W. H. Vanderbilt defending the Vanderbilt fortune

A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors

Part 1 : Colonial and Mercantile America	Part 2 : America in the Gilded Age
Part 3 : America in the Twentieth Century	Encyclopedia of American Wealth
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Part II-Chapter 8 : Railroad Barons > William Henry Vanderbilt : « Previous 1 - 2 - 3 Next »

W. H. Vanderbilt defending the Vanderbilt fortune

… Construction of the New York, West Shore & Buffalo, more commonly known as the West Shore, was started in 1881 and $ 50 million and two years later a line was completed, running along the west bank of the Hudson from New York to Albany and along the Mohawk West to Syracuse and Lake Erie. This new road directly threatened Vanderbilt's main property, the New York Central & Hudson River Railroad. Headed by former general Horace Porter, the West Shore had formidable backing, including George Pullman, John John Jacob Astor III and Jay Gould. It's major threat however came from a secret understanding of these promoters with an even greater contender, the Pennsylvania Railroad. This time William Henry Vanderbilt was forced to …

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