In the first years of Iowa settlement, trade was oriented down the Mississippi River to St. Louis and New Orleans. With the advent of the railroad, Iowa communities began to look East. This story details efforts to raise money for the building of a railroad that would connect with a railroad planned from Peoria to Rock Island.
- This article described another method of funding railroad construction. What was that method? Would you anticipate this method would be more or less successful than others? Why?
- Who were the different entities involved in raising funds for the railroad? Were they public or private?
"The Railroad," The Davenport Gazette, pp. 2, 20 December 1849. Courtesy of Library of Congress