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A Classification of American Wealth |
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| Part I-Chapter 6 : Early industrialists > William Earl Dodge : « Previous 1 - 2 - 3 - 4 - 5 - 6 Next » |
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William Earl Dodge from lumber to railroads … They were naturally drawn towards the financing and promotion of railroads, and thereby to the emerging iron and steel industry. Anson Phelps was a director in the New York & Erie Railroad for just a year, but his son-in-law, William E. Dodge served in this position for twelve years, starting in 1845. He served on the finance committee and was instrumental in raising the needed funds for completion of the railroad to Dunkirk, on the Lake Erie. He was a large stock and bond holder of the Erie until 1857, when he resigned from the Board and sold his stock, apparently because …
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