PERSONNEL: Stepping Out

In 1907 Arthur Curtiss James was 40 and he had just received $25,000,000 by his father's will. Instead of diversifying his investment as he was advised, he began to concentrate in railroad securities. By 1926 he had a beard like a buffalo, owned the world's largest square-rigged yacht (the 675-ton Aloha), was Board Chairman of the big Western Pacific, controlled 40,000 miles of railroad trackage—a full seventh of the U. S. total—most of it in the Northwest, stamping ground of the late great Railroad Builder James Jerome Hill, whom he had known and idolized. By 1931 he had welded Western...

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