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The $64,000 question: How much did it cost; in dollars and land grants, to build the first transcontinental railroad?

April 26, 2017build COST Dollars Grants land railroad Transcontinental

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The $64,000 question: How much did it cost; in dollars and land grants, to build the first transcontinental railroad?

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It was not in the railroads’ interests to retain all the financial information relating to profitability (although many records are available), and the market value of railroad bonds and lands varied greatly, so accurate answers are not possible: