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George Hudson: The Rise and Fall of the Railway King
A. J. Arnold , and S. McCartney Manufacturer: Hambledon & London ProductGroup: Book Binding: Hardcover ASIN: 1852854014 Release Date: 2004-11-25 |
Book Description
* The Robert Maxwell of the nineteenth century* Victorian England 's greatest capitalist* Brought down by a shareholder 's questionThe building of the railways in Britain in thenineteenth century was the greatest ever industrialundertaking in the world to that time.Financed byprivate enterprise rather than the state,the schemesto build new lines were characterised both by theirambition and by their need for huge amounts ofcapital.The most ambitious of all of the individualentrepreneurs,and for long the most successful,was George Hudson,the 'Railway King ',whoseestablishment of York as the hub of an ever-growingnetwork of lines brought him huge wealth andgreat fame.Already a wealthy businessman and Lord Mayor ofYork before the advent of the railways,Hudsonseized the opportunity they presented with bothhands.He became an MP,lived in style andentertained lavishly.While his early lines wereprofitable,later ones were not.Ever more deeplycommitted,at a time when accounting standardswere lax,he hid inconvenient figures until broughtdown by a question at a shareholders 'meeting in1849.Disgraced,he fled to the Continent,hisname synonymous with fraudulent capitalism at itsmost brazen.This new biography is the fullestexamination to date of an extraordinary and complexman and his career.Books: