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The World's Richest Neighborhood
The residents of Pittsburgh's East End controlled as much a 40% of America's assets at the turn of the last century. Mail was delivered seven times a day to keep America's greatest capitalists in touch with their factories, banks, and markets. The neighborhood had its own private station of the Pennsylvania Railroad with a daily non-stop express to New York's financial district. Many of the world's most powerful men — princes, artists, politicians, scientists, and American Presidents such as William McKinley, Teddy Roosevelt, William Taft, Calvin Coolidge, and Herbert Hoover, came to visit the hard-working and high-flying captains of industry. Two major corporations, Standard Oil and ALCOA...
The Law Journal
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