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Tuesday, November 02, 2010

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INTERNSHIP REPORT ON AMERICAN EXPRESS BANK LTD

INTRODUCTION OF AMERICAN EXPRESS BANK



Express men’s assignment was alarming and sometimes violent. There were instances aback they were afflicted or killed. Some alike died in biconcave ships. Accurate men were bodies who had apparent and survived: “violence” and death, Indian raids, date robberies, banking panic, buzzards in the abundance passes, architecture calefaction and appetite on the desert, alternation robberies. As with the railroads, the advance of illustrated periodicals like Gleason’s aesthetic drawing-room companion, Vanity Fair and Frank Leslie’s illustrated newspapers played a basic role in knitting calm the cultures of growing cities and rural towns. The magazines not alone apparent bodies to account and trends so breeding a appeal for customer appurtenances of all kinds.
As the railroads grew the three men could see the aperture of the borderland and the appeal for accurate casework that westward movement was creating. They were not aloof at the appropriate abode at the appropriate time; they were acute businessmen who could aback up their ambitions with the basic all-important to accomplish some amount of calibration in the accurate business.
The belief and legends that grew up about that business and which accept back become a allotment of accepted ability through movies and television were appreciably added adventurous than its reality. An accurate man’s assignment was adamant labor; continued hours and annoying biking over what were generally prosperous or absent roads.
In he accessible minds, accurate men were heroes of about allegorical proportions. That allegory was ashore in absoluteness and bodies fueled it in two means saw in their circadian interactions with accurate men and through the accepted media of the day.


In the 1850s, most travel was still done on horseback, in carriages or wagons or by train or steamship. A transcontinental railroad system was not yet in place across the United States. Therefore, travel by train often had to be supplemented with travel by ship, coach or horse to reach one’s ultimate destination. Postage rates for correspondence were relatively more expensive for the times and if you include cash or valuables in your letters, they were usually stolen. The express company handles anything larger than letters and the railroads carried bulk freight. There were no parcel post service in the United States at the time and it was unthinkable that they might ever by the kind of express companies that developed later, such as Airborne express DHL or Federal Express.



The express business transporting financial papers, small parcels and packages from one town to another had become a well-established and profitable line of work for many people during the 1840s. Competition was more than healthy: it was cutthroat. Propelled by the growth of a vast network of railroads that began to crisscross the United States, the country began to realize its manifest destiny the movement of its population “from Sea to shining Sea”.



As more and more people headed across the frontier, the railroads firmly tied the Midwest economies to the east, rather than to the south (as had been the case previously when most traffic was shipped via the river system).



European goods were imported to New York and then shipped to west via the railroads. The express company fought bitterly for the valuable exclusive contracts that the railroads granted to one express company or another to use their line, as people’s relatives and friends move westward, the traffic of goods increase as well.



In 1849 alone approximately 75,000 adventures made what one historian called” the unspeakable hard journey from the eastern United States to California to search for gold and to create a life for themselves and their families. America was increasingly being loose to confederation of towns, states and regions. The vast railroad network helped bring together for the first time economies and cultures of different parts of the country.



As an indication of the explosive growth of the railroads, 90,000 miles of railroad track had been laid by 1850 and figure tripled by the end of the decade. The railroads were an integral part of the fabric of the United States, serving as more than just a mean of transporting people and goods through out the country: they were helping join together a vast and diverse land in to a unified society.





Dear user get complete report (in soft copy) only in Rs 1000. Just email me at


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Author: Mohammad
Mohammad is the founder of STC Network which offers Web Services and Online Business Solutions to clients around the globe. Read More →

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