of subsidy bonds, and allowed each company to issue its own bonds to match those of the government, effectively doubling the amount of money that could be raised.

JOINING OF THE RAILS, 1869. The Auburn Democrat, 25" x 17", 4 pp complete. Auburn, New York, Thursday, May 13, 1869. Extensive 1 1/2 column (pg2) report of the "Excercises Attending the Laying of the Last Rail at Promontory, Utah". Contains the speeches of Gov. Stanford, General Dodge, along with the report of the driving the last spike. Good Rag stock, from bound volume w/ accompanying bindings marks, spine mostly separated, overall VG-F cond (Tr.518); $175.

1849 TRANSCONTINENTAL RAILROAD. Proceedings of the Friends of a Rail- Road to San Francisco at their Public Meeting, held in Boston April 19, 1949, showing that P. Degands Plan is the only one , as yet proposed, ...of a railroad to California. 9" x 5 3/4" 24 pp wraps, Dutton and Wentworth, Boston, Printers,1849 sixth edition. Published address of P. Degrand setting forth his plan for a transcontinental railroad. Overall vg condition, string tied wraps (missing back cover) (Tr. 503); $225.

1865 TRANSCONTINENTAL RAILROAD. Central Pacific Railroad. Statement made to the President of the United States and the Secretary of the Interior of the Progress of the Work, Oct 10^th, 1865. Sacramento, H.S. Crocker & Co., 9" x 5 1/2", 12 pp string tied, missing wraps. Report by Leland Stanford, detailing the prosecution of the work, difficulties involved, the Chinese labor, future prospects along with statistics of work and material. Scarce. (Tr.504)$450.

1860 PACIFIC RAILROAD REPORTS AND MAP. Lot of four Pacific Railroad Congressional reports, consisting of 72pp, plus fold out map. String tied wraps, 9 1/2" x 6".
April 13, 1860 Report of Mr. Curtis, from the select committee on the Pacific Railroad, pp 28.
May 9, 1860 Report of Mr. Hamilton Curtis, from the select committee on the Pacific Railroad pp 29-56pp. Laid in , between pp32-32, is the very scarce folded map, 10 1/2" x 16 1/2", of the Practical Rail Road Routes from the Mississippi to the Pacific Ocean .
April 16, 1860 Report of Mr. Aldrich, from the select committee on the Pacific Railroad, pp 57-65.
June 14, 1860 Report of Mr. Curtis, from the select committee on the Pacific Railroad, pp 66-72.

Overall good condition, reports are no longer tied together, some pages have minor edge chipping, back page is soiled and worn. Map is in Good condition. (Tr. 754);$375.

NORTHERN PACIFIC RAILROAD. THE CHARTER AND AMENDMENTS. THE GENERAL MORTGAGE ON RAILROAD AND LAND GRANT, AND COPY OF FIRST MORTGAGE BOND. [Philadelphia. ca. 1870]. 2-29, Self-wrappers. Very good. The articles of incorporation of the famed northwest railroad that would later help build the fortune of railroad magnate James J. Hill. Built too quickly, the Northern Pacific traversed poor land and ran on ill- constructed rails. By 1896, the success of James J. Hill's Great Northern allowed Hill and his associated to buy the Northern Pacific and merge it with the Great Northern. Throughout the remaining industrial revolution and into the early 20th century, the Great Northern was the main transporter of lumber, coal, and taconite loads from their sources to St. Paul and Minneapolis, where they would continue east or be shipped by barge down the Mississippi. (Tr. 528); $175

NORTHERN PACIFIC RR. The Northern Pacific Railroad; Its Route, Resources, Progress and Business. the New Northwest and Its Great Throughfare . Ca 1871, 8vo. 9" x 5-5/8". Printed wrappers, with a map on back. Issued by Jay Cooke & Co., Financial Agents of the Northern Pacific, Philadelphia. Some pencil notations front cover, overall Very Good. (Tr. 529); $195.

In July 1864, President Abraham Lincoln signed an Act of Congress creating the Northern Pacific Railroad Company. This monumental undertaking was envisioned to have its eastern terminus at the western extent of Lake Superior and its western terminus at Puget Sound, with much of its route following that of the Lewis & Clark expedition of 1804-1806. However, financing the new railroad was problematic, and it was not until 1870 that groundbreaking took place near Duluth, MN. The route wasn't completed until over a decade later, with the famed driving of the 'last spike by Ulysses S. Grant on 8 September 1883. This piece, which provides valuable historical data as to the route & conditions of construction, issued in an effort to raise more capital funding via Land Grant Gold Bonds, touted as "...a Profitable and perfectly Safe investment..."