Online Encyclopedia

Search over 40,000 articles from the original, classic Encyclopedia Britannica, 11th Edition.

HILL, JAMES J

Online Encyclopedia
Originally appearing in Volume V13, Page 464 of the 1911 Encyclopedia Britannica.
Spread the word: del.icio.us del.icio.us it!

See also:

HILL, See also:JAMES J . (1838– ), See also:American railway capitalist, was See also:born near See also:Guelph, See also:Ontario, See also:Canada, on the 16th of See also:September 1838, and was educated at Rockwood (Ont.) See also:Academy, a Quaker institution. In 1856 he settled in St See also:Paul, See also:Minnesota. Abandoning, because of his See also:father's See also:death, his plans to study See also:medicine, he became a clerk in the See also:office of a See also:firm of See also:river steamboat agents and shippers, and later the See also:agent for a See also:line of river packets; he established about 187o transportation lines on the See also:Mississippi and on the Red River (of the See also:North). He effected a See also:traffic arrangement between the St Paul Pacific Railroad and his steamboat lines; and when the railway failed in 1873 for $27,000,000, Hill interested See also:Sir Donald A. 'See also:Smith (See also:Lord Strathcona), See also:George See also:Stephen (Lord See also:Mount Stephen), and other See also:Canadian capitalists, in the road and in the See also:wheat See also:country of the Red River Valley; he got See also:control of the bonds (1878), foreclosed the See also:mortgage, reorganized the road as the St Paul, Minneapolis & See also:Manitoba, and began to extend the line, then only 380 M. See also:long, toward the Pacific; and in 1883 he became its See also:president. He was president of the See also:Great See also:Northern Railway (comprehending all his secondary lines) from 1893 to See also:April 1907, when he became chairman of its See also:board of See also:directors. In the See also:extension (1883–1893) of this railway westward to See also:Puget See also:Sound (whence it has See also:direct steamship connexions with See also:China and See also:Japan), the line was built by the See also:company itself, none of the See also:work being handled by contractors. Subsequently his See also:financial interests in American See also:railways caused See also:constant sensations in the stock-markets. The Hill interests obtained control not only of the Great-Northern See also:system, but of the Northern Pacific and the See also:Chicago, See also:Burlington & See also:Quincy, and proposed the construction of another northern line to the Pacific See also:coast. Hill was the president of the Northern Securities Company, which in 1904 was declared by the See also:United States Supreme See also:Court to be in conflict with the See also:Sherman See also:Anti-See also:Trust See also:Law. (See Vol.

27, p. 733.) Among Hill's gifts to public institutions was one of $500,000 to the St. Paul Theological See also:

Seminary (See also:Roman See also:Catholic).

End of Article: HILL, JAMES J

Additional information and Comments

There are no comments yet for this article.
» Add information or comments to this article.
Please link directly to this article:
Highlight the code below, right click, and select "copy." Then paste it into your website, email, or other HTML.
Site content, images, and layout Copyright © 2006 - Net Industries, worldwide.
Do not copy, download, transfer, or otherwise replicate the site content in whole or in part.

Links to articles and home page are always encouraged.

[back]
HILL, GEORGE BIRKBECK NORMAN (1835-1903)
[next]
HILL, JOHN (c. 1716-1775)