
Trustman, Benjamin A., Trustman, Julia M. · 1843
In July 1838, the Government decided to grant three railroad concessions for the lines Paris-Le Havre, Paris-Orléans, and Paris-Strasbourg. In 1839, some of the private railroad companies got into financial problems due to high construction costs. The government agreed to a guarantee for 40 years with an interest by the State of 4%. The Paris-Orléans line became a modern cooperative, where the stakes were divided between private and public shareholders. As the commentary implies, travel by train at this time was not always a pleasurable or safe experience.
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