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In 1873 the company went into bankruptcy. In 1883 Henry Billard finished the route from Ashland, Wis., to Portland, Oregon. The company became North pacific Railway in 1896. An agreement between James Hill & J.P. Morgan and E.H. Harriman resulted in the organization of Northern Securities Company. The trust was dissolved in 1904 as a violation of the Sherman Anti-trust Act...
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An agreement between James Hill & J.P. Morgan and E.H. Harriman resulted in the organization of Northern Securities Company. The trust was dissolved in 1904 as a violation of the Sherman Anti-trust Act.
Standard Oil Company and Northern Securities Company were both created for the same reason, to make money...
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