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A Classification of American Wealth |
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| Part II-Chapter 8 : Railroad Barons >Central Pacific Railroad : « Previous 1-2- 3 -4-5-6-7-8-9-10-11-12-13-14-15 Next » |
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The Central Pacific Railroad and the Pacific Quartet … The men who became known as the Pacific Quartet were all prosperous but just moderately wealthy merchants of Sacramento. There were actually five partners or associates : Mark Hopkins, Collis Potter Huntington, Leland Stanford, Charles Crocker and his brother Edwin Bryant Crocker. They were a close knit group of capitalists who acted as associates for the best part of their lives and thereby built not one but two transcontinental railroads. It was often wondered how a group of just modestly wealthy merchants with close to no experience in railroad building could launch a project as big as the Central Pacific …
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