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| A railroad, commissioned by Congress, that started in Omaha, and it connected with the Central Pacific Railroad in Promentary Point, UTAH | ||
| Scandalous company created by Union Pacific Railroad insiders, it distributed shares of its stock to Congressmen to avoid detection | ||
| A railroad that started in Sacramento , and connected with the Union Pacific Railroad in Promentary Point, UTAH | ||
| The chief financial backers of the enterprise, The Central Pacific Railroad, including ex-governor Stanford who got money but was clean by refusing bribes from Congressmen | ||
| Welded the west coast to the Union | ||
| this railroad ran from Lake Superior to Puget Sound | ||
| Railroads that connected the Southwest deserts to California | ||
| Ran from New Orleans to San Francisco | ||
| Ran from Duluth to Seattle and was the creation of James J. Hill, probably the greatest railroad builder of all. | ||
| Created the great northern railroad. probably the greatest railroad builder of all, he saw his railroad building as a public duty. also did the southern pacific railroad, completed in 1884. | ||
| old eastern railway welded to new westward rails, owned by Cornelius Vanderbilt | ||
| made millions from steamboat business, and used the money to merge local railroads to the New York Central Railroad. | ||
| Railroad companies set 'time zones' for more efficiency. Previously, towns set their own clocks- usually 1 clock tower in town, but nearly all towns adopted new time zones. S: Demonstrated the Power railroads had over society at the time | ||
| United States financier, worked with Jim Fisk. He caused a financial panic in 1869 when he attempted to corner the gold market by convincing Grant to stop the sale of gold to stop inflation and help farmers. (1836-1892) | ||
| originally referring to cattle, term for the practice of railroad promoters exaggerationg the profitability of stocks in excess of its actual value | ||
| pool is an informal agreement between a group of people or leaders of a company to keep their prices high and to keep competition low. The Interstate Commerce Act in 1887 made railroads publicly publish their prices and it outlawed the pool. | ||
| 1886 supreme court case that decreed that individual states had no power to regulate interstate commerce | ||
| banned rebates, pools, required railroads to openly publish rates & forbade discrimination against shippers, banned charging more for short haul than long one ;set up Interstate Commerce Commission (ICC) | ||
| created by the Interstate Commerce Act of 1887, which was signed into law by President Grover Cleveland;regulate railroads (and later trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers. It stabilized the existing business system | ||
| inventor of the telephone | ||
| American inventor famous for the light bulb and his inventions which use electricity | ||
| Creates Carnegie Steel. Gets bought out by banker JP Morgan and renamed U.S. Steel. Andrew Carnegie used vertical integration by buying all the steps needed for production. Was a philanthropist. Was one of the "Robber barons". He is the Steel King. | ||
| Was an American industrialist and philanthropist. Revolutionized the petroleum industry. Used horizontal integration by creating the Standard Oil Trust. | ||
| Wall Street financier and business leader was involved in many of the most profitable business ventures during the era of industrialization; he bought Carnegie Steel in 1901 & established the world's first billion-dollar corporation, US Steel. Lent money to the government, and is known as the banker's banker. | ||
| practice in which a single manufacturer controls all of the steps used to change raw materials into finished products | ||
| A technique used by John D. Rockefeller. Horizontal integration is an act of joining or consolidating with ones competitors to create a monopoly. | ||
| any large-scale business combination | ||
| John D Rockefeller's corporation that controled over 90% of the nation's oil and bribed politicians for favors. | ||
| J.P Morgan placed his own men on boards of directors of rival competitors | ||
| A way to manufacture steel quickly and cheaply by blasting hot air through melted iron to quickly remove impurities. | ||
| Bought from Carnegie by J.P morgan for 400 million, turned into the first billion dollar corp. | ||
| Titans of the meat industry | ||
| the belief that those entrusted with society's riches had to prove themselves morally responsible, book written by Carnegie | ||
| The application of ideas about evolution and "survival of the fittest" to human societies - particularly as a justification for their imperialist expansion. | ||
| The Act forbade combination in restraint of trade without any distinction between "good" trusts and "bad" trusts. The law proved ineffective because it contained legal loopholes and it made all large trusts suffer, not just bad ones. | ||
| Formed the American Tabacco Company, controlled 90% of the cigarette market | ||
| Not all white southerners revered the lost cause. Many looked to the future rather tha the past. They attempted to modernize the South's economy and to disversify southern agriculture. They encouraged northern investment and the building of new railroads to tie the south into national and internaltional markets. Rather than a lost cause, these southerners looked to a new south | ||
| Pittsburgh steel lords forced railroad to give same fee to Birmingham, AL even though Birmingham would be shipping a shorter distance. | ||
| Women's magazine promoting an independent and athletic woman. | ||
| Stirkebreakers hired by employers as replacement workers when unions went on strike | ||
| When management closes the doors to the place of work and keeps the workers from entering until an agreement is reached | ||
| A written contract between employers and employees in which the employees sign an agreement that they will not join a union while working for the company. | ||
| List of strikers made by factories so they would not be hired at other companies. | ||
| United skilled with unskilled workers. Lasted 6 years. | ||
| Secret society and labor union open to all workers-skilled, unskilled, men, women, blacks. Wanted to change society but was not involved in politics so they didn't allow any bankers or lawyers | ||
| led the Knights of Labor, a skilled and unskilled union, wanted equal pay for equal work, an 8hr work day and to end child labor | ||
| The police storm a meeting of the Knights of Labor where they were planning a protest and a bomb goes off by anarchists. | ||
| Federation of craft labor unions lead by Samuel Gompers that arose out of dissatisfaction with the Knights of Labor | ||
| President and Founder of the AFL, he combined unions to increase their strength. | ||
| United States labor leader who helped to found the Industrial Workers of the World (1830-1930) |
