The unparalleled outburst of railroad construction was a crucial case. Transcontinental railroad building was so costly and risky as to require government subsidies, as it had in many other industrialization nations. Everywhere, the construction of the railway systems promised greater national unity and economic growth. The extension of rails into thinly populated regions was unprofitable until the areas could be built up, and private promoters were unwilling to suffer heavy initial losses. For the first time in all of our history, a sprawling country became united in a physical sense, bound with ribs of iron and steel. The railroads emerged as the nation’s biggest business, employing more people than any other industry and gobbling up nearly 20 percent of investment dollars from foreign and domestic investors. Mr. President Cleveland did not look kindly on effective regulation; but Congress ignored his mumbling indifference and passed the epochal Interstate Commerce Act in 1887. This prohibited rebates and pools and required the railroads to publish their rates …show more content…
Over the years many men either invest horizontally or vertically. It became so ridiculous with all the monopolies over every little thing the government made it legal law that no man can have more of a share in a company than another. It must be fair on all ends. From monopolies we then had to deal with trusts, even more tariffs and then the building of the new industrial revolution in America. With the launch of the industrial revolution came an intense need for labor unions and child labor laws. The small unions in each town grew into what became nationally known labor unions like the Knights of labor ( which ended up causing a bloody episode of tensions exploding, also known as the Haymarket Square episode) where hysteria swept the city all because some people got violent and even set off a bomb to make more hell for everyone. From there we go into more reforms for bettering life,making things fair, and keeping america number