Alfred Holland Smith | |
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Born | Cleveland, Ohio, U.S. | April 26, 1863
Died | March 8, 1924 New York City, U.S. | (aged 60)
Employer | New York Central Railroad |
Title | President |
Alfred Holland Smith (April 26, 1863 – March 8, 1924) was the President of New York Central Railroad from January 1914 to May 1918 and from June 1919 until his death. The entirety of Smith's forty-five-year career was dedicated to the railroads. He started his career as a messenger boy at the age of fourteen, earning 4 dollars a week, and became the highest-paid railroad manager in the U.S., receiving an annual salary of more than $100,000 according to one survey.[1]
After the American entry into World War I, Smith joined the federal service as the Eastern Director of the United States Railroad Administration and temporarily assumed control over the largest pool of railroads in U.S. history, carrying one half of the nation's freight.[2] He successfully alleviated traffic congestion and the buildup of Europe-bound cargoes in the docks.
Smith spoke and acted in favor of government-sponsored consolidation of American,[3] Canadian[4] and Cuban[5] railroads into larger corporations but opposed direct nationalization of railroads.[6] Smith's last full year with the New York Central Railroad, 1923, was the company's most successful year.[7] On March 8, 1924, before the record profit numbers were published, Smith was killed in a horse riding accident in Central Park.
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