Andrew Carnegie‚ steel tycoon and extraordinaire yet he born as the son of a poor handloom weaver. Had it not been for the free enterprise system he would been unable to gain the opportunities which allowed him to become one of the greatest businessmen in America. In a free enterprise system‚ all companies strive have a competitive edge over its competitions be it in a more specialized labor or a innovative product. This was also what allowed Andrew Carnegie to rise to his peak‚ had it not been
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workers vastly because of the initial failure of strikes‚ the grueling feelings of superiority of employers over employees and the lack of support from the government. Beginning in the 1860’s‚ labor unions began to sprout in hopes of making reforms by unifying workers to fight for higher wages‚ and 8 hour work day‚ and various other social benefits. The National Labor Union (1866) was the first assembly established to take part in this fight. Strikes would have to be effective in order to initiate
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Chapter 18 Notes The Rise of Industrial America‚ 1865-1900 The Rise of Corporate America • In the early nineteenth century‚ the corporate form of business organization was used to raise large amounts of start-up capital for transportation enterprises such as turnpikes and canals. o By selling stocks and bonds to raise money o Corporation separated the company’s managers from the owners ▪ Company’s managers – guided the day-to-day operations ▪ Owners –
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the specialists to hold the associations down. In view of this the specialists would strike to attempt and get their requests met. The railroad strike in 1877 was one of the first to achieve national consideration. The strike happened after two wage cuts inside a logbook year. After the second cut‚ the specialists went on strike in numerous states. In any case‚ President Rutherford B Hayes knew about the strike and sent in the National Guard. In excess of 100 individuals were murdered before the
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and by blockading freight trains‚ only letting passenger trains through. Strikes broke out in many cities including Baltimore where 10 protesters and bystanders were killed by the local militia. Engulfed in rage‚ the laborers rampaged through the city destroying all things pertaining to trains. Only after Hayes was called for help did the real action begin. In Pittsburgh‚ the National Guard was called to quell another strike by any means necessary‚ even if it meant killing 20 people including women
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effective in evoking a meaningful change. Though labor unions‚ railroad strikes‚ and factory reforms made a valiant effort to initiate a meaningful change‚ it proved to be ineffective at reforming the labor
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Industry: Rags-Riches: The idea that anyone can come to America to follow the American Dream. They can be a person that has nothing at one point in their life to become a person that is super rich. Get money‚ get paid. Example would be Carnegie being inexperienced and then owning Carnegie hall and like everything. Captains of Industry: During the days of the American Industrial evolution‚ names such as Carnegie‚ Morgan and Rockefeller regularly appeared in leading newspapers around the country
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organized strikes‚ asking for higher wages. Most of these workers were black or members of the Knights of Labor. These strikes were met by violence and gunfire‚ with one battle seeing about 30 black men dying in one night and only 2 white men dying in the same evening. - There was a crazy movement where people realized that Wall Street owned most of the nation and the farm/industry workers had to work for Wall Street to have any kind of income. This is why many people decided to go on strike/protest
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begin the infinitely more serious and difficult task of wise distribution.” Some people think that Carnegie did not have much compassion for the average factory worker. The most notable ‘black mark’ on his resume was the Homestead Steel Strike of 1892 in Homestead ‚ PA. However‚ The violence appalled Carnegie. "The Works are not worth one drop of human blood‚" he wrote.Carnegie had a right hand man‚Henry Frick‚ who did most of Carnegie’s ‘dirty work.’
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partnership because of the twos’ aggressive nature. One of the major problems between Frick and Carnegie began with the 1892 labor strike at the Homestead Works‚ which was part of Carnegie’s Steel Company. It started because Carnegie wanted to eliminate the unions in his mills‚ but Frick supported actions that setback the labor movement for decades. The Homestead Works strike didn’t look good for Carnegie because of the death and violence‚ which had happened‚ and he tried to avoid any connections
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