Wattis Brothers
The Wattis Brothers was a 19th-century railway contracting firm operated by three brothers Edmund Orson Wattis Jr. (1855–1934), Warren L. Wattis (1865–1928), and William Henry Wattis (1859–1931). It was founded in the early 1880s by William and Edmund to build railways for the Western expansion of the United States. In 1881, all three brothers operated the railway contracting firm and partnered with, or work for, the Corey Brothers in their first construction job, building the Oregon Short Line Railroad lines in Idaho. They then went to Canada to work on the Canadian Pacific Railway, where their horses died of disease and they struggled to work through heavy snows. Wattis Brothers then joined with the Corey Brothers in the Corey Brothers & Company organization to meet the obligations for completing the railway line. Wattis Brothers prospered until the Panic of 1893, a depression that affected the entire country. The company went broke after their bank failed. Wattis Broth ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Edmund Orson Wattis Jr
Edmund is a masculine given name in the English language. The name is derived from the Old English elements ''ēad'', meaning "prosperity" or "riches", and ''mund'', meaning "protector". Persons named Edmund include: People Kings and nobles *Edmund the Martyr (died 869 or 870), king of East Anglia *Edmund I (922–946), King of England from 939 to 946 *Edmund Ironside (989–1016), also known as Edmund II, King of England in 1016 *Edmund of Scotland (after 1070 – after 1097) *Edmund Crouchback (1245–1296), son of King Henry III of England and claimant to the Sicilian throne *Edmund, 2nd Earl of Cornwall (1249–1300), earl of Cornwall; English nobleman of royal descent *Edmund of Langley, 1st Duke of York (1341–1402), son of King Edward III of England *Edmund Tudor, 1st Earl of Richmond, Edmund Tudor, earl of Richmond (1430–1456), English and Welsh nobleman *Edmund, Prince of Schwarzenberg (1803–1873), the last created Austrian field marshal of the 19th century In reli ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Warren L
Warren most commonly refers to: * Warren (burrow), a network dug by rabbits * Warren (name), a given name and a surname, including lists of persons so named Warren may also refer to: Places Australia * Warren (biogeographic region) * Warren, New South Wales, a town * Warren Shire, a local government area in NSW which includes the town * Warren National Park, Western Australia Barbados * Warrens, Barbados Canada * Warren, Manitoba * Warren, Ontario United Kingdom * Warren, Pembrokeshire * Warren, Cheshire * The Warren, Bracknell Forest, a suburb of Bracknell in Berkshire * The Warren (Yeading), stadium in Hayes, Hillingdon, Greater London * The Warren Hayes, Bromley, a former mansion now sports club used by the Metropolitan Police * The Warren, Kent, part of the East Cliff and Warren Country Park * The Warren, Woolwich, Britain's principal repository and manufactory of arms and ammunition, renamed the Royal Arsenal in 1805 United States * Warren, Arizon ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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William Henry Wattis
William Henry Wattis (August 15, 1859 – September 13, 1931) was one of the three Wattis Brothers who founded Utah Construction Company in 1900. Early life William Henry Wattis was born on August 15, 1859, in Uinta, Utah Territory, the fourth of seven children born to Edmund Orson Wattis and Mary Jane Corey. With his brother Edmund Orson Wattis, he formed a firm to lay track for the expanding railroads. The fledgling Wattis Brothers firm was wiped out in the panic of 1893. While William continued to try to find construction projects, Edmund focused his energies on running a sheep ranch the brothers had established in the Weber Valley. This ranch and others would later provide the financial strength for the large construction projects to come. Wattis married his sweetheart, Anna Maria Dorothea Sophie "Marie" Stander, on January 9, 1889. They had three daughters and one son. In 1897, they lost Florence Louise, age 5, and Edmund (Teddy), age 1, within six months of each other wh ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Manifest Destiny
Manifest destiny was the belief in the 19th century in the United States, 19th-century United States that American pioneer, American settlers were destined to expand westward across North America, and that this belief was both obvious ("''manifest''") and certain ("''destiny''"). The belief is rooted in American exceptionalism, Romantic nationalism, and white nationalism, implying the inevitable spread of republicanism and the American way. It is one of the earliest expressions of American imperialism in the United States. According to historian William Earl Weeks, there were three basic tenets behind the concept: * The assumption of the unique moral virtue of the United States. * The assertion of its mission to redeem the world by the spread of republican government and more generally the "American way of life". * The faith in the nation's divinely ordained destiny to succeed in this mission. Manifest destiny remained heavily divisive in politics, causing constant conflict ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oregon Short Line Railroad
The Oregon Short Line Railroad was a railroad in Wyoming, Idaho, Utah, Montana and Oregon in the United States. The line was organized as the Oregon Short Line Railway in 1881 as a subsidiary of the Union Pacific Railway. The Union Pacific intended the line to be the shortest route ("the short line") from Wyoming to Oregon and the Pacific Northwest. Construction was begun in 1881 at Granger, Wyoming, Granger, Wyoming, and completed in 1884 at Huntington, Oregon, Huntington, Oregon. In 1889 the line merged with the Utah and Northern Railway, Utah & Northern Railway and a handful of smaller railroads to become the Oregon Short Line and Utah Northern Railway. Following the bankruptcy of Union Pacific in 1897, the line was taken into receivership and reorganized as the Oregon Short Line Railroad ("OSL"). The OSL became a part of the Union Pacific System in the Harriman reorganization of 1898. Oregon Short Line Railway The Oregon Short Line Railway was organized on April 14, 1881. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Canadian Pacific Railway
The Canadian Pacific Railway () , also known simply as CPR or Canadian Pacific and formerly as CP Rail (1968–1996), is a Canadian Class I railway incorporated in 1881. The railway is owned by Canadian Pacific Kansas City, Canadian Pacific Kansas City Limited, known until 2023 as Canadian Pacific Railway Limited, which began operations as legal owner in a corporate restructuring in 2001. The railway is headquartered in Calgary, Alberta. In 2023, the railway owned approximately of track in seven provinces of Canada and into the United States, stretching from Montreal to Vancouver, and as far north as Edmonton. Its rail network also served Minneapolis–St. Paul, Milwaukee, Detroit, Chicago, and Albany, New York, in the United States. The railway was first built between eastern Canada and British Columbia between 1875 and 1885 (connecting with Ottawa Valley and Georgian Bay area lines built earlier), fulfilling a commitment extended to British Columbia when it entered Canadia ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Panic Of 1893
The Panic of 1893 was an economic depression in the United States. It began in February 1893 and officially ended eight months later. The Panic of 1896 followed. It was the most serious economic depression in history until the Great Depression of the 1930s. The Panic of 1893 deeply affected every sector of the economy and produced political upheaval that led to the political realignment and the presidency of William McKinley. The panic climaxed with a run on gold from the United States Treasury. As part of the panic, on May 5, 1893, the Dow Jones Industrial Average fell 24% in a single day after the bankruptcy of National Cordage Company; this was the largest single day drop until the Great Depression. Unemployment rates in many states rose above 25% and poverty became widespread. Causes Causes of the panic include: * Baring crisis - Heavy investment in Argentina by Barings Bank followed by the 1890 wheat crop failure and the Revolution of the Park, a failed coup in Buenos ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Utah Construction Company
The Utah Construction Company was a construction company founded by Edmund Orson Wattis Jr., Warren L. Wattis and William. H. Wattis in 1900. History The Wattis Brothers received funding from David Eccles, Thomas Dee, Joseph Clark and James Pingree families. Thomas Dee served as the first president of Utah Construction until his death in 1905, David Eccles served as the second president, and Eccles's son Marriner became the president of Utah Construction concurrently with being the Federal Reserve chairman. The shareholders and Val Browning acquired the shares of Warren Wattis in the 1940s. The Wattis Brothers' original $8,000 investment in 1900 grew to $478 million after the 1976 acquisition by General Electric. Only four years after its founding, the company was awarded the contract to build the Feather River rail route, between Oakland and Salt Lake City, for the Western Pacific Railroad. The line was completed in 1909. The $60 million project had been extremely chal ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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David Eccles (businessman)
David Eccles Sr (May 12, 1849 – December 6, 1912) was an American businessman and industrialist who founded many businesses throughout the western United States and became Utah's first multimillionaire. Biography Eccles was born in Paisley, Scotland, to William and Sarah Hutchinson Eccles. In 1863 his family moved from Glasgow to the United States of America, sailing on the ''Cynosure'' and eventually settling in Ogden Valley, located in eastern Weber County, Utah. The move was made because of their joining the Church of Jesus Christ of Latter-day Saints and their desire to be near the body of the church. He lived in both Eden and Liberty, Utah. After struggling to make a living, the family moved to Oregon City, Oregon. There they worked in a new mill. He worked for the mill for a year, then for a lumber corporation, and the Oregon and California Railroad. The family moved back to Ogden, Utah, in 1869 after the completion of the Transcontinental Railroad hopi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Established In The 1880s
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |