Thomas H. Purvis Posted January 7, 2006 Share Posted January 7, 2006 http://www.phelpsdunbar.com/pages/history.html 1875 Firm assists in the formation of the New Orleans Pacific Railway Company, which ultimately was acquired by the Union Pacific Railroad Company, and begins a relationship that has lasted over 124 years. RAILROAD Our representation of railroad clients spans over one century. We represent major and short line railroad companies, including one that has been a client for over 100 years. ---------------------------------------------------------------------------------------------------------------------------- http://www.uprr.com/aboutup/history/sig-indv.shtml Edward Henry Harriman 1848-1909 Railroad magnate, former president of the Illinois Central and president of the Union Pacific from 1904-1909. In 1897, Harriman, as part of an investment group put together by Kuehn, Loeb & Co., bought the bankrupt UP for $110 million dollars. Soon he set about improving the line, spending over $240 million, and creating a railroad empire. Known for possessing a vision of the new order toward which railroads were evolving, Harriman embraced gigantic undertakings and served as a catalyst in changing how railroads were run, specifically promoting consolidation and acquiring rival companies. One scholar writes of Harriman, "If they would not sell the colt, Harriman would buy the mare." ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/Edward_Henry_Harriman Edward Henry Harriman (February 20, 1848 – September 9, 1909), better known as E. H. Harriman, was a wealthy railroad executive. He was born on Long Island in New York Harriman was nearly fifty years old when in 1897 he became a director of the Union Pacific Railroad. By May 1898 he was chairman of the executive committee, and from that time until his death his word was law on the Union Pacific system. In 1903 he assumed the office of president of the company. From 1901 to 1909, Harriman was also the President of the Southern Pacific railroad. The vision of a unified UP/SP railroad was planted with Harriman. At the time of his death Harriman controlled the Union Pacific, the Southern Pacific, the Saint Joseph and Grand Island, the Illinois Central, the Central of Georgia, the Pacific Mail Steamship Company, and the Wells Fargo Express Company. Estimates of his estate ranged from $200 million to $600 million. It was left entirely to his wife. ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/W._Averell_Harriman W. Averell Harriman Business Affairs Using money from his father, in 1922 he established W.A. Harriman & Co, a banking business. In 1927 his brother E. Roland Harriman joined the business and the name was changed to Harriman Brothers & Company. In 1931 they merged with Brown Bros. & Co. to create the highly successful Brown Brothers Harriman & Co.. Notable employees include George Herbert Walker, and Prescott Bush, who were likewise employed alongside E.R. Harriman at Union Banking Corporation (UBC), a company which was closed in 1943 by the US Government for Trading with the Enemy. Averell Harriman along with Prescott Bush financed the German Nazi's rise to power, beginning with multimillion dollar transactions to Fritz Thyssen. Their financial activities with the nazis continued during and after the war, upon which these assets were liquidated in favor of Prescott Bush. This was the beginning of the Bush family fortune. Prescott Bush went from a humble tire-salesman, to a multimillionaire. Harriman's main properties included: Brown Brothers & Harriman & Co; Union Pacific Railroad; Merchant Shipping Corporation; and various venture capital investments including Polaroid. Harriman's associated properties included: Southern Pacific Railroad (including the Central Pacific Railroad), Illinois Central Railroad; Wells Fargo & Co; Pacific Mail Steamship Co.; American Shipping & Commerce (HAPAG), American Hawaiian Steamship Co., United American Lines Co; Guarantee Trust Company and the Union Banking Corporation. Chairman, Union Pacific Railroad, 1932-1946 Harriman was appointed Ambassador at Large in the Kennedy administration, a position he held until November 1961. He was then appointed Assistant Secretary of State for Far Eastern Affairs. He remained in that position until April 1963, when he became Under Secretary of State for Political Affairs. He continued in that position in the Lyndon Johnson administration, until March 1965 when he again became Ambassador at Large, a position he would hold for the remainder of Johnson's presidency. Harriman was the chief US negotiator at the Paris peace talks on Vietnam. Harriman is noted for supporting the coup against Diem in 1963 on behalf of the state department. LBJ's confession in the assassination of Diem could indicate some complicity on Harriman's part ([2], [3]). Harriman received the Presidential Medal of Freedom in 1969. He graduated from Yale University in 1913. Harriman was initiated into the Skull and Bones Society, along with his friend Prescott Bush. He also served as a member of the Council on Foreign Relations ----------------------------------------------------------------------------------------------------------------------------- Mr. De MOHRENSCHILDT. I understand of her family--she also has Russian background. Her father was a director of the Far Eastern Railroad in China, and she was born in China and lived there. Mrs. De MOHRENSCHILDT. My father was in charge of the Far Eastern railroad. Mrs. De MOHRENSCHILDT. Oh, yes; I knew about that. I cannot tell you--that is recollections of the past. And he started to build another railroad on his own called HoHi Railroad Mr. JENNER. You were born in China? Mrs. De MOHRENSCHILDT. Yes. Mr. JENNER. Our information is it was at Harbin. Mrs. De MOHRENSCHILDT. That is right. ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/China_Far_East_Railway The China Far East Railway (a.k.a. Chinese Eastern Railway, CER) was a railway connecting China and the Russian Far East The administration of the CER took place from Harbin. ----------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- http://www.transsib.ru/Eng/history-kvzd.htm For a long period of time the Chinese Eastern line was a bone of contention between Russia and Japan. Great importance of the railways for industry of Manchuria was estimated soon by railway magnates of America in the first place Garriman. That's way it was not accidentally that America shouldered mediation in accepting of a peace treaty between Japan and Russia after the war of 1905. This treaty was signed on the 5th of September 1905 in an American town Portsmouth. It restricted substantially interest of both Russia and Japan in China, though Japan found itself in more advantageous position: ----------------------------------------------------------------------------------------------------------------------------- (Garriman/Harriman) The "Chinese Eastern Line is also known as the "Far Eastern Line", which is also known as the Trans-Siberian Railroad. http://www.bartleby.com/65/tr/TransSib.html Trans-Siberian Railroad ---------------------------------------------------------------------------------------------------------------------------- This was a portion of "The Harriman Plan" --------------------------------------------------------------------------------------------------------------------------- http://www.pressbox.co.uk/Detailed/7777.html The idea at that time was to link the rail networks of the Americas, Asia and Europe. In the late 1890s, E.H. Harriman of the Union Pacific Railroad envisaged a similar concept. “The Harriman Plan,” as it shall be called in some of these pages, was effectively scuttled by the advent of the Russo-Japan War of 1904-05. Even at that late date, the yellowed pages of a Harmsworth Encyclopaedia (c. 1904) reveal that the Americans were planning an 800-mile rail corridor from Alaska’s Cook Inlet to Cape Prince of Wales, where a rail-ferry crossing was planned. The Trans-Siberian Railroad had recently been completed (c. 1900; 1903). ---------------------------------------------------------------------------------------------------------------------------- http://www.beardbooks.com/eh_harriman.html Volume II XVIII. Far Eastern Plans 1 Harriman goes to Japan for purpose of acquiring interest in Manchurian and Siberian railroads and establishing round-the-world transportation line-- Concludes agreement with Japanese Government-- Baron Komura, upon his return from Portsmouth, opposes Harriman's plans and Government withdraws from its agreement-- Russian Government promises to sell Chinese Eastern Railroad to American syndicate, but Harriman does not live to conclude negotiations ----------------------------------------------------------------------------------------------------------------------------- Mr. De MOHRENSCHILDT. I also went to Arizona, I remember, and tried to get a job as--I don't know if it is after this experience with Humble Oil Co.-- probably--over--to get a job as a polo instructor at the Arizona Desert School ---------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/George_Jay_Gould_II George Jay Gould II (September 1, 1888 – January 26, 1935) was an American real tennis player, and son of financier George Jay Gould I. Marriage and children He married Anne Douglass Graham in 1911. George had the following children: Anne Douglass Gould who married Frank Spencer J. Meador and lived in Texas; and George Jay Gould III (1918-1985) who was a student in the Arizona Desert School in Tucson, Arizona when his father died, and he later married Eileen O'Malley (1919-1996). ---------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/George_Jay_Gould_I George Jay Gould I (February 6, 1864 – May 16, 1923) was a financier and the son of Jay Gould. He was himself a railroad executive, leading both the Denver and Rio Grande Western Railroad and the Western Pacific Railroad. Through legal wranglings led by E. H. Harriman, who at the time led both the Union Pacific and Southern Pacific Railroads, Gould was forced to set up third-party companies to manage the surveying and construction to disguise his role. ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/Jay_Gould Jason Gould (May 27, 1836 – December 2, 1892) was an American financier. Legacy In his lifetime and for a century after, Gould had a firm reputation as the most unethical of the 19th century American businessmen known as robber barons. ----------------------------------------------------------------------------------------------------------------------------- Link to comment Share on other sites More sharing options...
Thomas H. Purvis Posted January 7, 2006 Author Share Posted January 7, 2006 http://www.phelpsdunbar.com/pages/history.html1875 Firm assists in the formation of the New Orleans Pacific Railway Company, which ultimately was acquired by the Union Pacific Railroad Company, and begins a relationship that has lasted over 124 years. RAILROAD Our representation of railroad clients spans over one century. We represent major and short line railroad companies, including one that has been a client for over 100 years. ---------------------------------------------------------------------------------------------------------------------------- http://www.uprr.com/aboutup/history/sig-indv.shtml Edward Henry Harriman 1848-1909 Railroad magnate, former president of the Illinois Central and president of the Union Pacific from 1904-1909. In 1897, Harriman, as part of an investment group put together by Kuehn, Loeb & Co., bought the bankrupt UP for $110 million dollars. Soon he set about improving the line, spending over $240 million, and creating a railroad empire. Known for possessing a vision of the new order toward which railroads were evolving, Harriman embraced gigantic undertakings and served as a catalyst in changing how railroads were run, specifically promoting consolidation and acquiring rival companies. One scholar writes of Harriman, "If they would not sell the colt, Harriman would buy the mare." ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/Edward_Henry_Harriman Edward Henry Harriman (February 20, 1848 – September 9, 1909), better known as E. H. Harriman, was a wealthy railroad executive. He was born on Long Island in New York Harriman was nearly fifty years old when in 1897 he became a director of the Union Pacific Railroad. By May 1898 he was chairman of the executive committee, and from that time until his death his word was law on the Union Pacific system. In 1903 he assumed the office of president of the company. From 1901 to 1909, Harriman was also the President of the Southern Pacific railroad. The vision of a unified UP/SP railroad was planted with Harriman. At the time of his death Harriman controlled the Union Pacific, the Southern Pacific, the Saint Joseph and Grand Island, the Illinois Central, the Central of Georgia, the Pacific Mail Steamship Company, and the Wells Fargo Express Company. Estimates of his estate ranged from $200 million to $600 million. It was left entirely to his wife. ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/W._Averell_Harriman W. Averell Harriman Business Affairs Using money from his father, in 1922 he established W.A. Harriman & Co, a banking business. In 1927 his brother E. Roland Harriman joined the business and the name was changed to Harriman Brothers & Company. In 1931 they merged with Brown Bros. & Co. to create the highly successful Brown Brothers Harriman & Co.. Notable employees include George Herbert Walker, and Prescott Bush, who were likewise employed alongside E.R. Harriman at Union Banking Corporation (UBC), a company which was closed in 1943 by the US Government for Trading with the Enemy. Averell Harriman along with Prescott Bush financed the German Nazi's rise to power, beginning with multimillion dollar transactions to Fritz Thyssen. Their financial activities with the nazis continued during and after the war, upon which these assets were liquidated in favor of Prescott Bush. This was the beginning of the Bush family fortune. Prescott Bush went from a humble tire-salesman, to a multimillionaire. Harriman's main properties included: Brown Brothers & Harriman & Co; Union Pacific Railroad; Merchant Shipping Corporation; and various venture capital investments including Polaroid. Harriman's associated properties included: Southern Pacific Railroad (including the Central Pacific Railroad), Illinois Central Railroad; Wells Fargo & Co; Pacific Mail Steamship Co.; American Shipping & Commerce (HAPAG), American Hawaiian Steamship Co., United American Lines Co; Guarantee Trust Company and the Union Banking Corporation. Chairman, Union Pacific Railroad, 1932-1946 Harriman was appointed Ambassador at Large in the Kennedy administration, a position he held until November 1961. He was then appointed Assistant Secretary of State for Far Eastern Affairs. He remained in that position until April 1963, when he became Under Secretary of State for Political Affairs. He continued in that position in the Lyndon Johnson administration, until March 1965 when he again became Ambassador at Large, a position he would hold for the remainder of Johnson's presidency. Harriman was the chief US negotiator at the Paris peace talks on Vietnam. Harriman is noted for supporting the coup against Diem in 1963 on behalf of the state department. LBJ's confession in the assassination of Diem could indicate some complicity on Harriman's part ([2], [3]). Harriman received the Presidential Medal of Freedom in 1969. He graduated from Yale University in 1913. Harriman was initiated into the Skull and Bones Society, along with his friend Prescott Bush. He also served as a member of the Council on Foreign Relations ----------------------------------------------------------------------------------------------------------------------------- Mr. De MOHRENSCHILDT. I understand of her family--she also has Russian background. Her father was a director of the Far Eastern Railroad in China, and she was born in China and lived there. Mrs. De MOHRENSCHILDT. My father was in charge of the Far Eastern railroad. Mrs. De MOHRENSCHILDT. Oh, yes; I knew about that. I cannot tell you--that is recollections of the past. And he started to build another railroad on his own called HoHi Railroad Mr. JENNER. You were born in China? Mrs. De MOHRENSCHILDT. Yes. Mr. JENNER. Our information is it was at Harbin. Mrs. De MOHRENSCHILDT. That is right. ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/China_Far_East_Railway The China Far East Railway (a.k.a. Chinese Eastern Railway, CER) was a railway connecting China and the Russian Far East The administration of the CER took place from Harbin. ----------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- http://www.transsib.ru/Eng/history-kvzd.htm For a long period of time the Chinese Eastern line was a bone of contention between Russia and Japan. Great importance of the railways for industry of Manchuria was estimated soon by railway magnates of America in the first place Garriman. That's way it was not accidentally that America shouldered mediation in accepting of a peace treaty between Japan and Russia after the war of 1905. This treaty was signed on the 5th of September 1905 in an American town Portsmouth. It restricted substantially interest of both Russia and Japan in China, though Japan found itself in more advantageous position: ----------------------------------------------------------------------------------------------------------------------------- (Garriman/Harriman) The "Chinese Eastern Line is also known as the "Far Eastern Line", which is also known as the Trans-Siberian Railroad. http://www.bartleby.com/65/tr/TransSib.html Trans-Siberian Railroad ---------------------------------------------------------------------------------------------------------------------------- This was a portion of "The Harriman Plan" --------------------------------------------------------------------------------------------------------------------------- http://www.pressbox.co.uk/Detailed/7777.html The idea at that time was to link the rail networks of the Americas, Asia and Europe. In the late 1890s, E.H. Harriman of the Union Pacific Railroad envisaged a similar concept. “The Harriman Plan,” as it shall be called in some of these pages, was effectively scuttled by the advent of the Russo-Japan War of 1904-05. Even at that late date, the yellowed pages of a Harmsworth Encyclopaedia (c. 1904) reveal that the Americans were planning an 800-mile rail corridor from Alaska’s Cook Inlet to Cape Prince of Wales, where a rail-ferry crossing was planned. The Trans-Siberian Railroad had recently been completed (c. 1900; 1903). ---------------------------------------------------------------------------------------------------------------------------- http://www.beardbooks.com/eh_harriman.html Volume II XVIII. Far Eastern Plans 1 Harriman goes to Japan for purpose of acquiring interest in Manchurian and Siberian railroads and establishing round-the-world transportation line-- Concludes agreement with Japanese Government-- Baron Komura, upon his return from Portsmouth, opposes Harriman's plans and Government withdraws from its agreement-- Russian Government promises to sell Chinese Eastern Railroad to American syndicate, but Harriman does not live to conclude negotiations ----------------------------------------------------------------------------------------------------------------------------- Mr. De MOHRENSCHILDT. I also went to Arizona, I remember, and tried to get a job as--I don't know if it is after this experience with Humble Oil Co.-- probably--over--to get a job as a polo instructor at the Arizona Desert School ---------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/George_Jay_Gould_II George Jay Gould II (September 1, 1888 – January 26, 1935) was an American real tennis player, and son of financier George Jay Gould I. Marriage and children He married Anne Douglass Graham in 1911. George had the following children: Anne Douglass Gould who married Frank Spencer J. Meador and lived in Texas; and George Jay Gould III (1918-1985) who was a student in the Arizona Desert School in Tucson, Arizona when his father died, and he later married Eileen O'Malley (1919-1996). ---------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/George_Jay_Gould_I George Jay Gould I (February 6, 1864 – May 16, 1923) was a financier and the son of Jay Gould. He was himself a railroad executive, leading both the Denver and Rio Grande Western Railroad and the Western Pacific Railroad. Through legal wranglings led by E. H. Harriman, who at the time led both the Union Pacific and Southern Pacific Railroads, Gould was forced to set up third-party companies to manage the surveying and construction to disguise his role. ----------------------------------------------------------------------------------------------------------------------------- http://en.wikipedia.org/wiki/Jay_Gould Jason Gould (May 27, 1836 – December 2, 1892) was an American financier. Legacy In his lifetime and for a century after, Gould had a firm reputation as the most unethical of the 19th century American businessmen known as robber barons. ----------------------------------------------------------------------------------------------------------------------------- Mr. De MOHRENSCHILDT. I also went to Arizona, I remember, and tried to get a job as--I don't know if it is after this experience with Humble Oil Co.-- probably--over--to get a job as a polo instructor at the Arizona Desert School ---------------------------------------------------------------------------------------------------------------------------- http://www.saratogapolo.com/history.htm 1902-1906. Lakewood, Rockaway, Westchester C.C., Dedham, Meadow Brook, Bryn Mawr and Saratoga teams competed in the Sanford Cups, Hitchcock Cups, Ballston Cups, Grand Union Hotel Cups, United States Hotel Cups, the Junior Championship Cup and the Senior Championship Cup. On August 2nd, William Waldorf Astor, Esq., presented the award for the first event of the Senior Championship through the Tuxedo Club. On August 7th, the Lakewood team won the final event but was voted ineligible at a November 21 meeting at Madison Square Garden. George, Jay and Kingdon Gould were three of the four players on the Lakewood team for the Junior Championship. Kingdon Gould received a crack on the nose and was revived with restoratives. Match is postponed one day and the Rockaway team won the first event. ---------------------------------------------------------------------------------------------------------------------------- Link to comment Share on other sites More sharing options...
Thomas H. Purvis Posted January 8, 2006 Author Share Posted January 8, 2006 http://www.centennialofflight.gov/user/fact_mar.htm In 1927... The Aviation Corp. of America (AVCO), headed by Juan Trippe, forms Pan American Airways to qualify for a contract for airmail deliveries from the post office and establishes the route between Key West, Florida and Havana, Cuba as the first of several routes it would acquire. (F&F) ---------------------------------------------------------------------------------------------------------------------------- http://www.aerofiles.com/_al.html A V C O 1929: The Aviation Corp of Delaware (AVCO) founded as a funding and holding group to acquire Stinson Corp (principals: Sherman Fairchild, Averill Harriman, Lehman Brothers, Juan Trippe. 1930: Formed American Airlines. 1932: Airplane Development Corp established, became subsidiary in 1939. 1940: Stinson and Barkley-Grow sold to Vultee Corp. 1941: Acquired Consolidated Corp. 1943: Merged with Vultee as Consolidated-Vultee. ---------------------------------------------------------------------------------------------------------------------------- William D. Pawley--- Formed Inter-Continent Aircraft Corporation. William D. Pawley---President of Intercontinent Aircraft Corporation, formed in Miami, FL in 1945 with headquarters in Rockefeller Plaza, New York City. Intercontinent (Inter-Continent) Aircraft Corporation was a subsidary of the Consolidated-Vultee Corporation. The Consolidated-Vultee Corporation was formed in 1943 with the merger of Consolidated Aircraft Corporation and Vultee Aircraft Corporation. The "commonly" accepted name for the "Consolidated-Vultee" Corporation was CONAIR. Later, the name was changed to General Dynamics. And of course, serious researchers know exactly where CONAIR/aka General Dynamics comes into play in the JFK assassination scenario. Tom P.S. Don't forget that Robert E. L. Oswald, brother to LHO, also worked for CONAIR in the 1950's. ----------------------------------------------------------------------------------------------------------------------------- http://airlines.afriqonline.com/features/usa.htm In the 1920s when the domestic airline scene was being born American financial interests in Latin America is estimated to be in the region of five million dollars - a massive amount of money back then. Pan American Airways was set up on 14 March 1927 by Juan Trippe of AVCO (Aviation Corporation of America). It was funded by big shipping and rail interests in the US and also financially backed by such people like Rockerfeller, Vanderbilt and Fairchild. ----------------------------------------------------------------------------------------------------------------------------- http://www.goldismoney.info/forums/showthread.php?t=17905 William Averill Harriman of The Pilgrims (whose second marriage was into the Whitney Standard Oil fortune of Pilgrim Society members) became Ambassador to Russia in 1941. ----------------------------------------------------------------------------------------------------------------------------- http://www.rootsweb.com/~txnavarr/business...eum_company.htm The Magnolia Company was originally capitalized at $2,450,000-24,500 shares at $100 each. In 1925 the company purchased the Corsicana Petroleum Company. Capitalization was $185 million in 1925. As Magnolia Petroleum Company became increasingly important in the southwestern states, the Standard Oil Company of New York began acquiring some of its stock. In December 1925 all of the Magnolia stock was exchanged for Standard Oil Company of New York stock, and the Texas properties were transferred to Magnolia Petroleum Company, chartered under Texas law on November 21, 1925, as a corporation to replace the former joint-stock association. The Magnolia Pipe Line Company was organized in November 1925, as a transporting subsidiary of the petroleum company. In 1931, when the Standard Oil Company of New York and the Vacuum Oil Company merged to form Socony-Vacuum Oil Company, Magnolia became an affiliate of the new company. ----------------------------------------------------------------------------------------------------------------------------- Link to comment Share on other sites More sharing options...
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