Milwaukee Road Finance and Accounting Department Records, 1870-1985

Biography/History

Commonly referred to as the "Milwaukee Road" (or simply "The Road"), the origins of this railroad began in 1847, when the Milwaukee and Waukesha Railroad was incorporated. Three years later its first train operated between Milwaukee and Wauwatosa, Wisconsin, and by 1857, its track reached Prairie du Chien, Wisconsin. In February 1874, the name changed to the Chicago, Milwaukee & St. Paul Railway as it continued to expand throughout the Midwest. By 1887, it reached into Iowa and South Dakota, as far west as Kansas City, Missouri, and north into the Upper Peninsula of Michigan.

In 1905, the Milwaukee Road decided to expand west again, this time to Puget Sound in Washington. The "Lines West" were built between 1906-1909, from the middle of South Dakota to Seattle and Tacoma in Washington. Even though the lines were technological marvels, they were never successful, and were a major contributor to the bankruptcy in 1925. In 1928 the Road reorganized as the Chicago, Milwaukee, St. Paul & Pacific Railroad, but went bankrupt again in 1935 and 1945. In 1977, in financial trouble once more, it reorganized and sold off two-thirds of its trackage. It was acquired by the Soo Line Corp. on February 21, 1985, which operated it as the Milwaukee Road, Inc. until merging it with their own lines on January 1, 1986.

The Finance and Accounting Department originally was called the Treasury and Accounting Department until 1893 when the two groups formed separate departments. All of the accounting operations were centralized in Chicago, where W.N.D. Winne was an early leader. Winne served the Department for over fifty years, with many of those years spent as General Auditor. After his death in 1913, the Department underwent a reorganization in which Benjamin Dousman became General Auditor of the Milwaukee Road. Dousman had begun his career in 1879 as a junior clerk in the Car Accountant’s offices in Milwaukee.