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Railroad
Industrilazition of the U.S
| Quest | Answer |
|---|---|
| transcontinetal railroad | builiding was costly, land grants were givin, railroad made ajoining land valuable |
| four other transcontintal railroads | southern pacific, northern pacific, the archibast, and the great northern |
| union pacific railroad | trying to keep them in the union. built from nebraska going westward. really productive. gave out money and subsdies |
| central pacific | built from cali and eastward. had chinese people working, it was slower |
| the big four | major people of the railroad industry. consisted of stanford and hunnington |
| connection of uninon pacific and central | promonent point in utah |
| cornelius vandebilt | owned steamboat company decided to go into railroading. gave out railroads for cheap. |
| advancements made by cornelius | width, steel, pullman cars, and breaks |
| stock watering | process of selling stock for lots more than it is worth |
| jay gould | took profits from the railroad |
| william h vandebilt | corniulus son who helped his father run the country |
| pooling | agreement to divide the buisness in a given area and divide the profit |
| grange and farmers alliance | the farmers were tired of the railroaders being in charge of everything and their monopolies so they tried to stop them |
| wabash case | individual states have no power to regulate interstate commerce |
| interstate commerce act | act that said they couldnt discriminate against workers, couldnt rebate or pool, and didnt allow different charges for the shourt hall and long hall |
| interstate commerce commission | was used to reinforce the interstate commerce act |
| eli whitney | did patents and the typewriter |
| alexander bell | telephone |
| thomas edison | light bulb, phonograph, and moving pictures |
| andrew carneigie | major king of steel. owned almost all steel in the world |
| rockefeller | oil king. owned all oil and started the "trust" |
| vertical intergration | combining into one organization in all phases of manufactering |
| horizontal intergration | allying with the competitors to monopolize a given market |
| standard oil company | company started by rockefeller that oil owners gave some of their stock to him for him to have, thus eliminating competion |
| trust | any large scale business combination |
| jp morgan | major banker one of the richest |
| interlocking directorates | placing his own officers in their banking syndicate |
| bessemer process | america wanted lots of steel but it was expensive and we were running out of it so this process made steel in a cheaper faster easier way |
| edwin drake | built first oil drill in pennsilvania |
| beauty rose | rockefeller found all the oil and made kerosine lamps but the invention of the light bulb declined his sales. but eventually cars were made and he needed oil again so later on lots of trusts were made. |
| social darwinism | survival of the fittest, belief that we worked our butts off to get here and its not our fault the poor who are lazy deserve to be like that. giant trusts hid behind the 14th amendement and was claimed as property |
| conwell | wrote the book acres of diamonds |
| sherman antitrust act | forbade combinations in restraint of trade. it was weak and lawyers found loopholes through it |
| american tobacco company | made coffin nails and absorbed his main competitors into it. |
| iron oil and coal | pittsburgh plus" the south had found lots of steel but the steel lords brought bpressure to bear on the compliant railroads. and as a result the steel was just a fictional fee |
| cotton textiles | one thing that the south had going for them |
| scabs | people who crossed over the picket fence to work |
| lockouts | when employers locked their doors agaisnt workers and starve them into submission |
| yellow dog contracts | solemn agreements not to join a labor union |
| black list | list that employees names would go on |
| national labor union | let everyone work. unskilled and skilled |
| colored national labor union | for all colored people |
| knights of labor | orginization that let everyone work really secret and let all workers in one big union. work 8 hours a day |
| terence v powderely | didnt want the 10 hour day |
| haymarket square | a bomb was trhwon here and people began having hysteria ruined the knights of labor by making them see that hiring all people isnt good |
| american federation of labor | let by gompers, only allowed skilled workers and smart people. lots of boycotts and strikes |
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Chels24
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