Great Northern Railway

3 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Nov 26, 2024 by David Senra · said 10 times in 1 episodes since 2024 · across every show →

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brought up most by David Senra (10)

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2024 10 mentions in 1 episode

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Everything said about Great Northern Railway, oldest first

Nov 26, 2024 positive
What-if
Rockefeller and Hill's empires required decades of prior logistics experience
“There is no standard oil empire without the experience of Rockefeller as a Hewlett and Tuttle. And there is no great Northern railway empire without James J. Hull having all these businesses and jobs that all interacted with the railroad for two decades before…”
David Senra Nov 26, 2024 ▶ 8:21 James J. Hill: The Empire Builder
Nov 26, 2024 positive
Assertion Partly supported
James J. Hill raised an engineer's salary 50% for justified insubordination
“Stevens did not obey his orders and he kept construction going. So Hill then tells Stevens, show me this curve. Stevens shows it to him. And Hill realizes that Stevens was right. It had to be a 13 degree curve. There was no other option. Hill also realized tha…”
David Senra Nov 26, 2024 ▶ 51:39 James J. Hill: The Empire Builder
Nov 26, 2024
Insight
Monopoly transportation carriers harm their long-term interests by price-gouging customers
“Any regional carrier, even one with a de facto monopoly would only harm itself if it gouged its customers with excessive rates.”
David Senra Nov 26, 2024 ▶ 43:56 James J. Hill: The Empire Builder
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