GEORGE FRANCIS TRAIN - AUTOGRAPH NOTE SIGNED 04/28/1847 - HFSID 101697
Price: $280.00
GEORGE FRANCIS TRAIN
The eccentric American businessman writes down his thoughts on the
upcoming election, signs name in blue ink
Autograph note signed: "Geo Francis Train" in blue ink. 1
page, 4¼x2¼. New York City, April 28 P.E. 47. In full: "Tilden
at St Louis and Conkling/at Cincinnati means Grant for/a Third Term in the
interest of/the English Bond Holding/Ring." George Francis Train
(1829-1904) grew rich in the shipping and transportation business, and used his
gains to finance his eccentric personal causes. A supporter of temperance
and of women's rights, he was a major financial backer of Susan B. Anthony.
(He embarrassed Anthony and others, however, with his argument to husbands that
their wives were certainly more deserving of the vote than blacks.) Train
himself ran for President in 1872, and became the only Presidential
candidate in history to profit from his campaign by charging admission to his
rallies. In 1864, Train created a corporation, Credit Mobilier of
America, to finance railroad construction, principally the Union Pacific. This
triggered an enormous scandal in 1872, when it was revealed that many members of
Congress had accepted gifts of Credit Mobilier stock had discount prices, in
exchange for legislation favorable to railroad interests and especially purchase
of land right of ways. The scandal enmeshed both of President Grant's Vice
Presidents (Colfax and Wilson), and triggered a severe recession. Unlike
most of his investors, Train emerged with his wealth intact to pursue other
goals. He campaigned to have himself named Dictator of the United States, and
began a 20-year quest to circumnavigate the world in less time than it had
taken Phineas Fogg, fictional hero of Jules Verne'sAround the World in Eighty
Days. His first effort (1870), was delayed when he was caught up in a
French Revolution and barely escaped a firing squad. He succeeded in 1890,
rounding the world in 67½ days. The author of several books and many poems,
Train was a charismatic public speaker. Irregularly cut. Toned. Creased
throughout. Small water stain in bottom left corner. Small tear in top margin.
Otherwise, fine condition.
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