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Synopsis
Excerpt from The Life of James J. Hill, Vol. 2
January, 1893, saw the Great Northern opened for business through to the Pacific coast. August 15, 1893, an application for the appointment of receivers was made by creditors of the Northern Pacific, who alleged that the company was insolvent. Receivers were appointed; and in October of the same year the Farmers' Loan and Trust Company, as trustees for the mortgagees, filed a bill for the foreclosure of the mortgages securing its second, third, and consolidated mortgage bonds. This was more than coincidence. The financing of one system had been as reckless as that of the other was prudent. The operation of the one was lacking where that of the other was strong. The competition for business between the two had for some time made its consequences felt. Not alone in the stock market is the money value of coming events discounted by a rise or fall based on calculations of what is about to happen. People who cared to know it knew now that the Great Northern could, if it wished, by virtue of its low capitalization, method of construction and system of management and operation, control through competitive business.
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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.
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- PublisherForgotten Books
- Publication date2020
- ISBN 10 1330146387
- ISBN 13 9781330146385
- BindingPaperback
- Number of pages483
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The Life of James J. Hill, Vol. 2 (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book delves into the life of James J. Hill, a pivotal figure in the development of the American railroad system, particularly in the Northwest. The author meticulously details Hill's strategies and methods, as well as his aspirations and drive, revealing the man behind the transportation empire he built. Through comprehensive research and analysis, the book sheds light on Hill's contributions to the railroad industry, his battles with competitors, and his innovative approaches to management and operation. It also examines the broader historical context of Hill's work, situating him within the era of railroad expansion and the economic growth of the United States. The book offers valuable insights into the motivations and vision of a man who played a key role in shaping the nation's transportation infrastructure and the development of the West. Forgotten Books publishes hundreds of thousands of rare and classic books. 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. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. Seller Inventory # 9781330146385_0
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The Life of James J. Hill, Vol. 2 (Classic Reprint) by Pyle, Joseph Gilpin [Paperback ]
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The Life of James J Hill, Vol 2 Classic Reprint
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Paperback. Condition: Brand New. 480 pages. 9.00x6.00x1.09 inches. This item is printed on demand. Seller Inventory # zk1330146387
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