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This quiz consists of 5 multiple choice and 5 short answer questions through The Master Moneyman: A Fortune in Paper.

Multiple Choice Questions

1. A new competitor, ________________ , decides a lavishly decorated "rolling palace" may have an edge, and by 1867 he has forty-eight in service.
(a) Geoff M. Pullman.
(b) George M. Pullman.
(c) Gerold M. Pullman.
(d) Gary M. Pullman.

2. A typical pattern in the ____________ century is that a community builds up around a few pioneers who leave their homeland and then encourage friends and relatives to join them.
(a) Seventeenth.
(b) Sixteenth.
(c) Nineteenth.
(d) Eighteenth.

3. What demand adequate cash flow and net income for operating expenses and a dividend sufficient to maintain and attract capital to grow?
(a) Organizational skills.
(b) Railroad technology skills.
(c) Sales skills.
(d) Railroad management skills.

4. Why does Pullman gives Carnegie enough Pennsylvania stock to collateralize a $600,000 loan?
(a) He is ignorant of this poor decision.
(b) He trusts Carnegie.
(c) He believes it is one of his best ideas.
(d) He needs money.

5. Railroads need huge amounts of what to construct track and more as they expand?
(a) Capital.
(b) Trust.
(c) Equipment.
(d) Technological understanding.

Short Answer Questions

1. Carnegie proposes they cooperate rather than bid against each other and suggests what be the joint venture?

2. Success is due to the first president, ________________, and the superintendent of the western division, Tom Scott, who brings Andrew Carnegie into the modern system of train control.

3. Carnegie's career begins on July 15, 1848, when he and his family, parents Will, Margaret and his brother Tom, do what?

4. When dividend payments stop, Carnegie plans a ________ exit to maximize Pacific's price by speculation that lets the triumvirate cash out and leave the remaining Pacific stockholders to drown.

5. Railroad receipts increase from $40 million in 1851 to _____________ fifteen years later in 1867.

(see the answer key)

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