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Stephens was the president of the railroad, which was a wholly American-owned stock company with its main office in the old Tontine Building on Wall Street. The capitalization was a million dollars.
David McCullough ⢠Brave Companions
During his second year in the House, he wroteâhimself, with no staff assistanceâa bill embodying the old Peopleâs Party dream of intensified government regulation of railroads, by giving the government authority over the issuance of new securities by the railroads. Happening, by chance, to see the bill, Louis D. Brandeis, then one of President
... See moreRobert A. Caro ⢠The Path to Power: The Years of Lyndon Johnson I
Despite the last-minute passage of the Social Security bill, liberal antipathy to Johnson was as strong as everâstronger, in fact: 1956 had, after all, been the year of the natural gas fight and the exemption of highway workers from the David-Bacon Act, and new revelations about Johnsonâs relationship with Brown & Root. Under a headline that was an
... See moreRobert A. Caro ⢠Master of the Senate: The Years of Lyndon Johnson III
All four counties in the 89th District wanted him to run again in 1908, for an unprecedented third term, but he decided not to do so. State jobsâbetter-paying than legislative seatsâwere available to many retiring legislators, as were jobs with the railroads and the oil companies and the banks, but Sam Johnson, who had refused to go along with the
... See moreRobert A. Caro ⢠The Path to Power: The Years of Lyndon Johnson I
In October 1955, Joe asked Tommy Corcoran, a prominent Washington âfixerâ and friend of LBJâs from the New Deal days, to carry a message to Johnson. If Lyndon would declare for the presidency and privately promise to take Jack as his running mate, Joe would arrange financing for the campaign. Because raising enough money would not be easy for any
... See moreElmer M. Ellsworth, a special assistant to Governor Winship, was a member of this hand-picked jury.
Nelson Denis ⢠War Against All Puerto Ricans: Revolution and Terror in America's Colony
THE SENATE HAD WON AGAIN. The citadel of the South, the dam against which so many liberal tides had broken in vain, was still standing, as impenetrable as ever. And it was standing thanks in substantial part to its Majority Leader. For years, the South had had a formidable general in Richard Russell. In 1956, as in 1955 and 1954 and 1953, it had
... See moreRobert A. Caro ⢠Master of the Senate: The Years of Lyndon Johnson III
Johnsonâs voting recordâa record twenty years long, dating back to his arrival in the House of Representatives in 1937 and continuing up to that very dayâwas consistent with the accent and the word. During those twenty years, he had never supported civil rights legislationâany civil rights legislation. In Senate and House alike, his record was an
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