when did the stockton to darlington railway open
Stockton and Darlington Railway The Stockton and Darlington Railway (S&DR) was a railway company that operated in north-east England from 1825 to 1863. The world's first public railway to use steam locomotives,[1] its first line connected collieries near Shildon with Stockton-on-Tees and Darlington, and was officially opened on 27 September 1825. The movement of coal to ships rapidly became a lucrative business, and the line was soon extended to a new port and town at Middlesbrough. While coal waggons were hauled by steam locomotives from the start, passengers were carried in coaches drawn by horses until carriages hauled by steam locomotives were introduced in 1833.
History of rail transport in the United States In 1860, the combined total of railroad stocks and bonds was $1.8 billion; 1897 it reached $10.6 billion (compared to a total national debt of $1.2 billion).[87] Funding came from financiers throughout the Northeast, and from Europe, especially Britain.[88] The federal government provided no cash to any other railroads. However it did provide unoccupied free land to some of the Western railroads, so they could sell it to farmers and have customers along the route. Some cash came from states, or from local governments that use money as a leverage to prevent being bypassed by the main line. The larger sound came from the southern states during the Reconstruction era, as they try to rebuild their destroyed rail system. Some states such as Maine and Texas also made land grants to local railroads; the state total was 49 million acres.[89] The emerging American financial system was based on railroad bonds. Boston was the first center, but New York by 1860 was the dominant financial market. The British invested heavily in railroads around the world, but nowhere more so than the United States; The total came to about $3 billion by 1914.[90] In 1914â€“1917, they liquidated their American assets to pay for war supplies.[91][92][93]