Link Harvest: British Railway Mania
An extremely detailed analysis of the British railway manias of the 1820s, 30s and 40s and how the modest success of rail investments from the 1820s and 1830s created a far more disastrous bubble in the 1840s.
http://www.dtc.umn.edu/~odlyzko/doc/hallucinations.pdf
http://www.dtc.umn.edu/~odlyzko/doc/hallucinations.pdf