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Corcoran had come to the ranch bearing the offer of a substantial gift—from a man who had the power to make one: Joseph P. Kennedy Sr. In a meeting in New York, the Ambassador instructed Corcoran to tell Johnson that if he would publicly enter the race for the nomination, and would privately promise that if he won, he would select Jack Kennedy as
... See moreRobert A. Caro • Master of the Senate: The Years of Lyndon Johnson III
If at the Greenbrier Johnson subordinated his desire for personal wealth to his desire to become President, he found, in 1942, a way to reconcile his two ambitions—and in years to come he found a dozen ways, and he entered the Oval Office perhaps the richest man ever to occupy it. Shortly after he assumed the Presidency, Life magazine, in the most
... See moreRobert A. Caro • The Path to Power: The Years of Lyndon Johnson I
Joe Hudson
soundcloud.com1906 was a year of political victory for Sam Johnson, but it was also a year of financial disaster. Having gambled and won on the cotton-futures market in 1902 and 1903 and 1904, in 1905 he had gambled more, buying on margin, overextending himself—as his father, having gambled and won on the cattle drives of 1868 and 1869 and 1870, had gambled too
... See moreRobert A. Caro • The Path to Power: The Years of Lyndon Johnson I
The Valley’s venture investors were typically Boston merchant princes, men such as Israel Thorndike, S. A. Eliot, Samuel Cabot, Francis Stanton, and Harrison Gray Otis. Edmund Dwight, a Morgan cousin on his mother’s side, wasn’t in the same financial stratum as a Cabot, but gained access through his work at the law firm of Fisher Ames, the old
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