USA HISTORY

Detailed explanation-1: -The Pacific Railway Act, which became law on July 1, 1862, offered government incentives to assist “men of talent, men of character, men who are willing to invest” in developing the nation’s first transcontinental rail line.

Detailed explanation-2: -Receiving millions of acres of public lands from Congress, the railroads were assured land on which to lay the tracks and land to sell, the proceeds of which helped companies finance the construction of their railroads.