By Maury Klein
To american citizens dwelling within the early 20th century, E. H. Harriman was once as wide-spread a reputation as J. P. Morgan, John D. Rockefeller, and Andrew Carnegie. Like his fellow businessmen, Harriman (1847-1909) had turn into the logo for a complete undefined: Morgan stood for banking, Rockefeller for oil, Carnegie for iron and metal, and Harriman for railroads. the following, Maury Klein bargains the 1st in-depth biography in additional than seventy-five years of this influential but strangely understudied determine.
A Wall highway banker till age fifty, Harriman catapulted into the railroad area in 1897, gaining keep an eye on of the Union Pacific Railroad because it emerged from financial ruin and effectively modernizing each point of its operation. He went directly to extend his empire via buying huge stakes in different railroads, together with the Southern Pacific and the Baltimore and Ohio, within the approach clashing with such foes as James J. Hill, J. P. Morgan, and Theodore Roosevelt.
With its new insights into the myths and controversies that encompass Harriman's occupation, this ebook reasserts his legacy as one of many nice turn-of-the-century company titans.
Originally released 2000.
A UNC Press Enduring version -- UNC Press Enduring versions use the newest in electronic know-how to make to be had back books from our amazing backlist that have been formerly out of print. those variants are released unaltered from the unique, and are provided in reasonable paperback codecs, bringing readers either historic and cultural value.
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Friends advised leaving an ugly pot unstirred, but Kennan disagreed. ∏≥ In August 1920 Kennan ﬁnally surrendered his New York apartment and moved back to Medina with all his material. His pace of writing had picked up during the past year despite severe attacks of diarrhea that left him weak and dispirited. Time had begun to work against him in several respects. Schi√ died in September 1920, having lived long enough to critique Kennan’s account of the Northern Paciﬁc ﬁght but not the dissolution of Northern Securities.
But Edward also had his own drug import company to run, and Orlando proved as inept in business as he had in managing his own a√airs. ∞≥ The search brought him two churches. So wretched was the pay at these small parishes that Orlando was obliged to take both, preaching at Clairemont in the morning and walking to West Hoboken every Sunday afternoon. After he had served for seven years, the West Hoboken church owed him nearly two years’ back salary. ∞∂ The pattern of Orlando’s life had become painfully clear.
Time would prove her judgment to be thoroughly sound. The original three-year time limit was forgotten as the project grew larger. When Kennan found that he had underestimated the cost of living in New York and was struggling to make ends meet, Mary picked up the rent on the Fifth Avenue apartment so he could work undisturbed. ∑∂ Personally she began to treat Kennan as if he were an old family friend. In January 1917 she received him for the ﬁrst time in an upstairs room of her town house that Kennan found far more pleasant than the cold downstairs parlors.
The Life and Legend of E. H. Harriman by Maury Klein