The Bay State Monthly — Volume 2, No. 4, January, 1885 by Various
page 23 of 125 (18%)
page 23 of 125 (18%)
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million of dollars or more of legacies, and had still a large surplus to
divide among the heirs. As a business man his sagacity seems almost intuitive. As an illustration of this, his work in developing the Central Branch of the Union Pacific Railroad may be instanced, a work which at the same time gave him high rank as a railroad manager. At the time he connected himself with the undertaking, only the first hundred miles of the road were in running order. He first made a thorough personal investigation of the proposed line, and satisfying himself as to its capabilities for business, he pushed the enterprise through to completion, building two hundred and sixty miles of road, and fully equipping it for operation. His judgment, which at the time was somewhat questioned by other experienced railroad managers and financiers, was fully justified by the result, which was a complete financial success. One of the most impressive traits in the character of Oliver Ames is his veneration for the memory of his distinguished father. He fully believes that the hastily and unjustly formed verdict of censure pronounced upon Oakes Ames, both by public opinion and by the United States House of Representatives, will ere long be reversed, and that his memory will be honored by the country, as it so justly deserves. Indeed he has already had the gratification of seeing this verdict reversed, so far as public opinion is concerned; and it only remains for Congress to remove its undeserved vote of censure, for Oakes Ames to take his appropriate and honored place in American history. There is little doubt that Mr. Ames will yet see this ambition of his life realized. As to this censure, Massachusetts, where Oakes Ames was best known and appreciated, has spoken through her Legislature by the following resolution, which unanimously passed both House and Senate in the spring of 1883: |
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