Items related to Another Chapter Of Erie

Another Chapter Of Erie - Softcover

George Crouch

 
9780461864984: Another Chapter Of Erie

Synopsis

Another Chapter Of Erie by George Crouch. This pamphlet picks up where the earlier Chapter of Erie left off, offering a detailed, pro-Erie account of the railroad's history under Gould and Fisk. It surveys the rise of the Erie Railway from near bankruptcy to a dominant national line, analyzes the independent stance of its managers, and confronts the Ramsey and other legal challenges aimed at ousting them. The text describes Erie divisions (Eastern, Delaware, Susquehanna, Buffalo and Northwestern) and their modernizations—steel rails, iron bridges, machine shops, depots, and new rolling stock—along with ambitious plans to extend coal and grain traffic and to unify in a continental network. It also recounts the Ramsey case and the alleged counter-movements by rival lines and English investors, and it assembles a chorus of contemporary press opinions praising management and predicting a luminous future for Erie. In short, it is a defense of visionary railroad expansion and macroeconomic strategy in the late 1860s and early 1870s.

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