S.D. the O.A.K. sprouted from the acorns planted in the proper speculations. Omaha was not supposed to be the capitol of Nebraska. The K.G.C. wanted the capitol to be Nebraska City. The transcontinental railroad and telegraph would have came to the capitol city exploding their property values and making them millions and millions, but it all worked out for them in the end. On August 16, 1856,the original bill to the 34th Congress by the
Select Committee on the Pacific Railroad and Telegraph by President Franklin Pierce / Sec. of War Jefferson Davis. It would be President Lincoln who forced the Northern rout of the rails into Council Bluffs and Omaha which was at that time the capitol city.
They black balled Nebraska City to shut out the K.G.C. speculators who had showed their hand by then. The first railroad built in Nebraska, from Nebraska City, was the old Midland Pacific from Nebraska City to Lincoln, the new capital of the state; which was finished, equipped and put into operation in April 1871. In 1874
Nebraska City voted and issued $75,000 in bonds, to aid in the extension of the Midland Pacific from Nebraska City to Brownville, since which time it has further extended to Tecumseh and Beatrice. This company was composed almost entirely of Nebraska City citizens. The Midland Pacific was bought out by the Burlington and Missouri Railroad, which road, in the year 1868 began work on a line from Red Oak, Iowa, to Nebraska City and finished the following year, thus in 1869 giving a through line from Chicago to Denver via Red Oak and Lincoln through Nebraska City, direct connection East and West. The Kansas City, St. Joseph & Council Bluffs Railroad finished their road from Kansas City to Omaha in 1870, coming up on the Iowa side of the river; the depot being situated directly opposite the city a little over a mile from the river. In September 1888, the B. & M. having completed their new $1,000,000 steel bridge across the Missouri River at this point, on which both trains and teams could cross, formally opened the bridge to the public with appropriate ceremonies, at which the greatest crowd ever gathered within the city was present. It has been variously estimated, at from 20,000 to 35,000 people. This gave direct communication with the railroad across the river and the surrounding country. It was acquired by the Chicago, Burlington and Quincy Railroad in 1872 and served a large area, including the states of Colorado, Illinois, Iowa, Kentucky, Missouri, Montana, Nebraska, Wisconsin and Wyoming, and New Mexico and Texas via subsidiary railroads. Its primary connections included Chicago, Minneapolis–Saint Paul, St. Louis, Kansas City and Denver. It grew until it extended from the Great Lakes to the Rocky Mountains.
In 1901 James J. Hill bought control and sought to combine it with his Great Northern Railway and with J.P. Morgan’s Northern Pacific Railway, but in 1904 the U.S. Supreme Court, in the Northern Securities case, declared the scheme illegal under the Sherman Anti-Trust Act.
More trouble for the k.G.C. monopolies.........
Northern Securities Company - Wikipedia, the free encyclopedia
James Jerome Hill,
(James Jerome Hill M$T1912 (6) from the 1912 trust list) was a
Canadian-American railroad executive. He was the chief executive officer of a family of lines headed by the Great Northern Railway, which served a substantial area of the Upper Midwest, the northern Great Plains, and Pacific Northwest. Because of the size of this region and the economic dominance exerted by the Hill lines, Hill became known during his lifetime as
The Empire Builder. Hill (and his B.L.F.)undertook to establish a monopoly of the steamboat business; he was monopolizing coal, socializing with bankers, and buying other businesses at the same time. Hill noted that the secret to success was, "Work, hard work, intelligent work, and then more work." He was part of the original syndicate that went on to create the
Canadian Pacific Railway
With all of that buying and selling and merging and litigation.......just remember it most likely was the K.G.C. spreading out their funds among different buyers and shuffling the deck to keep from being recognized as a single unit (Secret Brotherhood with the same goal...."create an Empire"
and rule it).
L.C. Baker