Vanderbilt at age 16 buys a fairy boat. His one fairy boat soon turned into a business, considering he was very tough and competitive. Vanderbilt built the largest shipping industry in the world. He was soon nicknamed the commodore. The commodore then began working on the first transcontinental railroad. He decides to sale all of his ships and invest his money into railroads. He later realizes that his decision paid off by earning $68 million. As he is becoming the richest man alive the people go into the mourning after the war. The commodore lost his favorite son George in the war. He then id forced to rely on his least favorite son William. A trouble strikes Vanderbilt, his competitors no longer view him as competition.Vanderbilt owns the only
…show more content…
The shares prices dropped so much that the commodore bought out his competition, creating the largest railroad company. harlem , Hudson, and Central all meet in the middle on New York to create the largest building in NY, consisting of 22 acres, the Grand Central depot. vanderbilt owns 40% of the railroads lines in america. Chicago to new york is the most valuable railroad, this route is called the Erie Line. This route was also not Vanderbilt’s. He desperately wanted the Erie Line, therefore he demanded to buy them out by the end of the week. Little did the commodore know that Jay Gould and Jim Fisk had a mighty plan to water down the stock. They printed 10,000 shares in their basement. Vanderbilt was unaware of this transaction until he spent $70 million over. Vanderbilt has been outsmarted therefore he must look for a new edge. His best bet is to advance the cargo. Kerosene is striving because it contains a light source. Vanderbilt then declares to meet Rockefeller who is the supplier of oil. Rockefeller’s exclusive deal is $1.65 per barrel, to fill every train full of oil. Yet Rockefeller has promised more than he can provide, therefore he must set out to find
The shares prices dropped so much that the commodore bought out his competition, creating the largest railroad company. harlem , Hudson, and Central all meet in the middle on New York to create the largest building in NY, consisting of 22 acres, the Grand Central depot. vanderbilt owns 40% of the railroads lines in america. Chicago to new york is the most valuable railroad, this route is called the Erie Line. This route was also not Vanderbilt’s. He desperately wanted the Erie Line, therefore he demanded to buy them out by the end of the week. Little did the commodore know that Jay Gould and Jim Fisk had a mighty plan to water down the stock. They printed 10,000 shares in their basement. Vanderbilt was unaware of this transaction until he spent $70 million over. Vanderbilt has been outsmarted therefore he must look for a new edge. His best bet is to advance the cargo. Kerosene is striving because it contains a light source. Vanderbilt then declares to meet Rockefeller who is the supplier of oil. Rockefeller’s exclusive deal is $1.65 per barrel, to fill every train full of oil. Yet Rockefeller has promised more than he can provide, therefore he must set out to find