Tonopah And Goldfield Railroad
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Tonopah And Goldfield Railroad
The Tonopah and Goldfield Railroad, a railroad of in length in the U.S. state of Nevada, offered point-to-point service between Mina and Goldfield, running over the Excelsior Mountains and parallel to the Monte Cristo Range. It operated from 1905 until 1947. Corporate history Growth Predecessors of the Tonopah and Goldfield (T&G) Railroad, including the Tonopah Railroad, began operations in 1903. The decade of the 1900s was a period of frenzied railroad-building in southwestern Nevada, with rich silver ore discovered at Tonopah in 1900 and gold-bearing quartz at Goldfield in 1902. In addition, silver was struck at Silver Peak. As the entire region was then served by nothing but stagecoaches, an infrastructure was quickly begun to serve what was a fast-growing network of precious-metal mines and miners. The first predecessor of the Tonopah and Goldfield Railroad, the Tonopah Railroad (built 1903-1904), was a narrow gauge line from what was then called ''Sodaville Junctio ...
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Mina, Nevada
Mina is a census-designated place in Mineral County in west-central Nevada, United States. It is located along U.S. Route 95 (38° 23' 25" N 118° 06' 30" W) at an elevation of . The 2010 population was 155. History Mina was founded as a railroad town in 1905 and was named for Ferminia Sarras, a large landowner and famed prospector known as the 'Copper Queen.' The Carson and Colorado Railway, a division of Southern Pacific Railroad, had a station in the town. The railroad is long gone – the last section between Thorne and Mina shut down in 1985 –, but at one time a local shuttle called the "Slim Princess" allowed Native Americans to ride free of charge atop the railcars, and passengers and crew would shoot wild game from open windows. The train moved slowly enough that hunters were able to retrieve their game and reboard. Gee Jon and Hughie Sing were convicted of the August 27, 1921, Mina, Nevada murder of Tom Quong Kee. Gee Jon, a 29-year-old member of the Hop Sing Tong ...
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Las Vegas And Tonopah Railroad
The Las Vegas and Tonopah Railroad was a railroad built by William A. Clark that ran northwest from a connection with the mainline of the San Pedro, Los Angeles and Salt Lake Railroad at Las Vegas, Nevada to the gold mines at Goldfield. The SPLA&SL railroad later became part of the Union Pacific Railroad and serves as their mainline between Los Angeles and Salt Lake City. History In April 1905, Clark made a verbal agreement with Francis Marion Smith that Smith could build a rail line to his borax operations at Lila C connecting with the San Pedro, Los Angeles and Salt Lake Railroad at Las Vegas. After Smith's men had already graded for tracks, his workers received a no trespassing order that they were not allowed to connect with Clark's rail. Clark had apparently changed his mind, and subsequently, he laid his own rail on the line graded by Smith's men. In response, Smith started his own competing railroad, the Tonopah and Tidewater to the Goldfield boomtowns in direct compe ...
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Rationing
Rationing is the controlled distribution of scarce resources, goods, services, or an artificial restriction of demand. Rationing controls the size of the ration, which is one's allowed portion of the resources being distributed on a particular day or at a particular time. There are many forms of rationing, although rationing by price is most prevalent. Rationing is often done to keep price below the market clearing, market-clearing price determined by the process of supply and demand in an free market, unfettered market. Thus, rationing can be complementary to incomes policies, price controls. An example of rationing in the face of rising prices took place in the various countries where there was rationing of gasoline during the 1973 energy crisis. A reason for setting the price lower than would clear the market may be that there is a shortage, which would drive the market price very high. High prices, especially in the case of necessities, are undesirable with regard to those ...
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Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ...
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Gold Standard
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Sir Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the world's leading financ ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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McKeen Motor Car Company
The McKeen Motor Car Company of Omaha, Nebraska, was a builder of internal combustion-engined railroad motor cars (railcars), constructing 152 between 1905 and 1917. Founded by William McKeen, the Union Pacific Railroad's Superintendent of Motive Power and Machinery, the company was essentially an offshoot of the Union Pacific and the first cars were constructed by the UP before McKeen leased shop space in the UP's Omaha Shops in Omaha, Nebraska. The UP had asked him to develop a way of running small passenger trains more economically and McKeen produced a design that was ahead of its time. Unfortunately, internal combustion engine technology was not and the McKeen cars never found a truly reliable powerplant. The vast majority of the cars produced were for E. H. Harriman's empire of lines (Union Pacific, Southern Pacific and others). Harriman's death in 1909 lost the company its major sponsor and investor and Harriman's successors were less enthusiastic about the McKeen cars. ...
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Steam Locomotive
A steam locomotive is a locomotive that provides the force to move itself and other vehicles by means of the expansion of steam. It is fuelled by burning combustible material (usually coal, oil or, rarely, wood) to heat water in the locomotive's boiler to the point where it becomes gaseous and its volume increases 1,700 times. Functionally, it is a steam engine on wheels. In most locomotives, the steam is admitted alternately to each end of its cylinders, in which pistons are mechanically connected to the locomotive's main wheels. Fuel and water supplies are usually carried with the locomotive, either on the locomotive itself or in a tender coupled to it. Variations in this general design include electrically-powered boilers, turbines in place of pistons, and using steam generated externally. Steam locomotives were first developed in the United Kingdom during the early 19th century and used for railway transport until the middle of the 20th century. Richard Trevithick ...
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Esmeralda County, Nevada
Esmeralda County is a County (United States), county in the southwestern portion of the U.S. state of Nevada. As of the 2020 United States census, 2020 census, the population was 729, making it the least populous county in Nevada. Esmeralda County does not have any incorporated communities. Its county seat is the town of Goldfield, Nevada, Goldfield. Its 2000 census population density of was the County statistics of the United States, second-lowest of any county in the contiguous United States (above Loving County, Texas). Esmeralda County School District, Its school district does not have a high school, so students in grades 9–12 go to school in Tonopah, Nevada, Tonopah, in the Nye County School District. Most residents live in Goldfield or in the town of Dyer, Nevada, Dyer in Fish Lake Valley, near the California border. Esmeralda is the only Nevada county in the Los Angeles TV market (or any California market) as defined by Nielsen Corporation, The Nielsen Corporation. Hi ...
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Hazen, Nevada
Hazen is an unincorporated community in Churchill County, Nevada, United States. The community is approximately southeast of Fernley and northwest of Fallon, on U.S. Route 50 Alternate. History Hazen was founded in 1903 as a station on the Southern Pacific Railroad. Some sources say the town was first settled in 1869, but it doesn't appear on maps until 1903. The community was named for William Babcock Hazen, an aide to William Tecumseh Sherman. At one time Hazen had a post office, which was established in 1904. Hazen's early economy was driven by railroad workers and canal and dam builders, who patronized the town's saloons and brothels. Hazen is noted for the being the historic site of the last lynching in Nevada. At 2:30am on Feb. 27, 1905, around 30 men broke Red Wood, AKA Nevada Red, out of jail and hanged him from a telegraph pole 30 feet away. The Hazen Store is listed on the National Register of Historic Places (NRHP). It "almost defies architectural description" ...
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Pullman (car Or Coach)
In the United States, Pullman was used to refer to railroad sleeping cars that were built and operated on most U.S. railroads by the Pullman Company (founded by George Pullman) from 1867 to December 31, 1968. Other uses Pullman also refers to railway dining cars in Europe that were operated by the Pullman Company, or lounge cars operated by the Compagnie Internationale des Wagons-Lits. Specifically, in Great Britain, ''Pullman'' refers to the lounge cars operated by the British Pullman Car Company. The nickname ''Pullman coach'' was used in some European cities for the first long (four-axle) electric tramcars whose appearance resembled the Pullman railway cars and that were usually more comfortable than their predecessors. Such coaches ( rus, пульмановский вагон, pul'manovsky vagon) ran in Kyiv from 1907 and in Odessa from 1912. In the 1920s, tramcars nicknamed ''Pullmanwagen'' in German ran in Leipzig, Cologne, Frankfurt and Zürich.Hans Bodmer. ''Das Tram in Z ...
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Southern Pacific Transportation Company
The Southern Pacific (or Espee from the railroad initials- SP) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the names Southern Pacific Railroad, Southern Pacific Company and Southern Pacific Transportation Company. The original Southern Pacific began in 1865 as a land holding company. The last incarnation of the Southern Pacific, the Southern Pacific Transportation Company, was founded in 1969 and assumed control of the Southern Pacific system. The Southern Pacific Transportation Company was acquired in 1996 by the Union Pacific Corporation and merged with their Union Pacific Railroad. The Southern Pacific legacy founded hospitals in San Francisco, Tucson, and Houston. In the 1970s, it also founded a telecommunications network with a state-of-the-art microwave and fiber optic backbone. This telecommunications network became part of Sprint, a compa ...
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