The Railroad Builders; a chronicle of the welding of the states by John Moody
page 23 of 174 (13%)
page 23 of 174 (13%)
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within a year or two after his marriage, and with this capital he
began his career in the transportation business. From his first ferrying project he engaged in other undertakings and laid the foundation of his subsequent fortune in steamboat navigation. About 1860, at an age when most men are beginning to retire from active affairs, the "Commodore"--as he was called on account of his numerous fleet--entered actively into the field of railway development, management, and consolidation. The extraordinary character and genius of the man are well depicted by the events of the years that followed. Before the opening of the Civil War and until immediately after its end, the New York Central and the Erie systems were controlled by bitterly antagonistic interests. These interests were beginning to foresee the day when extremely aggressive competition would call into play their greatest energies. Vanderbilt, wiser than his generation, foresaw more than this. His vision took in the vast future values of the properties as developed trunk lines, and the greater possibilities of their control and operation as a consolidated whole. He was in a very real sense the forerunner or pioneer of the great consolidation period of a half century later. He was the Harriman and the Hill of his day. The Erie had its own approach to New York City, but the New York Central was connected with the metropolis only by the river and the two independent roads--the Harlem Railroad and the Hudson River Railroad. To get the latter two roads under his complete control was Vanderbilt's first object. He would then have unimpeded access to New York and so become independent of the |
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