Morgan brokers the Corsair Compact railroad treaty
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
The newspapers lionized the author of this Great Railroad Treaty of 1885, also known as the Corsair Compact.23 Pierpont had pulled off such a masterly feat that even Junius—so stingy with compliments—told Fanny, “Pierpont handled the West Shore affair better than I could have done it myself.”24 Pierpont was forty-eight when Junius voiced this unprecedented compliment.
chapter: 4. Corsair