This imaginary railroad president has told you of one of the vital points
in the business of the railroad, the necessity for constant teamwork. A
railroad head may have the genius of a Napoleon, the stubborn persistence
of a Grant, or the marvellous executive ability of a Pierpont Morgan, and
be worthless if his board is not working enthusiastically with and for
him. It is not all pie and preserves by any means. The board may set its
sweet will straight against his, and he may be forced to execute a policy
of which in his own mind he has no trust. It is only once in a generation
that a man like Harriman, who can bend a whole mighty directorate to his
absolute will, arises. Harriman was a railroad president in the fullest
sense of the word.
He rode in his car north from Ogden one day, toward the great National
Park of the Yellowstone. At that time the only direct rail entrance to
that splendid reserve was by the rival Hill lines. Harriman had called for
a report upon the opportunities for the Southern Pacific to strike its own
line into the west edge of the Park. That report was being explained to
him in great detail as he rode north from Ogden. His chiefs had a hundred
practical reasons against building the line. Harriman listened faithfully
to the explanation, as was his way. Then he turned to one of the signers
of the report, a high officer of his property.
"You have never been in the Yellowstone?" he asked.
The officer admitted that he had not.
"I have," said Harriman triumphantly, "and I am going to build that road."
That road was built and became successful from its beginning; but Harriman
was a railroader with the intuitive sense that gives genius to a great
statesman or to a great general. The average railroad president does not
hold a controlling interest himself and he must be guided pretty carefully
by the judgment of his department heads; he must win the coöperation of
his board by tact and subtlety rather than by the display of an iron will;
and where he leads he must take the responsibility.
The Pennsylvania Railroad, as has already been told in an earlier chapter,
recently forced its entrance into New York City and marked its terminal
there with a monumental station. That move was a strategy of the highest
order, and was made that the road might place itself upon an even fighting
basis for traffic with its chief competitor. But it cost. Two mighty
rivers had to be crossed, whole blocks of high-priced real estate secured,
a busy city threaded, the opposition of local authorities (who stood with
palms outstretched) honestly downed. That all cost. That would have been a
mighty expenditure for the Federal Government; for a private corporation
it was all but staggering.
Public-domain text, read in full here on John Shaqi.
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