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Lake Superior And Mississippi Railroad
The Lake Superior and Mississippi Railroad is the name for two different railroads in Minnesota. Historic railroad The Lake Superior and Mississippi Railroad (LS&M) was the first rail link between the Twin Cities and Duluth and came into existence in 1863 when financier Jay Cooke selected Duluth as the northern end of a new railroad. Lyman Dayton, a local businessman put up $10,000 of his own money to do the original surveying work and served as the railroad's president until his death in 1865. Dayton was succeeded as president by Frank Hamilton Clark, a Philadelphia banker whose family firm gave Cooke his start in the financial industry. The LS&M was completed in 1870, running through the city of Carlton and running along the path of the Saint Louis River to Duluth. Later that year the first passenger trains started running between the Twin Cities and Duluth. The LS&M was a victim of the Panic of 1873, as Jay Cooke's company was overextended and burdened with financial commit ...
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Minnesota
Minnesota () is a state in the upper midwestern region of the United States. It is the 12th largest U.S. state in area and the 22nd most populous, with over 5.75 million residents. Minnesota is home to western prairies, now given over to intensive agriculture; deciduous forests in the southeast, now partially cleared, farmed, and settled; and the less populated North Woods, used for mining, forestry, and recreation. Roughly a third of the state is covered in forests, and it is known as the "Land of 10,000 Lakes" for having over 14,000 bodies of fresh water of at least ten acres. More than 60% of Minnesotans live in the Minneapolis–Saint Paul metropolitan area, known as the "Twin Cities", the state's main political, economic, and cultural hub. With a population of about 3.7 million, the Twin Cities is the 16th largest metropolitan area in the U.S. Other minor metropolitan and micropolitan statistical areas in the state include Duluth, Mankato, Moorhead, Rochest ...
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Duluth, Minnesota
, settlement_type = City , nicknames = Twin Ports (with Superior, Wisconsin, Superior), Zenith City , motto = , image_skyline = , image_caption = Clockwise from top: Downtown Duluth, urban Duluth skyline; Minnesota Point beach; Duluth Ship Canal and Aerial Lift Bridge with Canal Park, Duluth, Canal Park in background; and Duluth Harbor North Pier Light, North Pier Lighthouse with lake freighter, freighter arriving , image_flag = Flag_of_Duluth,_Minnesota.svg , flag_alt = Flag of Duluth (gold star on a light blue banner with white, green, and dark blue waves below) , image_map = St. Louis County Minnesota Incorporated and Unincorporated areas Duluth Highlighted.svg , mapsize = 250x200px , map_caption = Location of the city of Duluthwithin St. Louis County, Minnesota , image_map1 = , mapsize1 = , map_caption1 ...
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Jay Cooke
Jay Cooke (August 10, 1821 – February 16, 1905) was an American financier who helped finance the Union war effort during the American Civil War and the postwar development of railroads in the northwestern United States. He is generally acknowledged as the first major investment banker in the United States and creator of the first wire house firm. Early life Cooke was born at Sandusky, Ohio, the son of Eleutheros Cooke and Martha Carswell Cooke. Eleutheros Cooke was a pioneer Ohio lawyer and Whig, a member of the Ohio General Assembly, and a member of Congress from Ohio from 1831 to 1833. Financier of the Civil War In 1838, Cooke went to Philadelphia, where he entered the banking house of E. W. Clark & Co. as a clerk, and became a partner in 1842. He left this firm in 1858. On January 1, 1861, just months before the start of the American Civil War, Cooke opened the private banking house of Jay Cooke & Company in Philadelphia. Soon after the war began, the state of Pen ...
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Frank Hamilton Clark
Frank Hamilton Clark (September 26, 1844 – November 29, 1882) was an American railroad executive and banker. He was president of the Lake Superior and Mississippi Railroad. Early life Clark was born in Philadelphia, Pennsylvania. Clark was the fourth and youngest son of Sarah Crawford Dodge and Enoch White Clark. His father was the founder of the financial firm Clark, Dodge and Co., also known as E. W. Clark & Co., in Philadelphia in 1837 and by mid-century had become one of the city's 25 millionaires. There is obviously some confusion by the source; Clark died in 1856. But the passage was directly about fellow financier Francis Drexel. He entered the University of Pennsylvania to study science in 1859 and left in 1860. There, he was a member of the Delta Psi fraternity.
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Carlton, Minnesota
Carlton is a city in Carlton County, Minnesota, United States. The population was 948 at the 2020 census. It is the county seat of Carlton County. The town sits on the northwestern edge of Jay Cooke State Park. Minnesota State Highways 45 and 210 and County Roads 1 and 3 are four of Carlton's main routes. It is five miles south of Cloquet and 21 miles southwest of Duluth. History In 1870, the Northern Pacific Railroad finished a stretch of track that linked Duluth to St. Paul. Temporary shacks were erected for the workmen at the place that was soon known as "Northern Pacific Junction". In 1881, this settlement was incorporated as Carlton. It takes its name from former State Senator Reuben B. Carlton. Thomson merged with Carlton in 2015. Geography According to the United States Census Bureau, the city has an area of , of which is land and is water. The Saint Louis River is nearby. Carlton is the home of Black Bear Casino Resort. Thomson Dam, Thomson Reservoir, an ...
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Saint Louis River (Lake Superior Tributary)
The Saint Louis River (abbreviated St. Louis River) is a river in the U.S. states of Minnesota and Wisconsin that flows into Lake Superior. The largest U.S. river to flow into the lake, it is in lengthU.S. Geological Survey. National Hydrography Dataset high-resolution flowline dataThe National Map accessed May 1, 2012 and starts east of Hoyt Lakes, Minnesota. The river's watershed covers . Near the Twin Ports of Duluth, Minnesota and Superior, Wisconsin, the river becomes a freshwater estuary. History According to Warren Upham, the Ojibwe name of the river is ''Gichigami-ziibi'' (Great-lake River). He notes: "The river was probably so named by Pierre Gaultier de Varennes, sieur de La Vérendrye (1685–1749), who was a very active explorer, in the years 1731 and onward. Shortly before his death the king of France in 1749 conferred on him the cross of Saint Louis as a recognition of the importance of his discoveries, and thence the name of the Saint Louis River appears to ...
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Panic Of 1873
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the " Long Depression" that weakened the country's economic leadership. In the United States, the Panic was known as the "Great Depression" until the events of 1929 and the early 1930s set a new standard. The Panic of 1873 and the subsequent depression had several underlying causes for which economic historians debate the relative importance. American inflation, rampant speculative investments (overwhelmingly in railroads), the demonetization of silver in Germany and the United States, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–1871), and major property losses in the Great Chicago Fire (1871) and the Great Boston Fire (1872) helped to place massive strain on bank reserves, which, in New ...
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Northern Pacific Railway
The Northern Pacific Railway was a transcontinental railroad that operated across the northern tier of the western United States, from Minnesota to the Pacific Northwest. It was approved by Congress in 1864 and given nearly of land grants, which it used to raise money in Europe for construction. Construction began in 1870 and the main line opened all the way from the Great Lakes to the Pacific when former President Ulysses S. Grant drove in the final "golden spike" in western Montana on September 8, 1883. The railroad had about of track and served a large area, including extensive trackage in the states of Idaho, Minnesota, Montana, North Dakota, Oregon, Washington, and Wisconsin. In addition, the NP had an international branch to Winnipeg, Manitoba, Canada. The main activities were shipping wheat and other farm products, cattle, timber, and minerals; bringing in consumer goods, transporting passengers; and selling land. The Northern Pacific was headquartered in Minnesota, ...
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Heritage Railway
A heritage railway or heritage railroad (US usage) is a railway operated as living history to re-create or preserve railway scenes of the past. Heritage railways are often old railway lines preserved in a state depicting a period (or periods) in the history of rail transport. Definition The British Office of Rail and Road defines heritage railways as follows:...'lines of local interest', museum railways or tourist railways that have retained or assumed the character and appearance and operating practices of railways of former times. Several lines that operate in isolation provide genuine transport facilities, providing community links. Most lines constitute tourist or educational attractions in their own right. Much of the rolling stock and other equipment used on these systems is original and is of historic value in its own right. Many systems aim to replicate both the look and operating practices of historic former railways companies. Infrastructure Heritage railway line ...
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Defunct Minnesota Railroads
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Heritage Railroads In Minnesota
Heritage may refer to: History and society * A heritage asset is a preexisting thing of value today ** Cultural heritage is created by humans ** Natural heritage is not * Heritage language Biology * Heredity, biological inheritance of physical characteristics * Kinship, the relationship between entities that share a genealogical origin Arts and media Music * ''Heritage'' (Earth, Wind & Fire album), 1990 * ''Heritage'' (Eddie Henderson album), 1976 * ''Heritage'' (Opeth album), 2011, and the title song * Heritage Records (England), a British independent record label * Heritage (song), a 1990 song by Earth, Wind & Fire Other uses in arts and media * ''Heritage'' (1935 film), a 1935 Australian film directed by Charles Chauvel * ''Heritage'' (1984 film), a 1984 Slovenian film directed by Matjaž Klopčič * ''Heritage'' (2019 film), a 2019 Cameroonian film by Yolande Welimoum * ''Heritage'' (novel), a ''Doctor Who'' novel Organizations Political parties * Heritage (Ar ...
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