Panama a Personal Record of Forty Six Years 1861 1907

Cover Panama a Personal Record of Forty Six Years 1861 1907
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All moneys due or to become due to the Panama Railroad Company, to June 30, 1881, were to belong to venders; so that the total cost of the railroad, including commis- sions, etc. , to the canal company may be stated as $25, 500, 000.
This sale was one of the great deals for which Wall Street has now and then been noted. It was successfully engineered by Mr. Trenor W. Park, who was then president of the railroad, and owner of a majority of the shares, which he had been sufficiently shrewd to pur
...chase at or 160 Chapter XVI} below par during the depression following the remarkable diversion of traffic from the Panama transit, through various causes already specified.
The career of Mr. Park affords a bright and shining illustration of the facility with which great fortunes have been made during the last fifty years.
Born in Vermont, without fortune, he became at an early age a smart country lawyer. When gold was discovered in California, or soon after, he made his way to San Francisco, where he found a congenial field for the exercise of his talents.


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