The Iron Feather, Corporate History, WESTERN PACIFIC & SACRAMENTO NORTHERN (NEW)

Description

The Iron Feather
A Corporate History of the
Western Pacific and Sacramento Northern Railroads
b
y Jeff Asay
This is an unopened NEW BOOK (not used).
We handle all books with white gloves (no fingerprints on your book).
A Railroad Bookmark is included with each book.
Book is wrapped and mailed in a top-quality, durable container.
We try hard to be the NUMBER 1 Railroad Book Dealer on ebay with 1,500+ titles.
Order before 3:00 pm (ET) for same-day postal mailing.
Published 2018
* Hard Cover
* 512 pages
* 450+ photos
* 80 maps & graphics
* Handsome Heavy Book mails @ 6 lbs.
The
Western Pacific Railroad
, from its inception in 1903 until the
Union Pacific
takeover in late1982, was always fending off one crisis or another, managing to remain independent through luck and clever financial maneuvering. George J. Gould, eldest son of Wall Street speculator Jay Gould, formed the WP to break Edward H. Harriman’s railroad stranglehold at Salt Lake City and also to create a true transcontinental line. George was not up to the task and he lost control of the WP to banker Alvin Krech in 1916.
Gould’s WP from
Salt Lake City to San Francisco
was well built but expensive. His chief engineer, Virgil G. Bogue, did a masterful job locating the route and laying rails, but the final cost was much higher than anyone anticipated. Gould bankrupted the WP and the
Denver & Rio Grande Railroad
in the process and Krech seized them both.
Krech made many improvements and additions but nearly pushed the WP into another costly bankruptcy. Wealthy investor Arthur Curtiss James rode to the rescue by taking control of the WP in 1926. James made the costly decision to build the Inside Gateway line from Keddie to Bieber, meeting up with the Great Northern. That and other WP projects, some successful and some not, ran WP into its second reorganization in 1936.
James was long gone by the time WP found its way out of bankruptcy at the very end of World War II. More conservative management over the next twenty years kept the railroad in the black but it was always touch and go. A costly and tiresome fight against Southern Pacific’s takeover bid in the early 1960s, followed by a lengthy effort to cut off the money-losing California Zephyr passenger train, weakened the WP to the point it was acquired by takeover specialist Howard Newman in 1970.
Newman, aided by legendary operating executive Al Perlman, bolstered WP’s finances, took it into a holding company, and then spun it off to a group of executives in 1978 headed by Mike Flannery. It was too late to save the railroad by then, and Union Pacific gathered it into its
Missouri Pacific
merger proceedings a year later. UP quickly brought the WP into compliance with modern railroad standards and it has served the larger company well.
Today, much of the WP has been abandoned and some has been sold, but the original Bogue main line from the Bay Area to Salt Lake City remains intact and in operation.
This book also relates the parallel story of the
Sacramento Northern Railway
, an electric interurban that Alvin Krech acquired for the WP in the 1920s for its freight traffic base. SN suffered the same precarious ride as its parent company and was finally merged into Union Pacific along with the WP.
Contents:
The Western Pacific:
Introduction, pp. 1-10;
From Salt Lake to San Francisco, George Gould's Dream of Empire, pp. 11-48;
The Inevitable Demise of the Western Pacific, pp. 49-84;
Revival Show: Alvin Krech Builds a Better Western Pacific, pp. 85-112;
Alvin Krech and the Growth of the Western Pacific, pp. 113-144;
Finance in the Fast Lane: The Arthur Curtiss James Era, pp. 145-184;
Reorganization and Hard Work: WP in Wartime, pp. 185-222;
Exhaustion and Endurance: Fred Whitman's Decade, pp. 223-266;
The Decade of Uncertainty: Western Pacific Falters Under Christy, pp. 267-308;
Signed, Sealed and Delivered, pp. 309-348;
The Road Ends in Omaha, pp. 349-380;
The Sacramento Northern:
The Sacramento Northern Railway: WP's Piecework Empire, pp. 381-410;
Betting on the Wrong Horse, pp. 411-452;
Rebuilding the Wreckage, pp. 453-484;
The Reckoning, pp. 485-505;
Bibliography and Index, pp. 506-512.
Hardbound, 8.5x11, 512 pages, 450+ photos & illustrations, 80 maps & graphics.
Handsome and heavy book mails @ 6 lbs in extra protective packaging.
Visit our ebay store to view other books of interest. We add new books regularly so check back often.
We sell books: Railroad, Aviation, and Modeling books of the Golden Age Era.
WE PACKAGE OUR BOOKS EXTREMELY WELL SO THE BOOK WILL NOT BE DAMAGED IN THE MAIL!
No one packages books better than we do.