1862
164 years ago
RegulatoryUnited States
Pacific Railway Act Signed
Washington, D.C.
July 1, 1862
Summary
President Abraham Lincoln signs the Pacific Railway Act, authorizing construction of the first U.S. transcontinental railroad.
Full Story
On July 1, 1862, President Abraham Lincoln signed the Pacific Railway Act into law, providing federal land grants and bonds to the Union Pacific and Central Pacific railroads. This landmark legislation overcame immense engineering challenges across the Sierra Nevada and Great Plains, employing thousands of workers including Chinese immigrants and Civil War veterans. It marked a pivotal step in connecting the nation post-Gold Rush and during the Civil War, fostering economic expansion and westward settlement. The act's impact endures in the modern rail network and the symbolic Golden Spike ceremony seven years later.
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Quick Facts
- Date
- July 1, 1862
- Event Type
- Regulatory
- Country
- United States
- Years Ago
- 164
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