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A Classification of American Wealth |
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| Part II-Chapter 8 : Railroad Barons > Cornelius Vanderbilt II : « Previous 1 - 2 - 3 - 4 - 5 Next » |
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Cornelius Vanderbilt II … Cornelius Vanderbilt II was a solid, unimaginative and conservative estate manager, much in the way his father was, but unchallenged in a quieter time of railroad consolidation. He avoided ventures into the new industries that grew in America and also opposed extension of the Vanderbilt railroad system West of Chicago. Because of his refusal to support the Union Pacific Railroad in 1892, the Vanderbilts never achieved a Transcontinental railroad and the property, which was coveted by Jay Gould prior to his death was eventually reorganized by Edward Henry Harriman …
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