by John Franch
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Product Description
Standing alongside J. P. Morgan, Carnegie, and Rockefeller, Charles Tyson Yerkes (1837-1905) was one of the most influential and controversial public figures in America. Robber Baron is the first biography of the traction magnate who was behind the Chicago Loop Elevated, an investor in the London Underground, namesake of the University of Chicago's observatory, and vilified as Frank Cowperwood in Theodore Dreiser's trilogy, "The Financier", "The Titan", and "The Stoic". After losing his fortune and being jailed for financial improprieties in Philadelphia, Yerkes used political blackmail to secure a pardon. With his boundless ambition intact, he relocated to Chicago and made millions from questionable financial transactions, while also using his influence and charm to assemble one of the world's finest mass transit networks. Despite various philanthropic efforts, Yerkes and his methods were despised by the press and public, and he left Chicago a bitter man. He moved to London, organizing much of the Underground, battling J. P. Morgan, and romancing Emilie Grigsby, the love of his life, before his death at age 68. John Franch has drawn upon every available source, including newspapers, memoirs, credit reports, court filings, bankruptcy records, and correspondence to tell the complete story of a man desperate to leave a lasting impression on his world. Yerkes's enduring public works and remarkable history are a testament to his success, but Robber Baron reveals that his legacy wasn't as sparkling as he might have hoped.
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Average Customer Review:
0 of 0 people found the following review helpful:
A first rate biography, 2008-02-02
Since first reading Dreiser's fictional biography of this financier, seventeen years ago, I have been impatiently waiting for a real Yerkes biography. IT WAS NOT IN VAIN. This author did a masterful job of putting together the life of this larger-than-life colorful man of business and pleasures. Not too long and not too short, it is as good as any business biography get. I strongly recommend it. Nitsan Ben-Horin, New York.
12 of 12 people found the following review helpful:
"Robber Baron" is a compelling read., 2006-07-04
It is amazing that Franch's book is the first serious biography of Charles Tyson Yerkes. Why has the fascinating story of this important man never been told before? Perhaps it is because Yerkes left few letters and diaries behind, or perhaps it is because he spent so much of his life trying to rescue his reputation from all his financial escapades.
No matter. John Franch has done a masterful job of pulling together newspaper accounts, court records, and other sources to present a complete picture. But what's more, Franch's account is a highly readable telling of the story of a self-made man in era of industrial giants. At the same time, Franch brings to life the development of urban life in the post-civil war era. Just as James Green's "Death in the Haymarket," Franch's "Robber Baron" puts one on the streets of Chicago in the boom era after the Fire and gives an immediacy to the people, industry, and financial chicanery that made the city.
In the post-Enron era, this lucid telling of the story of Yerkes is a clear reminder of the foibles of those at the crest of the wave of financial schemes. At the same time, it is a compelling good read.
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