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Updated: June 16, 2025
Harriman now announced to Schiff that he intended to have the Union Pacific reorganized as an appendage of the Illinois Central.
Matters were brought to a climax in the spring of 1901 when the Harriman people suddenly made the discovery that the Hill-Morgan combination had been quietly buying control of the valuable Chicago, Burlington and Quincy Railroad, which operated a vast system west and northwest of Chicago, penetrated as far into the Union Pacific main-line territory as Denver, and connected at the north with the eastern terminals of both the Great Northern and Northern Pacific systems.
Miss Harriman knows nothing about it. If she had she would have confided in us." "Perhaps she has confided in Jack." "Don't you think that obsession of yours is rather well, unlikely, to put it mildly? Analyze it and you'll find you haven't a single substantial fact to base it on." This was true. Yet Kirby's opinion was not changed.
"Miss Harmon," he whispered rapidly, "did you obey Mrs. De Peyster's instructions on your voyage home? About keeping to your stateroom about keeping yourself veiled, and all the rest?" "Yes," said Olivetta. "And Mrs. De Peyster's trunks, where are they?" "At the Cunard pier," "What name did you sail under?" "Miss Harriman." In the same instant Mr.
Barring an occasional exception, such an exclusive aim is not that of the man of large affairs, the business leader, the conspicuously successful man. It is not Harriman, nor Edison, nor Weinstock, nor Marshall Field, nor Peabody, nor is it the heads of our big corporations of to-day.
Halsey W. Wilson, recording secretary of the National Association. Mrs. Albert Robin was elected president. In May a congressional petition campaign was launched at a large subscription luncheon given in Hotel DuPont, Wilmington, with Mrs. Catt, Mrs. Frank Vanderlip, Mrs. Maud Wood Park and Mrs. J. Borden Harriman guests of honor and speakers. Mrs. J. Frank Ball, State vice-president, presided.
On the rear deck of a ferry-boat bound for Hoboken on the morning of May 12th stood Randolph Taney, with his hands in his pockets, gazing intently at the foaming waters of the Hudson plowed up by the screw. It was all over: he had speculated in Wall Street, putting his money on Harriman, and had lost every cent he had.
No transaction was too large or too involved to be settled over its wires. He saved the credit of the Erie by telephone lent it five million dollars as he lay at home on a sickbed. "He is a slave to the telephone," wrote a magazine writer. "Nonsense," replied Harriman, "it is a slave to me." The telephone arrived in time to prevent big corporations from being unwieldy and aristocratic.
He therefore began to work quietly with various interests in an attempt to tie up the property. But soon he, like Schiff, encountered serious opposition. He also immediately jumped to the conclusion that Morgan was secretly at work, and he called on Morgan for the facts. Morgan replied, as he had replied to Schiff, that he was not interested, but that he wished Harriman success.
Pursuant to the provisions of this act, Governor Odell named as the twelve members of the Commission: Edward H. Harriman, of New York city; Louis Stern, of New York city; Edward Lyman Bill, of New York city; William Berri, of Brooklyn; Cyrus E. Jones, of Jamestown; Lewis Nixon, of New York city; John C. Woodbury, of Rochester; Frank S. McGraw, of Buffalo; John K. Stewart, of Amsterdam; James H. Callanan, of Schenectady; John Young, of Geneseo; and Mrs.
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