Everything that Glitters… Everyday They’re Hustlin ’

1. Everything that Glitters…Everyday They’re Hustlin’

2. Reading Quiz • Cornelius Vanderbilt • Mugwumps • Gilded Age • Plessy v. Ferguson • Credit Mobiler • US v. Kim Wong Ark • Union Pacific Railroad • Urbanization • WASPs • Second Wave of Immigration & Assimilation

4. We’re #1 • Why Did America become leading industrial power? • Natural resources • RRs allowed our natural resources to be utilized/exploited • Massive immigration • __________________ • 12 hour shifts/7 days a week

5. We’re #1 • American Ingenuity • Gilded Age inventions • Record player • Tape recorder • Moving picture • Lightbulb • Cash register • Typewriter

6. How did Companies become so powerful? • What about the Government? • 14th amendment • Wait…What? • __________________ • Many trusts moved to states where the laws were the easiest • Laissez-faire economics

7. “By this time the Supreme Court had accepted the argument that corporations were “persons” and their money was property protected by the due process clause of the 14th amendment. Supposedly, the Amendment had been passed to protect Negro rights, but of the 14th amendment cases brought before the Supreme Court between 1890 and 1910, 19 dealt with the Negro, 288 dealt with corporations.”~H. Zinn

8. Poll Everywhere

9. Robber Baron/Captain of industry #1 • Railroads varied a lot from railroad to railroad • Cornelius Vanderbilt • Originally made money in steamboat • What did he do? • Other improvements • Air brakes • More efficiency • Pullman Palace Cars • More luxury

10. Robber Baron/Captain of indstury #2 • _____________________ • Scottish immigrant • Poor • Spooled thread to make money • $1.50 a week • Kept a ledger • Insider trading with the Railroads • Invests $40,000 in an iron/petroleum company • Company made $1,000,000 annually shortly after • Carnegie _____________

11. Robber Baron/captain of industry #2 • Bessemer Process • America is the best nation to capitalize on the boom in steel industry • Raw materials • Work force • Transportation network

12. How he did it… • He worked to eliminate competition • Vertical Integration

13. Robber Baron/Captain of industry #2 • US Steel • Produced ¼ of Bessemer steel • $40,000,000/year profits • JP Morgan • Reorganized companies • Bought for $400 million • $12,000,000,000 today • Philanthropy • Carnegie donated $350 million to various charities • Colleges • Libraries • Carnegie Hall

14. Vertical Integration • Cornelius Vanderbilt • Union Pacific Railroad • Gilded Age • Solid South

15. http://www.history.com/shows/america-the-story-of-us/videos/andrew-carnegie#andrew-carnegiehttp://www.history.com/shows/america-the-story-of-us/videos/andrew-carnegie#andrew-carnegie Carnegie

16. Robber Baron/captain of INdustry #3 • ____________________ • Abusive father • Sold elixirs • Work ethic • Started out in produce • Paid his way out of the Civil War • What argument could this evidence support? • Bought an oil field in 1863 in Cleveland • Eventually bought out his partners • Why is it a big deal?

17. How He Did it… • He also eliminated competition • Horizontal Monopoly

18. Rule Or Ruin • “If we did not sell out…we would be crushed out…There was only one buyer on the market and we had to sell at their terms.”~Independent Ohio Refinery Co., 1881 • “Wilkerson & Co. received car of oil Monday the 13th…Please turn another screw.”~Internal Standard Oil memo • A rival refinery in Buffalo was rocked by a small explosion arranged by Standard Oil officials

19. Pit Stop • Vertical Monopoly • Horizontal Monopoly

20. Robber Baron/Captain of industry #4 • J.P. Morgan • Son of a banker • Sold stocks for the RRs • Bought rifles for $3.50 • Sold to Union for $22 • Defective and shoot off thumbs of soldiers • Congressional Committee Report • Paid exit fee • “A man may be a patriot without risking his own life or sacrificing his health. There are plenty of lives less valuable”

21. Robber Baron/Captain of industry #4 • He made money in the banking industry organizing deals • Organized the financial system • Linked RRs financially to one another • Linked those RRs to banks and to insurance companies • Bought US Steel from Carnegie for 493,000,000

22. Eat the Rich • Trust • Others • Sugar • Tobacco • Leather • New Rich

23. Eat the Rich • Gospel of Wealth • Social Darwinism • Poor

24. “I say that you ought to get rich, and it is your duty to get rich…The men who get rich may be the most honest men you find in the community. Let me say here clearly…98/100 of the rich men of America are honest. That is why they are rich. That is why they are trusted with money. That is why they carry on great enterprises and find plenty of people to work with them. It is because they are honest men…I sympathize with the poor, but the number of the poor who are to be sympathized with is very small. To sympathize with a man whom God has punished for his sins…is to do wrong…let us remember there is not a poor person in the United States who was not made poor by his own shortcomings.” Russell Conwell, “Acres of Diamonds”

25. “While some multimillionaires started in poverty, most did not. A study of the origins of 303 textiles, railroad, and steel executives of the 1870s show that 90% came from middle or upper class families.”~The New Yorker Magazine, 1890 So, what you’re saying is there’s a chance…

26. Pit Stop • Gilded Age • Vertical Monopoly • Horizontal Monopoly • Jim Crow • 14th Amendment

27. Body Paragraph Work • Rockefeller and Carnegie were robber barons who exploited the American system. • Rockefeller and Carnegie were captains of industry who used their skills to build their large corporations

28. What Makes the Red Man Red

29. Review • Yellow Journalism • Nativism • 2nd Wave of Immigration • Tuskegee Institute • W.E.B. DuBois • Vertical Integration • Credit Mobilier • Slaughterhouse Cases • 14th amendment re: businesses • Social Darwinism

30. PSD

31. Legacy of West • Native Americans last stand • Mixing of Anglo culture with Hispanic and Asian cultures • Government played a large role in development • Idea of west is immortalized

32. Starting the fire • 1860 • 360,000 • Stood in way of Western expansion • Used to conflict • Problems That Whites Caused • Misconceptions

33. Why are Buffalo important • Uses • Food • Fertilizer • Hides for clothing • Lariats/lassos • Harnesses • Basically used for everything • Extinction of Buffalo • 15,000,000 (1865) • <1,000 (1885) • Railroads • Food supply for workers • Buffalo Bill Cody • People shoot for fun

34. What Makes the Red Man Red • Fort Laramie & Fort Atkinson • Government Corruption

35. What Makes the Red Man Red • Indian Wars • After the Civil War is over • Many of the troops • New immigrants • African Americans • Buffalo soldiers • 20%

36. What Makes the Red Man Red • Americans would sometimes shoot Natives on spot to ensure order • Sand Creek Massacre • Colorado • 400 women and children killed • George Custer • ______________ • Chased around the Pacific NW for 1,000 miles • .

37. What Makes the Red Man Red • Native Americans were herded onto reservations • Preserve their culture • Easier to provide for than fight • Indian way of life destroyed • Railroads • Disease • Bison

38. Custer • Misconceptions about Native Americans • Gilded Age • Why reservations?

39. Transcontinental Railroad • Gospel of Wealth • Sand Creek Massacre • Why were Buffalo near extinction?

40. The Final Straw • Battle of Wounded Knee • Federal government outlawed the Sun Dance • Sioux wanted to practice dance • Rid area of whites • Lead to prosperity • Army thought this was a precursor to rebellion so shots were fired • 200 Sioux were killed • Last major fight in the Indian Wars

41. What to do With Native Americans? • Assimilation • Making them become part of “American” culture • Carlisle Indian School

42. What to do With Native Americans? • Dawes Severalty Act • Dissolved Indian tribes into individual families • Gave tribal lands to individual families • Leftovers were sold to RRs • Proceeds to benefit Native Americans • If Native Americans assimilated they could be citizens in 25 years • Results of Assimilation • Government policy for 50+ years

43. End of the Trail • ___________________ • ________________ • Chronicled government’s mistreatment of Native Americans • Ramona • Helen Hunt Jackson • Story of Natives in California • Got sympathy for Natives

44. A Century of Dishonor • Dawes Severalty Act • Misconceptions about Indians • Battle of Wounded Knee

45. I Want to Know Where the Gold At… • __________ was the big boom/bust job of the west • Gold and silver • Mining Towns spring up • Gold/Silver is discovered • People rush out there • Miners • People looking to make money off of the miners

46. I Want to Know Where the Gold At… • Lawless environment in the mining towns • Miners established codes for settling disputes • ____________ • Self-appointed law enforcers • ___________ • Towns that sprung up because of the discovery of gold/silver • Abandoned after the materials run out • Some boomtowns survive • Denver • Why do they survive?

47. Ain’t No Business Like Mining Business • Individuals were the first group out • They get minerals from surface or stream beds • Rest of minerals are deep underground • Need machines • Tracks • Mine shafts • Cheap labor • Companies come into get those minerals • Why?

48. Results of Mining • Attracted initial population and wealth to the West • Women get opportunity • Gold and silver help finance • Railroads • Civil War • Specie payments • Intensifies conflict between Natives and Americans • Politicians advocate for mining • Folklore of old West

49. A Century of Dishonor • Boomtowns • Assimilation

50. Cowboys Like Us… • Railroads allows many people to move out west • Cattle driving fuels economic expansion of the West • Lots of grass to feed cattle