Great Fortunes from Railroads   By: Gustavus Myers (1872-1942)

Great Fortunes from Railroads by Gustavus Myers is an eye-opening exploration of the rise and impact of railroad tycoons in American history. In this meticulously researched book, Myers delves into the lives and business practices of some of the most influential figures of the time.

The author's extensive knowledge and attention to detail are evident throughout the narrative. Myers presents a comprehensive analysis of how these railroad magnates amassed enormous wealth and power, often at the expense of the working class. He lays bare the corrupt practices and unscrupulous tactics employed by these individuals to monopolize the industry and control the nation's transportation infrastructure.

One of the most striking aspects of this book is its ability to shed light on the often neglected social and economic ramifications of the railroad era. Myers skillfully explores the consequences of unchecked power and wealth accumulation, revealing the stark inequalities and exploitation that emerged during this period. By zooming in on the lives of these tycoons, the author paints a vivid picture of the stark contrast between their opulent lifestyles and the dire conditions faced by the laboring masses.

Myers also offers an astute analysis of the political landscape during this era. He discusses how the railroad barons leveraged their wealth to influence legislation and sway public opinion in their favor. This examination of the symbiotic relationship between wealth and political power is both illuminating and thought-provoking, reminding readers of the enduring challenges associated with the concentration of wealth and its implications for democracy.

While Great Fortunes from Railroads provides essential insights into this transformative era in American history, its dense and academic style might not resonate with all readers. Some may find the abundance of details overwhelming, especially those less familiar with the subject matter. Nevertheless, for those seeking a deep dive into the fascinating world of Gilded Age railroad tycoons, this book offers a wealth of information and analysis.

In conclusion, Great Fortunes from Railroads is a captivating and thought-provoking read that sheds light on an often-overlooked aspect of American history. Gustavus Myers' meticulous research and engaging storytelling combine to create a compelling narrative that navigates the intricacies of wealth, power, and inequality. This book is a valuable resource for anyone interested in understanding the complex dynamics that shaped the railroad industry and the broader social fabric of nineteenth-century America.

First Page:

Before setting out to relate in detail the narrative of the amassing of the great individual fortunes from railroads, it is advisable to present a preliminary survey of the concatenating circumstances leading up to the time when these vast fortunes were rolled together. Without this explanation, this work would be deficient in clarity, and would leave unelucidated many important points, the absence of which might puzzle or vex the reader... Continue reading book >>