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Harriman was born on February 20, 1848, in Hempstead, New York, the son of Orlando Harriman Sr., an Episcopal clergyman, and Cornelia Neilson. [3] He had a brother, Orlando Harriman Jr. [5] His great-grandfather, William Harriman, had emigrated from England in 1795 and became a successful businessman and trader.
After her death, the award was presented by her sons E. Roland Harriman and W. Averell Harriman. Today the award is sponsored by the E.H. Harriman Memorial Awards Institute. On January 5, 2012, UP announced to its employees that for the first time in ninety-eight years the Harriman award would be retired after the 2012 award ceremony.
Arden is a historic estate outside Harriman, New York, that was owned by railroad magnate Edward Henry Harriman and his wife, Mary Averell Harriman.By the early 1900s, the family owned 40,000 acres (63 sq mi; 160 km 2) in the area, half of it comprising the Arden Estate.
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E. H. Harriman. One of the key players was E. H. Harriman, who "by 1898…was chairman of the executive committee of the Union Pacific and he ruled without dissent. But he speculated heavily with Union Pacific holdings, and his attempt to monopolize the Chicago rail market led to the Panic of 1901."
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An upheaval in the stock market, known as the Panic of 1901 started as E. H. Harriman, who controlled the Union Pacific Railroad, began his attempt to acquire majority ownership of the Northern Pacific Railroad Company (NP), and directed his broker, Jacob Schiff of Kuhn, Loeb & Co. to buy as much as possible. By the end of the day, Harriman ...
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