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Excerpt from A Retrospect of 25 Years With the New York Central Railroad and Its Allied Lines The cross-roads between a public or busi ness life had been reached. Which way P was the absorbing question. William H. Vanderbilt said: We want your services and the Commodore remarked, Chauncey, politics don't pay. The business of the fu ture in this countryis railroading. The com mission was attorney for the New York and Harlem Railroad Company, but the duties covered everything official or personal in which the Commodore was interested. For the last eleven years of his life I was in almost daily consultation with this remark able man. He accumulated the largest fortune ever made His long life was an uninterrupted succession of wars and tri umphs. He always fearlessly gave battle in the fierce business competitions of his time, and never lost one. Themost extra ordinary fact in his career is that he gainedthe majority of his vast wealth after he had passed threescore and ten. His methods of managing the railway properties in which he acquired a controlling interest were as original as the processes by whichhe cap tured them. He cared little for details, and speedily wearied of them. He stated in general terms the results he desired, and then expected the officers of the companies to work them out. It was impossible to explain to him a failure. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
A full generation has passed since a New York Central emblem dashed across the countryside on a railroad car, but few could ever forget "the greatest railroad in the world." The New York Central System grew from an amalgamation of smaller lines stretching from Albany to Buffalo in the 1830s. Twenty years later, the lines were gathered into a single company. Its phenomenal success did not go unnoticed by Cornelius "the Commodore" Vanderbilt. In his late sixties, when most men retire, he methodically started acquiring railroads in the New York City and Hudson River region. He then acquired the New York Central and merged it with his Hudson River Railroad. The Commodore and his son William, the foremost rail barons of their age, forged ahead with one of the most dynamic future-directed endeavors in the world-a railroad empire that traversed 11 states and 2 Canadian provinces.