Download or read book Harriman vs Hill written by Larry Haeg and published by U of Minnesota Press. This book was released on 2013-10-01 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book James J Hill written by Michael P. Malone and published by University of Oklahoma Press. This book was released on 2013-06-14 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, Michael P. Malone provides a succinct interpretive biography of James J. Hill, the "Empire Builder"-so called for his work in developing the region of the United States between the Great Lakes and the Pacific Northwest. Malone explores Hill’s complex life and personality, his activities and interests, and recreates both the story of the railroad race to the Pacific and the complex interactions involved in the development of the region. "Michael Malone has written a model. . . .interpretative biography of James J. Hill. He has drawn on the research of others, published and unpublished, as he says, but also on his own knowledge of American economic development in Hill’s time as a leading historian of mining and of a state in whose development Hill’s railroads were major factors." -Earl Pomeroy, Professor of History, Retired, University of Oregon and University of California, San Diego

Download or read book The Great Northern Railway written by and published by U of Minnesota Press. This book was released on with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by historians at Harvard Business School, Mississippi State U., and St. Cloud State U. (Minn.), this history details the development and day- to-day affairs of this powerful business, and the careers of the main figures instrumental in its operation. This definitive work, first published by

Download or read book The Life of James J Hill written by Joseph Gilpin Pyle and published by . This book was released on 1917 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Street Where You Live written by Donald Empson and published by U of Minnesota Press. This book was released on 2006 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than one thousand entries and more than one hundred photographs present an entertaining history of the often quirky origins of St. Paul place names, from A Street to Zimmermann Place and including parks, lakes, streams, roads, cemeteries, bridges, neighborhoods, and many other landmarks. Original.

Download or read book Great Northern Empire Builder written by Bill Yenne and published by Motorbooks International. This book was released on 2005 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Travel the rails of the American West in this stunning illustrated history Names for renowned entrpeneur James J. Hill, founder of the Great Northern Railway, the incomparable Empire Builder was jaunched in 1929 by legendary CEO Ralph Budd. Powered by steam until 1947, the Empire Builder charged into the diesel era at full-bore with streamlined EMD E7As trailing Pullman cars from St. Paul to Spokane and generating millions for the railroad. This authoritative and richly illustrated history [Illegible] the Empire Builders through their 1970s demise. Included here are the trains, their various forms of motive power and rolling stock, and their services. wealth of black and white archival images and period color photography depict the Empire Builder along one of the nation's most scenic routes. Also shown are uniforms, dinnerware, terminals and stations, interior views of Pullman and dome cars, period advertisements, and route maps.

Download or read book Highways of Progress written by James J. Hill and published by The Minerva Group, Inc.. This book was released on 2001-06 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the time he was 18 in St. Paul, James J. Hill (1838-1916) dreamed of a ship and rail bridge to the riches of the mysterious Orient. Through a succession of jobs, he absorbed every detail of moving goods by land and by water, which contributed to the excellent management and low-cost operation of his railroad empire. He made financial history by shaping the Northern Securities Co., a holding device dissolved by the Supreme Court in 1904. As founder of the Great Northern Railway, Hill was an American railroad icon and one of Ayn Rand's industrialist heroes. After his retirement, he wrote "Highways of Progress," originally published in 1910, and toured the country speaking about the virtues of capitalism and a hard work ethic. Near the end of his life, James J. Hill was asked by a newspaper reporter to reveal the secret of his success. Hill responded with characteristic bluntness, "Work, hard work, intelligent work, and then more work." Hill became a pivotal force in the transformation of the Northwest as his railroad served as the backbone of American settlement, agricultural development and commercial expansion. Book jacket.

Download or read book Great Northern Iron written by James A. Stolpestad and published by . This book was released on 2020-04 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Northern Iron trust leased its lands on the Mesabi iron formation to various mining companies that shipped 721 million tons of natural iron ore and taconite to eastern steel mills from 1907 to 2017 - nearly 15% of the Mesabi's entire historical output. The royalties received were disbursed to the trust's investors - nearly $400 for each of the 1,500,000 shares in the trust - totaling $561 million over its long life. The investors received their trust shares in 1906 as free gifts because they were stockholders of James J. Hill's Great Northern Railway (the predecessor of today's BNSF Railway). These securities were the first from a Minnesota business to be traded on the New York Stock Exchange.The distinctive history of Great Northern Iron is presented for the first time in this book. It is based on the Trust's extensive original archival records and in-depth interviews with its last trustees, managers, and other participants. With nearly 90,000 words and more than 160 historic photos, images, tables, reports, maps, and other materials, many of which have never been made public before, this book also features four specially commissioned large, fold-out color aerial maps and cross-sections that depict in exceptional detail the entire mining landscape of the 100-mile Mesabi Iron Range.Great Northern Iron is a compelling story about daring and entrepreneurship on the Mesabi Range and northeastern Minnesota. It is also an essential reference book about the nation's most important iron mining region. There may be no better source for learning about one of the vital natural resources that provided the foundation for contemporary American life.

Download or read book Records and Briefs of the United States Supreme Court written by and published by . This book was released on 1907 with total page 856 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book St Lawrence Waterway written by United States. Congress. Senate. Committee on Foreign Relations and published by . This book was released on 1933 with total page 1106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book To Work for the Whole People written by Mary Christine Athans and published by Paulist Press. This book was released on 2002 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth history of the seminary of the Archdiocese of St. Paul/Minneapolis, from the time of its founding by Archbishop John Ireland.

Download or read book The Dead Pledge written by Judge Earl Glock and published by Columbia University Press. This book was released on 2021-04-06 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American government today supports a financial system based on mortgage lending, and it often bails out the financial institutions making these mortgages. The Dead Pledge reveals the surprising origins of American mortgages and American bailouts in policies dating back to the early twentieth century. Judge Glock shows that the federal government began subsidizing mortgages in order to help lagging sectors of the economy, such as farming and construction. In order to encourage mortgage lending, the government also extended unprecedented assistance to banks. During the Great Depression, the federal government made new mortgage lending and bank bailouts the centerpiece of its recovery program. Both the Herbert Hoover and Franklin Roosevelt administrations created semipublic financial institutions, such as Fannie Mae, to provide cheap, tradable mortgages, and they extended guarantees to more banks and financiers. Ultimately, Glock argues, the desire to protect the financial system took precedence over the desire to help lagging parts of the economy, and the government became ever more tied into the financial world. The Dead Pledge recasts twentieth-century economic, financial, and political history and demonstrates why the greatest “safety net” created in this era was the one supporting finance.

Download or read book 13 Bankers written by Simon Johnson and published by Vintage. This book was released on 2010-03-30 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

Download or read book Profiting from the Plains written by Claire M. Strom and published by University of Washington Press. This book was released on 2011-10-17 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Profiting from the Plains looks at two inextricably linked historical movements in the United States: the westward expansion of the great Northern Railway and the agricultural development of the northern plains. Claire Strom explores the persistent, idiosyncratic attempts by the Great Northern to boost agricultural production along its rail routes from St. Paul to Seattle between 1878 and 1917. Lacking a federal land grant, the Great Northern could not make money through land sales like other railways. It had to rely on haulage to make a profit, and the greatest potential for increasing haulage lay in farming. The energetic and charismatic owner of the Great Northern Railway, James J. Hill, spearheaded most of the initiatives undertaken by his corporation to boost agricultural production. He tried, often unsuccessfully, to persuade farmers of the profitability of his methods, which were largely based on his personal farming experience. When Hill�s initial efforts to increase haulage failed, he shifted his focus to working with outside agencies and institutions, often providing them with the funding to pursue projects he hoped would profit his railroad. At the time, state and federal agencies were also promoting agricultural development through irrigation, conservation, and dryland farming, but their agendas often clashed with those of the Great Northern Railway. Because Hill failed to grasp the extent to which politicians� goals differed from those of the railroad, his use of federal expertise to promote agricultural change often backfired. But despite these obstacles, the railroad magnate ironically remained among the last defenders of the small-scale farmer modeled on Jeffersonian idealism. This fascinating story of railroad politics and development ties into themes of corporate and federal sponsorship, which are increasingly recognized as fundamental to western history. As the first scholarly examination of James J. Hill�s agricultural enterprises, Profiting from the Plains makes an important contribution to the biography of the popular and controversial Hill, as well as to western and environmental history.

Download or read book Historical Resources Evaluation St Paul District Locks and Dams on the Mississippi River and Two Structures at St Anthony Falls written by Jon Gjerde and published by . This book was released on 1983 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt: This project has been sponsored by the St. Paul district of the United States Army Corps of Engineers as a planning tool to facilitates its obligations to preserve and project the cultural heritage. More specifically, thirteen locks and dams have been investigated in order to determine their historical value. Since seven of these lock and dam complexes are currently under evaluation for hydropower conversion, historic preservation officers of Minnesota, Wisconsin and Iowa have expressed their interest in seeing the thirteen lock and dam structures be considered for a thematic group format submission to the National Register of Historic Places. Moreover, the contract was modified to include study of the Lower Dam Hydro Station and Wasteway No. 2, both of which are located in St. Anthony Falls Historic district and may be utilized for hydropower development. The location of this study area is a large one covering a stretch of approximately 239 river miles along the upper Mississippi upon which the locks and dams are located. The specific specifications of the contracts are contained in the scope of work found in the Appendix.

Download or read book Pamphlets on Conservation of Natural Resources written by and published by . This book was released on 1909 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Commercial and Financial Chronicle written by and published by . This book was released on 1908 with total page 1040 pages. Available in PDF, EPUB and Kindle. Book excerpt: