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Louis Houck: Opponent and Imitator of Jay Gould

William Thomas Doherty

Business History Review, 1956, vol. 30, issue 1, 46-56

Abstract: History has recorded many instances where inconspicuous competitive units have achieved success in opposing mighty combinations of power. The thesis has been voiced that even in periods of wildest competition the small businessman has not been entirely hapless. His size has been a political asset, and very early he learned to exploit that asset to the utmost. Louis Houck, the Missouri railroader, played the part of David; his Goliath was none other than Jay Gould. Houck not only made capital of his economic vulnerability, but boldly employed the very tactics for which the public was condemning his formidable adversary.

Date: 1956
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