Railroad Tycoon

Railroad Tycoon
Author: George Kennan
Publisher: BIG BYTE BOOKS
Total Pages: 539
Release: 2014-11-20
Genre: Transportation
ISBN:

By any account, Edward Henry Harriman was a fascinating individual and a titan of the railroad industry. What Rockefeller was to oil, Harriman was to railroads. By his death Harriman controlled the Union Pacific, the Southern Pacific, the Saint Joseph and Grand Island, the Illinois Central, the Central of Georgia, the Pacific Mail Steamship Company, and the Wells Fargo Express Company. Even by today's standards, he was a fabulously wealthy and powerful individual. In this long out of print biography of Harriman, author Kenan (cousin to the younger George Kennan) reveals the intricate power-plays that resulted in Harriman's control of properties and vast interests. He was interested in science and even learned ju-jitsu after a trip to Japan. Naturalist John Muir said of Harriman that he was worthy of admiration in almost every way. For the first time, Vol. I and II of this long out-of-print book are available together in an affordable, well-formatted edition for e-readers and smartphones. Be sure to LOOK INSIDE or download a sample. Excerpt: "One day [says Mr. Kruttschnitt] I was walking with Mr. Harriman on the road. He noticed a track bolt and asked me why so much of the bolt should protrude beyond the nut. I replied, " It is the size which is generally used." He said, "Why should we use a bolt of such a length that a part of it is useless?" I replied, " Well, when you come right down to it, there is no reason." We walked along and he asked me how many track bolts there were to a mile of track, and I told him. Thereupon he remarked, "Well, in the Union Pacific and Southern Pacific we have about eighteen thousand miles of track and there must be some fifty million track bolts in our system. If you can cut an ounce off from every bolt, you will save fifty million ounces of iron, and that is something worth while. Change your bolt standard."

The Life and Legend of E. H. Harriman

The Life and Legend of E. H. Harriman
Author: Maury Klein
Publisher: Univ of North Carolina Press
Total Pages: 536
Release: 2003-06-19
Genre: Business & Economics
ISBN: 0807860778

To Americans living in the early twentieth century, E. H. Harriman was as familiar a name as J. P. Morgan, John D. Rockefeller, and Andrew Carnegie. Like his fellow businessmen, Harriman (1847-1909) had become the symbol for an entire industry: Morgan stood for banking, Rockefeller for oil, Carnegie for iron and steel, and Harriman for railroads. Here, Maury Klein offers the first in-depth biography in more than seventy-five years of this influential yet surprisingly understudied figure. A Wall Street banker until age fifty, Harriman catapulted into the railroad arena in 1897, gaining control of the Union Pacific Railroad as it emerged from bankruptcy and successfully modernizing every aspect of its operation. He went on to expand his empire by acquiring large stakes in other railroads, including the Southern Pacific and the Baltimore and Ohio, in the process clashing with such foes as James J. Hill, J. P. Morgan, and Theodore Roosevelt. With its new insights into the myths and controversies that surround Harriman's career, this book reasserts his legacy as one of the great turn-of-the-century business titans. Originally published 2000. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.

Harriman vs. Hill

Harriman vs. Hill
Author: Larry Haeg
Publisher: U of Minnesota Press
Total Pages: 452
Release: 2013-10-01
Genre: Transportation
ISBN: 145293990X

In 1901, the Northern Pacific was an unlikely prize: a twice-bankrupt construction of the federal government, it was a two-bit railroad (literally—five years back, its stock traded for twenty-five cents a share). But it was also a key to connecting eastern markets through Chicago to the rising West. Two titans of American railroads set their sights on it: James J. Hill, head of the Great Northern and largest individual shareholder of the Northern Pacific, and Edward Harriman, head of the Union Pacific and the Southern Pacific. The subsequent contest was unprecedented in the history of American enterprise, pitting not only Hill against Harriman but also Big Oil against Big Steel and J. P. Morgan against the Rockefellers, with a supporting cast of enough wealthy investors to fill the ballroom of the Waldorf Astoria. The story, told here in full for the first time, transports us to the New York Stock Exchange during the unfolding of the earliest modern-day stock market panic. Harriman vs. Hill re-creates the drama of four tumultuous days in May 1901, when the common stock of the Northern Pacific rocketed from one hundred ten dollars a share to one thousand in a mere seventeen hours of trading—the result of an inadvertent “corner” caused by the opposing forces. Panic followed and then, in short order, a calamity for the “shorts,” a compromise, the near-collapse of Wall Street brokerages and banks, the most precipitous decline ever in American stock values, and the fastest recovery. Larry Haeg brings to life the ensuing stalemate and truce, which led to the forming of a holding company, briefly the biggest railroad combine in American history, and the U.S. Supreme Court ruling against the deal, launching the reputation of Justice Oliver Wendell Holmes as the “great dissenter” and President Theodore Roosevelt as the “trust buster.” The forces of competition and combination, unfettered growth, government regulation, and corporate ambition—all the elements of American business at its best and worst—come into play in the account of this epic battle, whose effects echo through our economy to this day.

The Harriman Alaska Expedition Retraced

The Harriman Alaska Expedition Retraced
Author: Thomas S. Litwin
Publisher: Rutgers University Press
Total Pages: 374
Release: 2005
Genre: History
ISBN: 9780813535050

"Following the ship's route, the book addresses wilderness conservation biology and ecology, American history, natural history and anthropology, and travel and exploration."--Jacket.

E. H. Harriman

E. H. Harriman
Author: George Kennan
Publisher: Legare Street Press
Total Pages: 0
Release: 2022-10-27
Genre:
ISBN: 9781016541787

The History of the American West Collection is a unique project that provides opportunities for researchers and new readers to easily access and explore works which have previously only been available on library shelves. The Collection brings to life pre-1923 titles focusing on a wide range of topics and experiences in US Western history. From the initial westward migration, to exploration and development of the American West to daily life in the West and intimate pictures of the people who inhabited it, this collection offers American West enthusiasts a new glimpse at some forgotten treasures of American culture. Encompassing genres such as poetry, fiction, nonfiction, tourist guides, biographies and drama, this collection provides a new window to the legend and realities of the American West.

Looking Far North

Looking Far North
Author: William H. Goetzmann
Publisher: New York : Viking
Total Pages: 286
Release: 1982
Genre: Nature
ISBN:

A note on the sources:p.213-9.

Inside Money

Inside Money
Author: Zachary Karabell
Publisher: Penguin
Total Pages: 457
Release: 2021-05-18
Genre: Business & Economics
ISBN: 0698197968

A sweeping history of the legendary private investment firm Brown Brothers Harriman, exploring its central role in the story of American wealth and its rise to global power Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the nineteenth century, when America was convulsed by a devastating financial panic essentially every twenty years, Brown Brothers quietly went from strength to strength, propping up the U.S. financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steamship to the railroad, while largely managing to avoid the unwelcome attention that plagued some of its competitors. By the turn of the twentieth century, Brown Brothers was unquestionably at the heart of what was meant by an American Establishment. As America's reach extended beyond its shores, Brown Brothers worked hand in glove with the State Department, notably in Nicaragua in the early twentieth century, where the firm essentially took over the country's economy. To the Brown family, the virtue of their dealings was a given; their form of muscular Protestantism, forged on the playing fields of Groton and Yale, was the acme of civilization, and it was their duty to import that civilization to the world. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the global stage during World War II and thereafter, as its partners served at the highest levels of government to shape the international system that defines the world to this day. In Inside Money, acclaimed historian, commentator, and former financial executive Zachary Karabell offers the first full and frank look inside this institution against the backdrop of American history. Blessed with complete access to the company's archives, as well as a thrilling understanding of the larger forces at play, Karabell has created an X-ray of American power--financial, political, cultural--as it has evolved from the early 1800s to the present. Today, unlike many of its competitors, Brown Brothers Harriman remains a private partnership and a beacon of sustainable capitalism, having forgone the heady speculative upsides of the past thirty years but also having avoided any role in the devastating downsides. The firm is no longer in the command capsule of the American economy, but, arguably, that is to its credit. If its partners cleaved to any one adage over the generations, it is that a relentless pursuit of more can destroy more than it creates.

Edward Henry Harriman

Edward Henry Harriman
Author: John Muir
Publisher: Legare Street Press
Total Pages: 0
Release: 2022-10-27
Genre: History
ISBN: 9781015715912

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