Cornelius Vanderbilt — "I have been as you know, in the steamship business a long time. I have been in t…"
I have been as you know, in the steamship business a long time. I have been in the railroad business a long time. I was opposed to this war at the beginning, but I am in favor of it now.
Click any product to generate a realistic preview. Up to 3 at a time. * Initial load can take up to 90 seconds — revising the preview in another color is nearly instant.
American shipping and railroad magnate whose New York Central railroad and aggressive consolidation built the largest fortune in 19th-century America.
Closely associated with
John D. Rockefeller (later Gilded Age titan who learned the consolidation playbook).
For an intellectual contrast, see
Jay Gould, railroad speculator (1836-1892) — Vanderbilt built and ran railroads; Gould watered stock and manipulated markets. Their Erie Railroad rate-war and Gould's Black Friday (1869) gold-corner schemes were the public foil to Vanderbilt's quieter operational consolidation. The cleanest 'industrialist vs speculator' Gilded Age pairing.
Details
Testimony before Congress during the Civil War, regarding his offer of a ship to the Union Navy