Who Was The Captain Of Industry During The Industrial...

Who Was The Captain Of Industry During The Industrial...
79194
Think about how much power that America has today, have you ever thought about who was
responsible? Many people sacrificed many things to grow America to the powerhouse that it is
today, whether it be the illegal selfish acts people used to become rich, the grown men forcing
young children into labor, or the sacrifice of turning the global environment into a future wasteland,
without them we would not be anywhere close to the success we are at today.
The Industrial revolution delivered both wonders and worries to America. Although the Industrial
Revolution turned America into the richest and most successful nation, it also brought hardships and
corruption. The outcomes of the Industrial Revolution were greatly influenced by two groups of
people: The Captains of Industry, and the Robber Barons. The Captains of Industry are the men
responsible for the success of America during the Industrial Revolution. The guys mostly
remembered for their dedication and work for America are, Andrew Carnegie, J.P. Morgan, and John
D Rockefeller. J.P Morgan was a very successful and influential man who made his money from
banking and owning many companies and stocks. He is mostly known for bailing out the National
Government and saving the country from an economic downfall. Andrew Carnegie and John D
Rockefeller could be considered on both sides of the spectrum. They made steel and oil cheap for
Americans which helped grow America, and they also gave large donations to various places
... Get more on HelpWriting.net ...

Cornelius Vanderbilt Essay
The want for wealth saturates everyone's mind at one point or another. Almost everyone dreams of
having the large mansion near the beach, the multiple cars, etc., but this money does not just come,
it either has to be inherited or earned. During the 1800s, most wealth was inherited, but there were a
few self–made men that worked their way from the bottom to the top in order to become wealthy.
One man in particular influenced wealthy men to come like Andrew Carnegie and Rockefeller. He
was able to begin many of the ideas brought about during the Gilded Age because not only was he a
major influence in society, but he greatly changed the economy and the industries he was involved
in during that time. Lastly, he modernized commerce for ... Show more content on Helpwriting.net
...
Vanderbilt was the first businessman in America to try to monopolize other businesses by creating
lower prices. This enabled him to become wealthy because the lower his prices went the more
customers he gained. Once other companies found that they could also lower their prices, it added
more competition for Vanderbilt, so he had to begin to create trusts. During the Gold Rush in
California, many people went by sea to go from the East Coast to the West Coast. At the time
Vanderbilt had the lowest prices and he was putting many other steamboat companies out of
business; so "The Steamboat Association threw in the towel and bought him out. For $100,000 and
an annual payment of $5,000 for ten years, Vanderbilt agreed to withdraw from the Hudson River
market."2 By making other steamboat companies pay him rent to stay out of the industry, he was
still becoming extremely wealthy without having to do any work. Even though Vanderbilt was
extremely wealthy, he was very cautions with his money and only spent it when he knew something
was a strong investment that would get him more powerful. During the Gold Rush, the other
steamboat industries used the Panama Canal in order to get to

Essay about Big Business In The Gilded Age
The late 19th century and early 20th century, dubbed the Gilded Age by writer Mark Twain, was a
time of great growth and change in every aspect of the United States, and even more so for big
business. It was this age that gave birth to many of the important modern business practices we take
for granted today, and those in charge of business at the time were considered revolutionaries,
whether it was for the good of the people or the good of themselves. The exact period of time in
which the Gilded Age occurred is ever–debatable, but most historians can at least agree that it
started within the 20 years after the Civil War ended and lasted until the early 1920s. (West) The
Gilded Age itself was characterized by the beginnings of ... Show more content on Helpwriting.net
...
This law forced the railroads to report to the federal government before making important decisions
like how much to charge customers. The railroad companies were outraged and used the defense
that their monopolies were almost automatically formed, but there was nothing they could do since
the law was federal. (Moritz 19–24, 28) Telegraph grids were another technological advancement of
the Gilded Age. For the first time in history, transcontinental communication was possible. People
could now find out about news from across the nation within minutes of it happening, instead of
days as it sometimes took before. Businesses took advantage of this by building plants and factories
all across the country, hiring managers for each individual outfit, and communicating among each
location with ease. (Sinclair 75) Telegraph lines were also a nurturing point for one of the most
famous business tycoons of the Gilded Age, Andrew Carnegie. (Carnegie 653) Carnegie not only got
his start as a young Irish immigrant working as a railroad telegraph operator, his first major
corporation was the Keystone Telegraph Company, in which he acquired the Pacific and Atlantic
Telegraph Company. Carnegie thought of giving up on business after having moderate success, but
on a trip to England in 1872, he met with Henry Bessemer and saw his plans for steel. (Carnegie

Characteristics Of A Robber Barons
Business tycoons were gaining a substantial amount of power in the years following the Civil War.
Industry was booming in America. With the invention of railroads, steel and oil were being
produced at exceptional rates. Men flocked to these new industries, creating some of the richest men
in the United States of America. A robber baron is classified as a person who has gained wealth by
corrupt and ruthless means. By this standard history can define a robber baron by evidence of
corruption and unjust treatment of workers and general public. The well known Industrialists at the
end of the nineteenth century can be described as robber barons due to their unscrupulous business
tactics and values.
Cornelius " Commodore" Vanderbilt is known as the man who industrialized the American railroad.
He owned and and operated a majority of railroads in the country and was one of the richest men in
America. When he past, his empire was given to his son. William H. Vanderbilt is shown in
Document 1, which is an interview with the Chicago Daily News in 1882. It shows how ruthless the
Vanderbilt empire truly is. William denounces the public for their use of the limited express, saying
that he does not care for anyone's wellbeing other than his own. William Vanderbilt speaks on how
railroads are not built for the public but instead for investors, which shows his materialistic nature.
This information is coming first hand by William Vanderbilt himself, as he speaks of his consumers
as if they

Dbq Robber Barons
When evil people do evil things, they should not deserve being the most powerful people in our
society or government. A monopoly is the exclusive possession of the supply of a good or service
and that means they have complete control of an entire industry, that just doesn't seem fair. Many
monopolists are considered robber barons and some were captains of industry, however they are all
in some way selfish, names like John Rockefeller, Andrew Carnegie and Cornelius Vanderbilt come
to mind. That is why I proposed a bill to target the railroad industry, the most corrupt monopoly of
them all, if we can stop them we can stop everyone else. The railroad industry promotes horizontal
integration, vertical integration and discriminates against smaller companies, that is why I wanted to
stop them. My first reason to pass this "commerce" act is that the railroad industry discriminates
against other companies and people. Some of us may have wondered, How are monopolies harmful?
Well, "monopolies are generally viewed as harmful because they obstruct the free competition that
determines the price and quality of products and services offered to the public," (Our Documents 1).
Those selfish snobs like Cornelius Vanderbilt, should understand what they do negatively affect
other people and that it's not right, they are ruining the american dream with their unjust ways.
Conditions for railroad workers were very bad, wages averaged a dollar per day and many workers
injured themselves on the

Laissez Faire Capitalism In The Gilded Age
Before the Gilded Age, economic growth came to a halt because of the Depression of 1873. The
depression led to the bankruptcy of many banks and railroads, and resulted in hundreds of thousands
of people out of work. The Liberal Republican party also emerged as result of the depression.
Liberal Republicans were strong advocates for laissez faire policies, where there is no government
regulation in businesses or the economy. With this ideology, liberal republicans believed that it
would help stimulate economic growth and create more jobs. While liberal republicans were
unsuccessful in getting into office, they helped push the Democratic party (who were able to get
control of the House in 1784) shift their agenda to supporting laissez faire capitalism. By 1879, The
Depression of 1873 had ended and the second Industrial Revolution began.
Laissez Faire capitalism became the dominating force of the Industrial Revolution that began during
the Gilded Age. The idea that Laissez Faire capitalism could help bring prosperity to the common
man was pushed by writer Horatio Alger, who published books that assured young readers that if
they were honest, hardworking, and had a good character, they could leave poverty behind and
succeed in the new competitive economy brought by the second industrial revolution. This idea was
also reinforced through the success of industrialists like John D. Rockefeller, Andrew Carnegie, and
Cornelius Vanderbilt, who came from humble backgrounds. Laissez Faire

Kanye West: The Rise Of Fame
While fame is not a new concept, its nature changed dramatically over the course of the 20th
century. In the past, people were famous, or infamous, for being successful – Cornelius Vanderbilt,
Ghandi, Issac Newton, and Elvis Presley. The Vanderbilt family is one of the wealthiest and most
prominent families within the United States. Cornelius Vanderbilt started off his life the same as
most people today, poor. In 1810 he was piloting a steamboat on Staten Island. He later expanded
into the steamboat business and went on to build a railroad empire worth 100 million dollars by the
end of his life. Although he was publically disappointed in his son, William Vanderbilt, by the time
of William's death he had already doubled the family fortune; which ... Show more content on
Helpwriting.net ...
The public would view their success as a form of credentials, therefore their knowledge was greatly
admired and maybe even worshipped by others. By presenting the history of fame to the conversion,
it is apparent that fame has been apart of the daily culture throughout time. Overtime, the social
media landscape changed, however so too has the importance of personality. Celebrities today are
worshipped because of their way of life and thereby allowing them to influence everyone on any
topic at any time using any social media platform. Kanye West is an American rapper, songwriter,
singer, entrepreneur, record producer, and fashion designer. He is one of the defining individuals
who transformed rap into a new era, making him a role model for not only being an outstanding
singer but also the way he lives his life and where he came from. Although, he is proficient in many
aspects of his life he doesn't possess any previous knowledge in politics, yet people listen to him as
if he is a president from another country or even an actual politician. He recently tweeted multiple
times in regards to Donald Trump, multicultural issues, and stating that slavery was a choice. Kanye

How Did Cornelius Vanderbilt Impact On America
"Law! What do I care about the law? Ain't I got power?". When Cornelius said this he meant that he
could pretty much be meant that he was so rich he could overrule the authority. Cornelius
"Commodore" Vanderbilt was one one of the first tycoons ever. Cornelius ended up being one of the
richest people in the world of his modern era. When Cornelius died, he was worth 100 million
dollars. Cornelius made a huge social impact by making the track gauge, laying train track rails all
around the USA and was one the first people to make monopolies. Cornelius "Commodore"
Vanderbilt was born on May 17, 1984, in Port Richmond, Staten Island, New York, U.S. Cornelius
quit school at 11 and started to work at a waterfront. In 1810 his parents gave him 100 ... Show more
content on Helpwriting.net ...
The track gauge is a machine that measured the distance between each railroad track. Cornelius
ordered that all the railroads would be replaced with steel instead of iron. He did this for the fact that
steel was more durable and lighter than iron. Cornelius would soon be one of the richest people ever.
Cornelius would the first person to create a monopoly. Cornelius later bought so much railroad stock
that he pretty much owned it. An impact the Commodore on our society was that he laid railroad
tracks wherever he could put them. He acquired the Hudson river railroad and the new york central
railroad in 1869. Later he got the Michigan road and Harlem railroad in 1873. Vanderbilt was then
the first person to offer rail service from New York City to Michigan. Later the commodore made
the track gauge. Cornelius was the first person to create a monopoly. A monopoly was a system
where he could control the aspects of production of certain products. Cornelius inherited one of his
traits from his mother, he spent less than what he earned then saving and investing the difference.
Cornelius lived below his means and took care of his health which helped him build his fortune.
Cornelius died as one the richest people in

The Myth Of Robber Barons
The Myth of Robber Barons discusses some of the major entrepreneurs in of the United States from
1850 to 1910. Burton Folsom also discusses these entrepreneur's key role in their fields and the
whole economy of the United States. The entrepreneurs discussed are Commodore Vanderbilt,
James J. Hill, The Scranton's Group, Charles Schwab, John D. Rockefeller, and Andrew Mellon. We
know these men as "Robber Barons," but Folsom argues that these entrepreneurs succeeded by
producing quality product and service at a competitive price. He compares so called "Robber
Barons" to the political entrepreneurs who rely heavily on government subsidy and make no
improvement. Burton Folsom divides the entrepreneurs of this era into two groups, market ... Show
more content on Helpwriting.net ...
Market entrepreneurs, by contrast, often made decisive and unpredictable contributions to American
economic development." Vanderbilt started off by carrying customers from the Elizabeth to New
York in low costs. He became famous because of his low fares and cunning personality. A
breakthrough came in Vanderbilt business when the court broke Fulton monopoly by the result of
Gibbons vs Ogden trial, which stated that only federal government could regulate interstate
commerce not the states. Vanderbilt eventually beat Fulton by lowering rates to record numbers,
earning reputation, and investing in new technology and lookout for the future. Later in the chapter,
Folsom introduces William Walker who hurt Vanderbilt business form the central America by
overthrowing the government in Nicaragua. Vanderbilt had already built a canal through Nicaragua
for his ships rather than going from Panama Canal to lower the rates. But, Walker shipped an army
to Nicaragua and made himself president and denied Vanderbilt rights to the canal, which he helped
to build. This led Vanderbilt to dabble a bit into politics and later overthrew Walker but there was no
avail because Walker's coup had already destroyed the canal. Folsom concludes the chapter by
saying, "Since Vanderbilt ended up as the richest man in America, perhaps the

Gilded Age Robber Barons Analysis
Robber Barons of The Gilded Age The Gilded Age was the period of transformation in the economy,
technology, government, and social customs of America. Robber Barons were businessmen who
used unfair tactics to help the union. The people who had jobs were struggling to the fact that they
have low pay and working condition is bad. So many people were struggling because of these low
cut pays. Also, little kids had to work but did not get paid, these kids should not have been working
since they let them work they at least should have paid them for their hard work and dedication.
Robber Barons used unfair tactics by giving poor working condition, low paychecks, and child
labor. According to a U.S. History.org article, the author reveals that ... Show more content on
Helpwriting.net ...
This shows that kids were forced to work and had no education. Some kids may have faced working
problems as much as adults do. If the kids do not have an education they would have to face
working at a place for their lifetime. As a result, this shows one of the robber baron problems that
people faced back then and kids should not be working because they should be able to have an
education. During the Gilded Age, wages were very low even though people were getting injured or
sick from their job. According to the American History textbook, Lapsansky–Werner discusses,
"When Carnegie amasses a fortune, steelworkers in his plant labored to 10–12 hours a day, six days
a week, for about 15 cents an hour."(P.69) This shows how low these workers get paid they are
being overworked by these businessmen, people should not be working for half the day and be off
one day. Also, kids were not getting money for working. The kids were working for about half the
day instead of getting an education since they are not getting paid, they are out there in the real
world working their butts off. This shows robber baron problems, these people are working so hard
and they are either getting paid low or no not at all. As a result, since people are working so hard
people should be getting paid the right amount or more depending on their jobs and if the kids don't
get money they should just let them get an education instead of being in a factory for half the day,
these kids

Cornelius Vanderbilt: Robber Baron Or Captain Of Industry?
Cornelius Vanderbilt: Robber Baron or Captain of Industry? Cornelius Vanderbilt was born with
some wealth from his father, who was a ferry owner, he made quite a bit of money from it too.
When he was younger he joined his father, watching his ways and learning them too. In Vanderbilt's
teen years, he bought his first ferry, which was the start of his big successful business life. He was
very,very smart with money, he knew how to get it but he didn't know how to use it. He grew up to
own many steamships and he became the country's largest steamship owner, then he later in life put
all of his riches towards railroads, and he had railroads all across the nation leading from place to
place, making money by the minute, because of his success in the railroad business, he became the
richest man in the nation. So in a way, Vanderbilt was a captain of industry but he was majority a
robber baron. ... Show more content on Helpwriting.net ...
Since he was a filthy rich man, he knew how to get the money, easily, whether it was making small
deals with someone or finding another rich man and making a deal with him, he knew how to get it.
Other than being smart about his money, he did not meet up to the title of a captain of industry
because he treated his workers poorly and he had them build the railroads in awful conditions,
whether is would be poorly dressed or bad weather. Also, their pay was very low. They should've
been paid more than what they got for working so hard to build the railroads for Vanderbilt, to make
him money. He was partially a captain of industry but he more so fit the picture of a robber

To What Extent Did Cornelius Vanderbilt Change America
Imagine being alone in the business world, with only $100 in your pocket. What if it was possible to
turn that $100 into 68 million dollars? Cornelius Vanderbilt did just that. With just that pocket
change Cornelius Vanderbilt became a millionaire and a largely known titan of industry. With his
unique business style he became an inspiration to many other competitors and new companies.
Vanderbilt allowed for other people to build up their own success, introduced a new business style,
and even allowed for new inventions that helped change America. Cornelius Vanderbilt truly is The
Commodore. First, Vanderbilt allowed for the other titans to begin their industries. Since Vanderbilt
had control of 40% of the railroads, he had control of shipping almost all products being made at
that time. Without Vanderbilt's railroads, no goods would get to the families and businesses of
America. Also, the stopping of shipment wouldn't allow Standard Oil or Carnegie Steel to become
the popular and wealthy companies they ended up. Vanderbilt also made arrangements and deals
with Rockefeller. Although that deal did not work in Vanderbilts favor, it did give give Rockefeller a
headstart in the business world. ... Show more content on Helpwriting.net ...
When Vanderbilt saw that the railroad business was growing, he made an immense decision.
Vanderbilt sold every one of his ships and invested in railroads. Thankfully, his risky behavior
worked in his behalf. That, though, was not the only dicey decision that Vanderbilt made, he also did
things such as, closing down the Albany bridge and creating monopolies. These strategies made the
Grand Control Station the largest train station in the world. Biography.com states, "Vanderbilt soon
became known for his sharp business acumen". Years later, other business titans also used
Vanderbilts tactics such as monopolies and treacherous choices to grow their own

The Key Strategic Decisions Of Cornelius Vanderbilt
The key strategic decisions of Cornelius Vanderbilt was to assemble a plan that will benefit him and
at the same time, make his competitor kneel into submission. Because of his growing railroad
company, he also able produce thousands of job making the commercial economy flourish
unimaginably. He focuses in a new thriving industry to keep up in the extreme competition. While
his strategic mistakes are buying all the stocks in order to have control of everything and was
outsmarted.
John D. Rockefeller's strategic decision to deal with Vanderbilt was both a chance and opportunity
for him to introduce his product and catch the attention of his prospects. He thought of better ways
how to make money without wasting too much resources. Moreover, he wants to find the use of a
newly discovered product that has been thrown away by the oil refinery, known as gasoline. He
decided to buy a land full of iron ore deposit to defeat his rival at his ... Show more content on
Helpwriting.net ...
Rockefeller, Andrew Carnegie and J. P. Morgan is that you can't always get what you want. You
won't always win some battles and you have to accept it. You will commit mistakes and it's okay, as
long as you learned from them. To not be greedy because wanting too much would not get you any
better. To know and understand people because you have to be careful to choose whom you can
trust. You have to make use of your strengths and try to develop your weaknesses because your
competitors will always try to blow you at your weakest point. Being an Entrepreneur, failure is not
always an option. The most successful people had an idea, believed it, build it and made it because
they took the risks and never gave up. That in every uncertainty, there is an opportunity. You have to
look for improvements, make your product even better or else, someone else will do it. The industry
is a tough competition so you have to be smart in making decisions and solutions to your

Cornelius Vanderbilt's Robber Baron
Cornelius Vanderbilt was a steamship tycoon with a large fleet; who was known as the Commodore,
during that time in history the highest rank in our nation's navy was a Commodore. Vanderbilt
wanted the Pacific Company to pay him a toll on all business done in America with California.
Cornelius was one of the first men who dominated in the America's Industrial Revolution, the term
"Robber Baron" was coined toward Vanderbilt; who was known to monopolize competitors and the
economic market of the day. This was the beginning of large enterprises emerging, big business that
would reshape our nation, culture and our nation's politics. Many men would follow Vanderbilt's
footsteps to be praised as captains of industry that would invent giant corporations;

The Characteristics Of Impactful Leadership In Jackson Vs....
1. E. Bronson Ingram was known for his strong leadership in both the business world and through
his philanthropic efforts. Describe which leadership characteristics you believe to be essential for
creating greater opportunities at the intersection of entrepreneurship and high impact philanthropy.
Andrew Carnegie once claimed that "No man becomes rich unless he enriches others." Carnegie,
alongside other captains of industry, such as Cornelius Vanderbilt, pioneered the pairing of
entrepreneurship and philanthropy, through inspiring leadership. He witnessed the poverty and
destitution of the time and led both the business and philanthropic communities, alike, in the effort
to better society. He was an entrepreneurial and philanthropic leader due to his commitment to his
vision and his continual recognition of the potential he had to thwart society's injustice and
misdeeds. Consequently, with an undying commitment to one's endeavors, as well as constant
recognition of what one can do in order to combat the wrongs of the world, true, impactful
leadership can form at the intersection of philanthropy and entrepreneurship.
Without commitment, no vision can come to fruition. Great tasks require great dedication.
Especially when balancing both entrepreneurship and philanthropy, commitment is integral to every
endeavor. For example, without Steve Job's commitment to becoming a revolutionary innovator, the
devices we hold in our hands everyday would be nonexistent, as would be his charitable and
humanitarian efforts. However, with ardent fervor he thrived in entrepreneurship, founding the
world's most well–known tech company, and, subsequently, philanthropy, donating many of the
funds that he raised to noble causes. Dedication was his key to success, putting his whole heart in
every task that he undertook. Thus, in order to maximize the opportunities at the crossroads of
philanthropy and entrepreneurship, this undying pursuance is necessary for successful leaders.
Furthermore, recognition of one's abilities to affect positive change is intrinsic to leading any
mission. The ability to perceive, beyond oneself, is the key to locating and targeting a problem with
success. For entrepreneurship and philanthropy to thrive

Analysis Of The Myth Of Robber Barons
Throughout American industrialization, large industries were run by some of the richest men in
history. These men got the nickname "robber barons" due to their creation of large monopolies by
making questionable business and government activities, and by taking advantage of their workers
to succeed. But in The Myth of the Robber Barons by Burton W. Folsom, he argues against these
claims, and he takes a deeper look into some of America's richest and most successful men. By
specifically looking at Cornelius Vanderbilt, John D. Rockefeller, James J. Hill, the Scranton family
and many more, Folsom believed that these so–called robber barons were actually entrepreneurs
with a drive to succeed, leading to an improvement in American lives.
In his ... Show more content on Helpwriting.net ...
The government also enacted the Hepburn Act, which made shipping internationally difficult on the
railroad. Despite the fact that government grants led to incompetent railroads, the Interstate
Commerce Commission and Hepburn Act were put into place, which made it so Hill "could not
offer rate discounts on exports traveling on the Great Northern en route to the Orient" which was
helping improve the economy with increased trade. Hill and other market entrepreneurs were not
corrupt or unfair when choosing to not have subsides, but rather the political entrepreneurs were
corrupt and insolvent. Also, Folsom argues that John D. Rockefeller was negatively impacted by
government intervention. The Sherman Act was intended "to prevent monopolies and those
companies 'in restraint of trade'. Yet Standard Oil had no monopoly and certainly was not restraining
trade" . Rockefeller's goal was not to create a monopoly but in order to keep his business succeeding
he needed directors in each state. By enacting the Sherman Act, Rockefeller's company struggled,
due to competition rising. These laws essentially stopped the growth of successful businesses, such
as Hill and Rockefeller, who became so successful due to no government intervention.
Many saw robber barons as deceitful, but this is actually not the case. Within The Myth of Robber
Barons,

Industrialization Impact
Industrialization
Industrialization had many different impacts in American history. One of the impacts that
industrialization had was increasing wealth in the U.S. Many business managers, and
investors/entrepunuer took financial risks of starting factories and they earned many rewards. By
factory's, the overall amount of goods and services started increasing, because of the fact that
factory's can produce goods much faster than a human. However men were still needed to operate
the machines, and there were job opportunities. This led to the increase of population in the United
States. Many immigrants traveled to the u.s to escape the harsh life's they have been living, they
thought these job opprutinitys were a way to start a new life, a new beginning, this is why
industrialization also increased population in the U.S. American ingenuity and also was on the rise
and people thought of many new inventions to make life easier. There was also an abundance of
resources so they did not need to worry about resources for their inventions.
There were many major inventions, however the Bessemer process was the first inexpensive
industrial process to mass produce steel from iron. It inspired and sparked the industrial revolution,
it was a big scale project. The Bessemer process worked by taking out impurities from pig iron
using as an air blast. Andrew Carnegie's time was dedicated to the steel industry. His business,
Carnegie Steel Company, revolutionized steel production in the

The Biltmore Estate: The Largest Home in America Essay
The Biltmore Estate is located in Asheville, North Carolina. It is the largest privately owned home in
the United States. It was privately owned by George Washington Vanderbilt and his family. The
house was designed by Richard Morris Hunt. Frederick Law Olmsted designed the landscape. The
Biltmore Estate had a major role in the development of the creative architecture of the era and is
well known for being America's largest home. The Biltmore Estate was built from 1889 and 1895. It
cost about $10,000,000 to build. The Biltmore Estate was built on 125,000 acres of land. It had a
total of 250 rooms. Included in these rooms is a swimming pool and a bowling alley. In the Biltmore
Estate, there are 35 bedrooms, 43 bathrooms, and 65 ... Show more content on Helpwriting.net ...
After Hunt died in July 31, 1895, his son continued his work on the Biltmore Estate, even though it
was essentially finished. The center of the Biltmore Village was the All Souls Episcopal Cathedral.
This was one of Hunt's favorite, but least known works. Today, full–height portraits of Richard
Morris Hunt and Frederick Law Olmsted, the great designers, hang in the Biltmore.
The Biltmore Estate had a major role in the development of the creative architecture of the era. The
Biltmore had features and materials that were new and of the best quality of the time period. Some
of the things in the house that were unique at the time were electric lighting, telephones, and an
elevator. The stone used in the construction of the Biltmore was very popular and expensive at the
time. It was mined in Indiana. Since the Biltmore included such new amenities, the house was
considered a luxury.
Since it is one of the largest privately owned house in the U.S., it attracts a lot of tourists. About one
million tourist visit this house each year. Before a railroad was built near the city in 1880, Asheville
was relatively quiet . After the railroad was built, tourists began visiting the city. Of these tourist was
George Washington Vanderbilt. He was visiting the city with his mother to find aid for her chronic
malaria. At that time, Asheville was known to have a "healing environment" due to its altitude and
climate.
Though Vanderbilt's original sketch

The Gilded Age : Robber Barons And Captain Of Industry
Andrew Carnegie, John D. Rockefeller, Cornelius Vanderbilt, and J.P. Morgan all have something in
common they're well known for being wealthy businessmen in the late 19th century. Robber Barons
and Captain of Industry are mostly known from the Gilded Age. Mark Twain called the late 19th
century the "Gilded Age" because he was referring to this period being glittering on the surface but
corrupt underneath (Overview of the Gilded Age, Digital History). Most of the businessmen during
this day in time just wanted to help themselves and their businesses, which you could compare to
today. However, these historical figures established a foundation for industrial advances, business
development and technological advances in America today.
The term "Robber Baron" describes a business owner who obtained their wealth based on unfair
practices (Overview of the Gilded Age, Digital History). During this time immigrants were coming
overseas needing jobs to support their families. The business owners took notice of this and took it
as an opportunity to make money by paying the immigrants low wages but working them
excruciatingly long hours. By doing this, businesses began to increase their income because they
weren't obligated to pay laborers. Thanks to the businessmen of the Gilded Age who treated their
companies and laborers unfairly, there are now laws and regulations as to how many hours a person
can work in a week. Another positive that came out of these historical figures is, we now

George Washington Vanderbilt: Frederick La Biltmore House
In the mid–1800s, George Washington Vanderbilt, grandson of the famous "Commodore" Cornelius
Vanderbilt , visited Asheville, North Carolina to enjoy the mountain views and mild climate. On one
of his frequent rides through the hills, he came upon a spot which provided one of the most beautiful
views in the area. Mr. Vanderbilt chose this spot as the site on which to build the finest country
home in America. He continued to add land to this original purchase until his Estate consisted of
125,000 acres, including Mount Pisgah. Mr. Vanderbilt commissioned two of America's most
renowned designers to assist him in planning an ideal estate.
Richard Morris Hunt, the first American to receive an architectural degree from the Ecole des Beaux
Arts in Paris, was called on to design the House. He and Mr. Vanderbilt decided to build in the style
of a 16th century French chateau.
Frederick ... Show more content on Helpwriting.net ...
and Mrs. Vanderbilt and their only child, Cornelia. Biltmore not only housed the Vanderbilts but a
staff and guests. Many of these guests were famous, and were serviced by the large staff. "A large
staff attended to the Vanderbilts, including domestic servants and stable hands; the family was
known as kind and generous employers. Besides paying good wages and providing comfortable
living quarters, they held a Christmas Party each year as a special measure of thanks, decorating an
enormous tree with gifts for employees and their children." "There were anywhere from 30–35
servants employed at Biltmore House" depending upon the season, and if the family was in
residence. There were many benefits set up by the Vanderbilts that helped many families in the
former town of Best, and in Asheville North Carolina. In 1903, "Mrs. Vanderbilt set up the school
for Domestic Science, which trained young women in cooking, cleaning, and other housekeeping
skills." Servants served their guests using the call boxes, and dumb

Captain Of Industry Dbq
Robber Barons or Caption of Industry
During the 19th Century, businessmen creating large businesses titled "Captain of Industry", Captain
of Industry is a phrase that is sometimes used to describe business people who are especially
successful and powerful. Yet were also titles "Robber Baron" meaning some were wealthy people
who tries to get land, businesses, or more money in a way that is dishonest or wrong.
Captain of Industry are those who made a positive contribution to the nation by expanding markets
and increasing trade providing more jobs and increasing productivity. Some put their wealth to
improve the lives of others with generous donations to their community. For example in Wealth and
its Users by Andrew Carnegie, millionaires can be titled "Captain of Industry" because "They are the
bees that make the most honey, and contribute most to the hive even after they have gorged
themselves full." Meaning they bring more money to their community to expand markets, and
provide jobs. So businessmen titled "Captain of Industry" are the reason why communities have
many businesses and many people with jobs. ... Show more content on Helpwriting.net ...
For instants the image "P.U.C.K" on Document A, is showing the 4 top businessmen who use others
to get themselves wealthy. They were mostly cruel and ruthless businessmen who would stop at
nothing to achieve great wealth. "Worker were treated badly by management. Workers were often
forbidden to strike, paid very low wages, and forced to work very long hours" ("Captain of Industry"
or "Robber Baron" Document). The housing for working class were filled and crowed. "The
numbers of millionaires increased from 300 to 4,000. Yet, working families were forced to rely on
two, three, and sometimes more, incomes to make ends

The Pros And Cons Of Philanthropy In American Society
The gilded age was a period where great industrial growth shrouded out the financial and political
corruption it also brought forth. During this era, the largely agricultural economy, in which farmers
were the source of most products, transformed into an industrial economy, where those farmers were
replaced by factories. The labor leaders of this era were cheered for their efforts, but they were also
criticized for their methods. Because of these positives and negatives, the public had very mixed
views on them. They often came from humble origins, and along their road to wealth used methods
that were inhumane, such as driving competitors out of business, and caring little for their
employees. Modern corporations are thought to have initiated with railroads, as they had so many
employees that middle management was needed. The rails also spanned over the country, and the
businesses in their entirety were so large that they didn't have enough money for tracks and stations.
To gain this money, ... Show more content on Helpwriting.net ...
Where do we draw the line between unscrupulous business practices and practices that lead to
innovation, investment, and improvement? Philanthropy; a philanthropist is someone who seeks to
promote the welfare of others, especially by the generous donation of money to good causes. Some
would argue that the leading businessmen were philanthropists; others would say otherwise.
Captains of industry were business giants who, despite some shady dealings, helped usher in the
modern economy, and were praised for their acts for humanity. They made life in America better
with their creative visions and innovations. Some examples of captains of industry were Andrew
Carnegie, who gave away $381 million to promote the common good, and John D. Rockefeller, who
gave away $500 million. Andrew Carnegie thrived and

Cornelius Vanderbilt Symbolism
Cornelius Vanderbilt is a name that people in American society associate with success, wealth, and
prestige. Although the name may not be easily recognized by the average American citizen,
Cornelius Vanderbilt is a name that symbolizes greatness to the American elite, members of
academia, and aspiring businessmen who wish to someday build an business empire. The fact that
he is still well esteemed amongst a smaller group of elite members in society allows him to be
considered iconic. Cornelius Vanderbilt became the face of the American Dream through his
aggressive business efforts, became a symbol of American values by having a lasting economic and
historical impact, and defined what American royalty is. Cornelius Vanderbilt and the empire that he
built has had an influential impact on how many Americans see their country and the opportunities
within their reach. When people think of the American dream, what comes to mind is the ability to
become successful and prosperous despite one's social status. Vanderbilt followed this ideal
perfectly and became an example of what one can achieve when they have the American Dream.
Cornelius Vanderbilt was born into a humble beginning on May 27th in 1794. He was not raised in a
wealthy household rather he was born into a blue collar family in Staten Island, New York. He
attended school briefly and worked with his father ferrying produce and transporting cargo
throughout the harbor. Despite his circumstances, Vanderbilt

Creative Story : A Short Story
The wind whipped Blair's honey blond hair around her face, the ends getting suck in her rouge (3).
She pulled her charcoal grey coat tighter to her and she walked with stifling confidence. Head hung
low and rosy cheeks no one would know she was a Vanderbilt. As Blair pressed the buttons to the
com of the glamorous home of William Henry Vanderbilt III, a tycoon to the Vanderbilt family line,
she repeated the words that she would say to her father when she got into the home. Over and over
again she said, "I know you think it's my responsibility, but I cannot commit to a life of oppression".
The gilded gates to the mansion opened as the security system of the house recognized Blair's
personalized code to get into the home. Before Blair reached the massive fifteen foot doors (8) to
her house they opened, greeted at the door by the head butler James. He nodded at her and she did
what she always had done, she flashed him a small smile and the nod of her hand. She had always
witnessed her mother not acknowledging the plethora of servants and butlers that catered their
home. She remained polite and considerate to them as an act of defiance. As Blair turned into the
sitting room where she knew her mother and father would be they immediately stood up. Her
mother wore a long black dress with a black coat that was adorned in dark brown Sable fur (7). The
pearls of her mother's earing clicked together in harmony with her heels as Emily O'Neill David
Vanderbilt walked over to her

Cornelius Vanderbilt's Journey To The American Dream
Cornelius Vanderbilt Cornelius Vanderbilt, steamship owner, railroad builder, executive, financier,
and promoter. Son of a ferryman and farmer born May 27, 1794 to January 4, 1877 at Port
Richmond, Staten Island, New York, Cornelius Vanderbilt, received little formal schooling but was a
very smart boy. He dropped out of school because of being from a poor family so he had to help
make ends meet (history, 2015). As usual for common people at that time to drop out and work at
the age of 11, Vanderbilt did just that. Cornelius started transporting people and cargo at the age of
16 around the New York harbor at .18 cent per trip (history, 2015). He borrowed his for $100 dollars
from his parents to purchase his very first boat, with the understanding

Who Is Vanderbilt A Hero Or A Villain
Subsidies and Steamboats: the Positive and the Negative Vanderbilt: Hero or Villain? Cornelius
Vanderbilt was an entrepreneur who attempted to break monopolies in the steamboat industry.
Vanderbilt tried to run those who used government subsidies out of business by charging less and
providing better service. However, from other perspectives, his methods were immoral. Because of
this, the question of whether Vanderbilt was a hero or a villain arose. Even so, it can be seen that
Vanderbilt helped the economy of the steamship industry. Vanderbilt used different methods that
gave his business more customers. He experimented with technology that was not traditionally used,
like his use of the beam engine. This proved to give more speed than the

Cornelius Vanderbilt: One Of The Greatest Men Who Built...
In Staten Island, New York, on the 27th of May, one of the greatest men who built America was
born. Cornelius Vanderbilt. Before the he was a multimillionaire, Vanderbilt worker with his father.
His father ran a boat that moved cargo between Staten Island and Manhattan. Later, he became a
steamship captain. In the late 1820s, he went into the business and became one of the largest
steamship operators. During this he was nicknamed the "Commodore." His eye moved from
steamships to railroads, in the 1860s. Vanderbilt obtained many railroads and made in interregional
railroad system. At the age of 82, on January 4, 1877, Cornelius Vanderbilt died. More the $100
million was left to his son, William. Cornelius Vanderbilt, was one of the major men

Shipping And Railroad Tycoon Cornelius Vanderbilt: Robber...
"Shipping and railroad tycoon Cornelius Vanderbilt (1794–1877) was a self–made multi–millionaire
who became one of the wealthiest Americans of the 19th century." Cornelius Vanderbilt was born
and raised in Staten Island, New York. He had taken the steamship and railroad industry by storm
transitioning into a much more modernized time and era making transportation much more efficient.
He was a man of boundless energy, and his critical business sense enabled him to out maneuver and
beat his many other rivals and competitors. From the knowledge I have gained about Cornelius
Vanderbilt I have concluded that he was a true robber bar baron. "Early on, he established a
reputation as a man who was tough yet honest and capable. Boatmen

Cornelius Vanderbilt is one of the five tycoons of...
Cornelius Vanderbilt is one of the five tycoons of America. He was able to use both wit and his
entrepreneurial skills in order to create a very successful career and legacy. Starting off from the
very beginning, young Vanderbilt was able to start his own business. At the age of sixteen,
Vanderbilt decided to start his own ferry service with the loan he received by working through his
Mother. With the one hundred he was able to obtain, by clearing and planting eight–acre field,
Vanderbilt purchased two small vessels and carried freight and passengers from Manhattan to Staten
Island. By being able to utilize his own earnings in order to start up a business for a chance to make
an even more of a profit, Vanderbilt was in a road to become a ... Show more content on
Helpwriting.net ...
As for Gibbons and Vanderbilt, the two lowered their rates, applied services, and also tried out new
technologies which all help lead them to become hugely profitable. And in 1829, Vanderbilt left
Gibbons to increase his own business.
Vanderbilt created his own steamship company. With a fleet of boats and a budget of $30,000 or
roughly $775,000 today, Vanderbilt successfully established a company along the Hudson River. He
used his usual tactic, reduced fare prices, to stir away any competitors. He then expanded between
New York and New England and Long Island. What helped his business to flourish was through
customer's loyalty. Because Vanderbilt was known to have reliable, safe and cheap steamboats,
Cornelius Vanderbilt's company skyrocketed. In 1830, Vanderbilt entered the Hudson River market
and competed against Steamboat Association. Due to Vanderbilt's success, Steamboat Association
purchased his Hudson River company for $150,000 in total. Because of the success he had,
Vanderbilt went to Long Island for another round. His business tactic and customer loyalty served
him in the right way.
The Gold Rush, where many go to California in hopes for gold, allowed Vanderbilt to begin an
ocean–going service, between West Coast and Central America. At the time, Clipper ship was
predominantly the best type of transportation. However

James Dickey All American Poet Essay
James Dickey All American Poet James Dickey was an American Poet whose life has been very
diverse, and in his poetry that diversity is shown. He has a lifestyle that most poets do not get to
experience. He has lived in many states and countries. That gives me the reason to think that his
poetry resembles this life's diversity.
James Lafayette Dickey, III was born in the town of Atlanta, Georgia on February 2, 1923. His
parents were Maibelle and Eugene Dickey. He went to Ed S. Cook Elementary School and North
Fulton High School as a kid, both of which are in Atlanta. He was athletic as a child. He played
football and track, but his football career led him to a scholarship at the University of Clemson, in
Clemson, South ... Show more content on Helpwriting.net ...
Not liking this job, he left it after only five years. He soon received another fellowship (Guggenheim
Fellowship) which took him and his family to Europe. After returning from this fellowship he
became Poet–in–Residence at Reed College in Portland, Oregon. He stayed there for only a year,
when he then becomes Poet–in–Residence at San Fernando Valley State College, in Northbridge,
California. He returned to teaching in 1965 at University of Wisconsin, in Milwaukee. He only
taught there for a year because he becomes Poet–in–Residence at the University of Wisconsin,
Madison. He received a high honor that only a few poets get when he becomes Consultant in Poetry
at the Library of Congress or Poet Laurate until 1968. He was then named Poet–in–Residence and
First Carolina Professor of English, at the University of South Carolina, Columbia. He was then
given the honor of the induction into the 50–member American Academy and Institute of Arts and
Letters on May 18th, 1988. He was assigned Chair #15, previously occupied by novelist John
Steinbeck. In 1994 he was hospitalized with jaundice (yellowish pigmentation of the skin, tissues,
and body fluids caused by the deposition of bile pigments). In 1996 he was afflicted with fibrosis of
the lungs. In 1997 he taught his last class at USC January 14. He then died January 19, 1997. In his
lifetime he had received 9 awards, and has received many honors ranging from graduating Magna
Cum Laude at Vanderbilt

Who Is Cornelius Vanderbilt's Business
As a young boy, Cornelius Vanderbilt worked on ferries in New York City, quitting school at age 11.
By age 16, he was operating his own business, ferrying freight and passengers. On December 19,
1813, Cornelius Vanderbilt married his cousin and neighbour, Sophia Johnson (1795–1868),
daughter of his mother's sister. He and his wife had thirteen children one of which, a boy, died
young. By 1830, Vanderbilt's business had expanded to the Hudson River. Soon he controlled
coastal trade along the entire coast of New England. During the California Gold Rush, he ran a
steamship line from New York to California via Nicaragua. In the early 1860s, Vanderbilt started
withdrawing capital from steamships and investing in railroads. He acquired the New

The men who built America is a series that portrays the...
The men who built America is a series that portrays the life some of the richest men in America's
history. It not only tells their story on how they got rich, but it goes into details about each and every
part. Those details range from small things like childhood to larger ideas like how these people
shaped the country we live in today. It starts out just a few days after the civil, stating that our
country was divided into two halves. Despite that division the country was in an age of
advancement. The people of these times are supposed to be the ones who built our nation's culture.
That is when Cornelius Vanderbilt's life came into this movie. Vanderbilt was a tough guy who was
always in fights and had a love for winning. Vanderbilt ... Show more content on Helpwriting.net ...
Vanderbilt bought all of the company's stock at such low prices, and he then owned the largest
railroad in America. He started to run railroads all throughout the nation, and he allowed the
economy to boom. After the expansion he began to show his power to the world by building the
Grand Central Depot. The Grand Central Depot was the biggest train station in the United States,
but that was not enough. Vanderbilt wanted more; he wanted to own the entire railroad. The first
step to that would be to by the railroad to Chicago or the "Erie" line. To do so he instructed his
agents to buy as much stock as possible to gain ownership of this line. Jay Gould and Tim Fisk then
noticed what Vanderbilt was doing and diluted the stock, so as Vanderbilt bought stock he would not
gain much ownership. As a result, Vanderbilt spent 7 million dollars and had nothing to show for it.
That defeat humiliated him and made him vow to never get beat again. Vanderbilt began to look for
a new way to win, and saw oil as the key component to winning. He knew oil was in high demand,
so if he could transport it he would have instant profits. To get that oil he found a business man and
oil refiner in Cleveland, Ohio. He met with John Rockefeller and they made an agreement to move
the oil. The only problem was the Rockefeller made an agreement that he could not make.
Rockefeller knew that he would somehow get the job done,

The Myth Of Robber Barons By Burton W. Folsom
Aishwarya Nandini
Jonathan M. Steplyk
HIST 1312–012
19 October 2017
Book Review: The Myth of the Robber Barons by Burton W. Folsom
The Myth of Robber Barons is a short, but excellent book that talks about the entrepreneurs of early
America. It argues against the misconception that the successful businessmen of the 19th century,
often called the "robber barons", amassed a big fortune by robbing the general public, whereas, they
became wealthy because they offered good quality products and services at low prices which in turn
attracted so many Americans to do business with them.
According to Folsom, there are two different kinds of entrepreneurs, market entrepreneurs and
political entrepreneurs. Political entrepreneurs were the ones who ... Show more content on
Helpwriting.net ...
Unfortunately for them, Cornelius Vanderbilt, a market entrepreneur, defeated Fulton, Collins and
Cunard. Vanderbilt defeated the Fulton NY/NJ steamship–transport monopoly by offering lower
rates, earning a reputation for his punctuality, investing in faster and larger ships and providing
additional services such as concessions. Apart from this, Folsom claims that market entrepreneurs
should not be labeled as robber barons at all. He believes that market entrepreneurs were behind the
actual growth of America. Unlike political entrepreneurs, they made sound products and took little
or no aid from the government. Market entrepreneurs were known as risk–takers and charitable
people. Many of them donated money to the needy, built libraries, gave land to farmers and let
people go on ships for free or they had a cheaper fare. A few of the most charitable market
entrepreneurs were Andrew Carnegie James J. Hill, Cornelius Vanderbilt and John D. Rockefeller.
In the later chapters Folsom talks more about these great entrepreneurs. The second chapter of the
book talks about the transcontinental railway tycoon, James J. Hill. Hill built the Great Northern
without any government aid while remaining highly profitable and efficient. Hill, unlike others,
meticulously planned his railways and mapped out the best routes using the least amount of rail
possible, while his competitors went for expensive, subsidy draining scenic routes. Folsom proves
by using efficiency, price

The Gilded Age And The Second Industrial Revolution
The Gilded Age is known as the Second Industrial Revolution because of the major increase in
factories and production (Foner 593). During this time the United States controlled more than a third
of the world's industrial output. This led to approximately 11 million people moving from the rural
areas to the city, and another 25 million immigrants moving into America (Foner, 596). Because of
the increase in population, freedom and safety were harder to maintain. Freedom was hard for
everyone who was not a wealthy, white male. This was proven when the Indians of the Gilded Age
were fighting for their freedom. One major occurrence was the famous saying from Chief Joseph,
"Let me be a free man". Chief Joseph was the leader of the Nez Perce (Foner, 615). He wanted to
confront an issue that not only his tribe but also other tribes were struggling with, which was being
confined to reservation life (Foner, 615). This was the U.S.'s first example of a strike. Many more
strikes occurred in the progressive–era when women were battling gender roles and individuality.
Women established "feminism", which was a gender liberation of females during the progressive–
era (Foner, 703). Another major idea of freedom was presented in the workplace called "The Miner's
Freedom" (Foner, 607). It was established in the Gilded Age for worker's economic independence
(Foner, 607). "The Miner's Freedom" was for the trustworthy, skilled workers who did not have to
have managerial supervision at all times (Foner, 607, 610). In the progressive–era, there was
Fordism. Fordism was a step towards mass production, which fueled the economic system by having
more of the same products for the consumers (Foner, 693). Freedom was hard to maintain because
of political corruption and the mishandling of the economy. Overall, the bourgeois dominated the
proletariat. Andrew Carnegie, John D. Rockefeller, and William Vanderbilt are three examples of
political figures. Carnegie had steel company, in which he was in control of every aspect from raw
materials to manufacturing, distribution, and transportation (Foner, 599). Rockefeller bought out all
of the competing oil companies and controlled every facet of them as well (Foner, 599). Vanderbilt
controlled

Essay Robber Barons in America
Robber Barons in America What is a robber baron? Webster's New Dictionary defines it as an
American capitalist of the late 19th century who became wealthy through exploitation (As of natural
resources, governmental influence, or low wage scales) or a person who satisfies himself by
depriving another. In America we had a lot of these kind of people. For this report I am going to tell
you about the ones that I found most interesting to me. I would first like to tell you about Cornelius
Vanderbilt.
Cornelius Vanderbilt was born in Port Richmond on Staten Island, N. Y. in 1794. Cornelius at the
age of 16 had already stepped into the busniess world and he didn't even know it. At 16 he entered
into the steamboat business when he ... Show more content on Helpwriting.net ...
At the mere age of 16 he went to work for a firm of farm–produce shippers. A couple of years later,
he went into that business for himself. In 1862, he went into business with Samuel Andrews, the
inventor of an inexpensive process for the refinement of crude petroleum. By 1870 the company had
been superseded then in 1870 Rockefeller and his brother William and several associates took over
the business. By the 1880's the company was one of the largest and richest manufacturing concerns
in the world. Rockefeller main concern wasn't always business he married Laura Celestia Spelman
in 1864. They had three daughters Bessie, Edith, and Alta and one son John D. Rockefeller, Jr. In
1862 Rockefeller formed the Standard Oil Trust. This, the first corporate trust, was declared an
illegal monopoly and ordered dissolved by the Ohio Supreme Court in 1892. Rockefeller retired as
president in 1911. Also in 1911 the company was broken into separate corporations by an antitrust
decision of the U.S. Supreme Court. At the peak of Rockefeller's personal fortune was estimated at
almost 1 billion dollars. Rockefeller founded the University of Chicago in 1892. Rockefeller died at
the age of 97 on May 23, 1937, in Ormond, Florida. He was buried in Lake View Cemetery,
Cleveland, Ohio.
When you hear the word "Ford" more often then not people are going to think of automobiles. This
is not surprising because a man gave

Robber Barons In The 19th Century
In the 1870s the term began to be used to describe business tycoons, and the usage persisted
throughout the rest of the 19th century. The late 1800s and the first decade of the 20th century is
sometimes referred to as an age of robber barons. "Like those old German barons who, from their
eyries along the Rhine, swooped down upon the commerce of the noble river and wrung tribute
from every passenger that floated by," Raymond wrote, "Mr. Cornelius Vanderbilt . . . has insisted
that the Pacific Company should pay him toll, taken of all America that had business with
California." Railroad builders in particular, needing political influence to build their railways,
became adept at influencing politicians through the use of lobbyists, or in some ... Show more
content on Helpwriting.net ...
He learned everything he could about the new Bessemer process, and with that knowledge he
became determined to focus on the steel industry in America. Carnegie's timing was perfect. As
America industrialized, putting up factories, new buildings, and bridges, he would be situated to
produce and sell the steel the country needed. In 1870 Carnegie started out in the steel business.
Using his own money, he built a blast furnace. In 1873 he created a company to make steel rails
using the Bessemer process. Though the country was in an economic depression for much of the
1870s, Carnegie prospered. A very tough businessman, Carnegie undercut competitors, and was able
to expand his business to the point where he could dictate prices. He kept reinvesting in his own
company, and never sold stock to the public. He could control every facet of the business, and he did
it with a fanatical eye for detail. In the 1880s Carnegie bought out Henry Clay Frick's company,
which owned coal fields as well as a large steel mill in Homestead, Pennsylvania. Frick and
Carnegie became partners. As Carnegie began to spend half of every year at an estate in Scotland,
Frick stayed in Pittsburgh, running the day to day operations of the

The Social Impacts Of The Gilded Age
The rapid growth of the economy in the United States the Gilded Age generated a lot of wealth. The
growth of the railroads, telegraph and later telephone lines stretching across the country created new
opportunities for entrepreneurs and the people looking for work; and gave cheaper goods to
consumers.
The Gilded Age was a term used in the 1920s and 1930s derived from Mark Twain's novel of the
same name, which mocked an era of serious social problems. Mark Twain and Charles Darwin saw
the corruption in the politics, the ineffectiveness of the politicians, the frenzy in the marketplace and
the widespread greed among the people. The society showed a huge difference in regard to who had
something and who didn't. Most of the poor and lower middle–class ... Show more content on
Helpwriting.net ...
Because with growth in the economy comes the growth in income inequality. But this doesn't
necessarily mean that there is a huge inequality in the concept of consumption in our society. Over
time, the consumption among the less fortunate has become similar to that of the wealthier in some
ways. There are now new technologies and knock–off fashions that spread down the price scale too
fast to distinguish the rich from the aspiring for long. There are also more available in regard to
leisure activities for both the poor and the wealthy that are quite similar that makes the inequality a
lot narrower. For example, if you would like to watch a movie, the wealthy can go to an expensive
movie theater and spend lots of money on it but the poor can also catch the same movie in a
different theater for literally nothing in comparison and get the same outcome. So the biggest
difference in this situation is the experience of enjoying this movie, but they both accomplish what
they intend to do. Also, there are now companies that turn out higher–quality goods at low prices
which helps close the gap between the rich and the poor. But for example, access to a good
education is a way that the increasing income inequality affects people

Bobber Barons In The Gilded Age
The late 18th and early 19th centuries are often characterized by how they were dominated by
extremely wealthy people who established a name for themselves by exploiting the current state that
the nation was in after the Reconstruction. This period is marked not only by the increase in
Monopolies and Trusts as well as the brewing conflict between the wealthy and the poor specifically
the business owners and the farmers but by the industrial growth and blossoming of the American
economy. However, the individuals who were at the forefront during the Gilded Age such as Andrew
Carnegie, Cornelius Vanderbilt, John D. Rockefeller should be referred to Robber Baron's as the
name captures their deceitful nature, greediness, and thirst for power.
The Robber Baron's displayed traits that made them not trustworthy. They tend to say what the
people want to hear rather than openly discussing their true motives. Andrew Carnegie believed that
the wealthy men of society have been given certain duties one of which is to live modestly and
donate surplus funds to the betterment of the community (Doc A). However, instead of using their
attained wealth to help the current state of their community, they invested it in themselves and some
like Cornelius Vanderbilt built extravagant Summer Homes (Doc C). If there is disagreement
between those in power and they are deceiving each other, what makes worthy of being trusted as
Captains of Industry.
Competition in business cannot be avoided, it is the

Cornelius Vanderbilt: The Richest Americans Of The 19th...
Cornelius Vanderbilt was a self–made multi–millionaire known for shipping and railroad who end
up being one of richest Americans of the 19th century. Cornelius was born on May 27, 1794, in the
Port Richmond area of Staten Island, New York. Cornelius was at first a passenger ferry business in
New York harbor with one boat, then started his own steamship organization, and eventually
controlling Hudson River Traffic. Cornelius likewise gave the primary rail benefit between New
York and Chicago. When he passed away in 1877, Vanderbilt had amassed the biggest fortune
aggregated in the U.S. around then. According to biography.com, Vanderbilt is regarded as one of
America's leading businessmen and entrepreneur and is attributed for forming the present–day

Who Was The Captain Of Industry During The Industrial...

Recommended

Recommended

More Related Content

More from Michelle Love

More from Michelle Love (20)

Recently uploaded

Recently uploaded (20)

Who Was The Captain Of Industry During The Industrial...