The hosts discuss their merch and interactions with fans, recommend Squarespace for creating websites, reflect on inheritance, explore the story of a deception and railroad construction, talk about dealing with tolls and upcoming comedy shows, discuss James Harvey Stowbridge, the violent boss, highlight the monopoly and expansion of the railroad company, explore Leland Stanford's controversial evictions, have a chaotic conversation on various topics, and discuss the death and funeral of Junior.
The Big Four railroad tycoons in the 19th century manipulated the press, evicted Chinese workers, and engaged in corrupt practices, reflecting contemporary issues of corporate greed.
Leland Stanford's efforts to establish Stanford University raise questions about privilege, inequality, and the influence of money in higher education.
The centralized control over various industries, including railroads, shipping, and property, by the Big Four led by Leland Stanford highlights their immense wealth and power in California's infrastructure.
Deep dives
Railroad construction begins
Construction of the railroad begins as the Central Pacific hires thousands of Chinese workers, much to the dismay of racists. The company takes advantage of government subsidies, double prices, and creates towns along the rail lines.
The Big Four gain power and control
The Big Four, led by Leland Stanford, use their influence and wealth to gain control over various industries including railroads, shipping, and property, effectively controlling much of California's infrastructure.
Challenges and controversies arise
The Big Four face criticism and legal challenges for their corrupt practices, inflated prices, and unethical actions, leading to bad publicity and public resentment.
Leland's legacy and downfall
Leland Stanford's extravagant lifestyle and controversial business practices, including his failed attempt to build a mansion and disputes with contractors, contribute to his eventual downfall and public condemnation.
The Big Four's Wealth and Power
The podcast episode explores the immense wealth and power of the Big Four railroad tycoons in the 19th century, specifically focusing on Leland Stanford's rise and his connections with the government. Despite their riches, the episode uncovers how the Big Four manipulated the press, evicted Chinese workers, and engaged in corrupt practices. It highlights their creation of front companies and the destruction of incriminating documents to avoid accountability. The revelation of their massive profits and tax evasion sheds light on the parallel between their actions and contemporary issues of corporate greed.
Stanford University's Origins and Legacy
The second part of the podcast delves into Leland Stanford's efforts to establish Stanford University in memory of his late son. It explores the legal battles surrounding the university's exemption from state property taxes and its acceptance of property and wealth from wealthy donors. The episode further reveals the ongoing controversies and debates over Stanford University's access to billions of dollars in funding while charging tuition and remaining tax-exempt. Ultimately, it raises questions about privilege, inequality, and the influence of money in higher education.