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Definition Period from 1865-1897 Era of rapid economic and population growth in
the United States Most famous for the creation of a modern
industrial economy The corporation became the dominant form of
business organization Term "Gilded Age" was coined by Mark Twain Refers to the process of gilding an object with a
superficial layer of gold Meant to make fun of ostentatious display
John Davison Rockefeller
1839-1937 Founder of Standard Oil (1870) Adjusting to inflation, often considered the richest
person in history Created a monopoly within the oil industry
through use of underselling, differential pricing, and secret transportation rebates
By 1880, according to the New York World, Standard Oil was "the most cruel, impudent, pitiless, and grasping monopoly that ever fastened upon a country.”
Rockefeller as Philanthropist
Provided major funding for a college in Atlanta for African-American women, which became Spelman College
$80 million to the University of Chicago Became one of the first great benefactors of
medical science. 1901, he founded the Rockefeller Institute for
Medical Research
John D. Rockefeller Jr.
Son of John D. Rockefeller
Responsible for the building of the Rockefeller Center
Nelson Rockefeller
Grandson of John D. Rockefeller
Former Gov. of New YorkFormer Vice-President of the U.S. under Gerald Ford
Andrew Carnegie 1835–1919 Immigrated from Scotland to the U.S. in 1848 First job in the United States was as a factory
worker in a bobbin factory Led the enormous expansion of the American
steel industry One of the most important philanthropists of his
era Formed Carnegie Steel Company which after later
mergers becomes U.S. Steel Often regarded as the second-richest man in
history after John D. Rockefeller
Carnegie as Philanthropist
Carnegie gave most of his money to establish many libraries, schools, and universities in the United States, the United Kingdom, Canada
Carnegie Hall Carnegie Mellon University
Cornelius Vanderbilt 1794-1877 AKA “Commodore” Built his fortune in railroad and shipping industry Steamboats, oceangoing steamships, and
railroads Donated original funds for creation of Vanderbilt
University
John Pierpont Morgan 1837-1913 Financier and banker who dominated corporate
finance and industrial consolidation Arranged the mergers that created General
Electric and U.S. Steel
Captains of Industry or Robber Barons
Did their methods of acquiring a personal fortune contribute to society in a positive way? OR
Were their fortunes gained through questionable practices?
Captains of Industry was a term describing a business leader whose practices increased productivity, markets, jobs, and philanthropy
Robber baron was a term describing a business leader who became wealthy at the expense of the workers
Men like Rockefeller, Carnegie, Vanderbilt, and Morgan were considered both depending on what point of view you took
Strikes and Labor Unions
Great Railroad Strike of 1877 Begins in Martinsburg, West Virginia, response to
the cutting of wages for the second time in a year by the Baltimore & Ohio Railroad (B&O)
Spreads to Maryland, Pennsylvania, Illinois, and Missouri
Strike lost momentum when President Hayes sent federal troops from city to city.
Troops suppressed strike after strike Approximately 45 days after it had started, it
ended.
Cont. Haymarket Affair AKA Haymarket Riot Chicago, May 4, 1886 Began as a rally for striking workers (8 hour
workday) Ended with the throwing of a dynamite bomb and
gunfire resulting in the deaths of 7 police officers and 4 civilians
8 anarchists were convicted of conspiracy during the trial
Setback for American labor and its fight for the eight-hour day
Cont. Pullman Strike, last major strike of the 19th century Began in May 1894, Pullman, Illinois 3,000 employees of the Pullman Palace Car Company
began a wildcat strike in response to recent reductions in wages
At its peak, involved 250,000 workers in 27 states President Grover Cleveland ends the strike using Federal
Marshals and 12,000 U.S. troops Justified use of troops as strike was delaying delivery of
U.S. Mail Labor Day became a federal holiday in 1894 (Legislation
was pushed through Congress 6 days after the strike to appease organized labor movements)
George Pullman
Inventor of the Pullman Sleeping Car
Also known for utilization of violent methods against striking workers
Eugene Debs Founder of the American Railway Union, First industrial
union in America (1893) After the Pullman Strike, Debs was arrested, tried, and
convicted for leading the strike Originally a Democrat, became a Socialist while in
prison after reading books by Karl Marx Founded the Social Democratic Party of the U.S. Presidential candidate of this party 1904,1908, 1912,
and 1920 Founded the Industrial Workers of the World (IWW) in
1905 Arrested on June 30, 1918 for seditious speech
(Criticized Pres. Wilson and U.S. involvement in WWI)
Knights of Labor Established in 1869 by Uriah Stephens For a time was the largest of the labor union until
late 1880s Initially against the use of strikes, preferred
negotiations Overall, poorly organized Main objective was the 8 hour work day and
legislation covering child labor laws Achieved greatest power and membership under
leadership of Terence Powderly Eventually, most members left and went to the
newly formed American Federation of Labor
Samuel Gompers Founder of the American Federation of Labor President from 1886-1924 He promoted thorough organization and collective
bargaining to gain shorter hours and higher wages
Encouraged the AFL to take political action to "elect their friends" and "defeat their enemies
In 1955, the AFL merged with the Congress of Industrial Organization (CIO) to form the AFL-CIO which still exists
Politics in the Gilded Age
Presidents of the Gilded Age James Garfield 20th President (Mar 4, 1881-Sept 19,1881) 2nd President to be assassinated Shot in July 1881 by Charles Guiteau, a disgruntled
federal office seeker Chester Arthur 21st President (Sept 19, 1881-Mar 4,
1885) Grover Cleveland 22nd and 24th President: Only president to serve two non-consecutive terms
(1885-1889) and (1893-1897) Benjamin Harrison 23rd President (1889-1893) Grandson of William Henry Harrison
James Garfield
2nd President to be assassinated
Metal detection device invented by Thomas Edison was used in attempt to locate the bullet
Political Machines Political organization where an authoritative boss
or small group commands the support of supporters and businesses
In return, the supporters received rewards Power came from the ability to get people out to
vote Heavily influenced by practices of the spoils
system Voters backed a candidate based on the idea of
patronage: Favors received once person was elected Candidate was selected based on his willingness
to participate
William Tweed AKA “Boss” Tweed Foremost example of the greediness of machine
politics Head of “Tammany Hall”, democratic political
machine that ran New York City government (1858-1877)
Eventually convicted of stealing as much as 200 million dollars from N.Y. City taxpayers
Died 1878 in jail
Civil Service Reform Pendleton Civil Service Reform Act (1883) Stipulated that government jobs should be
awarded on the basis of merit Provided selection of government employees
through competitive exams, rather than ties to politicians or political affiliation
Made it illegal to fire or demote government employees for political reasons
Law only applied to federal government jobs: not to the state and local jobs that were the basis for political machines
Stalwarts A faction of the Republican party: 1. Opposed civil service reform 2. In favor of machine politics
Mugwumps Republicans who switched to the Democratic
Party to support Grover Cleveland in the 1884 election
Based on disfavor with corruption associated with the Republican Party at the time
Thomas Nast Political cartoonist “Father of the American Cartoon” Drawings were instrumental in the downfall of
Boss Tweed Notable works included: Uncle Sam Symbols for Republican Party (Elephant) and
Democratic Party (Donkey) Modern version of Santa Claus
Immigration Roughly 10 million immigrants came to the U.S.
during the Gilded Age 1892, Federal government opened Ellis Island in
New York Harbor as an immigrant inspection station
Operated until 1954
Chinese Immigrants Construction of the Central Pacific Railroad mostly
done by Chinese immigrants American Federation of Labor strongly opposed
the use of Chinese labor Chinese Exclusion Act 1882, Congress prohibits
Chinese laborers from entering the U.S Chinese immigrants unable to become U.S.
citizens until 1950, however: Supreme Court decision in United States v. Wong
Kim Ark, their children born in the U.S. were full citizens. (1898)
Urbanization 1. Increasing demand for factory workers 2. Mass immigration from Europe Causes population of cities to rise New York, Philadelphia and Chicago experience
population growth over one million people. Increasing immigration causes rise in poverty levels New immigrants lived in the poorest urban areas
including the Five Points and Hell’s Kitchen in Manhattan
“Dumbbell tenements”: Law required that every room had to have a window with access to air (law was averted by using airshafts that connected the buildings)
Thomas Edison “The Wizard of Menlo Park” now Edison, New
Jersey Inventor of the light bulb, phonograph, motion
picture camera Central power station to generate and distribute
electricity for a city Fluoroscope: Machine that used x-rays for
radiographs One of the first inventors to utilize mass
production
Alexander Graham Bell Credited with inventing the first practical
telephone Both his mother and wife were deaf which
influenced his work on hearing and speech Ultimately leads to the first patent in 1876 for the
telephone Founding member of the National Geographic
Society Considered the telephone as an intrusion and
refused to have one in his study
Social Reform Women’s Christian Temperance Union (1874) Attempted to bring morality back to America by
creating a sober and pure world National American Woman Suffrage Association
(1890) lead by Susan B. Anthony Largest and most important suffrage organization
in the United States Primary promoter of women's right to vote.