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Author: Maury Klein
Publisher: Univ of North Carolina Press
ISBN: 0807860778
Category : Business & Economics
Languages : en
Pages : 536
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Book Description
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.
Author: Maury Klein
Publisher: Univ of North Carolina Press
ISBN: 0807860778
Category : Business & Economics
Languages : en
Pages : 536
Get Book Here
Book Description
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.
Author: John J. Michalik
Publisher: McFarland
ISBN: 1476684235
Category : History
Languages : en
Pages : 281
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Book Description
In 1899, one of America's wealthiest men assembled an interdisciplinary team of experts--many of whom would become legendary in their fields--to join him, entirely at his expense, on a voyage to the largely unknown territory of Alaska. The Harriman Expedition remains unparalleled in its conception and execution. This book follows the team closely: where they went, what they did, and what they learned--including finding early evidence of glacial retreat, assessing the nature and future of Alaska's natural resources, making important scientific discoveries, and collecting an astonishing collection of specimens. A second thread involves the lives and accomplishments of the members of the party, weaving biographical strands into the narrative of the journey and the personal experiences they shared. This is the first comprehensive, scholarly treatment of the Harriman Alaska Expedition since the 1980s. It features the diaries, letters home, and post-Expedition writings, including unpublished autobiographies, generated by the members of the party.
Author: George Kennan
Publisher: BIG BYTE BOOKS
ISBN:
Category : Transportation
Languages : en
Pages : 539
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Book Description
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."
Author: Patricia Beard
Publisher: Xlibris Corporation
ISBN: 1664175423
Category : Fiction
Languages : en
Pages : 346
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Book Description
Set in 1905, against a backdrop of magnificence, excess and corrupting glamour, After the Ball's themes are stunningly fresh: greed and chicanery, flawed love between fathers and sons, and contradictory American attitudes about wealth. Glamorous, cultured and ambitious - but fatally young and naïve - James Hazen Hyde was twenty-three when he inherited the majority shares in the billion-dollar Equitable Life Assurance Society in 1899. Five years later, at the pinnacle of social and financial success, he made a fatal miscalculation, and set in motion the first great Wall Street scandal of the twentieth century. On the last night of January 1905, Hyde gave one of the most fabulous balls of the Gilded Age. Falsely accused of charging the party to his company, he was sucked into a maelstrom of allegations of corporate malfeasance that involved the era's most famous financiers and industrialists. “Wonderfully foreboding...exactly on pitch...a textured and compelling tragedy”—USA Today
Author: Zachary Karabell
Publisher: Penguin
ISBN: 0698197968
Category : Business & Economics
Languages : en
Pages : 457
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Book Description
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.
Author: John M. Dobson
Publisher: Bloomsbury Publishing USA
ISBN: 1851095586
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
An intriguing collection of insider information on little known aspects of commonly used business techniques, instruments, policies, and personalities that influenced the rise of the world's most successful business system. Bulls, Bears, Boom, and Bust: A Historical Encyclopedia of American Business Concepts translates the language of business in an engaging, compelling way. From mercantilism to microchips, indentured servants to venture capitalists, William Penn to Bill Gates, this one-of-a-kind lexicon provides general readers with an accessible introduction to the vernacular of the American business community, while providing business professionals with a handy resource for quick authoritative answers. Divided into five chronological sections, Bulls, Bears, Boom, and Bust ranges from colonial times to the present, charting the dramatic history of business innovations and institutions in the United States. It contains over 200 topical entries that define business-related terms and explain their relevance to American business and economic history. In addition, each section provides information about the people behind the signature developments in American business (innovative thinkers and entrepreneurs, namesakes of familiar companies, key political figures).
Author: John W. Lundin
Publisher: Arcadia Publishing
ISBN: 1467143936
Category : History
Languages : en
Pages : 528
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Book Description
Union Pacific Railroad's Averell Harriman had a bold vision to restore rail passenger traffic decimated by the Great Depression: create ski tourism in Idaho's remote Wood River Valley. A $1.5 million investment opened Sun Valley in December 1936 with a lavish lodge, luxury shopping, Austrian ski instructors and extensive backcountry skiing. Prestigious tournaments featured the world's best skiers. Chairlifts invented by Union Pacific engineers serviced skiers quickly and comfortably. Ski instructor and filmmaker Otto Lang recalled that seemingly overnight, it became "a magnet for the 'beautiful people,' a meeting place for movie stars and moguls, chairmen and captains of industry, Greek shipping tycoons, and peripatetic playboys--and playgirls--of the international social set." After World War II and Harriman's departure, Union Pacific's willingness to pay the $500,000 yearly subsidy waned. Bill Janss purchased it in 1964 and reimagined it as a year-round resort but lacked the capital for growth. Sinclair Oil owners Earl and Carol Holding acquired it in 1977, revitalizing it into a premier resort with international status. Award-winning ski historian John W. Lundin celebrates America's first destination ski resort using unpublished Union Pacific documents, oral histories, contemporaneous accounts and more than 150 historic images.
Author: Richard F. Hamilton
Publisher: Routledge
ISBN: 1351496921
Category : Political Science
Languages : en
Pages : 301
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Book Description
This second volume of President McKinley, War and Empire assesses five theories that have dominated analysis of modern societies in the last century--liberalism, Marxism, mass society, pluralism, and elitism--in accounting for an aberrant event in American history: the Spanish-American War. President McKinley and the Coming of the War 1898, volume 1 of this definitive history, considered the origins of that war. This second volume is concerned with the war's outcome; the settlement in which the U.S. gained an "empire." The book begins by reviewing various expansionist episodes in U.S. history--some successes, some failures--and by analyzing the complexities, support, and opposition involved in expansionism. It then examines the work of expansionist writers, men said to have "driven" the 1898-99 movement, finding these claims to be questionable. Hamilton assesses McKinley's decision-making in regard to the settlement of the Spanish-American War, including the influences that might have moved him, as well as his own justifications. He then reviews the subsequent achievements: the size and character of the new American "empire;" trade flows the Philippine experience and U.S. efforts in China--supposedly the prime goal of the new imperialism. Many contemporary writers anticipated great possibilities in China, but that "fabled" market remained minuscule throughout the following century. Much American trade continued to be with Western Europe, while the biggest change in U.S. exports went largely unnoticed--Canada became the nation's number one trading partner. In much historical writing, McKinley is portrayed as little more than a "front man" for Mark Hanna, the adept businessman-politician who organized and led his presidential campaign, aided by generous financial contributions from business leaders across the nation. Hanna certainly was a leading figure in McKinley's career, but the assumption that his influence was controlling is not justified, as has been shown in recent research. McKinley was far more than a figurehead easily manipulated by representatives of "the interests."
Author: James Tobin
Publisher: Simon and Schuster
ISBN: 0743214765
Category : History
Languages : en
Pages : 501
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Book Description
Since the earliest days of the republic, great engineering projects have shaped American landscapes and expressed American dreams. The ambition to build lies as close to the nation's heart as the belief in liberty. We live in a built civilization, connected one to another in an enormous web of technology. Yet we have all too often overlooked the role of engineers and builders in American history. With glorious photographs and epic narrative sweep, Great Projects at last gives their story the prominence it deserves. Each of the eight projects featured in this masterful narrative was a milestone in its own right: the flood-control works of the lower Mississippi, Hoover Dam, Edison's lighting system, the spread of electricity across the nation, the great Croton Aqueduct, the bridges of New York City, Boston's revamped street system, known as the Big Dig, and the ever-evolving communica- tions network called the Internet. Each project arose from a heroic vision. Each encountered obstacles. Each reveals a tale of genius and perseverance. James Tobin, winner of a National Book Critics Circle Award, explains the four essential tasks of the engineer: to protect people from the destructive force of water while harnessing it for the enormous good it can do; to provide people with electricity, the motive force of modern life; to make great cities habitable and vital; and to create the pathways that connect place to place and person to person. Tobin focuses on the indi- viduals behind our greatest structures of earth and concrete and steel: James Buchanan Eads, who walked on the floor of the Mississippi to learn the river's secrets; Arthur Powell Davis and Frank Crowe, who imagined a dam that could transform the West; Thomas Edison, who envisioned a new way to light the world; Samuel Insull, the organizational mastermind of the electrical revolution; the long-forgotten John Bloomfield Jervis, who assured New York's future with the gift of clean water; Othmar Ammann, the modest Swiss-American who fought his mentor to become the first engineer to bridge the lower Hudson River; Fred Salvucci, the antihighway rebel who transformed the face of Boston; and J.C.R. Licklider, the obscure scientist who first imagined the Internet. Here, too, are the workers who scorned hardship to turn the engineers' dreams into reality, deep underground and high in the sky, through cold and heat and danger. In Great Projects -- soon to be a major PBS television series by the Emmy Award-winning Great Projects Film Company -- we share their dreams and witness their struggles; we watch them create the modern world we walk through each day -- the "city upon a hill" that became our America.
Author: Daniel Okrent
Publisher: Scribner
ISBN: 1476798052
Category : History
Languages : en
Pages : 496
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Book Description
NAMED ONE OF THE “100 NOTABLE BOOKS OF THE YEAR” BY THE NEW YORK TIMES BOOK REVIEW From the widely celebrated New York Times bestselling author of Last Call—this “rigorously historical” (The Washington Post) and timely account of how the rise of eugenics helped America keep out “inferiors” in the 1920s is “a sobering, valuable contribution to discussions about immigration” (Booklist). A forgotten, dark chapter of American history with implications for the current day, The Guarded Gate tells the story of the scientists who argued that certain nationalities were inherently inferior, providing the intellectual justification for the harshest immigration law in American history. Brandished by the upper class Bostonians and New Yorkers—many of them progressives—who led the anti-immigration movement, the eugenic arguments helped keep hundreds of thousands of Jews, Italians, and other unwanted groups out of the US for more than forty years. Over five years in the writing, The Guarded Gate tells the complete story from its beginning in 1895, when Henry Cabot Lodge and other Boston Brahmins launched their anti-immigrant campaign. In 1921, Vice President Calvin Coolidge declared that “biological laws” had proven the inferiority of southern and eastern Europeans; the restrictive law was enacted three years later. In his trademark lively and authoritative style, Okrent brings to life the rich cast of characters from this time, including Lodge’s closest friend, Theodore Roosevelt; Charles Darwin’s first cousin, Francis Galton, the idiosyncratic polymath who gave life to eugenics; the fabulously wealthy and profoundly bigoted Madison Grant, founder of the Bronx Zoo, and his best friend, H. Fairfield Osborn, director of the American Museum of Natural History; Margaret Sanger, who saw eugenics as a sensible adjunct to her birth control campaign; and Maxwell Perkins, the celebrated editor of Hemingway and Fitzgerald. A work of history relevant for today, The Guarded Gate is “a masterful, sobering, thoughtful, and necessary book” that painstakingly connects the American eugenicists to the rise of Nazism, and shows how their beliefs found fertile soil in the minds of citizens and leaders both here and abroad.
