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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 10, 1909
Page
11
A 1908 financial portrait details EH Harriman's vast stock holdings valued around 235 million dollars, plus stakes in Wells Fargo and other major firms. It recounts his political edge with Odell, involvement in anti trust prosecutions, and a notable 1908 Erie Railroad rescue that solidified his board power.
From across the nation railroad presidents bankers and top executives mourn Harriman. James J Hill Henry Clews James Stillman and others praise his work ethic and vision while noting potential financial and organizational impacts. Statements emphasize his rail networks and philanthropy and warn of readjustments to follow his passing.
Edward H. Harriman, towering financier and railroad titan, died after a fierce illness at Arden House. An all-night vigil marked his final hours as family and Judge Lovett stayed by his bedside. He repeated optimism to his daughter Mary, insisting he would get well despite high fever and low vitality. His death ends a career that rose from modest clerical beginnings to vast influence in finance and railroads.
Edward Henry Harriman rises from Jersey City clerk to dominant railroad magnate. He learns on crashes of 1871 72, builds Alton then Union Pacific, buys Southern Pacific and Pacific coast routes, defeats Morgan Hill Keene in fierce battles, and reshapes western rail commerce with bold financial moves and relentless expansion.
Thomas W. Lawson shutters a eulogistic tribute from 1909 Boston praising Harriman as a powerful yet benevolent financier. The piece condemns “dollar-mad hounds” and lauds his foresight and success while portraying the public’s envy and the brutal aftermath of wealth in a frenzied market.
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