’s need for steel, as it was required to make skyscrapers, elevators, and railroads. This realization led to his decision to innovate a cheaper way to make steel, hence Carnegie’s Steel. His industry skyrocketed due to steel’s high demand and led to mass numbers of workers under his control. These men industrialized America’s economy and and led it to become one of the most powerful powerhouses in…
John Gilbert Rosholt was another one of the important people that shaped Rosholt. “He made a deal with Jens Rasmussen, who owned a feed mill, to share the water rights on the South Branch of the Little Wolf River. He built a sawmill adjacent to Rasmussen’s feed mill on the east side of the pond. Rosholt continued to invest in timber.” Anderson,N.J. (n.d.).…
The railroad finally made a connection across the Chesapeake Bay in April 1885, something which hadn’t been accomplished before, an engineering feat which was revolutionary for its time (Eastern). This connection would save countless hours of time due to taking a more direct route from East to West and West to East. Alexander Cassatt’s railroad opened under the name “New York, Philadelphia and Norfolk Railroad (NYP&N)” (Transportation). This railroad would play an essential role in helping move people, food, supplies, etc.…
Zishen Chen Fys 073 description &bibliography Title: Ogden’s railroad brings the city Description: The first decade of the development of Chicago is closely linked to William Butler Ogden who built and owned the city. The railroad designed, raised and built by Ogden gave power to him by delivering people, more labor force, and necessary raw materials such as grain, live stocks so that industries like hotels and meat factories managed to develop under the control of the railroad tycoon.…
Cornelius vanderbilt was the man who built america's railroads in the 19th century. This affected the United States greatly in the 19th century. This growth in railroads affected how goods were shipped to how people go from place to place. This led to the prices of many good to become lower than before the railroads. Vanderbilt would ship many goods across his railroads.…
Where would our world be today if the Transcontinental Railroad simply didn’t exist? The Railroad impacted us in many ways, but I believe that we were impacted most economically. The Transcontinental Railroad impacted the United States Economically because, it transformed towns to boosting economic hotspots, lowered the general cost for shipping across hefty distances, and increased revenue from exports and imports dramatically. The railroad transformed towns like Lovelock, Nevada into economic hotspots.…
With Vanderbilt's railroads, the economy strengthened and 180,000 jobs were created. Still unsatisfied, Vanderbilt wanted the Erie line running from New York City to Chicago. After buying 100,000 shares of watered down stock from Jay Gould and Jim Fisk to make the Erie line his, Vanderbilt vowed never to be beaten again. His vow stays true until he meets John D.…
Fall 2015 History is often only taught but never questioned because of the impossibility to change what has already happened. However, Richard White, the author of “Railroaded” does exactly that, questions transcontinental life in the Gilded Age. White is a well-respected historian and professor from Stanford University who, during the 2007-2008 recession, was inspired to write about the strangely-familiar recessions of our nations past. This book provides great insight regarding the idea of railroads and whether or not such an invention was a good and needed advancement at the time. This paper will analytically criticize, praise and discuss Whites argument, effectiveness and credibility of the railroad industry.…
Andrew Carnegie, a philanthropist, was the second individual on the path to bigness in the late nineteenth century with his company, Carnegie Steel Co. Andrew Carnegie was one of the many steel company men before the 1873 depression but he had a genius for hard times and with every depression his organization gained strength . Carnegie affiliated himself with the Kloman brothers and their company, Kloman axle Company and set his connection to the iron and steel business. His control over steel companies increased as he gathered literary men, philosophers, English royalty, and U.S Senators who had positions to grant him a high steel tariff.…
Development of the steel industry was boosted by discovery of the Bessemer process. ("Second Industrial Revolution") Henry Bessemer and William Kelly drastically reduced the cost and time needed in producing steel from pig-iron. They found out that that blasting air through molten iron produced high quality steel. Steel was widely used in construction of buildings, because it provided good support for skyscrapers and tall towers.…
Andrew Carnegie is a hero because he helped the community a lot. Although he didn’t treat his workers as good as possible, he donated back to the community a lot and produced a lot of steel to better the world. In the year of 1889 Andrew Carnegie owned Carnegie Steel Corporation, the largest of its kind in the world. Instead of buying iron he bought the iron mines.…
This was the start of the California Gold Rush. in a long shot James Wilson Marshall was never profitable and actually ended up broke, but because he found this gold he ended up creating the first mining boom town in California called Coloma, California. All this happened because one person stole his cattle and he became Impoverished and had to start a partnership with John Sutter. The first gold discovery that James Marshall found was in a river while he was supervising the construction of a sawmill. He and his partner could not keep a secret to themselves as it quickly spread across the nation making immigration a lot more common.…
The Iron Bank, co-founded by residents and the founder of Ironton, opened for business on July 11, 1851. After some changes in location and a merger, the bank, then the First National Bank of Ironton, settled in its current home on Third Street. In the 1970s, it was purchased by the First National Bank of Cincinnati, which subsequently became the Star Banc Corporation and finally the U. S. Bank National Association. After the town of Ironton began selling lots and constructed a railroad, many believed the next major step was to build a bank.…
Cornelius Vanderbilt was an industrial businessman who made his fortune in the railroad business (John 2012). The railroad system was a highly anticipated new technology that began with the completion of the first transcontinental railroad in 1869. With rapid expansion, the railroad system bridged the regions of the country and triggered major economic growth for decades. Rapid consolidation of independent railroad systems occurred with the key robber barons being Cornelius Vanderbilt, J. P. Morgan, and James J. Hill (Crawford 2013). Consolidation led to monopolies that set…
Sydnie Holder 3.9.16 Mr. Modica Early American History Impacts of the Transcontinental Railroad Since the dawn of time man has strived to be on the move, exploring the unknown and seeking news ways of getting from one point to another. The innovation of transportation gave people the gift of exploration and traveling to places they have never been able to go before. During the early 1800s the main modes of travel were wagons, horses or on-foot, causing travel to be difficult and sluggish. This drove people to discover a more efficient way of travel, which resulted in the creation of trains. Due to this invention people were able to travel farther and at faster paces.…