Yet, in 1850 nearly all the railroads in the United States lay east of the Mississippi River, and all of them, even when they were physically mere extensions of one another, were separately owned and separately managed.
John Moody Quotes
The public conviction that a railroad linking the West and the East was an absolute necessity became so pronounced after the gold discoveries of '49 that Congress passed an act in 1853 providing for a survey of several lines from the Mississippi to the Pacific.
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| Birth: | 2nd May, 1868 |
| Death: | 16th February, 1958 |
| Nationality: | American |
| Profession: | Businessman, Investor |
About
John Moody was born in Jersey City, New Jersey, USA. He was an American financial analyst, businessman and investor. He pioneered the rating of bonds and founded Moody's Investors Service. He received an honorary Doctor of Laws from Boston College.
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