The Pennsylvania Railroad, Volume 1

The Pennsylvania Railroad, Volume 1

Author: Albert J. Churella

Publisher: University of Pennsylvania Press

Published: 2012-10-29

Total Pages: 970

ISBN-13: 0812207629

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"Do not think of the Pennsylvania Railroad as a business enterprise," Forbes magazine informed its readers in May 1936. "Think of it as a nation." At the end of the nineteenth century, the Pennsylvania Railroad was the largest privately owned business corporation in the world. In 1914, the PRR employed more than two hundred thousand people—more than double the number of soldiers in the United States Army. As the self-proclaimed "Standard Railroad of the World," this colossal corporate body underwrote American industrial expansion and shaped the economic, political, and social environment of the United States. In turn, the PRR was fundamentally shaped by the American landscape, adapting to geography as well as shifts in competitive economics and public policy. Albert J. Churella's masterful account, certain to become the authoritative history of the Pennsylvania Railroad, illuminates broad themes in American history, from the development of managerial practices and labor relations to the relationship between business and government to advances in technology and transportation. Churella situates exhaustive archival research on the Pennsylvania Railroad within the social, economic, and technological changes of nineteenth- and twentieth-century America, chronicling the epic history of the PRR intertwined with that of a developing nation. This first volume opens with the development of the Main Line of Public Works, devised by Pennsylvanians in the 1820s to compete with the Erie Canal. Though a public rather than a private enterprise, the Main Line foreshadowed the establishment of the Pennsylvania Railroad in 1846. Over the next decades, as the nation weathered the Civil War, industrial expansion, and labor unrest, the PRR expanded despite competition with rival railroads and disputes with such figures as Andrew Carnegie and John D. Rockefeller. The dawn of the twentieth century brought a measure of stability to the railroad industry, enabling the creation of such architectural monuments as Pennsylvania Station in New York City. The volume closes at the threshold of American involvement in World War I, as the strategies that PRR executives had perfected in previous decades proved less effective at guiding the company through increasingly tumultuous economic and political waters.


"Follow the Flag"

Author: H. Roger Grant

Publisher: Northern Illinois University Press

Published: 2019-10-15

Total Pages: 305

ISBN-13: 1501747797

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"Follow the Flag" offers the first authoritative history of the Wabash Railroad Company, a once vital interregional carrier. The corporate saga of the Wabash involved the efforts of strong-willed and creative leaders, but this book provides more than traditional business history. Noted transportation historian H. Roger Grant captures the human side of the Wabash, ranging from the medical doctors who created an effective hospital department to the worker-sponsored social events. And Grant has not ignored the impact the Wabash had on businesses and communities in the "Heart of America." Like most major American carriers, the Wabash grew out of an assortment of small firms, including the first railroad to operate in Illinois, the Northern Cross. Thanks in part to the genius of financier Jay Gould, by the early 1880s what was then known as the Wabash, St. Louis & Pacific Railway reached the principal gateways of Chicago, Des Moines, Detroit, Kansas City, and St. Louis. In the 1890s, the Wabash gained access to Buffalo and direct connections to Boston and New York City. One extension, spearheaded by Gould's eldest son, George, fizzled. In 1904 entry into Pittsburgh caused financial turmoil, ultimately throwing the Wabash into receivership. A subsequent reorganization allowed the Wabash to become an important carrier during the go-go years of the 1920s and permitted the company to take control of a strategic "bridge" property, the Ann Arbor Railroad. The Great Depression forced the company into another receivership, but an effective reorganization during the early days of World War II gave rise to a generally robust road. Its famed Blue Bird streamliner, introduced in 1950 between Chicago and St. Louis, became a widely recognized symbol of the "New Wabash." When "merger madness" swept the railroad industry in the 1960s, the Wabash, along with the Nickel Plate Road, joined the prosperous Norfolk & Western Railway, a merger that worked well for all three carriers. Immortalized in the popular folk song "Wabash Cannonball," the midwestern railroad has left important legacies. Today, forty years after becoming a "fallen flag" carrier, key components of the former Wabash remain busy rail arteries and terminals, attesting to its historic value to American transportation.


The History of the Company, Part II vol 7

The History of the Company, Part II vol 7

Author: Robin Pearson

Publisher: Taylor & Francis

Published: 2024-10-28

Total Pages: 490

ISBN-13: 1040239773

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Explores the changing economic, social and political role of the Anglo-American firm. Focusing on its formative development between the later 17th and the early 20th centuries, the editors bring together a collection which employs selected documents and analytical commentary to illustrate the external role of the firm and public perceptions of it.