Word: harrimans
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Dates: during 1920-1929
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...Lovett began his career as a Texas attorney, later became General Counsel, and still later President of the Southern Pacific and the Union Pacific (Harriman) Railroads. He feels that these roads would not be fairly treated under Mr. Holden's proposed plan. Mr. Holden's plan provides for four railway systems: (1) The Great Northern, Northern Pacific and Burlington (Hill); (2) The Union Pacific (Harriman) and other minor roads; (3) The Santa Fe; (4) The Southern Pacific (Harriman) and others...
This plan, leaving the Hill roads practically intact, would leave them overshadowing their competitors, according to Mr. Lovett. The great Harriman roads, divided, and each loaded down with other lines to make it equal in mileage and investment to the Hill combination would be made competitors instead of natural allies...
This move for mergers and consolidation, if successful, will effect a complete revolution in our national railroad policy. Thirty years ago the country was alarmed at great railroad dictators like Harriman and Hill with their stock and promotion wizards such as Gates, Gould, and Reid. The public feared that they would become an industrial and financial oligarchy so powerful that the whole country would be at their mercy. So the Government broke their power, dissolved the great pools and combinations, hedged the railroad business about with a complex set of rules and regulations, and held the Sherman Act like...
...hero of this novel is a super-railroad magnate called Henry M. Galt. He is inferred to be a portrait or, more exactly, caricature - of E. H. Harriman. He is described as "a small man, weighing less than one hundred pounds, with a fretful, nagging body," who walks with "a bantam, egregious stride." The plot of the novel is the story of Galt's triumphs. Incident by incident they may be substantially paralleled in Mr. Harriman's career. First, a spectacular rise; second, reverses, foes, almost defeat; finally, triumph and death. Mr. Garrett has written many articles about...
...Flaherty '19, a representative of W. A. Harriman Company of New York City, which handles investment securities, held conferences with Seniors and members of the Business School yesterday to interest them in representing the company. The men selected will start at the end of the College year by selling municipal bonds. Opportunities will also be given for men to rise to positions in the company...