Comments (0)

By admin, February 25, 2009 6:50 am

need some facts?

i’ve searched many books, internet articles, wikipedia etc… but i can’t find what i’m looking for!
i’m writing a report on the central pacific railroad, and i need some specific facts about the unfair practices and scandal involving the big four (not including labor exploitation i have that down)
any help would be great!

been searching for you for awhile now, and i can’t find alot of scandal for the central pacific…quite a bit for the union pacific tho.

here is the little bit of scandal i was able to dig up.
By early summer 1863 things were not going well. The railroad was running out of cash, and a widening rift had developed between Judah and Stanford, Huntington, Crocker and Hopkins—who were now becoming known as the “Big Four.” Judah disliked the fact that Charles Crocker was given the contract to build a section of line, and wanted to use the completed part of the railroad as collateral for loans to stay afloat until the government bonds became available. The Big Four favored going deeper into personal debt to support the railroad rather than lower the line’s credit rating by borrowing against it. There were other disagreements: soon Judah and his supporters on the board were excluded from important decisions. Matters came to a head at the end of September when both camps adopted a put-up-or-shut-up compromise. The Big Four agreed to buy out Judah’s interest in the railroad for $100,000, and in turn offered to let him buy them out on the same terms if he could raise the funds. If Judah wanted to run the railroad here was his opportunity, otherwise he could take the money and leave. He boarded ship for New York giving the impression that he was about to secure financial backing sufficient to buy out his partners and take over the enterprise. Whatever his plan, Theodore Judah did not live to carry it out. While crossing the Isthmus of Panama he contracted yellow fever, and died in New York.

TLT Symposium Keynote by Dr. Michael Wesch

The Just Workplace: Developing and Maintaining Effective Psychological Contracts.(business): An article from: Review of Business $5.95 This digital document is an article from Review of Business, published by St. John’s University, College of Business Administration on March 22, 2001. The length of the article is 3006 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any…

iSlave: Jenny Chan explores life and death at one of China’s most successful companies.(CHINA’S WORKERS)(Foxconn Electronics): An article from: New Internationalist $9.95 This digital document is an article from New Internationalist, published by New Internationalist Magazine on April 1, 2011. The length of the article is 1294 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: iSlave: Jenny Chan explor…

Post-NAFTA labor abuses. (North American Free Trade Agreement): An article from: Multinational Monitor $5.95 This digital document is an article from Multinational Monitor, published by Essential Information, Inc. on July 1, 1994. The length of the article is 714 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.From the supplier…