Sublime

The “Q” was truly one of America’s best and most-profitable roads. Well capitalized, well constructed, and well managed by two of the giant figures of American railroading, John Murray Forbes and Charles Perkins, along with their New England associates, it served a densely populated and fertile agrarian hinterland stretching across Illinois and Iow

For sheer grit and audacity, Harriman had few rivals, and he now proceeded on a daring, even reckless corporate raid that would shake Wall Street to its very foundations. Since Morgan and Hill had stonewalled his request for a one-third holding in the Burlington, he would proceed to attack them from the rear. He would, instead, stealthily buy contr

Morgan made his specialty the refinancing, reorganization, and rationalization of America’s badly overextended and overcapitalized railroads; his “clients” included some of the largest, such as the Erie, the New York Central, and the Pennsylvania.