Between 1870 and 1890 municipal subsidies were $16.5 million, half of which came in 1887-88. The state underwrote more than $27 million in bonds.
See J. Blickensderfer to Adams, July 9, 1886, UP, SG2, ser. 1, box 32, f. 4.
Adams to Perkins, UP, PO, OC, vol. 29, ser. 2, r. 25.
CPH also put U.S. General James G. Ord on his payroll. Ord had earned the appreciation of Diaz supporters by violating direct order to suppress Diaz's raids across the U.S. border into Mexico during Diaz's revolt.
CPH to C. Crocker, June 4, 1881, CPH Papers, vol. 28, ser. 2, r. 6.
receipt, stock, April 23, 1883, CPH to John B. Frisbie, Aug. 25, 1881.
Mexico added some new figures to the mix, such as Albert Kingsley Owen.
Hart, Empire and Revolution, 107-15.
CPH to Crocker, May 9, 1881, CPH Papers, vol. 28, ser. 2, r. 6.
David Pletcher, Rails, Mines, and Progress.
Berk, in Alternative Track finds a reduction of 27 percent, but lumps the reorganizations before 1893 with those afterwards.
Albro Martin, Railroads and the Equity Receivership, 685-709.
The books and formulations that I have in mind are classics of their literature.
Matthew Josephson, The Robber Barons: The Great American Capitalists, 1861-1901 (New York: Harcourt, Brace, 1934).
Frank Norris, The Octopus: A Story of California (New York: Bantam Books, 1958, orig. ed., 1901).