History
See also: Wiggins Ferry CompanyThe railroad's predecessor companies in St. Louis date to 1797 when St. Louis was still part of Spanish Upper Louisiana. James Piggott was granted a license to operate a ferry between St. Louis and Illinoistown (now East St. Louis). Piggott's heirs sold the ferry to Samuel Wiggins in 1819. Wiggins bought 800 acres (3.2 km2) in East St. Louis including Bloody Island. Wiggins used a team of eight horses to propel the ferries. In 1828 he began steam-power ferry service across the river.
In 1832 Wiggins sold his company and the new owners called the new company the Wiggins Ferry Service which would develop the Wiggins property as a rail yard. In 1870 the ferry began porting rail cars across the river one car at a time until the construction of the Eads Bridge.
When the Terminal Railroad was incorporated in 1889, railroads owned most of the Wiggins Ferry property. In 1902 when the Rock Island Line joined the Terminal Railroad, the ownership of the Wiggins Illinois property was complete.
The Association built Union Station. It owns the Merchants Bridge and MacArthur Bridge, the latter which it received in 1989 in a swap with the City of St. Louis in exchange of title for the Eads Bridge.
In the early years the Association was at odds with the St. Louis Merchants Exchange. The Exchange built the Eads Bridge but lost control to the Terminal Railroad. The Exchange then built the Merchants Bridge to keep the Terminal Railroad from having a monopoly. The Exchange then lost control of that bridge also to the Terminal Railroad.
The railroad's practice of charging a tariff to coal trains crossing the Mississippi River would result in several industries locating in Illinois rather than Missouri. The steelmaking town of Granite City, Illinois was founded to avoid the tariffs..
Read more about this topic: Terminal Railroad Association Of St. Louis
Famous quotes containing the word history:
“Throughout the history of commercial life nobody has ever quite liked the commission man. His function is too vague, his presence always seems one too many, his profit looks too easy, and even when you admit that he has a necessary function, you feel that this function is, as it were, a personification of something that in an ethical society would not need to exist. If people could deal with one another honestly, they would not need agents.”
—Raymond Chandler (18881959)
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (18181883)
“Whenever we read the obscene stories, the voluptuous debaucheries, the cruel and torturous executions, the unrelenting vindictiveness, with which more than half the Bible is filled, it would be more consistent that we called it the word of a demon than the Word of God. It is a history of wickedness that has served to corrupt and brutalize mankind.”
—Thomas Paine (17371809)