Inspirational Quotations

Inspirational Quotes by Robert R. Young (American Financier)

Robert Ralph Young (1897–1958) was an American financier and industrialist. He is best known for leading the Chesapeake and Ohio (C&O) Railway and the New York Central Railroad during and after World War II. He was also a brother-in-law of the noted western painter Georgia O’Keeffe.

Born in Canadian, Texas, Young worked at E. I. DuPont, General Motors, and was for a while a film distributor and financier. In 1942, Young owned a controlling interest in the Alleghany Corporation, a railroad holding company for the Chesapeake and Ohio (C&O) Railway, Pere Marquette Railroad, and other railroad properties.

Young completely revitalized under Young and eventually became one of the most substantial railroads in the East. He instituted the first large-scale railroad computer system and diversified into freight traffic. He introduced high-speed diesel-powered passenger trains and larger and better freight cars.

Young was also a managing owner of New York Central Railroad 1954–58 but struggled to keep his financial promises to his investors and committed suicide after a bout of depression.

Joseph Borkin wrote the biography Robert R. Young, the Populist of Wall Street (1969.)

More: Wikipedia READ: Works by Robert R. Young

There can be no liberty that isn’t earned.
Robert R. Young
Topics: Liberty

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