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One way in which the Government financed railroads was with direct payments based on the number of miles of tracks laid. As a result of
One way in which the Government financed railroads was with direct payments based on the number of miles of tracks laid. As a result of this system:
-Rail track wove around inefficiently in order to get the most money.
-Rail companies would tear up and rebuild track to get more payments.
--It was financially difficult to build track since you wouldn't be paid until much later.
-Companies emphasized quantity of track over quality.
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