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Author: Balthasar Henry Meyer
Publisher:
ISBN:
Category :
Languages : en
Pages : 152
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Author: Balthasar Henry Meyer
Publisher:
ISBN:
Category :
Languages : en
Pages : 152
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Book Description
Author: Susan Berfield
Publisher: Bloomsbury Publishing USA
ISBN: 1635572479
Category : History
Languages : en
Pages : 417
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Book Description
A riveting narrative of Wall Street buccaneering, political intrigue, and two of American history's most colossal characters, struggling for mastery in an era of social upheaval and rampant inequality. It seemed like no force in the world could slow J. P. Morgan's drive to power. In the summer of 1901, the financier was assembling his next mega-deal: Northern Securities, an enterprise that would affirm his dominance in America's most important industry-the railroads. Then, a bullet from an anarchist's gun put an end to the business-friendly presidency of William McKinley. A new chief executive bounded into office: Theodore Roosevelt. He was convinced that as big business got bigger, the government had to check the influence of the wealthiest or the country would inch ever closer to collapse. By March 1902, battle lines were drawn: the government sued Northern Securities for antitrust violations. But as the case ramped up, the coal miners' union went on strike and the anthracite pits that fueled Morgan's trains and heated the homes of Roosevelt's citizens went silent. With millions of dollars on the line, winter bearing down, and revolution in the air, it was a crisis that neither man alone could solve. Richly detailed and propulsively told, The Hour of Fate is the gripping story of a banker and a president thrown together in the crucible of national emergency even as they fought in court. The outcome of the strike and the case would change the course of our history. Today, as the country again asks whether saving democracy means taming capital, the lessons of Roosevelt and Morgan's time are more urgent than ever. Winner of the 2021 Theodore Roosevelt Association Book Prize Finalist for the Presidential Leadership Book Award
Author: Balthasar Henry Meyer
Publisher:
ISBN:
Category :
Languages : en
Pages : 152
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Book Description
Author: William Letwin
Publisher: University of Chicago Press
ISBN: 9780226473536
Category : Law
Languages : en
Pages : 320
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Book Description
William Letwin's thorough, carefully argued, and elegantly written work is the only book length study of the Sherman Antitrust Act, a law designed to shape the economic life of a large complex society through maintaining the "correct" level of competition in the economy. This is a superb history and complete analysis of the Act, from its English and American common law antecedents to the events that led to the first revisions of the Act in the form of the Clayton Antitrust and Federal Trade Commission Acts.
Author: nelsom trottman
Publisher:
ISBN:
Category :
Languages : en
Pages : 506
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Author: Nelson Smith Trottman
Publisher:
ISBN:
Category : Pacific railroads
Languages : en
Pages : 428
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Book Description
Author: Larry Haeg
Publisher: U of Minnesota Press
ISBN: 145293990X
Category : Transportation
Languages : en
Pages : 452
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Book Description
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.
Author: Winifred G. Helmes
Publisher: U of Minnesota Press
ISBN: 1452910499
Category : Biography & Autobiography
Languages : en
Pages : 336
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Book Description
John A. Johnson was first published in 1949. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions. The first native-born governor of Minnesota, and the only Democrat to have been elected to that office three times, was also the first Minnesotan to have a presidential nomination within his grasp. This study of a man who was, perhaps, the state's most beloved chief executive is a warm, fast-moving personal biography and an engrossing piece of political history. The issues, personalities, shifting political currents, and party cleavages, state and national, of the early 1900s live again in the full recounting of the political campaigns of that era. One chapter is devoted to the 1908 Democratic National Convention at which Johnson's name was place in nomination for the presidency—the convention which chose William Jennings Bryan as its standard-bearer for the third and last time. Johnson was a man of buoyant spirit and great personal charm, and the story of his life again dramatizes the American tradition that by force of character a man can lift himself from the humblest beginnings. At the time of his death in 1909 the warships in New York harbor dropped their flags to half-mast, and hundreds of memorial services were held throughout the nation. Many believed that, had he lived, Johnson would have won the presidential nomination and election in 1912.
Author: Winifred Helmes
Publisher: U of Minnesota Press
ISBN: 0816600546
Category :
Languages : en
Pages : 336
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Book Description
The first native-born governor of Minnesota, and the only Democrat to have been elected to that office three times, was also the first Minnesotan to have a presidential nomination within his grasp. This study of a man who was, perhaps, the state?s most b.
Author: William Watts Folwell
Publisher:
ISBN:
Category : Minnesota
Languages : en
Pages : 670
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