Most people didnt know anything about it, unless they were investors themselves and worked for investment companies. He came to St. Paul in 1856, where he first worked as a shipping clerk for J. W. Bass and Company. To promote settlement and revenue for his rail business, Hill experimented with agriculture and worked to hybridize Russian wheat for Dakota soil and weather conditions. Ownership of the Iron Range mines will now pass to energy company Conoco-Phillips. discoveries. After his fathers death, his mother found it difficult to provide for her children by the means of only running a small inn. One of his challenges at this point was the avoidance of federal action against railroads. The men and women of the Las Cruces Fire Department strive to provide prevention, response and recovery services to residents, businesses, and visitors so they can experience a safe community and receive compassionate care in their time of need. He wrote that by 1946, that single mine had produced 40 million tons of iron ore and generated $37 million in freight revenue for the railroad and $22.5 million in royalties that flowed into the trust. By the time of his death in 1916, James J. Hill was worth more than $53 million[ (almost $2.5 billion (2007) dollars). He was named a founder of the Trust at age 4. In 1870, he and his partners started the Red River Transportation Company, which offered steam boat transportation between St. Paul and Winnipeg. Northern Pacific stock was forced up to $1,000 per share. Because of vandals and curious admirers, both graves were later moved to Resurrection Cemetery in Mendota Heights for safer keeping. In St. Paul, the city's main library building and the adjoining Hill Business Library were funded by him. Near the end of his life, Hill played what a recent biographer, Albro Martin, called his "last and greatest role." In 1850 she came with her family to St. Paul. But it collected a lot of royalties, more than $500 million over its long lifetime. uis Warren Hill, Clara Anne Lindley (born Hill), Katherine Theresa Hill, Charlotte Elizabeth Slade (born Hill), Ruth Beard Heidsieck Lori James Jerome Hill, Anne Ann Hill (born Dunbar), James Hill, Mary Elizabeth Brooks (born Hill), Alexander Samuel Dunbar Hill, Louis Warren Hill. Hill avoided this by investing a large portion of the railroad's profit back into the railroad itselfand charged those investments to operating expense. The net worth of the company jumped from $728,000 in 1880 to $25,000,000 in 1885. Its a tale of high finance and amazing fortune, befitting St. Pauls larger-than-life railroad baron. Upon completion of the Summit Avenue residence, Hill had the family's old house, which he had constructed in 1878, razed. (Ironically, the Burlington Route, Northern Pacific, and Great Northern would later merge in 1970 to form the Burlington Northern Railroad.) He was one of the key figures in moving the ore from the mines to the docks, she said. Rachel Hill married physician Egil Boeckmann in 1913 at the Hill House at 240 Summit. American railroad promoter and financier (18381916), The Northern Pacific and the "short squeeze" of 1901, The Hill Lines survive the trust-busting era, Claire Strom, "Among Friends: The Power of Ethnicity in the Great Northern Railway Corporation,", Don L. Hofsommer, "Ore Docks and Trains: The Great Northern Railway and the Mesabi Range,", Frank Leonard, "Railroading a Renegade: Great Northern Ousts John Hendry in Vancouver,", Webvideo:James J. Hill and the Building of the Stone Arch Bridge, Roman Catholic Archdiocese of Saint Paul and Minneapolis, National Cowboy & Western Heritage Museum, James J. Hill and the Building of His Railroad Empire, Harry Elmer Barnes: The World War of 19141918, Great Northern Lofts - Condo and Loft Directory, "James Hill legacy a wealth of information", "James J. Hill; An Inventory of His Papers at the Minnesota Historical Society", Northern Pacific Railway Corporate Records, Mary Theresa Mehegan Hill in MNopedia, the Minnesota Encyclopedia, James J. Hill in MNopedia, the Minnesota Encyclopedia, The Destruction of a Wealth and Jobs Creator by Parasitical-Elites, https://en.wikipedia.org/w/index.php?title=James_J._Hill&oldid=1127524764, 19th-century American railroad executives, 20th-century American railroad executives, Pre-Confederation Canadian businesspeople, Canadian people of Ulster-Scottish descent, Chicago, Burlington and Quincy Railroad people, Persons of National Historic Significance (Canada), Businesspeople from Saint Paul, Minnesota, Wikipedia articles incorporating a citation from the Encyclopedia Americana with a Wikisource reference, Wikipedia articles incorporating citation to the NSRW, Wikipedia articles incorporating citation to the NSRW with an wstitle parameter, Creative Commons Attribution-ShareAlike License 3.0, Mary Francis Hill Hill (18691947), who married, Clara Anne Hill Lindley (18731947), who married, Katherine Theresa Hill (18751876) (died in infancy), Charlotte Elizabeth Hill Slade (18771923), who married, Rachel Hill Boeckmann (18811967), who married. Drawing on his experience in the development of Minnesota's Iron Range, Hill was, during 19111912, in close contact with Gaspard Farrer of Baring Brothers & Company of London regarding the formation of the Brazilian Iron Ore Company to tap that nation's rich mineral deposits. On March 14, the Northern Securities Company was ordered to be dissolved under the Sherman Antitrust Act. James J. Hill is back in the news this month but not for his famous railroad. We do not care enough for Rocky Mountains scenery to spend a large sum of money developing it. Jim Hill Mountain near Stevens Pass in the Cascade Range is named after him, also. He was general manager (1879-1882) and president (1883-1890) of the St. Paul, Minneapolis and Manitoba Railway Company. Then Harriman quickly began buying stock in Northern Pacific with the aim of eventually gaining control over it. During this same period, Hill also entered into banking and quickly managed to become member of several major banks' boards of directors. Holidays on the Hill Tour. Juche, a Korean-influenced dinner spot, takes its place. In 1870 he partnered with a few acquaintances and began his own Red River Transportation Company, which offered steamboat freight shipping between St. Paul and Winnipeg. Find great deals and sell your items for free. During the winter months when the Mississippi River was frozen and steamboats could not run, Hill started bidding on other contracts and won quite a few. Because of the size of this region and the economic dominance exerted by the Hill lines, Hill became known during his lifetime as "The Empire Builder". Hills Great Northern, McCormack added, profited on all sides, from the ore itself, and the transporting of it by rail to Duluth, and then by ship because it went on Hills ships. The theory was that if a fire broke out and the ceiling caved in, the sand would drop and retard or suppress the fire. Scan from original on Epson Expression 10000XL. Because of vandals or curious admirers both graves were later moved to Resurrection Cemetery in St. Paul for safer keeping. When he was looking for the best path for one of his tracks to take, he went on horseback and scouted it personally. In addition, he donated to numerous schools, including the Saint Paul Seminary. ", 240 Summit Ave. Hill was intimately involved in the planning and construction (19141916) of a new company headquarters in St. Paul (to be known as the Great Northern Office Building), which was to house the corporate staffs of the Great Northern, the Northern Pacific and Hill's banking enterprises. His first goal was to expand and upgrade even more. Hill responded with characteristic bluntness: "Work, hard work, intelligent work, and then more work. It was at this point that Hill became the official president of StPM&M (not that he hadn't been the man behind the curtain before), and decided to expand the rail lines. In order to generate business for his railroad, Hill encouraged European immigrants to settle along his line, often paying for Russian and Scandinavian settlers to travel from Europe. The StP&P in particular was caught in an almost hopeless legal muddle. Meanwhile, nearly every other transcontinental railroad went bankrupt. He also contributed to the establishment of Marquette University School of Medicine. In a way, they kind of fell into the biggest, most valuable property on the Range, said Pam Brunfelt, an Iron Range historian. James is 18 degrees from Margaret Atwood, 19 degrees from Jim Carrey, 20 degrees from Elsie Knott, 21 degrees from Gordon Lightfoot, 23 degrees from Alton Parker, 19 degrees from Beatrice Tillman, 17 degrees from Jenny Trout, 20 degrees from Justin Trudeau, 23 degrees from Edwin Boyd, 18 degrees from Barbara Hanley, 27 degrees from Fanny Rosenfeld and 20 degrees from Cathryn Hondros on our single family tree. That handoff has been the subject of a dispute in Ramsey County District Court, mostly about the timing of the handover. The winners of that truce were Hill and Morgan, who immediately formed the Northern Securities Company with the aim of tying together their three major rail lines. To promote settlement and revenue for his rail business, Hill experimented with agriculture and worked to hybridize Russian wheat for Dakota soil and weather conditions. James Jerome Hill (September 16, 1838 May 29, 1916) was a Canadian-American railroad director. A New Mexico man is charged with killing and decapitating a 51-year-old man at a local park Sunday then kicking the severed head around, according to a report . Copyright Privacy Information Policy Ticketing Policy, James J. Hill: Empire Builder of the Northwest, Harriman vs. Hill: Wall Street's Great Railroad War, James J. Hill and the Opening of the Northwest. Although Great Northern and Northern Pacific were backed by J. P. Morgan and James J. Hill, the Union Pacific was backed not only by its president, Edward H. Harriman, but by the extremely powerful William Rockefeller and Jacob Schiff. In 1867, Hill entered the coal business, and by 1879 it had expanded five times over, giving Hill a local monopoly in the anthracite coal business. Hill and his railway are mentioned in the Harry McClintock song "Hallelujah, I'm a Bum.". https://www.thefamouspeople.com/profiles/james-j-hill-138.php. Following their initial land purchases, Hill and his sons bought even more Iron Range land, raising the total to 67,000 acres. After the first punishing year of World War I, the Allied Powers desperately needed financial support to continue the war effort. 651-297-2555 By the time of his death in 1916, James J. Hill was worth more than $53 million (equal to more than $1,319,813,456 today). She died on November 22, 1921. Paul and Pacific Railroad. Follow him at twitter.com/TomWebbMN. People commented on his piercing gaze and said he held their attention with his quick, animated speech, gesturing expansively and jabbing the air with a hand or finger to make his point. James Hill is managed by the Canada Project. A portrait of James J. Hill is now hung in the library in his home. James Jerome Hill Mary Theresa Mehegan Hill Mary Frances (Mamie) James Norman (Jimmy) Louis Warren Clara Ann Admission includes self-guided access to holiday-themed exhibits and a 60-minute guided tour highlighting holiday stories and memories from both the Hill family and their staff. The Hills shrewdly included a group of children among the founders, insuring the trust would last a very long time. Hill died in St. Paul on May 29, 1916. He was well-known for his blunt, direct manner, and many commented on his occasional flashes of humor. As a child he encountered a serious accident, where he was struck by an arrow in his right eye that blinded his eye forever. Said Brunfelt, the Iron Range historian, The Great Northern (Railway) is one of the great success stories in American history, the only transcontinental railroad built by an individual, which is astonishing when you think of it. 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