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Union Pacific Railroad built the line westward and the Central Pacific Railroad built the line eastward. The first transcontinental railroad basically connected the east and the west of the United States. Central Pacific Railroad merged with Southern Pacific in 1885 and then Union Pacific bought Southern Pacific in 1996. Union Pacific still operates much of the rail from Central Pacific Railroad and Southern Pacific Railroad.
This is true. The Union Pacific Railroad was the first trans-continental railroad. It ran from Chicago and Promontory Point, Utah.
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Abraham Lincoln signed the Homestead Act as well as the Railroad Act of 1862.