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Slow Train to Paradise

How Dutch Investment Helped Build American Railroads

Bibliographic Data

ID3551930
AuthorsRichard Sylla, Augustus J Veenendaal
Year1997
Volume28
Issue1
Pages157
Publication date1997-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Journal of Interdisciplinary History (JOURNAL)
Journal identifiersISSN: 0022-1953 • E-ISSN: 1530-9169
PublisherJSTOR (PUBLISHER)
DOI10.2307/206213
OpenAlexW2098327608
LanguageEN
Citations received6

Railroad historians have long been aware of Dutch investment in the building of American railroads, but how extensive was that investment? This book reveals for the first time that, because of the frequent failure of railroad companies to meet their debt obligations, several railroads were for a time completely in Dutch control. Though Dutch capitalists initially believed they had discovered a shortcut to El Dorado by buying American railroad securities, it turned out that only long-term investment brought financial paradise within their reach. This book is a complete history of Dutch investment in American railroads up to World War I, telling in detail not only why the Dutch invested in US railroads, but also in which companies and how much they invested. Introductory chapters survey the Dutch capital market from the late eighteenth century until World War I and extensive appendices provide detailed information on individual Dutch brokers and their financial activities

Art history · Business · Investment (military · Paradise · Political science · African history and culture studies · Colonialism, slavery, and trade · History · Law

  • The Crisis of 1873

    Open Access•Scott Mixon•The Journal of Economic History•2008

  • The ‘Divorce’ of ownership from control from 1900 onwards

    Leslie Hannah•Business History•2007

  • A Black Dutchman and the Racial Discourse of the Dutch in America, 1850–1920

    Michael J Douma, Michael Douma•Dutch Crossing•2012

  • Dutch Multinational Enterprises in the United States

    Open Access•Mira Wilkins•The Business History Review•2005

  • Rescued from the Myths of Time

    Open Access•Roger Knight•Bijdragen tot de taal- land- en…•2014

  • A long Atlantic in a wider world

    Donna R Gabaccia•Atlantic Studies•2004

Unique citing works6
Citations per year0,27
Citation span2004 - 2014 (11)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 6

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