Word: paraphanalia
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Dates: during 1890-1899
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...said that first the terms "railroad" and "stocks" need to be carefully defined. A railroad may be considered a property of the nature of a "going concern" as the law books put it. All the paraphanalia of a railroad the locomotives, cars, etc.- are useless except when in motion. There are two general types of railroads-the eastern and the western, the old and the new. The eastern railroad was built for the purpose of carrying traffic already waiting to be moved, while the western railroad was built for the purpose of creating traffic. The differences in the purposes...