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Working Conditions. Why was labor angry?. Corporations - you, too, can own a company!. Corporations - Companies that are publicly owned Sell stock to raise funds to grow business Stock prices are determined supply and demand
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Working Conditions Why was labor angry?
Corporations - you, too, can own a company! • Corporations - • Companies that are publicly owned • Sell stock to raise funds to grow business • Stock prices are determined supply and demand • Stock is sold on a stock market (New York Stock Exchange is on Wall Street in NYC) • Share - One part of the business. • Shareholders - people who own at least one share of stock
Must tell public (potential shareholders) about profits/losses Controlled by a elected board of directors (shareholders vote) Can raise $ quickly Owners do not have to tell profits/losses Owners have more control Harder to raise capital (funds) for new machines, factories Corporations vs. Private companies
Working Conditions in late 1800s • As mass production increased, companies get bigger, less personal. • Workers can be fired any time for any reason • Factories were uncomfortable, unsafe, dark, and dirty • Hours varied from 10 to 14 hours a day, 6 days/week • Injuries - if you were hurt, you were fired. No insurance. • Sweatshops - crowded and dangerous, usually refers to textile/garment industry
Workplace Safety • 1900 - 35,000 people died in industrial accidents • 500,000 people were injured in the same year • Most infamous incident was the Triangle Shirtwaist Factory in New York City, a clothing sweatshop that started on fire
Women and Children in the Labor Force • Women paid half as much as men • Child Labor • Hundreds of thousands under 16 working • Some states ban laborers under 12, but these laws were ignored • Kids work on machines designed for adults • Kids have almost no power to stand up for better pay, conditions
Triangle Shirtwaist Fire Progressives Attack Workplace Reform
Triangle Shirtwaist Fire (1911) • Fire breaks out in NYC garment shop • Most workers are female Jewish immigrants • 146 die in fire, some by jumping out of upper story windows • Lower windows were barred and doors were locked to prevent workers from leaving early
How It Began • Doors were locked • Windows on first and second floors were barred • No breaks, no fresh air • Spark lit lint in the air on fire, and it spread rapidly
People could not escape, and the workers, mostly women, jumped out of upper windows to the streets below • 146 workers perished in the fire
Fire escapes melted due to the intense heat and were useless
“And there was this beautiful little girl, my friend, Dora. I remember her face before she jumped.” Bessie Cohen - Worker
Triangle Shirtwaist fire Made National News • People began to look at reforms in the workplace
Unions Protest Deaths of Their Fellow Workers • Unfortunately we had to have a horrible incident to get things moving • When else has this happened?
Triangle Shirtwaist Fire Website http://www.ilr.cornell.edu/trianglefire/