Edward Henry Harriman Classic Reprint

Author : Otto Hermann Kahn
Publisher :
ISBN 13 : 9781330682722
Total Pages : 54 pages
Book Rating : 4.6/5 (827 download)

DOWNLOAD NOW!

Download or read book Edward Henry Harriman written by Otto Hermann Kahn and published by . This book was released on 2015-07-04 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Edward Henry Harriman: An Address Delivered Before the Finance Forum in New York on January 25, 1911 I first met Mr. Harriman in the year 1894. At that time what moderate degree of importance attached to his person in the financial community rested mainly upon the fact of his being chairman of the finance committee of the Illinois Central Railroad. It was then a well known circumstance among bankers that the Illinois Central's finances were managed with remarkable skill and foresight. Somehow or other, it never had bonds for sale except in times when bonds were in great demand; it never borrowed money except when money was cheap and abundant; periods of storm and stress ever found it amply prepared and fortified; its credit was of the highest. The few acquainted with the facts conceded that Mr. Harriman was a shrewd financial manager, but he had reached the age of nearly fifty years without attracting any general attention. In later life, when in reminiscent moods, he used to say that the fact that ho had been born and bred in New York, and had done his work right hero in the midst of people many of whom had known him a great number of years, had militated considerably against his recognition. He thought if he had "blown" into Now York from the West, his rise would have been a good deal more rapid. It was the old story of the prophet having little honor in his own country. Even after he had started on his course of achievements in the Union Pacific Railroad those of us who then began to speak about the man's marvellous capacities, used to be met frequently with remarks such as: "Ned Harriman! Why, I knew him years ago as a little "two dollar broker." What should he know about practical railroading? How could he suddenly be developing these wonderful qualities you sneak of? About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.