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Expansion of Railroads
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Railroad track miliage + 113%, more railroad cars. Patrons of hunbantry form to negotiate railroad use costs for farmers, trains convert to use steel wheels, +1000% in steel production
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The Grange
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Oliver Hudson Kelley 1867, formed the National Grange of the Patrons of Husbandry, at first devoted to educational events and social gatherings.
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Granger Laws
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Series of laws passed to regulate grain and railroad freight costs / abuses against farmers
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William Jennings Bryan (platform)
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Bryan endorsed free silver, supported income tax, condemed trusts,
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Munn V.S. Illinois
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States can regulate private businesses/industries in the interest of the people
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Interstate Commerce Act
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1887 - outlawed pools, descriminatory rates for use of railroads against farmers/workers
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Interstate Commerce Commission
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Reglatory body created by ICA, central issue was rate discrimination between similarly situated customers and communities Between 1910 and 1934, the ICC had the authority to regulate interstate telephone services.
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Time Zones
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1883, result of railroads & need to set arrival/departure times
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Tecnological Advancements/Inventions
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Telephone, lights, typewriter, first skyscrapers
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Theory of the Leisure Class
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Book, first published in 1899 by Thorstein Veblen, critique of consumerism, emerging wealthy class = leisure class (gain on the back of the working class)
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Where the rich built their summer homes
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5th Avenue and Newport RI
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"Robber Barrons" (names and industries)
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Cornelius Vanderbilt (railroads), Henry B. Plant (railroads) - Florida, Henry Clay Frick (steel) – Pittsburgh and New York City, James Buchanan Duke (tobacco) – near Durham, North Carolina, Andrew Carnegie (steel) - Pittsburgh and New York,
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Standard Oil
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John D. Rockefeller, Standard Oil, predominant American integrated oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world[3] and operated as a major company trust and was one of the world's first and largest multinational corporations. Engaged in practices that were lawful but drove many smaller businesses under, Standard Oil became widely criticized in the public eye
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Sherman Antitrust Act
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1890, first measure passed by the U.S. Congress to prohibit trusts
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U.S. vs E.C. Knight Company
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(1895), legal case in which the U.S. Supreme Court first interpreted the Sherman Antitrust Act of 1890. The case began when the E.C. Knight Company gained control of the American Sugar Refining Company. Decision - Manufacturing is not considered an area that can be regulated by Congress pursuant to the commerce clause.
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