Well!!! I NEVER!!! Political maneuvering made Stanford a very rich man. He participated in the worst practices of the Gilded Age: stock watering, kickbacks, rebates, bribes, collusion, monopoly. There is no acquitting Stanford on this front; his participation in such schemes is amply recorded in his letters. One historian of the transcontinental railroads argues that the principals of the era made clear their unsavory activities in correspondence in part “because the dimmer lights among them, such as Leland Stanford, had to have so much explained to them.”
Posted on: Fri, 22 Nov 2013 00:02:47 +0000
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