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Prince Georges, Virginia in the 1870s: 1 through 2 of 2

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  1. Meeting and debate over future of the Petersburg Railroads
    date February 11, 1878map Prince Georges, Virginiatags Economy

    The evening of February 11, 1878, many concerned citizens of Petersburg, Virginia met to discuss the future of the Petersburg Railroad. The main issue at hand was whether the city would control it or not. Citizens were fiercely divided on this issue and the meeting of February 11 was to oppose city control of the railroad. Discussion was lively and detailed about the issues merits.Concern over railroads...

  2. The Panic of 1873
    date September 25, 1873 to December 31, 1879map Prince Georges, Virginiatags Economy, Migration/Transportation, Urban-Life/Boosterism

    Jay Cooke and Co., a major Philadelphia investment firm, set off the Panic of 1873 when it declared bankruptcy on September 18. The boom in railroad reconstruction in the South coupled with successful westward expansion projects such as the Union Pacific Railroad had caused investors and speculators to bet heavily on new transportation projects (like a second transcontinental railroad, the Northern...