The Highs and Lows of the Gilded Age
The Highs and Lows of the Gilded Age. The High Points Innovation Triumph of Industrial Capitalism Establishment of Colleges and Universities Railroad.
Jan 02, 2016
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The Highs and Lows of the Gilded Age
The High Points
Innovation
Triumph of Industrial Capitalism
Establishment of Colleges and Universities
Railroad growth and expansion
Unionization
Innovation
Thomas EdisonVitascope
Incandescent light
Electricity
Phonograph
Elevator
Innovation
The typewriter
The telephone
The Bessemer Process
Carlisle’s Steam Engine
Innovation
Innovation
Triumph of Industrial Capitalism
Standard Oil
US Steel
American Rail Industry
Titans of Industry
Colleges and Universities
Stanford
Duke
Carnegie-Mellon
Johns Hopkins
University of Chicago
Explosion of American Rail
America’s vast network of rail.
4x increase each decade
By 1900 nearly the entire nation connected
ImpactedTravel
Business
City construction
Regionalism
Military
Explosion of American Railroads
Organized Labor
The working man had been oppressed during America’s industrial boom. They made in one example 1.32 per week while their boss made 15,000 per year. The imbalance was startling.
By 1880 70% of the wealth in the country was in the hands of 10% of its people…by 1900 that was 90-10!
Labor realized that strength in numbers would bring them greater rights.
The Low Points
Social Imbalance
Conditions of Workers
Political Corruption
Immigration
Unrest and Labor
Social Imbalance
DuPont example
Wealth and power grew while poverty did as well.
Jacob Riis
Social Imbalance
Conditions of Workers
Conditions of Workers
Political Corruption
Everyone from Edison to Rockefeller to Carnegie was buying political influence.
Political Corruption
Political Corruption
Immigration
A Problem? Created issues with wages and prices.
Workers demanded legislation curbing immigration from specific areas.
Immigration
One immigrants perspective…
“I came to America because I heard the streets were paved with gold. When I got here, I found out three things. First, the streets weren’t paved with gold: second, they weren’t paved at all, and third, I was expected to pave them.”
Immigration
Labor Unrest and Violence
Riots and violenceHaymarket
Homestead Strike
Pullman Strike
Great Railroad Strike
Labor Unrest and Violence
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