托福阅读真题Official 50 Passage 1（六）

托福阅读真题Official 50 Passage 1（六）

American Railroads

In the United States,railroads spearheaded the second phase of the transportation revolution by overtaking the previous importance of canals.The mid-1800s saw a great expansion of American railroads.The major cities east of the Mississippi River were linked by a spiderweb of railroad tracks.Chicago’s growth illustrates the impact of these rail links.In 1849 Chicago was a village of a few hundred people with virtually no rail service.By 1860 it had become a city of 100,000,served by eleven railroads.Farmers to the north and west of Chicago no longer had to ship their grain,livestock,and dairy products down the Mississippi River to New Orleans;they could now ship their products directly east.Chicago supplanted New Orleans as the interior of America’s main commercial hub.

The east-west rail lines stimulated the settlement and agricultural development of the Midwest.By 1860 Illinois,Indiana,and Wisconsin had replaced Ohio,Pennsylvania,and New York as the leading wheat-growing states.Enabling farmers to speed their products to the East,railroads increased the value of farmland and promoted additional settlement.In turn,population growth in agricultural areas triggered industrial development in cities such as Chicago,Davenport(Iowa),and Minneapolis,for the new settlers needed lumber for fences and houses and mills to grind wheat into flour.

Railroads also propelled the growth of small towns along their routes.The Illinois Central Railroad,which had more track than any other railroad in 1855,made money not only from its traffic but also from real estate speculation.Purchasing land for stations along its path,the Illinois Central then laid out towns around the stations.The selection of Manteno,Illinois,as a stop of the Illinois Central,for example,transformed the site from a crossroads without a single house in 1854 into a bustling town of nearly a thousand in 1860,replete with hotels,lumberyards,grain elevators,and gristmills.By the Civil War(1861–1865),few thought of the railroad-linked Midwest as a frontier region or viewed its inhabitants as pioneers.

As the nation’s first big business,the railroads transformed the conduct of business.During the early 1830s,railroads,like canals,depended on financial aid from state governments.With the onset of economic depression in the late 1830s,however,state governments scrapped overly ambitious railroad projects.Convinced that railroads burdened them with high taxes and blasted hopes,voters turned against state aid,and in the early 1840s,several states amended their constitutions to bar state funding for railroads and canals.The federal government took up some of the slack,but federal aid did not provide a major stimulus to railroads before 1860.Rather,part of the burden of finance passed to city and county governments in agricultural areas that wanted to attract railroads.Such municipal governments,for example,often gave railroads rights-of-way,grants of land for stations,and public funds.

The dramatic expansion of the railroad network in the 1850s,however,strained the financing capacity of local governments and required a turn toward private investment,which had never been absent from the picture.Well aware of the economic benefits of railroads,individuals living near them had long purchased railroad stock issued by governments and had directly bought stock in railroads,often paying by contributing their labor to building the railroads.But the large railroads of the 1850s needed more capital than such small investors could generate.Gradually,the center of railroad financing shifted to New York City,and in fact,it was the railroad boom of the 1850s that helped make Wall Street in New York City the nation’s greatest capital market.The stocks of all the leading railroads were traded on the floor of the New York Stock Exchange during the 1850s.In addition,the growth of railroads turned New York City into the center of modern investment firms.The investment firms evaluated the stock of railroads in the smaller American cities and then found purchasers for these stocks in New York City,Philadelphia,Paris,London,Amsterdam,and Hamburg.Controlling the flow of funds to railroads,the investment bankers began to exert influence over the railroads’internal affairs by supervising administrative reorganizations in times of trouble.

Question 11 of 14

According to paragraph 5,investment bankers were involved in all of the following EXCEPT

A.controlling the distribution of funds to railroads

B.finding national and international buyers of railroad stock

C.overseeing administrative changes of railroads when needed

D.persuading the federal government to reinvest in railroads

正确答案：D

题目详解

题型分类：否定事实信息题

原文定位：根据选项定位。

选项分析：

D选项reinvest in railroads无中生有，故选D。

A选项the distribution of funds对应第五段最后一句Controlling the flow of funds to railroads。

B选项national and international buyers对应倒数第二句New York City,Philadelphia,Paris,London,Amsterdam,and Hamburg。

C选项overseeing administrative changes对应最后一句话中的supervising administrative reorganizations，选项中的oversee是就是原文中supervise的同义转换。

Question 12 of 14

The word“flow”in the passage is closest in meaning to

A.promise

B.growth

C.movement

D.source

正确答案：C

题目详解

题型分类：词汇题

选项分析：

原文为：控制了资金的flow到铁路，投资银行家们开始在困难时期通过监督行政重组的方式对铁路公司的内部事务施加影响。由前一句可以知道，投资银行家们的钱投入了铁路，推测the flow of funds to意为“资金流入到”，即C选项：移动。

A选项promise：许诺。

B选项growth：生长。

D选项source：根源。

只有C选项符合语境。