Iron Empires

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Iron Empires Page 46

by Michael Hiltzik


  Averell, Mary Williamson. See Harriman, Mary Williamson Averell

  Averell, William H. (Mary Harriman’s father), 141–42

  Averell, William (Mary Harriman’s brother), 143

  Averell, William (Mary Harriman’s cousin), 239

  B

  Bacon, Robert, 278–79, 298, 309, 312, 337

  Baker, George Fisher, 277–78, 297

  Baker, Ray Stannard, 338

  Baltimore & Ohio Railroad, 114, 236, 322, 384n107

  Bancroft, W. H., 195–96

  Banning, William L., 82

  Baring Brothers & Co., 83, 183

  Barnard, George, 50, 96, 98

  Barrett, James, 117

  Bartlett, Leroy, 107

  Baruch, Bernard, 283, 284, 294–95, 301, 310–12, 316–17

  Beckert, Sven, 11–12

  Beecher, Henry Ward, 76, 80

  Belden, William, 96

  Belmont, August, 137

  Berry, J. B., 201–2

  Bierstadt, Albert, 47

  Billings, Frederick, 257

  Bishop, Joseph Bucklin, 334

  Bissell, Wilson S., 225

  Black Friday (1869), 95–96

  black laborers, 218, 222

  black travelers, xx–xxi, 12

  Blaine, James G., 58–59, 60, 62, 81

  BNSF Railway, 366

  Boissevain, A. H., 186

  Bolton, Samuel, Jr., 324

  Bonaparte, Charles J., 348, 350

  Boston, Hartford & Erie Railroad, 26–27

  Boutelle, M. H., 299–300

  Boutwell, George, 83, 94–96

  Bradley Martin Ball, 291–94

  Brady, Mathew, 8

  Brandeis, Louis, 359–61, 369–70

  Brice, Calvin, 186

  Broderick, David, 47

  Brooklyn Rapid Transit Company, 288

  Brooks, James, 62–64

  Brown, Dee, 394n261

  Brown Brothers Harriman, 11, 172, 371

  Bryan, William Jennings, 177, 232, 284, 331

  Bryce, James (Viscount), xiv

  Buchanan, Joseph, 118

  “bucket shops,” 290–91

  Burlington. See Chicago, Burlington & Quincy

  Burlington Northern, 366

  Burroughs, John, 239–40

  Bushnell, Cornelius, 98

  C

  Cable, Ransom Reed, 172–73

  California, railroads and, ix, xvii–xviii, 9–10

  California Development Company, 353–54

  Camden & Amboy Railroad, 3–4, 376n3

  Cameron, Elizabeth, 338, 344

  Campbell, Edward G., 206, 287

  Canada Southern Railroad, 84

  Canfield, Thomas Hawley, 76–77

  Cardozo, Albert, 96

  Cardozo, Benjamin, 96

  Carlyle, Thomas, xii

  Carnegie, Andrew, 351

  Carwardine, William H., 212–13, 215–16, 218

  Cassel, Ernest, 269, 294

  Cassidy, Butch (Parker, Robert Leroy), 203, 204, 390n203

  Central and Southern Pacific, 183

  Central Pacific Railroad Company

  founding, 15

  Harriman and, 249, 251–55, 253

  Morgans’ grand tour, 47

  Mormon laborers, 46

  Southern Pacific and, 244–46, 249, 251–55

  transcontinental railroad, ix, xi, 15, 37, 38, 70, 206

  Union Pacific and, 44, 362–63

  Champaign, Havana & Western, 153

  Chandler, Alfred, xiii, 42, 88, 111, 231, 368, 369

  Chase, Salmon P., 73, 151

  Chernow, Ron, 379n52

  Chesapeake & Ohio, xx–xxi

  Chicago, Burlington & Quincy

  battle for, 268–69, 271, 274–79, 297–99

  Burlington Northern merger, 366

  competition, 268, 269, 270, 272

  Olney and, 225

  Chicago, Illinois, 48, 114, 127

  Chicago, Madison & Northern, 153

  Chicago, Milwaukee & St. Paul, 183, 198–99, 230, 276

  Chicago, St. Louis & Kansas City, 175

  Chicago & Alton, 235–36, 348, 361

  Chicago & Northwestern, 36, 183, 191, 229–30, 276

  Civil War, US

  Adams and fellow officers, 161

  financing, 73–75, 83–84

  labor relations, 111

  monetary supply, 94

  news coverage, 258

  railroads, 15, 151

  Clark, Enoch, 73

  Clark, George, 141

  Clark, Horace F., 66–67, 92

  Claxton, R. Bethell, 76–77

  Clermont (steamship), 4, 5

  Cleveland, Grover, 177, 178, 219, 225, 228, 232

  Clews, Henry, 7, 89, 259, 289–91, 327–28, 377n19

  Colfax, Schuyler, 58–59, 60, 62, 79, 80

  Colorado River restoration, 134, 353–55, 354

  communism, 114–15

  “community of interests,” 159–80

  Morgan’s concept, 157–58, 170

  negotiations, 172–75, 184

  shipping rates, 210–11

  Compromise of 1877, 113–14

  Congress, US. See also political influence of railroads

  Crédit Mobilier scandal, 60–65, 67, 92

  Great Southwest Railroad Strike investigation, 117, 120

  Northern Pacific financing and, 81–82

  Pujo Committee, 206, 358–60

  transcontinental railroad, 68, 70–71

  Union Pacific, 186–87, 190–91

  Consolidated Steel and Wire Company, 286

  Cooke, Eleutheros, 71

  Cooke, Henry, 73–74, 76, 81

  Cooke, Jay, 72

  background, 71–73

  and Civil War financing, 73–75, 83–84

  and Northern Pacific, 67, 71, 72, 75–83

  Ogontz (Cooke mansion), 75, 78–79, 82–84

  and Panic of 1873, 67, 72, 84–85, 90–91

  on upper Midwest, 75–76

  Cooke & Co., 75, 76, 78–79, 83, 85, 168

  Corbin, Abel Rathbone, 94–96

  Corbin, Virginia “Jennie” Grant, 94–95

  “cordage trust,” 175–76

  Corey, Lewis, 329, 371

  Cortelyou, George B., 352

  Coster, Charles, 273

  cotton, 11–12

  Coxey, Jacob, 225–26

  Crazy Horse, 80

  Crédit Mobilier scandal, 56–67

  architect of, 97

  goals, 56, 57–58

  impact of, 65–66, 160

  investigation of, 60–65, 67, 92

  politicians involved, 58–65

  Crerar, John Chippewa, 42–43

  Creswell, John, 59

  Crocker, Charles, 245, 250

  Croffut, W. A.

  on Erie Railroad war, 24, 26, 33

  on Hightstown rail accident, 376n3

  on Vanderbilt, xxii, 6, 9, 16–18, 20

  Crusade for Justice (Wells), xx–xxi

  Cunard, Edward, 24

  “Curb,” 289–90

  Currier & Ives, 30

  Curtiss, Jennie, 212–13, 224, 392n224

  Czolgosz, Leon, 332

  D

  D. C. Hays (Wall Street firm), 136–37

  Daggett, Stuart, 66, 104, 106

  Dall, Caroline Healey, xix

  Dana, Charles A., 60

  Darrow, Clarence, 221, 229–31, 352

  Davis, John P., 186–87

  Day, William Rufus, 362

  Debs, Eugene Victor

  background, 221–22

  Darrow as lawyer for, 230–31

  and Pullman Strike, 221–24, 227, 229–32, 392n231

  Theodore Roosevelt on, 352

  Delaware & Hudson Railroad, 52, 323

  Denver & South Park Railroad, 163

  Denver Pacific Railroad, 103–5

  Depew, Chauncey, 190, 191, 284

  Dexter, F. Gordon, 104

  Dillon, Sidney, 92–93, 104, 106, 126
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  Dodge, Grenville, 186, 194, 249

  Doty, Duane, 216

  Douglas, Stephen A., 146, 258

  Douglass, Frederick, 12

  Drew, Daniel, 8

  business model, xv, 7, 26, 369

  character traits, 7, 140, 369

  death, 101, 283

  and Erie Railroad, 11, 23, 24, 26–27, 29–33, 35

  Kenyon, Cox & Co., 84

  and New York Central, 20, 377n19

  as steamship entrepreneur, 5–9, 20

  Vanderbilt and, xv, 5–7, 19–21, 29, 33, 377n19

  as Wall Street manipulator, 7–9, 19–20, 26, 377n19

  Drexel, Anthony, 81, 83

  Drexel, Morgan & Co., 156, 170, 172

  Dubuque & Sioux City Railroad, 154–58

  Duncan, Sherman & Co., 41

  Dunne, Peter, 326

  Durant, Thomas C., 38, 97–98

  E

  Edmunds, George F., 164

  Eggert, Gerald G., 226

  Ehrhart, Samuel, cartoon by, 351

  Elder (steamship). See George W. Elder

  election (1872), 45, 55–56, 60

  election (1876), 83, 113–14

  election (1892), 177

  election (1896), 177, 232, 284, 331

  election (1900), 177, 232, 296, 331

  election (1904), 343–44, 345

  election (1908), 177

  Ellis, Charles, 302

  Ely, Richard T., 212, 217, 218

  emigrants, as passengers, ix–x

  employees. See labor relations; railroad personnel

  Engels, Friedrich, 114–15

  enslaved people, 12

  Erie Canal, 10

  Erie Railroad

  Albany & Susquehanna and, 49–51

  design, 11, 22, 23, 24, 149

  Erie Railroad war, 26–35, 30, 378n33

  finances, 11, 22–24, 26, 33–34, 355–56

  Gould and, 11, 23, 26–35, 48–49, 93–94, 378n33

  Harriman and, 355–56

  map (1855), 25

  Morgan and, 178–80, 355

  New York Central and, 24, 26

  stock trading, 322

  suppressing competition, 48–49

  Evans, John, 163

  F

  Fahnestock, Harris C., 78, 82, 85

  Fair, Virginia, 307

  Familistère, Guise, France, 214

  Field, Cyrus, 102, 166

  Fink, Albert, 369

  Fish, Stuyvesant, 142–45, 144, 150–54, 361

  Fish, Mrs. Stuyvesant, 142

  Fisk, Jim

  and Albany & Susquehanna, 49–52

  and Boston, Hartford & Erie, 26–27

  character traits, 28–29, 369

  death, 101, 283

  and Erie Railroad, 11, 25, 26–35, 30, 48–51

  gold speculation, 28, 59, 95–97, 139, 386n137

  Grant and, 59

  physical appearance, 28, 28, 29, 52

  public opinion concerning, 49–50

  and Union Pacific, 97–99

  Fleming, Robert, 287–88

  Flower, Roswell Pettibone, 288, 319

  Fort Taylor, siege of, 28, 31–33

  Fowler, William Worthington, 17–20, 26, 289

  Franco-Prussian War, 78–79, 81, 115

  Frick, Henry Clay, 329, 345

  Fulton, Robert, 4

  G

  Gainsborough, Thomas, 292, 296–97

  Gallamore, Robert E., 366, 367

  Gannett, Henry, 242

  Garfield, James A., 59, 60, 62, 150, 260

  Gates, John W. “Bet-a-Million,” 203, 236, 242–44, 284–86, 320

  gauge standards, 22, 43

  General Managers’ Association (GMA), 223, 226, 230

  George, Charles B., 112

  George, Henry, xvii–xviii, 229

  George W. Elder (steamship), 237, 237–42

  Gerolt, Baron von, 78

  Gibbons, Thomas, 4–5

  The Gilded Age (Twain and Warner), xiv, 88–89

  GMA (General Managers’ Association), 223, 226, 230

  Godin, Jean Baptiste André, 214

  golden spike, ix, xi, 37, 38

  Gold Exchange, 96

  gold market

  gold crash (1869), 95–97, 139, 386n137

  Panic of 1893, 176–77

  speculation in, 28, 52, 59, 93–97, 139, 386n137

  gold rush, 9–10

  gold standard, 176–77, 284

  Goodwin, James, 49

  Goodwin, Mary, 39, 44, 46, 49

  Gould, George, 183, 185, 187–88, 275, 345

  Gould, Jay

  Adams and, 181–84

  and Albany & Susquehanna, 49–50, 52–53

  and Boston, Hartford & Erie, 26–27

  business acumen, 101–2

  business model, xv, 48–49, 53, 92, 93, 116, 126–27

  character traits, xxi, 27–29, 53, 93, 102, 369

  and Chicago & Northwestern, 36

  “community of interest,” 172–73, 184

  death, 172, 185, 283

  and Erie Railroad, 11, 23, 26–35, 48–49, 93–94, 378n33

  Fisk Raid and, 99

  gold speculation, 28, 52, 59, 93–97, 139, 386n137

  Grant and, 59, 94–96

  Great Southwest Railroad Strike, 107–8, 121–28

  introduction, xii, xv, xvi, xxi

  and Kansas Pacific Railroad, 102–5, 383n102

  labor relations, 116–27

  legacy, 369–70

  Missouri Pacific, 116

  Morgan and, 53, 171, 184–85

  New York, West Shore & Buffalo, 168

  New York Central, 166

  Pacific Mail (steamship line), 183

  Panic of 1873, 91

  physical appearance, 27, 27

  public opinion concerning, 49–50

  receivership of railroads, 116, 117

  Stockwell and, 140

  transcontinental railroad lines, 206

  and Union Pacific, 67, 91–93, 97, 99–106, 160, 163, 181–85, 197, 384n105

  Vanderbilts and, 36–37, 168

  Wabash syndicate, 166

  Western Union Telegraph Company, 91

  Grant, James, 286

  Grant, Jesse, 84

  Grant, Ulysses S.

  administration, 142

  Cooke and, 75, 84–85

  elections, 45, 55, 60, 83

  Gould and, 59, 94–96

  monetary policy, 94–96

  Northern Pacific and, 261, 394n261

  Panic of 1873, 84–85, 87–88

  scandals, 59, 64

  Grant, Virginia “Jennie,” 94–95

  Great Depression (1930s), 86, 87–88

  great man theory, xii

  Great Northern Railway

  Burlington Northern merger, 366

  business model, 265–67

  Chicago, Burlington & Quincy, 275–79, 297–98

  competition, 264, 268–69, 276

  control of, 303–4

  Hill’s creation of, 265

  Northern Pacific and, 270, 303–4, 336

  Oregon Railroad & Navigation Company, 273–74

  railroad peace treaties, 256, 273–74

  strike (1894), 222, 226

  Great Salt Lake, 252–54, 253

  Great Southwest Railroad Strike (1886), 107–8, 117, 120, 122–28, 221–22

  Greeley, Horace, 55, 60, 79–80, 258, 262

  Green, Ashbel, 169–70

  Green, Hetty, 290

  Gresham, Walter Q., 225

  Gresham’s law, 177

  Grinnell, George B., 242

  Grodinsky, Julius, 92–93, 103, 185, 267

  Grosvenor, William Mason, 115

  Gunton, George, 292–93

  H

  Hall, Charles, 108, 120, 122

  Hancock, Winfield Scott, 80

  Hanna, Mark, 333

  Harlan, John Marshall, 340

  Harlem Railroad, 15–20, 23, 377n19. See also New York & Harlem Railroad


  Harriman, Averell, 11, 239, 241–42, 308 n, 371

  Harriman, Cornelia (Edward Harriman’s daughter), 194, 239

  Harriman, Cornelia Neilsen (Edward Harriman’s mother), 135–36

  Harriman, Edward H. “Ned,” 357

  Alaska expedition, 132, 234–42, 237

  background, 131–32, 136, 140–41

  and Baltimore & Ohio Railroad, 236

  Brandeis on, 361

  business acumen, 132, 137, 138, 153, 154

  business model, xv, 132, 139, 143, 145, 196, 205, 206, 369

  and Central Pacific Railroad, 249, 251–55, 253

  character traits, xxii, 132, 136–39, 141, 156, 193, 195–96, 205–6, 237, 272

  and Chicago, Burlington & Quincy, 274–79, 298, 301

  and Chicago & Alton, 235–36, 348, 361

  at D. C. Hays, 136–37

  death, 356–57

 

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