Unlike other railroad tycoons, James J. Hill and his Great Northern Railway made decisions based on profit and loss, steadfastly refusing federal subsidies. Hill’s line was also the only transcontinental railroad to never go bankrupt.
Source
Unlike other railroad tycoons, James J. Hill and his Great Northern Railway made decisions based on profit and loss, steadfastly refusing federal subsidies. Hill’s line was also the only transcontinental railroad to never go bankrupt.