Cornelius Vanderbilt
Beginning of paper
was born on May 27, 1794. He was an American Steamship and Railroad builder as well as a financier and promoter. He was born to a poor family and he quit school at eleven. He owned his first business at age sixteen as a transport and freight service. By the war of 1812, the government was cont ....
Middle of paper
.... his own company and he met his biggest rival, Daniel Drew. Vanderbilt eliminated all his competition by lowering his prices to a mere 12 and ½ cent apiece. Next he challenged the Hudson River Association in the Albany trade and they paid him to go elsewhere. Vanderbilt continued to improve his businesses and his boats, adding luxury and comfort to all his boats, he launched the largest steamboat ever in existence in 1846 and it was named for him. By 1840 his company had more than 100 s ....
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Word count: 544
Page count: 2 (approximately 250 words per page)
