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Railroad Barons
 

Railroad Barons

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    Railroad Barons Railroad Barons Presentation Transcript

    • Railroad Barons Who were the railroad barons? What were railroads used for?
    • Railroad barons were powerful people who controlled the nation’s rail traffic. Railroads were used for carrying ore, coal and timber to factories
    • What were four methods used by railroad barons?
      • The four methods used by the railroad barons were:
      • Consolidation - combining of separate companies
      • The standard gauge – made track size the same.
      • Rebates – discounts to customers
      • Pools – secret agreements among barons
    • What was the governments response?
    • The government passed laws but the laws did little to curb their power.
    • Why were the railroad barons important?
    • They played an important role in building America’s transportation system.