An Accurate Account of the “Men Who Built America” Part 7

This is the seventh in my series of posts about the five businessmen the History Channel profiled in a terribly inaccurate and un-historical TV miniseries titled The Men Who Built America. I’m writing these posts in response to several comments and e-mails from TV viewers who have expressed interest in a more accurate version of the story. (Click here to see all Al’s columns on the program and its subjects.)

Post #7: Vanderbilt Focuses on Rail

During the late 1850’s and early ’60’s Vanderbilt shifted his attention from the shipping industry to railroads. He bought large blocks of stock in several New York area railroads, often securing positions on the boards of directors. As in all his other ventures, Vanderbilt waited until other men had proven the profit-making potential of the industry before he plunged in.
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An Accurate Account of the “Men Who Built America” Part 6

This is the sixth in my series of posts about the five businessmen the History Channel profiled in a terribly inaccurate and un-historical TV miniseries titled The Men Who Built America. I’m writing these posts in response to several comments and e-mails from TV viewers who have expressed interest in a more accurate version of the story. (Click here to see all Al’s columns on the program and its subjects.)

Post #6: Vanderbilt Crosses the Atlantic

In April of 1855, in the middle of his feud with Garrison and Morgan, Vanderbilt announced the opening of a trans-Atlantic ship line. He called it the European Line. His ongoing fight over Accessory Transit may have made the Commodore a little gun-shy about publicly traded companies; he created the European Line as a private company. Although the great majority of Atlantic traffic was still being carried by sailing ships at that time, Vanderbilt focused exclusively on steamships.

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