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Harriman vs. HillWall Street's Great Railroad War$
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Larry Haeg

Print publication date: 2013

Print ISBN-13: 9780816683642

Published to Minnesota Scholarship Online: August 2015

DOI: 10.5749/minnesota/9780816683642.001.0001

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The End of the “Days of Small Things”

The End of the “Days of Small Things”

Chapter:
(p.65) 3 The End of the “Days of Small Things”
Source:
Harriman vs. Hill
Author(s):

Larry Haeg

Publisher:
University of Minnesota Press
DOI:10.5749/minnesota/9780816683642.003.0004

Story of the Chicago, Burlington & Quincy – initial target of both Harriman and Hill; the rise of “community of interest” interlocking ownership conversations of major railroads to eliminate wasteful over-building and rate-cutting; failure of Harriman-Schiff to buy enough shares of the Burlington on open market to influence its management; Morgan-Hill fail to buy the “Saint Paul.”

Keywords:   Railroads, Wall Street, Free enterprise, JP Morgan, Theodore Roosevelt, Sherman Act, Anti-trust, Competition versus combination, James J Hill, Edward Harriman

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