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Scranton ventures in iron, coal and railroads
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George
W. Scranton participated in the considerable industrial and other economic
developments that followed the creation of the Lackawanna, Iron and Coal Co,
including the Delaware, Lackawanna & Western Railroad, the First National
Bank of Scranton and the Scranton Gas & Water Company. Through his
participation in these various industries, George Scranton acquired wealth
but got entangled during the crisis of 1857 and had to sell valuable shares
of the Delaware Lackawanna & Western Railroad low. George Whitefield
Scranton was elected to the US Congress as …
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