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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
This vast realm of geographical ignorance reduced European activity in the Outer World to an archipelago of settlements, mines and trading depots connected by a skein of pathways kept open only by constant effort.
John Darwin • After Tamerlane: The Rise and Fall of Global Empires, 1400-2000
Apart from a very limited amount of state sponsorship, it was usually the prospect of commercial gain or of new lands for settlement which funded exploration – a misleading term, which usually signified the ‘mapping’ of existing trade paths through local informants. But the propulsion of economic or demographic need was spasmodic at best.
John Darwin • After Tamerlane: The Rise and Fall of Global Empires, 1400-2000
Undaunted Courage: Meriwether Lewis, Thomas Jefferson and the Opening of the American West: Meriwether Lewis Thomas Jefferson and the Opening
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Morgan was among the first generation of bankers whose clients were primarily private corporations instead of governments, but there were substantial continuities in approach. His mediations among the railroad barons were very much in the tradition of the supranational financial/diplomatic service operated by the Rothschilds and the Barings in midc
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
Last Train to Paradise: Henry Flagler and the Spectacular Rise and Fall of the Railroad that Crossed an Ocean
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The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
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In the company of a young French medical doctor turned botanist, Aime Bonpland, Humboldt had departed from La Coruña, Spain, in June 1799, on a Spanish frigate, slipping past a British blockade in the dark of night, in the midst of a storm, and carrying with him a unique document from the Spanish government. He and Bonpland had been granted complet
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