The railroad tycoon and university co-founder Leland Stanford is often credited for paving the way to a postindustrial revolution. Nonsense.
On May 11, 1869, Leland Stanford, president of the Central Pacific Railroad Co., sent a telegram from Promontory Summit, Utah, to his business partner Collis Huntington that read: “The Rails Connected with appropriate Ceremony.
” None of Stanford’s business partners were present at the joining of the Central Pacific and the Union Pacific, the two lines that formed America’s first transcontinental railroad. But it was fitting that they left it to Stanford to handle publicity. Stanford’s contributions to the partnership had been modest: He worked only when sharply prodded by his partners, and exasperated them with his natural...
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