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John W. Garrett

banker

John W. Garrett

American banker & railroad executive

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About John W. Garrett

John Work Garrett was an American merchant turned banker who became president of the Baltimore and Ohio Railroad (B&O) in 1858 and led the railroad for nearly three decades. The B&O became one of the most important American railroads by the time Garrett died. The rail magnate would also become a noted philanthropist, providing Johns Hopkins University with B&O stock worth more than 1 billion inflation-adjusted dollars. He provided crucial support for the Union cause during the Civil War, expanded the railroad to reach Chicago, Illinois, and competed with the Pennsylvania Railroad for access to New York City.

Facts from Wikidata (CC0). Image via Wikimedia Commons (Public domain).

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Occupation: banker, railway executive, collector
Position held: president, board of directors member
Citizenship: United States
Born: July 31, 1820
Died: September 26, 1884

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