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Jordan Stanley
Social Studies
15 December, 15:00
How was the transcontinental railroad funded
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Jason Goodman
15 December, 15:23
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Funding initially was primarily from the personal savings of the Big Four Sacramento merchants (Stanford, Crocker, Huntington, and Hopkins) and additional investors. These men each risked their entire life savings, as limited liability companies such as modern corporations were not yet available.
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