Andrew Carnegie, Cornelius Vanderbilt And John D. Rockefeller

Many decisions that businessmen make can affect the amount of success they have. One of those decisions is who to partner with. There were many great partnerships made during the building of America. Some of those were good and paid off and others were bad and sent people into bankruptcy. Three partnerships that helped shape America were Andrew Carnegie and Henry Frick, Cornelius Vanderbilt and John D. Rockefeller, and J.P. Morgan and Thomas Edison.
Cornelius Vanderbilt and John D. Rockefeller made a deal. The deal was that Vanderbilt’s trains would ship crude oil to John’s refinery to turn into kerosene and put the kerosene into bottles. Then Vanderbilt’s trains would pick up John’s bottled kerosene and ship them out. The reason that John …show more content…
The deal was that Frick would intimidate people into making bad deals. Andrew hired him to do things that he did not want to do himself. This was not one of the best partnerships made. While Andrew was away in Scotland Frick pushed his workers to the limit. He wanted to cut production costs to try and make the most profit as possible. The working conditions in the mill were awful. After one of the workers died, they decided to go on a strike. They did not work and barricaded the entrance to the mill, so Frick could not bring in replacements. Frick became angry, so he called the Pinkertons to put a stop to the strike. The Pinkertons came and started to shoot the steel mill workers. They were just supposed to intimidate the workers. Instead, they killed a total of nine workers. In addition, Frick and Carnegie created South Fork fishing and hunting club. They had dammed a river to form a lake. Everybody was telling Frick to reinforce the dam or it will collapse and flood Johnstown. One day it did. There was a really bad rainstorm and they told everybody to evacuate Johnstown. None of them left and the flood killed many. Frick and Carnegie got a lot of backlash from this. This partnership was good and bad. Carnegie made Frick things that he didn’t want to do, but Frick did some very bad things that affected Carnegie’s …show more content…
Morgan and Thomas Edison had a partnership. J.P. Morgan would invest money, so Edison could pursue his inventions. One of Thomas Edison’s inventions the electric lightbulb. Morgan had his house wired full of lightbulbs. He invited many guests over to show of the new invention. Edison pursued DC current when studying electrical current. One of his workers, Nikola Tesla, thought that AC current was the best type of current. They had a fight and they split. Tesla left and found an investor, George Westinghouse. Now J.P. Morgan and Edison had a competitor. Edison made up stories on how AC was dangerous, so that people would use DC instead of AC. Then, a local prison sought out a new way to kill someone that has received the death penalty. They wanted to try out an electrical way, so Edison invented the electric chair. They tried it on a man and basically fried him alive. Edison and J.P. Morgan received tons of backlash from that. There was a Niagara Falls power station that didn’t know whether they wanted to use AC or DC. They ended up using AC and that angered Morgan. Morgan threatened to take Westinghouse Electric to court for patent violation. Because of that Westinghouse was forced to give up his company. After he bought out General Electric, that was owned by Edison, he owned all of the electric companies. This partnership was a success because Edison would have never been able to make the inventions without him and Morgan would have never made that much money without