Brainstorm and jot down things that come to your mind that relate to the question. Chose one of the industrialist below to research. Rockefeller 1839—1937 was the head of the Standard Oil Company and used much of his fortune to fund many philanthropic causes. The strikers fought back, and, after casualties and deaths on both sides, the Pinkertons surrendered. Through the use of lower wages, union exterminations, and channeling money towards buildings rather than people, robber barons abused their positions. Under the law of competition the employer of thousands is forced into the strictest economies, among which the wages paid to laborers figure prominently, and often there is friction between employer and employed, between rich and poor. Par 2 and possibly 3 : Acknowledge evidence from the opposing side you might also include this in Par 1 after the introd.
That's why he is Captain Of The Industry. It portrays men like Vanderbilt and Rockefeller and Ford and cruel and ruthless businessmen who would stop at nothing to achieve great wealth. Political cronies had been granted special shipping routes by the state, but told legislators their costs were so high that they needed to charge high prices and still receive extra money from the taxpayers as funding. In the public's opinion a robber baron wouldn't let anything stop them from obtaining wealth. Olney, a former railroad attorney, in response to a letter suggesting that he might use his cabinet post to help bring about a repeal of the Interstate Commerce and Sherman Anti-Trust Acts. Carnegie said that the price the country has had to pay was worth paying. It has been argued that only because such people were able to amass great amounts of capital could our country become the world's greatest industrial power.
Robber barons did not empathize with their workers; those same workers did not approve the amounts of money their bosses spent on libraries and universities rather than pay raises. It has been in the line of getting some bill with that title that we might go to the country with. He founded a company town for his workers, Pullman City which gave him the reputation of one of the compassionate Captains of Industry. This company began in a partnership, in the early years of the Civil War, between Samuel Andrews and John Rockefeller in Cleveland. In their greed and power, legend has it, they held sway over a helpless democracy.
Rockefeller wanted to expand his business even more. Factories could now produce items much faster and more efficiently. A worker chooses a particular job because she thinks herself better off in that job than at her next-best alternative. It will be understood that fortunes are here spoken of, not moderate sums saved by many years of effort, the returns from which are required for the comfortable maintenance and education of families. Assign one of the individuals below to each group. In my opinion Rockefeller and Carnegie were captains of industry. Through the use of lower wages, union exterminations, and channeling money towards buildings rather than people, robber barons abused their positions.
He negotiated a deal with a railroad company that lowered his shipping costs. For each document jot down two pieces of information related to your class reading that the document suggests to you. He founded the Rockefeller Foundation which gave aid to institutions working in the fields of public health, fine arts, and social research Cayton 238. While ruthless capitalists all played a critical role in America's rise as a super power, the actions they had taken to do so were not only corrupted and greedy but also easily avoided. Robber Barons: Henry Clay Frick - Steel: Henry Clay Frick 1849 — 1919 was chairman of the Carnegie Steel Company who also financed the construction of the Pennsylvania Railroad.
John Pierpont Morgan was born to Junius Spencer Morgan, patriarch of a wealthy banking family in Hartford, Connecticut and one of the most revered financers in London. A captain of industry is someone who is perceived to have helped the nation through their business skills and their philanthropy. At that time, the production of oil and refining was a little organization. A prominent member of the Standard, not a member of Congress, conducted the farce of inquiry from behind the seat of the chairman, Another member of the company, who was a member of Congress, came with the financial officer of the company before the committee, and sustained him in his refusal to testify about the organization, its members, or its relations with the railroads, The committee never reported. Certainly we continue to struggle with similar kinds of questions about fair and unfair business practices and the benefits and costs of competition. Remember, outside information is absolutely necessary. Owning all of the phases of production allowed him to drastically cut his prices.
These kinds of industrialists were seen to be mostly self-centered, and their actions are based on the motive of achieving the wealth for themselves only no matter if they are harmful for the society. Just as their were both positives and negatives to industrialism there were positives and negatives to the leaders of industrialism. They found the loopholes in the system and used them to their advantage. Finish up the questions on the original worksheet. K Here is how John D. Instead, they destroyed such systems through clearly illegal actions and disregard for anyone else.
It was a turbulent time in American history when the super-rich 'Robber Barons' took their ruthless control over major industries that sparked demonstrations protests from workers that resulted in riots and strikes in the towns and cities of the United States during the. Were these powerful men Robber Barons or did they deserve respect for being ' '. This scholarship, and the cultural persuasion of which it was an expression, drew on a deeply rooted sensibility—partly religious, partly egalitarian and democratic—that stretched back to William Jennings Bryan, Andrew Jackson and Tom Paine. Rockefeller also concentrated on transportation. Labor unions were therefore futile for some time. Robber Barons or Captains of Industry? The Industrial Revolution created many needed opportunities for Americans to prosper and to put the country on the right path, by creating jobs, expanding markets and changing the workforce. The Captains of industry are very beneficial for the society because they cause the enhanced productivity levels and the expanded markets which result in the environment where the growth of the innovation and development, job opportunities and the philanthropic activities is a sure thing.