Asa Packer - Business Activities

Business Activities

He urged upon the Coal & Navigation Company the advantage of a steam railway as a coal carrier, but the project was not then considered feasible. In 1851, the majority of the stock of the Delaware, Lehigh, Schuylkill & Susquehanna Railroad Company (incorporated in 1846), which became the Lehigh Valley Railroad Company in January 1853, came into his control, and between November 1852 and September 1855 a railway line was built for the Company, largely by Packer's personal credit, from Mauch Chunk to Easton. He built railways connecting the main line with coal mines in Luzerne and Schuylkill counties; and he planned and built the extension (completed in 1868) of the line into the Susquehanna Valley and thence into New York state to connect at Waverly with the Erie railway. Among his clerks and associates during this period was future businessman and soldier George Washington Helme.

Read more about this topic:  Asa Packer

Famous quotes containing the words business and/or activities:

    Art is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.
    Elbert Hubbard (1856–1915)

    The most remarkable aspect of the transition we are living through is not so much the passage from want to affluence as the passage from labor to leisure.... Leisure contains the future, it is the new horizon.... The prospect then is one of unremitting labor to bequeath to future generations a chance of founding a society of leisure that will overcome the demands and compulsions of productive labor so that time may be devoted to creative activities or simply to pleasure and happiness.
    Henri Lefebvre (b. 1901)