gilded age: us II

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Last updated 10:05 PM on 9/3/26
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16 Terms

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Andrew Carnegie

Steel magnate who built a vertically integrated empire by controlling every stage of steel production, from raw materials to distribution; later gave away much of his fortune and argued in his "Gospel of Wealth" that the rich had a duty to use their wealth for the public good. His Homestead, PA plant was the site of the violent 1892 strike.

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John D. Rockefeller

Oil magnate who built Standard Oil into a near-total monopoly through horizontal integration — buying out or crushing competing refineries until his company dominated the market; became one of the wealthiest Americans in history.

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Cornelius Vanderbilt

Railroad and shipping magnate, one of the richest men of the Gilded Age; consolidated rail lines into major systems and became a symbol of the era's "robber baron" fortunes.

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J.P. Morgan

Powerful Wall Street banker who financed and reorganized major industries; oversaw the 1901 merger that created U.S. Steel, the world's first billion-dollar company, cementing a monopoly over the steel industry.

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American Federation of Labor (AFL)

A conservative alternative to the Knights of Labor, founded as an alliance of craft unions representing skilled workers; pursued practical "bread and butter" gains like higher wages, shorter hours, and safer conditions rather than sweeping economic reform, and generally avoided radical tactics.

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Great Railroad Strike of 1877

A wave of strikes that erupted after railroads slashed wages during an economic downturn; workers shut down rail traffic from Baltimore to St. Louis. State militias and eventually federal troops crushed the strike after weeks of violence, convincing many workers of the need for permanent, organized unions.

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Haymarket Affair (1886)

A labor rally in Chicago tied to the national campaign for an eight-hour workday; when police moved to break up the crowd, a bomb killed several officers, who then fired into the crowd. Eight anarchists were tried and convicted despite scant evidence, and the backlash linked unionism with radicalism in the public mind, badly damaging the Knights of Labor.

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Homestead Strike (1892)

Steelworkers at Andrew Carnegie's Homestead, PA plant struck after repeated wage cuts and seized the mill; manager Henry Clay Frick brought in armed Pinkerton guards, sparking a violent confrontation the workers won. The state militia then broke the strike, and the union was destroyed.

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Pullman Strike (1894)

Workers in George Pullman's company town struck after he cut wages while keeping rents and prices high; the American Railway Union, led by Eugene Debs, launched a nationwide boycott of Pullman cars that paralyzed rail traffic. President Cleveland sent federal troops and a court injunction crushed the strike, and Debs was jailed.

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Populist Party (People's Party)

A political party formed by farmers' alliances in 1892 to challenge the two major parties; its Omaha Platform called for nationalizing railroads, a graduated income tax, free coinage of silver, and direct election of senators. It won real support before much of its energy was absorbed into the Democratic Party behind William Jennings Bryan in 1896.

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Interstate Commerce Act (1887)

Federal law creating the Interstate Commerce Commission to regulate railroad practices, aimed at curbing discriminatory rates and monopolistic abuses; one of the first major federal efforts to regulate a major industry.

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Sherman Antitrust Act (1890)

Federal law declaring that only monopolies that "unreasonably" restrained free trade were illegal; its vague wording made it hard to enforce against trusts and was even used against labor unions, until the 1914 Clayton Antitrust Act closed some loopholes.

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Tenements

Overcrowded, poorly ventilated multifamily apartment buildings that housed much of the urban immigrant and working-class population in cities like New York, often lacking adequate sanitation, light, or safety.

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Boss Tweed / Tammany Hall

William "Boss" Tweed led Tammany Hall, New York City's powerful Democratic political machine, which was notorious for corruption and graft but also provided jobs, aid, and services to immigrant voters in exchange for political loyalty.

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Chinese Exclusion Act (1882)

Federal law banning nearly all Chinese immigration and barring Chinese immigrants already in the U.S. from becoming citizens; the first major U.S. law to restrict immigration based on nationality, reflecting widespread nativist and anti-Asian sentiment.

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Ellis Island

Immigration processing station in New York Harbor where millions of mostly European immigrants were inspected — medically and legally — before being admitted to the United States; served as the main gateway for immigration on the East Coast.