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The First Tycoon
The Epic Life of Cornelius Vanderbilt
by 
T.J. Stiles
Mark Deakins
  
Publisher: Books on Tape
Subject(s):  Biography & Autobiography
Nonfiction
Language(s):  English
Awards:  National Book Award
National Book Foundation
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File size:   413353 KB
ISBN:   9780739384978
Release date:   Apr 21, 2009

Description

A gripping, groundbreaking biography of the combative man whose genius and force of will created modern capitalism.

Founder of a dynasty, builder of the original Grand Central, creator of an impossibly vast fortune, Cornelius “Commodore” Vanderbilt is an American icon. Humbly born on Staten Island during George Washington’s presidency, he rose from boatman to builder of the nation’s largest fleet of steamships to lord of a railroad empire. Lincoln consulted him on steamship strategy during the Civil War; Jay Gould was first his uneasy ally and then sworn enemy; and Victoria Woodhull, the first woman to run for president of the United States, was his spiritual counselor. We see Vanderbilt help to launch the transportation revolution, propel the Gold Rush, reshape Manhattan, and invent the modern corporation—in fact, as T. J. Stiles elegantly argues, Vanderbilt did more than perhaps any other individual to create the economic world we live in today.

In THE FIRST TYCOON, Stiles offers the first complete, authoritative biography of this titan, and the first comprehensive account of the Commodore’s personal life. It is a sweeping, fast-moving epic, and a complex portrait of the great man. Vanderbilt, Stiles shows, embraced the philosophy of the Jacksonian Democrats and withstood attacks by his conservative enemies for being too competitive. He was a visionary who pioneered business models. He was an unschooled fistfighter who came to command the respect of New York’s social elite. And he was a father who struggled with a gambling-addicted son, a husband who was loving yet abusive, and, finally, an old man who was obsessed with contacting the dead.

THE FIRST TYCOON is the exhilarating story of a man and a nation maturing together: the powerful account of a man whose life was as epic and complex as American history itself.


From the Compact Disc edition.

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Excerpts

From the book

...

The Islander

They came to learn his secrets. Well before the appointed hour of two o'clock in the afternoon on November 12, 1877, hundreds of spectators pushed into a courtroom in lower Manhattan. They included friends and relatives of the contestants, of course, as well as leading lawyers who wished to observe the forensic skills of the famous attorneys who would try the case. But most of the teeming mass of men and women--many fashionably dressed, crowding in until they were packed against the back wall--wanted to hear the details of the life of the richest man the United States had ever seen. The trial over the will of Cornelius Vanderbilt, the famous, notorious Commodore, was about to begin.

Shortly before the hour, the crowd parted to allow in William H. Vanderbilt, the Commodore's eldest son, and his lawyers, led by Henry L. Clinton. William, "glancing carelessly and indifferently around the room, removed his overcoat and comfortably settled himself in his chair," the New York Times reported; meanwhile his lawyers shook hands with the opposing team, led by Scott Lord, who represented William's sister Mary Vanderbilt La Bau. At exactly two o'clock, the judge--called the "Surrogate" in this Surrogate Court--strode briskly in from his chambers through a side door, stepped up to the dais, and took his seat. "Are you ready, gentlemen?" he asked. Lord and Clinton each declared that they were, and the Surrogate ordered, "Proceed, gentlemen."

Everyone who listened as Lord stood to make his opening argument knew just how great the stakes were. "the house of vanderbilt," the Times headlined its story the next morning. "a railroad prince's fortune. the heirs contesting the will. . . . a battle over $100,000,000." The only item in all that screaming type that would have surprised readers was the Times's demotion of Vanderbilt to "prince," since the press usually dubbed him the railroad king. His fortune towered over the American economy to a degree difficult to imagine, even at the time. If he had been able to sell all his assets at full market value at the moment of his death, in January of that year, he would have taken one out of every twenty dollars in circulation, including cash and demand deposits.

Most of those in that courtroom had lived their entire lives in Vanderbilt's shadow. By the time he had turned fifty, he had dominated railroad and steamboat transportation between New York and New England (thus earning the nickname "Commodore"). In the 1850s, he had launched a transatlantic steamship line and pioneered a transit route to California across Nicaragua. In the 1860s, he had systematically seized control of the railroads that connected Manhattan with the rest of the world, building the mighty New York Central Railroad system between New York and Chicago. Probably every person in that chamber had passed through Grand Central, the depot on Forty-second Street that Vanderbilt had constructed; had seen the enormous St. John's Park freight terminal that he had built, featuring a huge bronze statue of himself; had crossed the bridges over the tracks that he had sunk along Fourth Avenue (a step that would allow it to later blossom into Park Avenue); or had taken one of the ferries, steamboats, or steamships that he had controlled over the course of his lifetime. He had stamped the city with his mark--a mark that would last well into the twenty-first century--and so had stamped the country. Virtually every American had paid tribute to his treasury.

More fascinating than the fortune was the man behind it. Lord began his attack by admitting "that it seemed hazardous to say that a man who accumulated $100,000,000...

 

Reviews


-Maury Klein, author of The Life and Legend of Jay Gould...

"At long last a biography worthy of the Commodore, meticulously researched, superbly written, and filled with original insights."

 

-Patricia O'Toole, author of When Trumpets Call: Theodore Roosevelt After the White House...
"T.J. Stiles writes with the magisterial sweep of a great historian and the keen psychological insight of a great biographer. The First Tycoon is the fullest, most perceptive chronicle ever written of the life and times of Cornelius Vanderbilt, the epitome of unfettered, winner-take-all capitalism. With panache and admirable ease, Stiles maps the financial and political currents on which Vanderbilt buccaneered and shows that it was Vanderbilt, more than anyone else, who enabled business to evolve into Big Business."
 
James M. McPherson, author of Battle Cry of Freedom: The Civil War Era...
"T.J. Stiles has given us a balanced and absorbing biography of this colorful and often ruthless entrepreneur, the first of the 'robber barons' who transformed the American economy in the nineteenth century."
 

-Joyce Appleby, author of The Restless Revolution: A History of Capitalism...
"The First Tycoon is a brilliant exposition of the life of Cornelius Vanderbilt and the entrepreneurial environment that he shaped. Readers will look at Grand Central Station and much else in American life with fresh eyes."
 

-Arthur Vanderbilt II, author of Fortune's Children: The Fall of the House of Vanderbilt...
"The definitive biography of Commodore Vanderbilt. Both as portrait of an American original and as a book that brings to life an important slice of American history long neglected, this is biography at its very best. A magnificent achievement."
 

-Dw...
"In this whacking new biography of Vanderbilt, T. J. Stiles . . . demonstrates a brute eloquence of his own. This is a mighty--and mighty confident--work, one that moves with force and conviction and imperious wit through Vanderbilt's noisy life and times . . . I read eagerly and avidly. This is state-of- the-art biography, crisper and more piquant than a 600-page book has any right to be."
 

About the Author

T. J. Stiles has held the Gilder Lehrman Fellowship in American History at the Dorothy and Lewis B. Cullman Center for Scholars and Writers at the New York Public Library, taught at Columbia University, and served as adviser for the PBS series The American Experience. His first book, Jesse James: Last Rebel of the Civil War, won the Ambassador Book Award and the Peter Seaborg Award for Civil War Scholarship, and was a New York Times Notable Book. He has written for The New York Times Book Review, Salon.com, Smithsonian, and the Los Angeles Times. He lives in San Francisco.


From the Hardcover...

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