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Article: Ames, Oakes
- Article from:
- Gale Encyclopedia of U.S. Economic History
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AMES, OAKES
Oakes Ames (1804
–
1873) was a U.S. manufacturer and five-term member of the United States House of Representatives. He was the principal financier of the Union Pacific Railroad, the eastern half of the first transcontinental railroad. Unfortunately, in his zeal to complete this railroad project, Ames made several errors in judgment. His questionable business practices eventually led to his censure by Congress.
Oakes Ames was the eldest son of Oliver Ames, Sr. and Susannah Angier, born on January 10, 1804, in Easton, Massachusetts. His father was a socially prominent manufacturer who owned a well-known shovel factory. Ames attended local schools until he was sixteen and ...