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A Classification of American Wealth |
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| Part II-Chapter 8 : Railroad Barons > Union Pacific : « Previous 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 Next » |
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Thomas C. Durant promoter of the Union Pacific railroad … Thomas Clark Durant (1820-1885), the Union Pacific's active vice-president and also the mastermind behind the Credit Mobilier scheme. By the time he jump-started the Union Pacific Railroad company, by bringing in his friends and actually paying the first installment of their subscription, Thomas Durant was already a veteran railroad promoter in the West. Together with Henry Farnam, Durant had built the Michigan Southern railroad and promoted the Chicago & Rock Island, as well as the Mississippi & Missouri, through central Illinois an Iowa …
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