Within two months of meeting Farnam, Grinnell gets three men together to but land in Iowa. They purchased 5,000 acres for $1.60 an acre.
By 1855 the land was going for $10 an acre.
Henry is one of the railroad owners. J.B. meets him after a scuffle on a train.
Advises Grinnell to go to Iowa because he is planning on expanding the railroad there.
Railroads were estimated to cost about $9,600 a mile.
Was to construct a line to connect all cardinal points
Did not materialize until 1870.
ironic because Iowa College left Davenport because traffic through the school was a menace. Now there is a loud train
$100,000 in bonds approved
it was financed by a guy with the last name Sargent
Did not build for a few years which made J.B. mad so he refused to pay interest on the bonds. he lost the settlement in court and had to pay a financial penalty
Judge of U.S. Court John F. Dillion orders J.B. to be in charge of finances
Greeley's advocacy, federal grants, and civil war help push railway through Iowa
reaches Des Moines by 1867.
The route was not going to go through Grinnell which stressed J.B. greatly. Henry Hamilton, an engineer, saves the day with new proposed less expensive route through Grinnell
J.B. is president of Grinnell and Montezuma Railroads
His financial integrity was questioned
By end of war, wool went from $1 to $.45 per pound. War stimulated wool growing in Iowa.
J.B. entered the shearing competition and also payed for the awards
Imported them from other states
Grinnell is worried about wool industry and fights to save it. Served as president of Iowa Association.
Wool and Woolens Act failed and the number of sheep in Iowa fell drastically
Grinnell said that tariff legislation was only second to emancipation
Because of Grinnell's wool business he wanted high tariffs so that it was more expensive to manufacture the wool out of state. he wanted to develop manufacturing in Iowa. Was in support of "Big Business" - high tariffs
Iowans think high tariff will rob farmer and benefit manufacturer
In charge of classyfying wools
happened at National Dairymen's Fair in New York
last elective office held
32 dead, 100 seriously injured
J.B. raises thousands to rebuild college and town in just two weks after tornado
Put in charge by acquaintances to pass a bill through congress that mandated the checking of cattle for pleuro- pneumonia
was elected in New Orleans
Year Iowa College began in Davenport
Built three temporary log cabins with Homer Hamlin, Henry Hamilton who was a surveyor, and Dr. Thomas Holyoke
By 1855 it jumped all they way to $10 an acre
Recruited Vermonters to the college