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Every day Hill filled his ships with American grain from the plains, with copper from Montana, lumber from Washington, cotton from the South, textiles from New England, rails from Pittsburgh, apples from Washington. He would send them all free to the Far East. The Asians would try these American goods, and if they liked them, then they would come back for more.
In fact, Hill went to Japan, met with Japanese businessmen, and proposed that he would buy southern cotton, pay for it himself, ship it to the Japanese for free, and give it to them free. Hill would buy the southern cotton out of his own money if the Japanese would just try this cotton in place of the cotton they normally got from India. Well, the Japanese took him up on his offer; they liked it, and soon Hill's box cars were full of cotton, travelling from the South to the North to the Pacific Coast and then on to a steamship to Japan.
Hill used this strategy to build up all kinds of business. In 1900, Japan started a railroad building boom. Hill recognized the potential of railroads throughout Asia. At that time, the world's suppliers of rail were England and Belgium. But there were a few American rail makers in Pittsburgh. So Hill went to Japan; he purposely underbid the English and the Belgians, paid the difference out of his own pocket just to get the Japanese to try rails made in Pittsburgh. His strategy worked: Japan started buying all their rail from Pittsburgh, which built up the fledgling rail industry in America.
What happened in the 1890s was nothing short of a miracle: When Hill started his push into Asia, trade with Japan was seven million dollars a year. Nine years later, with Hill in charge of this American mission into Asia, American trade with Japan alone was 52 million dollars! And he was now pushing into China as well! Hill was causing geometrical increases in American commerce. He was spearheading, 100 years ago, an American dominance of trade in Asia. In the meantime the political entrepreneurs, Hill's so-called rivals, were still running around Washington, D.C. trying to figure out how they could get more subsidies. And Hill just kept on reaching out, taking care of people's needs, and pushing up standards of living while spearheading a geometrical increase of American commerce in Asia. That was 100 years ago.
As time went by, the other three government-financed transcontinentals continued to lose money. The government kept pouring taxpayers' dollars into financing them. The public started getting fed up with this. In addition, as time went by, the frauds committed by the political entrepreneurs started to surface -- things like setting up their own companies to sell substandard material at overcharged prices. The American public had to continue to pay subsidies into this hoax just to keep these other three government railroads running. The public finally had enough. So Congress, those eternal glory-seeking politicians, started self-righteously parading the corrupt political entrepreneurs in front of Congress and the nation, forming special-investigation committees.
Well, once again, Congress created a deception: They presented themselves as protectors of the American public. They would nobly project, "Look how great we are; look how needed and important we are; we're going to protect the American public from those greedy and corrupt railroad executives." Yet, the root cause of the problem was Congress itself. Congress was the culprit! Congress spent other people's money in a railroad business where they had no business being in the first place.
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