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Jay Gould
Jason Gould (; May 27, 1836 – December 2, 1892) was an American railroad magnate and financial speculator who is generally identified as one of the robber barons of the Gilded Age. His sharp and often unscrupulous business practices made him one of the wealthiest men of the late nineteenth century. Gould was an unpopular figure during his life and remains controversial. Early life and education Gould was born in Roxbury, New York, to Mary More (1798–1841) and John Burr Gould (1792–1866). His maternal grandfather Alexander T. More was a businessman, and his great-grandfather John More was a Scottish immigrant who founded the town of Moresville, New York. Gould studied at the Hobart Academy in Hobart, New York, paying his way by bookkeeping. As a young boy, he decided that he wanted nothing to do with farming, his father's occupation, so his father dropped him off at a nearby school with fifty cents and a sack of clothes. Early career Gould's school principal was credit ...
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Roxbury, New York
Roxbury is a town in Delaware County, New York, United States. The population was 2,247 at the 2020 census.2020 US Census, Roxbury, Delaware County, New York https://www.census.gov/search-results.html?searchType=web&cssp=SERP&q=Roxbury%20town,%20Delaware%20County,%20New%20York The town is at the eastern end of the county. History The town of Roxbury was formed in 1799 from the town of Stamford. Which was park of Albany county when they first started county's in NYS . Roxbury was the birthplace and the home of naturalist John Burroughs. A memorial site has been placed by his birthplace. Jay Gould, the railroad financier, was also born in the town. The Main Street Historic District includes the Jay Gould Memorial Church and was listed on the National Register of Historic Places in 1988. Other sites on the National Register include the First Old School Baptist Church of Roxbury and Vega Cemetery, Isaac Hardenbergh House, Second Old School Baptist Church of Roxbury, Walte ...
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Zadock Pratt
Zadock Pratt Jr. (October 30, 1790 – April 5, 1871) was a tanner, banker, soldier, and member of the United States House of Representatives. Pratt served in the New York militia from 1819–1826, and was Colonel of the 116th regiment from 1822 until his resignation from the militia on September 4, 1826. 1868 Biography, p. 9 In the Catskill Mountains, Pratt built the largest tannery in the world at its time, and built the town of Prattsville to accommodate the labor force necessary for the tannery, raising the town's population from around 500 to over 2000. Pratt was elected to the United States House of Representatives in 1836 and 1842. During his second term, in 1845 he first proposed the transcontinental railroad. In 1848, Pratt tried but failed to receive the Democratic/ Hunker nomination for the 1848 New York state gubernatorial election. He was a delegate to the 1852 Democratic National Convention. In 1843, Pratt established the Prattsville Bank with, which ...
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Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ...
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Tammany Hall
Tammany Hall, also known as the Society of St. Tammany, the Sons of St. Tammany, or the Columbian Order, was a New York City political organization founded in 1786 and incorporated on May 12, 1789 as the Tammany Society. It became the main local political machine of the Democratic Party, and played a major role in controlling New York City and New York State politics and helping immigrants, most notably the Irish, rise in American politics from the 1790s to the 1960s. It typically controlled Democratic Party nominations and political patronage in Manhattan after the mayoral victory of Fernando Wood in 1854, and used its patronage resources to build a loyal, well-rewarded core of district and precinct leaders; after 1850 the vast majority were Irish Catholics due to mass immigration from Ireland during and after the Irish Famine. The Tammany Society emerged as the center of Democratic-Republican Party politics in the city in the early 19th century. After 1854, the Society ...
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Erie War
The Erie War was a 19th-century conflict between American financiers for control of the Erie Railway Company, which owned and operated the Erie Railroad. Built with public funds raised by taxation and on land donated by public officials and private developers, by the middle of the 1850s the railroad was mismanaged and heavily in debt. A cattle drover turned Wall Street banker and broker, Daniel Drew, at first loaned $2 million to the railroad, and then acquired control over it. He amassed a fortune by skillfully manipulating the Erie railroad shares on the New York Stock Exchange. Cornelius Vanderbilt, who set his mind on building a railroad empire, saw multiple business and financial opportunities in railways and decided in 1866 to corner the market on Erie by silently scooping-up the Erie railroad stock. After succeeding, Vanderbilt permitted Drew to stay on the board of directors in his former capacity as treasurer.Myers, Gustavus. ''History of the Great American Fortunes''. Vol ...
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James Fisk (financier)
James Fisk Jr. (April 1, 1835 – January 7, 1872), known variously as "Big Jim", "Diamond Jim", and "Jubilee Jim" – was an American stockbroker and corporate executive who has been referred to as one of the " robber barons" of the Gilded Age. Though Fisk was admired by the working class of New York and the Erie Railroad, he achieved much ill-fame for his role in Black Friday in 1869, where he and his partner Jay Gould befriended the unsuspecting President Ulysses S. Grant in an attempt to use the President's good name in a scheme to corner the gold market in New York City. Several years later Fisk was murdered by a disgruntled business associate. Early life and career Fisk was born in the hamlet of Pownal, Vermont, in Bennington County in 1835. After a brief period in school, he ran away in 1850 and joined Van Amberg's Mammoth Circus & Menagerie. Later, he became a hotel waiter, and finally adopted the business of his father, a peddler. He applied what he learned in the ...
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Daniel Drew
Daniel Drew (July 29, 1797 – September 18, 1879) was an American businessman, steamship and railroad developer, and financier. Summarizing his life, Henry Clews wrote: "Of all the great operators of Wall Street ... Daniel Drew furnishes the most remarkable instance of immense and long-continued success, followed by utter failure and hopeless bankruptcy". Biography Drew was born in Carmel, New York, in the family of Gilbert Drew and Catherine Muckleworth. He was poorly educated and saw hardship after his father, who owned a small cattle farm, died when Daniel was fifteen years old. Drew enlisted in the US Army during the War of 1812 but he did not see combat. After the war, he spent some time with a traveling zoo and then built a successful cattle-droving business. In 1820, he moved to New York City, where he established himself at the Bull's Head Tavern in the Bowery, a place frequented by drovers and butchers doing business in the city. While running the tavern, he forme ...
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Cornelius Vanderbilt
Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed "the Commodore", was an American business magnate who built his wealth in railroads and shipping. After working with his father's business, Vanderbilt worked his way into leadership positions in the inland water trade and invested in the rapidly growing railroad industry, effectively transforming the geography of the United States. As one of the richest Americans in history and wealthiest figures overall, Vanderbilt was the patriarch of the wealthy and influential Vanderbilt family. He provided the initial gift to found Vanderbilt University in Nashville, Tennessee. According to historian H. Roger Grant: "Contemporaries, too, often hated or feared Vanderbilt or at least considered him an unmannered brute. While Vanderbilt could be a rascal, combative and cunning, he was much more a builder than a wrecker ..being honorable, shrewd, and hard-working." Ancestry Cornelius Vanderbilt's great-great-great-grandfa ...
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Erie Railroad
The Erie Railroad was a railroad that operated in the northeastern United States, originally connecting New York City — more specifically Jersey City, New Jersey, where Erie's Pavonia Terminal, long demolished, used to stand — with Lake Erie, at Dunkirk, New York. It expanded west to Chicago with its 1865 merger with the former Atlantic and Great Western Railroad, also known as the New York, Pennsylvania and Ohio Railroad (NYPANO RR). Its mainline route proved influential in the development and economic growth of the Southern Tier of New York State, including cities such as Binghamton, Elmira, and Hornell. The Erie Railroad repair shops were located in Hornell and was Hornell's largest employer. Hornell was also where Erie's mainline split into two routes, one northwest to Buffalo and the other west to Chicago. On October 17, 1960, the Erie merged with former rival Delaware, Lackawanna & Western Railroad to form the Erie Lackawanna Railroad. The Hornell repair shops ...
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Rensselaer And Saratoga Railroad
The Rensselaer and Saratoga Railroad was chartered on April 14, 1832. It completed between Troy and Ballston Spa on March 19, 1836. The railroad was largely conceived and built by businessmen of Troy in response to Albany's construction of the Mohawk and Hudson Railroad and the extension to Saratoga called the Saratoga and Schenectady Railroad. Despite its name, the railroad only reached to Ballston Spa and relied on the Saratoga and Schenectady to give it access to Saratoga Springs, New York. When an agreement was not forthcoming, investors seized an opportunity to buy up Saratoga and Schenectady stock and take control of the railroad. Later acquisitions included trackage to Whitehall, New York and a line of steamers that plied Lake Champlain, allowing tourists to travel from Troy to Canada entirely by steam conveyance for the first time. The last expansion before the merger with the Delaware and Hudson Canal Company involved building new sections of track between Green Isla ...
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Rutland And Washington Railroad
The Rutland and Washington Railroad was a railroad company based in Rutland, Vermont which was chartered in Vermont on November 13, 1847 and built between Rutland and Eagle Bridge in Rensselaer County, New York in 1851 and 1852. One of the company's founders was Merritt Clark, a Vermont politician, and another was Thomas Canfield, later involved with the Northern Pacific. In order to build in New York, the company, on June 24, 1850, took a perpetual rent-free lease of the franchise rights east of Salem of the Troy and Rutland Railroad, which had been chartered in that state on July 2, 1849. The remainder of the Troy and Rutland, from Salem west to Eagle Bridge, was completed in 1852 and leased to the Rutland and Washington effective July 2. Interstate Commerce Commission, 116 I.C.C. 611 (1926)Valuation Docket No. 328, Delaware and Hudson Company et al. pp. 729-730, 740-746 After the Panic of 1857, a majority of the company's bonds were acquired by Jay Gould at 10 cents on th ...
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