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Chapter
XXV: Industry Comes of Age
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What does the quote attributed to William Vanderbilt on Page 528 indicate
about his philosophy of economics and life in general? |
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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? |
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Did
the Central Pacific or the Union Pacific have a more difficult task
to perform in the construction of the first transcontinental railroad? |
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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? |
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In what kinds of ways did owners of railroads cheat the public? |
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How did the various governments of the United States try to "bridle
the iron horse"? Why were such efforts generally unsuccessful? |
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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? |
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How did Andrew Carnegie revolutionize the steel industry? How did
his form of business consolidation differ from that of John D. Rockefeller's?
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How was Carnegie an exceptional "Robber Baron"? |
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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…?" |
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Why were government efforts to control trusts largely unsuccessful?
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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? |
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Why did big businessmen find the principles of "Social Darwinism"
attractive? |
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Identify: |
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Samuel Gompers |
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Terrence
Powderly |
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J.B. Duke |
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Philip Armour |
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J.P. Morgan |
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Philanthropy |
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William Vanderbilt |
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Theodore
Judah |
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Leland Stanford |
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Collis P
Huntington |
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Mark Hopkins |
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Charles Crocker |
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"The octopus" |
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The Mussel
Slough incident |
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T. A. Edison |
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Jay Gould |
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Lockout |
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Yellow-dog
contract |
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Haymarket
Square incident |
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John Altgeld |