E. H. Harriman
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Edward Henry Harriman (February 20, 1848 – September 9, 1909) was an American
financier An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Type ...
and railroad executive.


Early life

Harriman was born on February 20, 1848, in
Hempstead, New York The Town of Hempstead (also known historically as South Hempstead) is the largest of the three towns in Nassau County (alongside North Hempstead and Oyster Bay) in the U.S. state of New York. It occupies the southwestern part of the county, o ...
, the son of Orlando Harriman Sr., an Episcopal clergyman, and Cornelia Neilson. He had a brother, Orlando Harriman Jr. His great-grandfather, William Harriman, had emigrated from England in 1795 and became a successful businessman and trader. As a young boy, Harriman spent a summer working at the Greenwood Iron Furnace in the area owned by the Robert Parker Parrott family that would become Harriman State Park. He quit school at age 14 to take a job as an errand boy on
Wall Street Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for ...
in New York City. His uncle Oliver Harriman had earlier established a career there. By age 22, he was a member of the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its liste ...
.


Career

Harriman's father-in-law was president of the
Ogdensburg and Lake Champlain Railroad The Ogdensburg and Lake Champlain Railroad was founded in 1849 as the Northern Railroad running from Ogdensburg to Rouses Point, New York. The railroad was leased by rival Central Vermont Railroad for several decades, ending in 1896. It was pu ...
Company, which aroused Harriman's interest in upstate
New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...
transportation. In 1881, at age 33, Harriman acquired the small, broken-down Lake Ontario Southern Railroad. He renamed it the Sodus Bay & Southern, reorganized it, and sold it to the
Pennsylvania Railroad The Pennsylvania Railroad (reporting mark PRR), legal name The Pennsylvania Railroad Company also known as the "Pennsy", was an American Class I railroad that was established in 1846 and headquartered in Philadelphia, Pennsylvania. It was named ...
at a considerable profit. This was the start of his career as a rebuilder of bankrupt railroads. Harriman was nearly 50 years old when in 1897 he became a director of the
Union Pacific Railroad The Union Pacific Railroad , legally Union Pacific Railroad Company and often called simply Union Pacific, is a freight-hauling railroad that operates 8,300 locomotives over routes in 23 U.S. states west of Chicago and New Orleans. Union Paci ...
. By May 1898, he was chairman of the executive committee, and from that time until his death, his word was the 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 Southern Pacific (or Espee from the railroad initials- SP) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the ...
. The vision of a unified UP/SP railroad was planted with Harriman. (The UP and SP were reunited on September 11, 1996, a month after the
Surface Transportation Board The Surface Transportation Board (STB) of the United States is a federal, bipartisan, independent adjudicatory board. The STB was established on January 1, 1996, to assume some of the regulatory functions that had been administered by the Interstat ...
approved their merger.) At the time of his death Harriman controlled the Union Pacific, the Southern Pacific, the Saint Joseph and Grand Island, the
Illinois Central The Illinois Central Railroad , sometimes called the Main Line of Mid-America, was a railroad in the Central United States, with its primary routes connecting Chicago, Illinois, with New Orleans, Louisiana, and Mobile, Alabama. A line also c ...
, the
Central of Georgia The Central of Georgia Railway started as the Central Rail Road and Canal Company in 1833. As a way to better attract investment capital, the railroad changed its name to Central Rail Road and Banking Company of Georgia. This railroad was cons ...
, the Pacific Mail Steamship Company, and the
Wells Fargo Express Company Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and int ...
. Estimates of his estate ranged from $150 million to $200 million. That fortune was left entirely to his wife.


Harriman Alaska expedition

In 1899, Harriman sponsored and accompanied a scientific expedition to catalog the flora and fauna of the Alaska coastline. Many prominent scientists and naturalists went on the expedition, aboard the luxuriously refitted steamer SS ''George W. Elder''.


Interest in ju-jitsu

Harriman became interested in
ju-jitsu Jujutsu ( ; ja, link=no, 柔術 , ), also known as jiu-jitsu and ju-jitsu, is a family of Japanese martial arts and a system of close combat (unarmed or with a minor weapon) that can be used in a defensive or offensive manner to kill or subd ...
after his two-month visit to Japan in 1905. When he returned to America, he brought with him a troupe of six Japanese ju-jitsu wrestlers, including the prominent
judoka is an unarmed modern Japanese martial art, Olympic sport (since 1964), and the most prominent form of jacket wrestling competed internationally.『日本大百科全書』電子版【柔道】(CD-ROM version of Encyclopedia Nipponica, "Judo"). ...
s Tsunejiro Tomita and
Mitsuyo Maeda ,Virgílio, pp. 22–25 a Brazilian naturalized as Otávio Maeda (),Virgílio, p. 9 was a Japanese ''judōka'' (judo practitioner) and prizefighter in no holds barred competitions, also being one of the first documented mixed martial artists of ...
. Among many performances, the troupe gave an exhibition that drew some 600 spectators in the
Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
gymnasium on February 7, 1905.


Personal life

In 1879, Harriman married
Mary Williamson Averell Mary Williamson Averell Harriman (July 22, 1851 – November 7, 1932) was an American philanthropist and the wife of railroad executive E. H. Harriman. Born in New York to a successful family, Averell married Harriman in 1879. Averell's father i ...
, daughter of William J. Averell, a banker in
Ogdensburg, New York Ogdensburg ( moh, Kaniatarahòn:tsi) is a city in St. Lawrence County, New York, United States. The population was 10,436 at the 2019 census. In the late 18th century, European-American settlers named the community after American land owner and d ...
. Together they had six children: * Mary Harriman (1881–1934), who married
Charles Cary Rumsey Charles Cary Rumsey (August 29, 1879 – September 21, 1922) was an American sculptor and an eight-goal polo player. Early life Rumsey was born on August 29, 1879 in Buffalo, New York. He was the son of Laurence Dana Rumsey, a successful local ...
(1879–1922), a sculptor, in 1910. * Henry Neilson Harriman (1883–1888), who died young. * Cornelia Harriman (1884–1966), who married
Robert Livingston Gerry Sr. Robert Livingston Gerry Sr. (May 31, 1877 – October 31, 1957) was an American businessman and owner of thoroughbred racehorses. Early life Gerry was born on May 31, 1877 and was the son of Louisa Matilda Livingston (1836–1920) and Elbridge ...
(1877–1957) in 1908. * Carol Averell Harriman (1889–1948), who married Richard Penn Smith Jr. (1893–1929) in 1917. After his death, she married W. Plunket Stewart, who had previously been married and divorced from Elsie Cassatt, the daughter of
Alexander Cassatt Alexander Johnston Cassatt (December 8, 1839 – December 28, 1906) was the seventh president of the Pennsylvania Railroad (PRR), serving from June 9, 1899, to December 28, 1906. Family and early life Alexander Cassatt was born on December 8, ...
, in 1930. *
William Averell Harriman William Averell Harriman (November 15, 1891July 26, 1986), better known as Averell Harriman, was an American Democratic politician, businessman, and diplomat. The son of railroad baron E. H. Harriman, he served as Secretary of Commerce un ...
(1891-1986), the
Secretary of Commerce The United States secretary of commerce (SecCom) is the head of the United States Department of Commerce. The secretary serves as the principal advisor to the president of the United States on all matters relating to commerce. The secretary rep ...
under
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...
Harry S. Truman, the 48th
Governor of New York The governor of New York is the head of government of the U.S. state of New York. The governor is the head of the executive branch of New York's state government and the commander-in-chief of the state's military forces. The governor h ...
, the U.S. Ambassador to the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
and U.S. Ambassador to Britain. He was married three times: First to Kitty Lanier Lawrance (from 1915 until their divorce in 1929), then Marie Norton Whitney (from 1930 until her death in 1970), then lastly Pamela Beryl Digby Churchill Hayward (from 1971 until his death in 1986) * Edward Roland Noel Harriman (1895–1978), who married Gladys Fries (1896–1983) in 1917. Harriman died on September 9, 1909, at his home, Arden, at 1:30 p.m. at age 61. Naturalist
John Muir John Muir ( ; April 21, 1838December 24, 1914), also known as "John of the Mountains" and "Father of the National Parks", was an influential Scottish-American naturalist, author, environmental philosopher, botanist, zoologist, glaciologis ...
, who had joined him on the 1899 Alaska expedition, wrote in his eulogy of Harriman, "In almost every way, he was a man to admire." Harriman was buried at the St. John's Episcopal Church cemetery in the hamlet of Arden, near his estate.


Harriman estate

In 1885, Harriman acquired " Arden", the Parrott family estate in the Ramapo Highlands near
Tuxedo, New York Tuxedo is a town located in Orange County, New York, United States, along the Ramapo River. As of the 2010 census, the town had a total population of 3,624. The town is in the southeastern part of the county in the Ramapo Mountains. New York Stat ...
, for $52,500. The property had been a source of iron ore for the Parrott Brothers Iron Works. Over the next several years he purchased almost 40 nearby parcels of land, adding , and connected all of them with of bridle paths. His residence, Arden House, was completed just seven months before he died. In the early 1900s, his sons
W. Averell Harriman William Averell Harriman (November 15, 1891July 26, 1986), better known as Averell Harriman, was an American Democratic politician, businessman, and diplomat. The son of railroad baron E. H. Harriman, he served as Secretary of Commerce un ...
and E. Roland Harriman hired landscape architect Arthur P. Kroll to landscape many acres. In 1910, his widow donated to the state of New York for Harriman State Park. The estate was designated a
National Historic Landmark A National Historic Landmark (NHL) is a building, district, object, site, or structure that is officially recognized by the United States government for its outstanding historical significance. Only some 2,500 (~3%) of over 90,000 places liste ...
in 1966.


Legacy


Award

*In 1913, his widow created the
E. H. Harriman Award The E.H. Harriman Award was an annual award presented to American railroad companies in recognition for outstanding safety achievements. History The award was founded in 1913 by Mary Averell Harriman, wife of the late Edward H. Harriman. Afte ...
to recognize outstanding achievements in railway safety. The award has been presented on an annual basis since then. * Stephen Birmingham writes in the book '' Our Crowd'' that "Ned" Harriman was considered one of the most disagreeable men of his period. The book quotes
James Stillman James Jewett Stillman (June 9, 1850 – March 15, 1918) was an American businessman who invested in land, banking, and railroads in New York, Texas, and Mexico. He was chairman of the board of directors of the National City Bank. He forged alli ...
of the National City Bank calling him "not a safe man to do business with, yet the Illinois Central run by Harriman was one of the best-run and most profitable in the country."


Namesakes

* Harriman, New York *The Union Pacific Harriman Dispatch Center in
Omaha, Nebraska Omaha ( ) is the largest city in the U.S. state of Nebraska and the county seat of Douglas County. Omaha is in the Midwestern United States on the Missouri River, about north of the mouth of the Platte River. The nation's 39th-largest ...
is named for Edward H. Harriman. *
Harriman Glacier Harriman Glacier is an long glacier in the U.S. state of Alaska. It trends northeast from Passage Peak to its terminus at the head of Harriman Fjord, northeast of Whittier, Chugach Mountains. It was named by members of the 1899 Harriman A ...
in
Alaska Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Yup'ik: ''Alaskaq''; tli, Anáaski) is a state located in the Western United States on the northwest extremity of North America. A semi-exclave of the U ...
's
Chugach National Forest The Chugach National Forest is a United States National Forest in south central Alaska. Covering portions of Prince William Sound, the Kenai Peninsula and the Copper River Delta, it was formed in 1907 from part of a larger forest reserve. The C ...
, located in
Whittier, Alaska Whittier is a city at the head of the Passage Canal in the U.S. state of Alaska, about southeast of Anchorage. The city is within the Chugach Census Area, one of the two entities established in 2019 when the former Valdez–Cordova Census Ar ...
, was named for him by the Harriman Alaska expedition *Two post offices in Oregon were named for Harriman, including the one at Rocky Point, where he maintained a summer camp for several years. *Financial and business publisher Harriman House is named after Harriman. *The city of
Sparks, Nevada Sparks is a city in Washoe County, Nevada, United States. It was founded in 1904, incorporated on March 15, 1905, and is located just east of Reno. The 2020 U.S. Census counted 108,445 residents in the city. It is the fifth most populous city i ...
, was known as Harriman during its early existence. * Harriman State Park in Tuxedo, New York * Harriman State Park in Island Park, Idaho


Places built using funds donated from his sponsorship or estate

*Harriman founded the Tompkins Square Boys' Club, now known as The Boys' Club of New York. The original club, founded in 1876, was located in the rented basement of the Wilson School in
Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
's
Lower East Side The Lower East Side, sometimes abbreviated as LES, is a historic neighborhood in the southeastern part of Manhattan in New York City. It is located roughly between the Bowery and the East River from Canal to Houston streets. Traditionally an im ...
, and began with three boys. Harriman's idea for the club was to provide a place "for the boys, so as to get them off the streets and teach them better manners." By 1901, the club had outgrown its space. Harriman purchased several lots on 10th and Avenue A, and a five-story clubhouse was completed in 1901.Kennan, p. 39 *Inheritance taxes from Harriman's estate, in the amount of $798,546 paid by his widow on March 1, 1911, to the State of Utah, helped fund the construction of the state's capital.


In popular culture

* Harriman is the topic of a verse in the song "
The Yama Yama Man "The Yama Yama Man" was a comical song for the Broadway show ''The Three Twins'', published in 1908 by M. Witmark & Sons with music by Karl Hoschna and lyrics by Collin Davis. It became popular after Bessie McCoy's animated performance in a sati ...
" (1908) that concerns the war of succession with
Stuyvesant Fish Stuyvesant Fish (June 24, 1851 – April 10, 1923) was an American businessman and member of the Fish family who served as president of the Illinois Central Railroad. He owned grand residences in New York City and Newport, Rhode Island, entertain ...
over the
Illinois Central Railroad The Illinois Central Railroad , sometimes called the Main Line of Mid-America, was a railroad in the Central United States, with its primary routes connecting Chicago, Illinois, with New Orleans, Louisiana, and Mobile, Alabama. A line al ...
around 1906. * Harriman is mentioned in the movie ''
Butch Cassidy and the Sundance Kid ''Butch Cassidy and the Sundance Kid'' is a 1969 American Western buddy film directed by George Roy Hill and written by William Goldman. Based loosely on fact, the film tells the story of Wild West outlaws Robert LeRoy Parker, known as Butch C ...
'' (1969), as the commercial baron whose agents become the title characters' nemeses. In the film's second train robbery, a railroad employee ascribes his refusal to cooperate with the robbery to his obligations to Harriman personally, and one of Butch and Sundance's intimates describes Harriman's hiring of famed outlaw-hunters to track down the gang's leaders. * In the movie ''
The Wild Bunch ''The Wild Bunch'' is a 1969 American epic Revisionist Western film directed by Sam Peckinpah and starring William Holden, Ernest Borgnine, Robert Ryan, Edmond O'Brien, Ben Johnson and Warren Oates. The plot concerns an aging outlaw ga ...
'' (1969), a railroad official named Pat Harrigan serves as a stand-in for Harriman. * Harriman is a playable character in the video game series '' Railroad Tycoon''. * Harriman is one of the several prominent industrial figures who serve as inspiration for Leviticus Cornwall in the 2018 video game ''
Red Dead Redemption 2 ''Red Dead Redemption 2'' is a 2018 action-adventure game developed and published by Rockstar Games. The game is the third entry in the ''Red Dead'' series and a prequel to the 2010 game ''Red Dead Redemption''. The story is set in 1899 and f ...
''.


See also

*
List of railroad executives This is a list of railroad executives, defined as those who are presidents and chief executive officers of railroad and railway systems worldwide. A * Edwin Hale Abbot, Abbot, Edwin H. (1834–1927), Wisconsin Central Railway (1897–1954), ...


References


Further reading

*Haeg, Larry, ''Harriman vs Hill: Wall Street's Great Railroad War'', University of Minnesota Press, 2013 * Hofsommer, Don L. "For Territorial Dominion in California and the Pacific Northwest: Edward H. Harriman and James J. Hill." ''California History'' 70.1 (1991): 30-45. DOI: 10.2307/25158551 * Hofsommer, Don L. "Rivals for California: The Great Northern and the Southern Pacific, 1905-1931." ''Montana: The Magazine of Western History'' 38.2 (1988): 58-67. * Hofsommer, Don L. ''Minneapolis and the age of railways'' (2005) * Kahn, Otto H., ''Edward Henry Harriman'' (1911), reprinted as "The Last Figure of an Epoch: Edward Henry Harriman," in ''Our Economic and Other Problems'' (1920) * Klein, Maury. ''The Life & Legend of EH Harriman'' (U of North Carolina Press, 2000), The standard scholarly biography * * * * * * * * * Also see
Northern Securities Co. v. United States ''Northern Securities Co. v. United States'', 193 U.S. 197 (1904), was a case heard by the U.S. Supreme Court in 1903. The Court ruled 5-4 against the stockholders of the Great Northern and Northern Pacific railroad companies, which had essential ...
. * Muir, John
''Edward Henry Harriman''
(1911) *Myles, William J., ''Harriman Trails, A Guide and History'', The New York-New Jersey Trail Conference, New York, N.Y., 1999 * * "In the Matter of Consolidations and Combinations of Carriers," Interstate Commerce Commission Reports, XII (1908) * Articles and estimates of his life and work in Cosmopolitan, Mar. 1903, July 1909; Moody's Mag., Oct. 1906, Oct. 1909; Am. Rev. of Revs., Jan. 1907, Oct. 1909; McClure's Mag., Oct. 1909, Jan. 1911; N. Y. Times and N. Y. Sun, September 10, 1909; Railway World, September 17, 1909.


External links



254 photographs from 1899 of Edward Harriman's scientific expedition to Alaska, including images of Alaskan Native Americans and their villages, scenic views of the coastline, glaciers and Alaskan towns. * {{DEFAULTSORT:Harriman, Edward Henry 1848 births 1909 deaths 19th-century American railroad executives American people of English descent Philanthropists from New York (state) 20th-century American railroad executives Explorers of Alaska People from Klamath County, Oregon People from Hempstead (village), New York Southern Pacific Railroad people Union Pacific Railroad people 19th-century American landowners People from Tuxedo, New York Harriman family 20th-century American landowners