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Homestead Lockout
In 1892, Carnegie left Henry Clay Frick in charge of the mill in Homestead Pennsylvania, where he locked out steel workers on July 1. Hired armed guards protected the plant and gunfight happened, killing 7 workers and 3 guards dead.
Gospel of Wealth
Carnegie said in 1889 essay that the poor enjoyed with rich people before couldn’t afford and that luxuries have not become necessities.
Management Revolution
Internal structure adoped by many large corporations and showed developments in accounting and tracking expenses
Vertical Integration
A model pioneered by Swift in which a company controlled all aspects of production from raw materials to finished goods
Horizontal Integration
Rockefeller pioneered this strategy, and it works by driving competitotrs to failure then inviting them to merge their companies into his company
Trust
New legal form created by Rockefeller’s lawyer, which organized small group of associates to hold stock from a group of combined firms, managing them into a single entity
Deskilling
Workers lost the independence characteristics of craftworkers; a new system of mechanized manufacturing that Swift had pioneered and Ford would use for mass production caused this
Scientific Management
Managers wanted to reduce costs through this; recommended that employers eliminate all brain work from manual labor instead hiring experts to develop rules.
New South
Child labor was widespread in ex-Confederacy; low wage industry emerged after Reconstruction and region was more economically diversified; textile mills contributed to this
Chinese Exclusion Act
Passed by congress in 1882 which specifically barred Chinese laborers from entering the United States
Great Railroad Strike of 1877
Thousands of railroad workers walked off their job to protest steep wage cuts amid depression beginning in 1873
Greenback-Labor Party
A national political movement forged by labor advocates and workingmen' during 1870s depression; protested against the collapse of reconstruction and urged man’s vote is protected; wanted more money in circulation
Producerism
idea that middlemen, bankers, lawyers, and investors lived off the sweat of people who worked with their hands
Granger Laws
Economic regulatory actions triggered by Greenback that contributed to railroad commissions that supervised railroad rates and policies;, as well as commissions to regulate insurance and utility companies
Knights of Labor
Founded in 1869 as a secret society of garment workers in Philadelphia; delegates to Greenback Labor conventions; believed ordinary people needed to control enterprises and that only electoral action could bring their goals
Anarchism
Revolutionary advocacy of a stateless society
Haymarket Square
A protest was called by anarchists in 1886; a bomb killed several policemen and gunfire happened; 8 anarchists were found guilty of murder and criminal conspiracy; damaged american labor movement
Farmers’ Alliance
New rural movement wanting to take up issues that Grangers and Greenbackers wanted to address; founded in Texas during depression of 1870s; motivated by harsh conditions farmers endured like drought and changing prices of crops
Interstate Commerce Act
Counteracted a supreme court decision that struck down states’ authority to regulate railroads; created the ICC in charge of investigating interstate shipping, forcing railroads to make rates public, and suing in court when necessary
American Federation of Labor
Created by trade unionists who left the Knights of Labor after Haymarket incident; led by Samuel Gompers; made up of skilled and well paid workers; wanted to win large shares of company rewards
Andrew Carnegie
Wrote Gospel of Wealth in 1889; from Scotland and created steel mill outside of Pittsburg
Gustavus Swift
Invented the assembly line and pioneered vertigal integration; constructed factories to make fertilizer and chemicals and developed marketong strategies when it comes to slaughterhouses
John D. Rockefeller
King of petroleum; went into kerosene business after being a grain dealer; his firm Standard Oil was Cleveland’s leading oil refiner; used vertical integration and horizontal integration
Henry George
Wrote Progress and Poverty (1879), warned that Americans had been optimistic about the impact of railroads and manufacturing but that emerging industry meant permanent poverty; proposed a federal single tax on landholdings
Terence Powderly
Leader of the Knights of Labor; warned that abuse of liquor robbed many workers of their wages as did ruthless employers
Leonora Barry
Full time women’s organizer for the Knights; was an Irish widow that was forced into factory work after her husband;s death so became labor advocate out of horror with conditions she experiences; investigated and exposed evidence of sexual harassment at the job
Samuel Gompers
Led AFL for almost 40 years; a Dutch-Jewish cigar maker; believed the Knights relied too much on electoral politics and victories wire limited; wasn’t critical of capatalism