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Thursday, March 28, 2013

robber barrons

Post Civil War industrialized America was encompassing of new inventions and systems of business. Unfortunately many of these cans that were started had corrupt leaders. Starting with the cite mobilier in the railroad intentness to Jay Cooke in the finance industry and Carnegie in the steel industry. Most of these corporations created many jobs for Americans and the immigrants entering the US but they also gave them bad working conditions and low payment so that they could make as much profit as possible. Many historians call these leaders of the corporations the robber barons.


The Credit Mobilier dirt:
- Started with no regulation on what railroad companies were spending and who they were hiring.
- The kernel Pacific Railroad hired a sister company, which was rattling their company and over paid them on the governments tab.


Andrew Carnegie:
- Often regarded as the second richest man in history
- He do his fortunes in the steel industry with vertical integration.
- Carnegie gave away a great(p) amount of his wealth after he had establish a solid company and made more then overflowing silver to last his lifetime.


According to Henry George:
-The gap in the midst of the poor and the rich is increasing due to these robber barons of the later(a) 19th century.

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-Workers will take low wage jobs in dangerous working conditions because there was not enough money to feed the family.
-Even children had to work in factories or in mines.


Boss Tweed and the Tweed Ring:
-Tweed was a NY politician who was the third-largest landowner in New York City.
-Tweed take large sums of money from NYC taxpayers through political corruption.
-He was convicted and died in Ludlow Street Jail, which he ironically built.

Not every corporation had robber barons in the Late 1800s but the ones that did made a lasting impact on the way government regulates businesses. These corrupt leaders are now know as the robber barons...If you want to get a full essay, enunciate it on our website: Ordercustompaper.com



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