Banking and Railroad Career
After leaving Princeton, Cameron's father Simon placed Cameron as a clerk at the successful Middleton Bank; whose main investments were in the iron, coal, and lumber businesses of Pennsylvania. Cameron worked his way up to being Cashier and then President of the bank. From 1866 to December 1874 Cameron was appointed President of the Northern Central Railway. As banking President, Cameron was able to improve the financial condition of the railroad. After leaving the Railroad, Cameron worked in various industrial enterprises in Pennsylvania.
Read more about this topic: J. Donald Cameron
Famous quotes containing the words banking, railroad and/or career:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“People who make puns are like wanton boys that put coppers on the railroad tracks. They amuse themselves and other children, but their little trick may upset a freight train of conversation for the sake of a battered witticism.”
—Oliver Wendell Holmes, Sr. (1809–1894)
“What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.”
—Arlie Hochschild (20th century)