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ERASTUS CORNING (1794-1872)

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Originally appearing in Volume V07, Page 174 of the 1911 Encyclopedia Britannica.
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ERASTUS See also:CORNING (1794-1872)  , See also:American capitalist, was See also:born in See also:Norwich, See also:Connecticut, on the 14th of See also:December 1794 . In 1807 he became a clerk in a hardware See also:store at See also:Troy, New See also:York, but in 1814 he removed to See also:Albany, where he eventually became the owner of extensive ironworks, obtained a controlling See also:interest in various banking institutions, and accumulated a large See also:fortune . He was prominently connected with the See also:early See also:history of railway development in New York, became See also:president of the See also:Utica & See also:Schenectady See also:line, and was the See also:principal See also:factor in the See also:extension and consolidation of the various See also:independent lines that formed the New York Central See also:system, of which he was president from 1853 to 1865 . He was also interested in the See also:building of the See also:Michigan Central and the See also:Chicago, See also:Burlington & See also:Quincy See also:railways, and was president of the See also:company which constructed the Sault Sainte See also:Marie See also:ship See also:canal, providing a navigable waterway between Lakes See also:Huron and See also:Superior . He was prominent in politics as a Democrat, and, after serving as See also:mayor of Albany from 1834 to 1837, and as See also:state senator from 1842 to 1845, he was a representative in See also:Congress in 1857—1859 and in 1861-1863, being re-elected for a third See also:term in 1862, but resigning before the opening of the session . In 1861 he was a delegate to the See also:Peace Congress, but when the See also:Civil See also:War actually began he loyally supported the See also:Lincoln See also:administration . He was a delegate to the New York constitutional See also:convention of 1867, and was for many years See also:vice-See also:chancellor of the See also:board of regents of the University of the State of New York . He died at Albany, New York, on the 9th of See also:April 1872 .

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