Chapter XXV: Industry Comes of Age
What does the quote attributed to William Vanderbilt on Page 528 indicate about his philosophy of economics and life in general?
 
What kinds benefits did railroad magnates receive for construction of transcontinental lines? In your opinion, should the U.S. have subsidized the railroads the way we did?
 
Did the Central Pacific or the Union Pacific have a more difficult task to perform in the construction of the first transcontinental railroad?
Of all transcontinental lines built before the turn of the century, which was the only one, which did not receive favors from the government? If, as supporters of railroad construction claimed, it was necessary for railroad companies to be subsidized, how come this "special railroad" turned a profit without any special favors?
In what kinds of ways did owners of railroads cheat the public?
How did the various governments of the United States try to "bridle the iron horse"? Why were such efforts generally unsuccessful?
How was Sohio different from its competitors? Was it justified in behaving the way that it did? Who benefited the most from it practices? Who lost the most?
How did Andrew Carnegie revolutionize the steel industry? How did his form of business consolidation differ from that of John D. Rockefeller's?
How was Carnegie an exceptional "Robber Baron"?
To what extent were the Populists correct in their claim that, "the fruits of the toil of millions are boldly stolen to build colossal fortunes for a few…?"
 
Why were government efforts to control trusts largely unsuccessful?
Why did labor unions have such difficulty in getting organized? Why was it difficult for unions to win strikes? Which labor union in this chapter was the most successful? Why?
 
Why did big businessmen find the principles of "Social Darwinism" attractive?
Identify:
Samuel Gompers
Terrence Powderly
J.B. Duke
Philip Armour
J.P. Morgan
Philanthropy
William Vanderbilt
Theodore Judah
Leland Stanford
Collis P Huntington
Mark Hopkins
Charles Crocker
"The octopus"
The Mussel Slough incident
T. A. Edison
Jay Gould
Lockout
Yellow-dog contract
Haymarket Square incident
John Altgeld