1823 - 1881
Thomas Alexander Scott American Business
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Thomas Alexander Scott is a member of the following lists: People from Franklin County, Pennsylvania, 1881 deaths and 1823 births.
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Details
| First Name |
Thomas
|
| Middle Name |
Alexander
|
| Last Name |
Scott
|
| Birthday |
28th December, 1823
|
| Birthplace |
Peters Township, Franklin County, Pennsylvania
|
| Died |
21st May, 1881
|
| Place of Death |
Darby, Pennsylvania
|
| Buried |
Woodlands Cemetery, Philadelphia, Philadelphia County, Pennsylvania, USA
|
| Zodiac Sign |
Capricorn
|
| Nationality |
American
|
| Occupation Text |
Railroad executive, politician
|
| Occupation |
Business
|
| Year(s) Active |
1850s–1880s
|
Thomas Alexander Scott (December 28, 1823 – May 21, 1881) was an American businessman, railroad executive, and industrialist. President Abraham Lincoln in 1861 appointed him to serve as U.S. Assistant Secretary of War, and during the American Civil War railroads under his leadership played a major role in the war effort. He became the fourth president of the Pennsylvania Railroad (1874–1880), which became the largest publicly traded corporation in the world and received much criticism for his conduct in the Great Railway Strike of 1877 and as a "robber baron." Scott helped negotiate the Republican Party's Compromise of 1877 with the Democratic Party; it settled the disputed presidential election of 1876 in favor of Rutherford B. Hayes in exchange for the federal government pulling out its military forces from the South and ending the Reconstruction era. In his final years, Scott made large donations to the University of Pennsylvania.
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