M C K E N Z I E H I T C H C O C K
Titans of Industry
Titans of Industry
Andrew Carnegie John D. Rockefeller Leland StanfordJP Morgan
“Banker’s Banker” “Steel King” “Oil Baron”...
A P R I L 1 7 , 1 8 3 7 - M A R C H 3 1 , 1 9 1 3
JP Morgan:The ‘Banker’sBanker’
JP Morgan: The ‘Banker’s Banker’
 He made his money by a very deal during the civil war
 He bought five thousand riffles...
JP Morgan: The ‘Banker’s Banker”
 Morgan began his actual career as an accountant in 1857.
 He worked for several other ...
JP Morgan: The ‘Banker’s Banker’
 In 1893, JP Morgan was the primary financer of the U.S.
railroads.
 By the early 1900s...
N O V E M B E R 2 5 , 1 8 3 5 - A U G U S T 1 1 , 1 9 1 9
AndrewCarnegie:The ‘SteelKing
AndrewCarnegie: The ‘Steel King’
 Born in Scotland- Moved to United States.
 After working a series of railroad jobs, he...
AndrewCarnegie: The ‘Steel King’
 After the Civil War, Carnegie saw the potential in the iron
industry and resigned from ...
AndrewCarnegie: The ‘Steel King’
 By 1900, Carnegie Steel produced more steel than all
of England.
AndrewCarnegie: The ‘Steel King’
 In 1900, other titan of industry J.P. Morgan entered
a battle with Carnegie. In short, ...
John D.Rockefeller:The‘Oil Baron’
January 29, 1874 – May 11, 1960
JohnD. Rockefeller:The ‘OilBaron’
 In 1870, Rockefeller started his first oil refinery near
Cleveland and incorporated the
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Titans of industry

  1. 1. M C K E N Z I E H I T C H C O C K Titans of Industry
  2. 2. Titans of Industry Andrew Carnegie John D. Rockefeller Leland StanfordJP Morgan “Banker’s Banker” “Steel King” “Oil Baron” One of the “Big Four”
  3. 3. A P R I L 1 7 , 1 8 3 7 - M A R C H 3 1 , 1 9 1 3 JP Morgan:The ‘Banker’sBanker’
  4. 4. JP Morgan: The ‘Banker’s Banker’  He made his money by a very deal during the civil war  He bought five thousand riffles at $3.50 a piece and then sold them to a general in the field for $22 .  They were defective and would shoot off the thumbs of the soldiers using them  A judge noted this problem in an obscure report, but the deal was upheld as legal. ● JP Morgan was also one of the people who could afford to send in a substitute for the Civil War. He paid the full $300 without blinking an eye.
  5. 5. JP Morgan: The ‘Banker’s Banker”  Morgan began his actual career as an accountant in 1857.  He worked for several other firms in New York. In 1871, he was added as a partner in Drexel, Morgan and Company.  However, in 1895, the company became known as JP Morgan and Company ● He was described as “Coldly rational” ●Created U.S Steel, the world’s first dollar corporation in 1901 http://3.bp.blogspot.com/-YMtYYjs0wIA/Th8SN_guC5I/AAAAAAAABcY/JWOOLzZeCJM/s1600/jp-morgan-1910.jpg
  6. 6. JP Morgan: The ‘Banker’s Banker’  In 1893, JP Morgan was the primary financer of the U.S. railroads.  By the early 1900s, Morgan was the main force behind the Trusts, controlling virtually all the basic American industries;  Now, JP Morgan and Co. is JP Morgan and Chase.
  7. 7. N O V E M B E R 2 5 , 1 8 3 5 - A U G U S T 1 1 , 1 9 1 9 AndrewCarnegie:The ‘SteelKing
  8. 8. AndrewCarnegie: The ‘Steel King’  Born in Scotland- Moved to United States.  After working a series of railroad jobs, he owned in 1889.  He was an industrialist and a philanthropist.  A philanthropist is someone who cares for the well-being of the mankind. ● Carnegie was hired as a personal telegrapher and private secretary to Thomas A. Scott (all within the Pennsylvania Railroad) ●He worked his way up the ladder and eventually passed Scott, becoming superintendant.
  9. 9. AndrewCarnegie: The ‘Steel King’  After the Civil War, Carnegie saw the potential in the iron industry and resigned from the Pennsylvania Railroad.  He then moved to Keystone Bridge Company  Which worked to replace old wooden bridges with stronger, iron ones. http://www.google.com/imgres?q=keystone+bridge+company&um=1&hl=en&sa=N&rlz=1C1CHFX_enUS446US446&biw=1366&bih=667&tbm=isch&tbnid=DnZXqL3vTQuoOM:&imgrefurl=http://jerobison.blogspot.com/2009/03/ bridge-at-montague.html&docid=WKPP- 0usdJipbM&imgurl=http://4.bp.blogspot.com/_lmvhkBcrmsY/Sb2wSg0eEJI/AAAAAAAABDg/tdnXipLFps8/s400/keystone_0076.jpg&w=388&h=400&ei=Cb2cTs77PIjo0QHyqM2XCQ&zoom=1&iact=rc&dur=390&sig=1013629299 11431838735&page=1&tbnh=136&tbnw=140&start=0&ndsp=18&ved=1t:429,r:3,s:0&tx=101&ty=58 http://www.google.com/imgres?q=keystone+bridge+company&um=1&hl=en&sa=N&rlz=1C1CHFX_enUS446US446&biw=1366&bih=667&tbm=isch&tbnid=76hRoyUOiX0TeM:&imgrefurl=http://www.workshopoftheworld.com/center_city/bridge.html&doci d=szHsNZ2w- 1s47M&imgurl=http://www.workshopoftheworld.com/center_city/bridge_files/page129_4.jpg&w=698&h=503&ei=Cb2cTs77PIjo0QHyqM2XCQ&zoom=1&iact=hc&vpx=358&vpy=117&dur=323&hovh=191&hovw=265&tx=158&ty=80&sig=10136292991143183 8735&page=1&tbnh=129&tbnw=172&start=0&ndsp=18&ved=1t:429,r:7,s:0
  10. 10. AndrewCarnegie: The ‘Steel King’  By 1900, Carnegie Steel produced more steel than all of England.
  11. 11. AndrewCarnegie: The ‘Steel King’  In 1900, other titan of industry J.P. Morgan entered a battle with Carnegie. In short, Morgan ended up buying the Carnegie Steel company from Andrew Carnegie.  This deal made Carnegie the richest man in the world. ●Before he died, he donated a lot of his money. In all, he ended up giving away .
  12. 12. John D.Rockefeller:The‘Oil Baron’ January 29, 1874 – May 11, 1960
  13. 13. JohnD. Rockefeller:The ‘OilBaron’  In 1870, Rockefeller started his first oil refinery near Cleveland and incorporated the

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