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Chapter 18. The Rise of Industrial America, 1865 – 1900. ACT Standards. C: 1-a Evaluate the impact of new inventions and technologies of the late 19 th Century. C: 1-b Identify and evaluate the influences on business and industry in the late 19 th Century
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Chapter 18 The Rise of Industrial America, 1865 – 1900
ACT Standards • C: 1-a Evaluate the impact of new inventions and technologies of the late 19th Century. • C: 1-b Identify and evaluate the influences on business and industry in the late 19th Century • C: 1-c Identify labor and workforce issues including owners, managers and Social Darwinism • C: 1-d Explain the challenges and contributions of immigrants • C: 1-e Explain the causes and impact of urbanization • C: 1-f Compare and contrast the experiences of African-Americans
Read the chapter, pp. 535-565. You MUST read the chapter!!!! On line find and read a summary of the book The Jungle by Upton Sinclair. Readings
Group Presentation • An Important Industrial or Technological advancement from this time period • Chose a group of three • Compose and design a power point of 5 slides • Be prepared to make your presentation within 3 days.
Rise of Corporate America • See graph on page 537 Write a one sentence summary of the graph on page 537. _________________________________________ ________________________________________.
The Character of Industrial Change • 6 features dominated manufacturing: • Exploitation of coal • Spread of technology • Control of workers • Pressure on firms to compete • Relentless drop in prices • Of money supply to keep pace with productivity
Railroad Innovations I’ve been working on the railroad all the live-long day! • Collis P. Huntington, Central Pacific • Jay Gould, Union Pacific • James J. Hill, Northern Pacific • Generous land grants and loan subsidies • Magnetic telegraph • Divisions • Superintendents • Accounting systems Jay Gould
Consolidating the Railroad Industry • Robber Barons • Standard 4’8 ½” gauge track • Interstate Commerce Act, 1887 J.P. J. Pierpont Morgan
Applying the Lessons of Railroads to Steel Andrew Carnegie • Bobbin Boy $1.25 a week • Secretary to Tom Scott, Pennsylvania Railroad 1870’s first steel mill built “Watch the COST and the PROFITS will take care of themselves.” Vertical Integration
The Trust: Creating New Forms of Corporate Organization • Edwin L. Drake • 1st crude-oil well 1859 • Passion for cutting costs • Standard Oil Trust 1882 John D. Rockefeller
Sherman Anti-Trust Act 1890 United States vs. E.C Knight Company
The Triumph of Technology • Thomas A. Edison • Electrical lighting Read “Electricity” pp. 544-545.
Figure 18.2: Mergers in Mining and Manufacturing, 1895–1910 (cont’d)
The New South Creed and Southern Industrialization • Henry W. Grady
Horatio Alger Hard Work and the Gospel of Success
National Labor Union Knights of Labor Wildcat strikes Labor Unions and Industrial Conflict
National Labor Uniton (NLU) Knights of Labor American Federation of Labor (AFL) Samuel Gompers Organizing Workers
Strikes and Labor Unrest • Homestead Strike • Eugene V. Debs • Supreme Court Inre Debs
Social Thinkers Probe for Alternatives • William Graham Sumner • Social Darwinism • Marxism