Chauncey Rose - Business Success

Business Success

Following a six-year stretch overseeing milling operations in Parke County, Rose moved back to Terre Haute to expand his businesses, and became quite successful. His profits were in turn reinvested in real estate, and he amassed an even larger fortune, some of which he subsequently invested in railroads. In 1847, Rose was the principal founder of the Terre Haute and Richmond Railroad, which was renamed the Terre Haute and Indianapolis Railroad in 1865. He also aided others, including William D. Griswold and Josephus Collett, to establish other railroads.

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