With the end of the American civil war that was held from 1861 to 1865, it brought with it the major economic setbacks. It was followed by the crash in the share market which was first felt in Europe and had chained the economy to the ground. During this time, the railroad Construction had a boom as the investors started selling off the shares or investment they had majorly the railroad project. The railroad was a very new concept then and the people were eager to invest in this project without fore sighting the returns from the same. More than thirty thousand miles of railway track was laid all over the country between the years 1866-73.