Talk:Morris and Essex Railroad

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From what I’ve read the Morris and Essex Railroad was built in reaction to the fact that the Morris Canal passed Morristown by with no connection. Yet the M & E seems to have been built as a passenger railroad and for some years passenger revenues were greater than freight revenues so that explanation leaves me wondering if there were other reasons for building the railroad.

In 1841, after operating for about 5 years, the road was not making enough profit to pay the interest on its bonds. However it ultimately became quite successful and its success continues as long as coal was an important fuel in the United States. But I wonder if it was built a little too early. Or perhaps if it might have been better managed early on.

If anyone can shed light on these issues I would appreciate it. — Preceding unsigned comment added by Ishmael Dott (talk • contribs) 18:20, 22 April 2015 (UTC)[reply]