WyoHistory.org

The Online Encyclopedia of Wyoming History

union pacific railroad

union pacific railroad

Industry, Politics and Power: the Union Pacific in Wyoming

The construction of the Union Pacific in 1868 gave rise to the towns, geography of settlement and the economy of new Wyoming Territory in 1869. Obstacles to construction were both physical and financial, and the railroad overcame them with sometimes slapdash results—hastily laid track and rickety bridges, watered stock and Congressional corruption. But the Union Pacific contributed enormously to Wyoming’s growth and development, made its modern economy possible and continues today as an economic power in the state.

The Wyoming Cattle Boom, 1868-1886

Grass was free and profits enormous in the cattle business in Wyoming Territory — for a while. The business dates to the 1850s, but the boom came after the Union Pacific Railroad connected Wyoming ranges to eastern markets. For a time it seemed as if every investor got rich. Finally, a weakening market and the overstocked range could not withstand two years of drought followed by a terrible winter. The big boom busted, following an economic pattern repeated many times since in an economy still based heavily on natural resources.

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