Villard The Life And Times Of An American Titan

Born Heinrich Hilgard in Bavaria, Henry Villard (1835-1900) emigrated to the United States at age 18 after a disagreement with his father, penniless, not speaking a word of English and without his parents’ knowledge. Within five years, he had mastered the English language and was covering the events of the day for the nation’s top newspapers. Villard reported firsthand on the Lincoln-Douglas debates and from the front lines of the Civil War, filed graphic, hard-hitting reports that earned him the admiration of the newspaper community. His circle of acquaintances included President Lincoln, General Grant, and the famed abolitionist William Lloyd Garrison, whose daughter Villard married. When the Civil War ended, Villard’s penchant for risk-taking and adventure and his uncanny business acumen led him to become a restless innovator, breaking new ground in many areas. In journalism, he launched the first news syndicate in the United States; in the world of finance, he was a pioneer of venture capitalism and one of the first to employ the leveraged buyout. He catapulted himself into the presidency of the Northern Pacific Railroad and shared with Thomas Edison the vision of an electrified nation. His investment in Edison’s electrical enterprises paved the way for Villard to mastermind the consolidation of what is now known as the General Electric Company. In 1883, triumphantly driving the last spike himself, he completed the nation’s second transcontinental railroad. Later that year a financial panic nearly ruined him, but within a few years he made a phenomenal comeback based on his faith in Edison and the future of electricity. Drawing on unpublished letters, Henry Villard’s German and English memoirs, and other sources, this biography vividly recreates Villard’s times and tells the rags-to-riches story of a German immigrant who made major contributions to his adopted homeland. “[Villard’s] story is worth telling and in this biography it is told well.” — The Economist “The account here of young Henry’s ghastly first year as an immigrant is terrific, as good a piece of American biography as I’ve read. In general, you come away from the book with a much clearer idea of the Civil War as opportunity, not merely disaster, and as the watershed in U.S. history... Villard was an attractive character: optimistic, generous, affectionate. His attitudes toward slavery and female emancipation need cause his great-granddaughter no blush... [B]ecause we have so much information about Henry Villard [...] he comes alive for us as no other businessman of his age.” — James Buchan, The Observer “In their well-crafted biography, Alexandra Villard de Borchgrave and John Cullen lovingly recount the meteoritic rise of one of the nineteenth century’s most unsung business ‘titans,’ Henry Villard.” — Ryan J. Carey, Harvard Business School’s Business History Review “An insightful, lively and much-needed biography...” — John M. Lindley, Ramsey County History “Henry Villard is a name not widely known today, but a century ago this would not have been the case. Alexandra de Borchgrave’s and John Cullen’s biography of her greatgrandfather’s rise from penniless and prospectless young German immigrant to prominence and wealth has the fast pace and rich detail of a good novel and the meticulous research of a good history.” — Dr. Henry A. Kissinger “Henry Villard’s great-granddaughter Alexandra de Borchgrave and John Cullen have brought us a fascinating, brisk, and judicious life of one of the most intriguing figures in American history. Villard is the story not only of one man’s heroic enterprise, but also of Abraham Lincoln, William Lloyd Garrison, and the Civil War, the rise of railroads, the contradictions of the Gilded Age, and New York’s arrival as a world-class city.” — Michael Beschloss, historian “A spruce, engaging account of the life and services of one of the great public and private figures of our time. Anyone engaged with New York and American values in the past century should certainly read it. It will be time admirably spent.” — John Kenneth Galbraith, professor of economics, Harvard University “A remarkable, illuminating portrait of one of the great figures of New York history. Superbly told. An important adjunct to the library of anyone who is interested in the history of New York City.” — George Plimpton, author; editor of The Paris Review “The stirring saga of a truly remarkable man who enthusiastically embraced the challenges of his turbulent century. Immigrant, journalist, explorer, war correspondent, entrepreneur, tycoon, and visionary — Villard’s boundless energy, adventurous spirit, and courage in the face of adversity are an inspiration.” — Brian C. Pohanka, Civil War author and consultant to Time-Life Books’ The Civil War “Alexandra de Borchgrave and John Cullen at last do justice to a forgotten giant of American journalism and finance. A Civil War correspondent who invented the news syndicate and knew and was admired by President Lincoln, he then entered the world of finance to tussle with the likes of J. P. Morgan in the building of American railroads, and the founding of what became General Electric. Almost ruined in the panic of 1883, he returned to rebuild his empire and regain his place both in business and society. It’s a great addition to the story of America.” — Walter B. Wriston, former chairman, Citicorp

Though reviled for more than a century as Wall Street's greatest villain, Jay Gould was in fact its most original creative genius. Gould was the robber baron's robber baron, the most astute financial and business strategist of his time and also the most widely hated. In Dark Genius of Wall Street, acclaimed biographer Edward J. Renehan, Jr., combines lively anecdotes with the rich social tapestry of the Gilded Age to paint the portrait of the most talented financial buccaneer of his generation-- and one of the inventors of modern business.

In 1883, railroad financier Henry Villard brought Portland and the Pacific Northwest their first transcontinental railroad. Earning a reputation for boldness on Wall Street, the war correspondent turned entrepreneur set out to establish Portland as a bourgeoning metropolis. To realize his vision, he hired architects McKim, Mead & White to design a massive passenger station and a first-class hotel. Despite financial panics, lost fortunes and stalled construction, the Portland Hotel opened in 1890 and remained the social heart of the city for sixty years. While the original station was never built, Villard returned as a pivotal benefactor of Union Station, saving its iconic clock tower in the process. Author Alexander Benjamin Craghead tells the story of this Gilded Age patron and the architecture that helped shape the city's identity.

A gripping, “rollicking” (John Carreyrou, New York Times bestselling author of Bad Blood) biography of Jay Gould, the greatest of the 19th-century robber barons, whose brilliance, greed, and bare-knuckled tactics made him richer than Rockefeller and led Wall Street to institute its first financial reforms. Had Jay Gould put his name on a university or concert hall, he would undoubtedly have been a household name today. The son of a poor farmer whose early life was marked by tragedy, Gould saw money as the means to give his family a better life…even if, to do so, he had to pull a fast one on everyone else. After entering Wall Street at the age of twenty-four, he quickly became notorious when he paralyzed the economy and nearly toppled President Ulysses S. Grant in the Black Friday market collapse of 1869 in an attempt to corner the market on gold—an event that remains among the darkest days in Wall Street history. Through clever financial maneuvers, he gained control over one of every six miles of the country’s rapidly expanding network for railroad tracks—coming close to creating the first truly transcontinental railroad and making himself one of the richest men in America. American Rascal shows Gould’s complex, quirky character. He was at once praised for his brilliance by Rockefeller and Vanderbilt and condemned for forever destroying American business values by Mark Twain. He lived a colorful life, trading jokes with Thomas Edison, figuring Thomas Nast’s best sketches, paying Boss Tweed’s bail, and commuting to work in a 200-foot yacht. Gould thrived in an expanding, industrial economy in which authorities tolerated inside trading and stock price manipulation because they believed regulation would stifle the progress. But by taking these practices to new levels, Gould showed how unbridled capitalism was, in fact, dangerous for the American economy. This “gripping biography” (Fortune) explores how Gould’s audacious exploitation of economic freedom triggered the first public demands for financial reforms—a call that still resonates today.

This is a biography of Westinghouse, genius inventor from railroad and gas distribution equipment to the corporate model of invention and research. He surpassed Edison in electricity pioneering and in managing workers too; but they both lost their companies in the panic of 1907. The bank always wins.

First Published in 2015. Routledge is an imprint of Taylor & Francis, an Informa company.

Few American newspapers, perhaps none, have matched the New York Herald Tribune in the crispness of its writing and editing, the bite of its commentators, the range of its coverage and the clarity of its typography. The “Trib”, as it was affectionately called, raised newspapering to an art form. It had an influence and importance out of all proportion to its circulation. During the Civil War, Abraham Lincoln went to great lengths to retain the support of its co-founder, Horace Greeley. President Eisenhower felt it was such an important institution and Republican organ that he helped broker its sale to its last owner, multimillionaire John Hay Whitney. The Trib’s spectacularly distinguished staffers and contributors included Karl Marx, Tom Wolfe, Walter Lippmann, Dorothy Thompson, Virgil Thomson, Eugenia Sheppard, Red Smith, Heywood Broun, Walter Kerr, Homer Bigart, and brothers Joseph and Stewart Alsop. At the close of World War II, the Herald Tribune, the marriage of two newspapers that had done more than any others to create modern daily journalism, was at its apex of power and prestige. Yet just twenty-one years later, its influence still palpable in every newsroom across the nation, the Trib was gone. This is the story The Paper, a 1986 finalist of the National Book Award for Nonfiction and winner of the George Polk Prize, tells. “Probably the best book ever written about an American newspaper. But it is more than that — a brilliant piece of social history that recounts in vivid and telling detail the changing conception of ‘news’ in America... The book is chockablock with marvelous yarns... And what a cast of characters Kluger has to work with... Some of the most vivid pages in The Paper are Kluger’s portraits of these arresting personalities.” — J. Anthony Lukas, The Boston Globe “Monumental... with a narrative sweep that is always absorbing and sometimes breathtaking... What invigorates this history is Mr. Kluger’s enthusiasm for his subject, which is apparent everywhere in the loving detail with which he tells the story... and in the liveliness of the prose with which he profiles some of the Tribune’s more unusual personalities.” — Christopher Lehmann-Haupt, The New York Times “Engrossing... if there is a better book about an American newspaper, I am unaware of it... It is loaded to the gunnels with newspaper anecdotes, but at its core The Paper is a book about the relationship between the press and the powerful, the press and the wealthy.” — Jonathan Yardley, Washington Post Book World “The romance of The Front Page, genteel anti-Semitism, the disaster of newspaper labor relations, and the rise and fall of newspaper fortunes. All are there in The Paper. It is irresistible.” — Anthony Lewis “Compelling... most delightfully so when Mr. Kluger is limning the words and deeds of the people who made The Paper crackle with vitality for more than a century... He does a remarkable job of bringing these people to life on the printed page.” — David Shaw, The New York Times Book Review “Remarkable... a fascinating account of a greatness that once was... This book will hold you in its narrative grip as you revel in a story of a grand venture and epic characters... Here the history of a newspaper is a graphic presentation of a nation’s life.” — Kirkus Reviews “Richard Kluger is uniquely qualified to tell this tale... He brings a novelist’s imagination to some vivid material.” — Paul Gray, Time Magazine “Fascinating from start to finish, the best book about American journalism since Swanberg’s Citizen Hearst. Huge and engrossing.” — Larry Lee, San Francisco Chronicle “A magnificently romantic history not only of the ill-fated New York Herald Tribune but of New York newspapering generally... peopled with unforgettable heroes and knaves.” — Robert Sherrill, Chicago Sun-Times

“Charles William Eliot, President of Harvard from 1869 until 1909, was unquestionably the most influential leader of American higher education during the last one hundred years. Both born and married into Boston high society, he brought wisdom, administrative skill, tough-minded vision, and, above all, patience to his leadership of the nation’s oldest and most prestigious college. In his 40 years as president Eliot transformed that college into America’s leading university, becoming at the same time a prototype of the modern university executive. Charles Eliot was a man of affairs as well as judgment, a spokesman for American culture as well as higher education, and a consummate blend of conservatism and innovation in an age when each was highly valued. Hugh Hawkins has written a book to match the man. Neither biography nor institutional history, this unconventional account traces the interaction between Eliot and Harvard on the one hand and American society on the other. In the process we encounter virtually every social question impinging upon education with which we are still dealing... Eliot had to resolve issues involving federal aid to higher education, the mixture of required and elective studies in both undergraduate and professional schooling, the relationship between teaching, research, and institutional health and prestige, the political activities of faculty and students, and the proper role of faculty, administration, and laymen in governing universities. Hawkins explores these questions in great depth and with a sure grasp of what their answers mean in the everyday lives of faculty and students. Calling upon a wealth of original research and previous scholarship, he outlines pressures, problems, and temptations which have a very contemporary ring.” — Mark Beach, The Journal of Higher Education “Hugh Hawkins has written a lucid, stimulating account of the most crucial turning-point in the history of American higher education... Hawkins’ scholarship is resourceful and meticulous... He writes with great clarity, attentiveness, and control... His thoroughness and cool intelligence produce solid monographic history at its very best... an important contribution to the social history of the age.” — Laurence Veysey, The Journal of American History “A thorough, well balanced appraisal of Eliot and of his relationship to Harvard and to American society. Mr. Hawkins has admirably combined historical analysis and narrative biography with mutually beneficial consequences.” — John H. Fischer, Teachers College, Columbia University “[A] fascinating and thought-provoking assessment of Eliot and the university milieu in which he operated... the book is a delight to read. The text does have a crisp quality, and it resonates from the author’s obviously diligent researches... Hawkins has pieced together a first-rate portrait of a formidable man bringing great talents to bear on the many-faceted problem of improving education in the United States.” — Daniel Leab, The New England Quarterly “This is a first-rate study... informed, thoughtful, and well written.” — George W. Pierson, The American Historical Review “Hawkins argues that Eliot’s liberalism became a force in Harvard’s transformation, freeing faculty and students for a new kind of university life. Hawkins has formulated a major thesis, important for understanding both Eliot and the transformation of education in the second half of the nineteenth century. He also has written a committed, relevant book... the significance of Harvard in the academic revolution emerges more vividly than ever... In two superb chapters, ‘From College to University,’ and ‘The System of Liberty,’ Hawkins describes a process of historical change far beyond anything Eliot himself might have comprehended fully. Hawkins triumphs over the static, snap-shot effect of a structural analysis. He presents a dynamic story of a growing university, with its leader, its evolving bureaucratic arrangements, its new departments and schools, its changing methods of teaching and research, its committee system and administration, its invention of pensions and sabbaticals.” — David F. Allmendinger, History of Education Quarterly “Eliot brought Harvard and with it the nation’s colleges into the modern world; he infused his college with the spirit of free inquiry and gained for higher education a position where it could maintain its precarious independence from the giant centers of powers in the nation’s economy and politics. Hawkins’ book makes it abundantly clear at what price and with what means Eliot’s and Harvard’s victories were gained. It shows that in the modern world there cannot be even in academia a sanctuary free of managers and administrators; that the function of higher education’s trustees is precisely that rationalizing and merging of interests which will allow the institutions of learning to survive in a world whose clocks do not run on academic time. Hugh Hawkins’s book is one of the finest and most judicious studies of the conditions under which modern academic man established his existence in America.” — Jurgen Herbst, Reviews in American History “[A] most authoritative study of Charles W. Eliot... a remarkable document of social history of the American people at a particularly momentous era of their maturation... quite a compelling book.” — D. J. Johnston, British Journal of Educational Studies “[A] carefully researched, scholarly study... I recommend... this responsible and interesting account of that giant among men, Charles William Eliot, his work at Harvard and his relation to America.” — Earl V. Pullias, The Phi Delta Kappan