The Oregon Short Line stocks and bonds were offered to stockholders of the Union Pacific; the Union Pacific guaranteed interest on the bonds through a stock guarantee. The road was built on the assumption that the Northern Pacific would not be completed.
Adams to Callaway, Dec. 18, 1884, UP, PO, OC, vol. 24, ser. 2, r. 21.
Testimony of Charles Francis Adams, PRC, 1:90-95.
Adams to G. M. Dodge, March 26, 1886, UP, PO, OC, vol. 34, ser. 2 r. 29.
Charles Francis Adams, Railroads: Their Origin and Problems (New York: G. P. Putnams Sons, 1878), 194.
Adams to Callaway, Aug. 24, 1885, UP, PO, OC, vol. 32, ser. 2, r. 27.
Perkins to Forbes, May 23, 1884, 33, 1880, 7.2, CB&Q.
Adams to Callaway, Nov. 19, 1884, UP, PO, OC, vol. 24, series 2, r. 21.
Adams to F. L. Ames, Sept. 30, 1886, UP, PO, OC, vol. 36, ser. 2, r. 31.
Adams to Callaway, Aug. 24, 1885, UP, PO, OC, vol. 32, ser. 2, r. 27.