Page "James J. Hill" Paragraph 17

With 1901 and the start of the new century, James Hill now had control of both the Great Northern Railway, and the Northern Pacific ( which he had obtained with the help of his friend J. P. Morgan, when that railroad went bankrupt in the depression of the mid-1890s ).

Hill also wanted control of the Chicago, Burlington and Quincy railroad because of its Midwestern lines and access to Chicago.

The Union Pacific Railroad was the biggest competitor of Great Northern and Northern Pacific Railroads.

Although Great Northern and Northern Pacific were backed by J. P. Morgan and James J. Hill, the Union Pacific was backed not only by its president, Edward H. Harriman, but by the extremely powerful William Rockefeller and Jacob Schiff.