Erie War

E132311

The Erie War was a fierce 19th-century Wall Street battle for control of the Erie Railroad, involving financiers like Jay Gould in a notorious episode of stock manipulation and corporate corruption.

All labels observed (2)

Label Occurrences
Erie War canonical 3
Erie War over control of the Erie Railway 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf 19th-century financial scandal ⓘ
corporate control struggle ⓘ
stock market conflict ⓘ
conflictType battle for corporate control ⓘ
country United States ⓘ
describedAs notorious episode of stock manipulation ⓘ
symbol of Gilded Age corruption ⓘ
endTime 1869 ⓘ
financialInstrument Erie Railroad stock ⓘ
followedBy continued speculative operations in Erie Railroad stock ⓘ
hasEffectOn public perception of Wall Street ⓘ
reputation of Cornelius Vanderbilt ⓘ
reputation of James Fisk Jr. ⓘ
reputation of Jay Gould ⓘ
hasHistoricalSignificance became a classic case study in financial speculation and corruption ⓘ
illustrated weaknesses in corporate governance in the 19th century United States ⓘ
hasKeyEvent bribery of members of the New York State Legislature ⓘ
flight of Erie directors to New Jersey to avoid arrest ⓘ
issuance of new Erie Railroad shares to dilute Cornelius Vanderbilt’s holdings ⓘ
legal battles in New York courts over Erie stock ⓘ
settlement between Cornelius Vanderbilt and Erie management ⓘ
hasMainSubject Erie Railroad ⓘ
hasParticipant Cornelius Vanderbilt ⓘ
Daniel Drew ⓘ
Erie Railway Company ⓘ
linked to: Erie Railroad

James Fisk Jr. ⓘ
Jay Gould ⓘ
New York Central Railroad ⓘ
industry railroad industry ⓘ
involves bribery of public officials ⓘ
issuing fraudulent shares ⓘ
judicial corruption ⓘ
political corruption ⓘ
stock manipulation ⓘ
stock watering ⓘ
legalContext lax 19th-century securities regulation in the United States ⓘ
location New York City ⓘ
Wall Street ⓘ
precededBy earlier attempts by Cornelius Vanderbilt to consolidate railroads ⓘ
result Cornelius Vanderbilt abandoned his attempt to control the Erie Railroad ⓘ
Jay Gould gained effective control of the Erie Railroad ⓘ
linked to: Jay Gould

increased public awareness of stock market abuses ⓘ
large financial losses for Cornelius Vanderbilt ⓘ
public scandal over Wall Street practices ⓘ
startTime 1868 ⓘ
timePeriod Gilded Age ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Jay Gould → notableEvent → Erie War ⓘ
James Fisk Jr. → associatedWith → Erie War over control of the Erie Railway ⓘ
linked to: Erie War
Daniel Drew → involvedIn → Erie War ⓘ
Jubilee Jim → participantIn → Erie War ⓘ