Sunday, April 21, 2013

The mystique of Leland Stanford


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The mystique of Leland Stanford

October 21, 2030

Weekly Report Posted: December 20, 2012 07:45

Amasa Leland Stanford (March 9, 1824 – June 21, 1893) was an American tycoon, industrialist, robber baron,, politician and founder of Stanford University. Migrating to California from New York at the time of the Gold Rush, he became a successful merchant and wholesaler, and continued to build his business empire. He served one two-year term as Governor of California after his election in 1861, and later eight years as Senator from the state. As president of Southern Pacific and, beginning in 1861, Central Pacific, he had tremendous power in the region and a lasting impact on California.

Stanford was born in 1824 in what was then Watervliet, New York (now the Town of Colonie). He was one of eight children of Josiah and Elizabeth Phillips Stanford. New York State Senator Charles Stanford (1819–1885) was his brother. His immigrant ancestor, Thomas Stanford, settled in Charlestown, Massachusetts, in the 17th century. Later ancestors settled in the eastern Mohawk Valley of central New York about 1720.

Stanford's father was a farmer of some means. Stanford was raised on family farms in Lisha Kill and Roessleville (after 1836) areas of Watervliet. The family home in Roessleville was called Elm Grove. The Elm Grove home was razed in the 1940s. Stanford attended the common schools until 1836 and was tutored at home until 1839. He attended Clinton Liberal Institute, in Clinton, New York, and studied law at Cazenovia Seminary in Cazenovia, New York in 1841-45. In 1845, he entered the law office of Wheaton, Doolittle and Hadley in Albany.

After being admitted to the bar in 1848, Stanford migrated with many other settlers, moving to Port Washington, Wisconsin, where he began law practice with Wesley Pierce. His father presented him with a law library said to be the finest north of Milwaukee. In 1850, Stanford was nominated by the Whig Party as Washington County, Wisconsin District Attorney.

The area where he practiced law, now known as the Port Washington Downtown Historic District, is listed on the National Register of Historic Places.

On September 30, 1850, Stanford married Jane Elizabeth Lathrop in Albany. She was the daughter of Dyer Lathrop, a merchant of that city, and Jane Anne (Shields) Lathrop. The couple did not have any children for years, but their son, Leland Stanford, Jr., was born in 1868 when his father was forty-four.

In 1852, having lost his law library and other property to a fire, Stanford followed his five brothers to California during the California Gold Rush. His wife Jane returned temporarily to Albany and her family. He went into business with his brothers and became the keeper of a general store for miners at Michigan Flat in Placer County; later he had a wholesale house. He served as a Justice of the Peace and helped organize the Sacramento Library Association, which later became the Sacramento Public Library. In 1855, he returned to Albany to join his wife but found the pace of Eastern life too slow after the excitement of developing California.

In 1856, he and Jane moved to San Francisco, where he engaged in mercantile pursuits on a large scale. Stanford was one of the four major businessmen known popularly as "The Big Four" (or among themselves as "the Associates") who were the key investors in the Central Pacific Railroad, which they incorporated on June 28, 1861, and of which Stanford was elected president. His other three associates were Charles Crocker, Mark Hopkins, and Collis P. Huntington. They hired Theodore Dehone Judah as the chief engineer.

In 1861, Stanford was nominated again (his first run was in 1859) to run for Governor of California, and this time he was elected. The railroad's first locomotive, named "Gov. Stanford" in his honor, is on display today at the California State Railroad Museum in Sacramento. He served one term, then limited to two years.

In May 1868, he joined Lloyd Tevis, Darius Ogden Mills, H.D. Bacon, Hopkins, and Crocker in forming the Pacific Union Express Company. It merged in 1870 with Wells Fargo and Company. Stanford was a director of Wells Fargo and Company from 1870 to January 1884. After a brief retirement from the board, he served again from February 1884 until his death in June 1893.
While the Central Pacific was under construction, Stanford and his associates in 1868 acquired control of the Southern Pacific Railroad. Stanford was elected president of the Southern Pacific, a post he held until 1890 (except for a brief period in 1869-70 when Tevis was acting president), when he was ousted by Collis Huntington.

As head of the railroad company that built the western portion of the "First Transcontinental Railroad" over the Sierra Nevada mountains in California, Nevada, and Utah, Stanford presided at the ceremonial driving of "Last Spike" in Promontory, Utah on May 10, 1869. The grade of the CPRR met that of the Union Pacific Railroad, which had been built west from its eastern terminus at Council Bluffs, Iowa/Omaha, Nebraska.

Stanford moved with his family from Sacramento to San Francisco in 1874, where he assumed presidency of the Occidental and Oriental Steamship Company, the steamship line to Japan and China associated with the Central Pacific.

The Southern Pacific Company was organized in 1884 as a holding company for the Central Pacific-Southern Pacific system. Stanford was president of the Southern Pacific Company from 1885 until 1890, when he was forced out of that post, as well as the presidency of the Southern Pacific Railroad, by Collis Huntington. This was thought to be retaliation for Stanford's election to the United States Senate in 1885 over Huntington's friend, A.A. Sargent.

Stanford was elected chairman of the Southern Pacific Railroad's executive committee in 1890, and he held this post and the presidency of the Central Pacific Railroad until his death.

Stanford was politically active and became a leading member of the Republican Party. In 1856, he met with other Whig politicians in Sacramento on April 30 to organize the California Republican Party at its first state convention. He was chosen as a delegate to the Republican Party convention which selected US presidential electors in both 1856 and 1860. Stanford was defeated in his 1857 bid for California State Treasurer, and his 1859 bid for the office of Governor of California. In 1860, he was named a delegate to the Republican National Convention in Chicago, but did not attend. He was elected governor in a second campaign in 1861.

He was the eighth Governor of California, serving from January 1862 to December 1863, and the first Republican governor. Due to large winter storm floods, the governor was said to have needed to row in a boat to his own inauguration. A large, slow-speaking man who always read from a prepared text, he impressed his listeners as being more sincere than a glib, extemporaneous speaker.

The gold strike in California had brought a large influx of newcomers into the territory, including Chinese immigrants. They were persecuted in the gold fields and in small towns and cities, as well because of racial discrimination. Anti-Chinese sentiment became an official political issue over time. Stanford, as governor, ostensibly supported the prevailing mood in the state, which lobbied for the restriction of Chinese immigration. In a message to the legislature in January 1862, Stanford said, “The presence of numbers of that degraded and distinct people would exercise a deleterious effect upon the superior race.” His statement was initially received with widespread enthusiasm, and Stanford was lauded as a defender of the white race. Public opinion shifted when it was revealed that Stanford's Central Pacific Railroad had recruited and imported thousands of Chinese laborers to construct the railway track.

During his gubernatorial tenure, he cut the state's debt in half, and advocated for the conservation of forests. He also oversaw the establishment of the California's first state normal school in San José, later to become San José State University. Following Stanford's governorship, the term of office changed from two years to four years, in line with legislation passed during his time in office.

Later, he served in the United States Senate from 1885 until his death in 1893. He served for four years as Chairman of the U.S. Senate Committee on Public Buildings and Grounds, and also served on the Naval Committee. He authored several Senate bills that advanced ideas advocated by the Populists: a bill to foster the creation of worker-owned cooperatives, and a bill to allow the issuance of currency backed by land value instead of only the gold standard. Neither bill made it out of committee. In Washington, D.C., he had a residence on Farragut Square near the home of Baron Karl von Struve, Russian minister to the United States.

With his wife Jane, Stanford founded Leland Stanford Junior University as a memorial for their only child, Leland Stanford, Jr., who died as a teenager of typhoid fever in Florence, Italy, in 1884 while on a trip to Europe. The University was established by the March 9, 1885, Endowment Act of the California Assembly and Senate, and the Grant of Endowment from Leland and Jane Stanford signed at the first meeting of the Board of Trustees on November 14, 1885.

The Stanfords donated approximately US$40 million (over US$1 billion in 2010 dollars) to develop the university, which held its opening exercises October 1, 1891. It was intended for agricultural studies. Its first student, admitted to Encina Hall that day, was Herbert Hoover. The wealth of the Stanford family during the late 19th century is estimated at about US$50 million (about US$1.3 billion in 2010 dollars).

Leland Stanford was an active Freemason from 1850 to 1855, joining the Prometheus Lodge No. 17 in Port Washington, Wisconsin. After moving west, he became a member of the Michigan City Lodge No. 47 in Michigan City, California. He was also a member of the Independent Order of Odd Fellows in California.

Long suffering from locomotor ataxia, Leland Stanford died of heart failure at home in Palo Alto, California on June 21, 1893. He was buried in the Stanford family mausoleum on the Stanford campus. Jane Stanford died in 1905.

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