A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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   Part II-Chapter 12 :  Utility Tycoons  > Philadelphia Rapid Transit  :  Previous  1 - 2 - 3 - 4 - 5 -  Next  

   Union Traction and the Philadelphia Rapid Transit system

Page entitled : Philadelphia's rapid transit system completed

Content of this page is about :

How after the merger, Peter A. Brown Widener and William L. Elkins controlled the street railways in Philadelphia and how invested their profits.

Extract :
also participated in the consolidation of street railways in other cities, notably in New York, where they co-founded the infamous Metropolitan, and in Chicago, where they backed Charles T. Yerkes, a notorious corrupter of city officials. But their probably best investment was made in conjunction of their New York partners (William C. Whitney, Thomas F. Ryan and Anthony N. Brady) when they acquired a huge stake in  ...

 

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