Big Business and Immigration

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173 Terms

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Trusts
Giant corporations
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Captains of Industry
Owners of giant corporations during the 1900s
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Cornelius Vanderbilt
Created a RAILROAD empire
Nicknamed the Commodore
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Albany Bridge
Only railroad that lead into New York, Owned by Vanderbilt
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John D. Rockefeller
Created an OIL empire, Standard Oil , monopoly, philanthropist, formed trust in NYC, distributed dividends (profit) to stockholders, called son his "greatest fortune"
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Standard Oil Company
Controlled 90% of US oil, guaranteed a uniform quality of oil, Refined oil turned into gasoline and kerosene, supplied Tom Ford's cars
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Philanthropy
Helping others by giving away money to causes they believe in
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Tom Scott
President of the Pennsylvania Railroad
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Andrew Carnegie
Created the STEEL empire with the help of the Bessemer Process, protégé of Scott (Pennsylvania Railroads), built bridge across Mississippi R., first defense contractor (warships), philanthropist, said they were "bees that made most honey, ate the most honey, yet contributing the most to the hive"
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Bessemer Process
A process for making steel efficiently, patented in 1856, developed by Bessemer and Kelly
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St. Louis Bridge
First steel bridge that connected the East and West of the Mississippi River
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Homestead Strike
Strike at Andrew Carnegie's steel plant against Henry Frick
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J.P. Morgan
Created the INVESTMENT BANKING empire, merger, funded Thomas Edison's research on electricity, his home was the first to be lit w/ electricity, formed United Steel Co. (1st billion $ co.), philanthropist
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Morganization
Morgan's strength- Combining rival companies, which reduced competition, workers, and pay but also increased worker hours and profit
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Thomas Edison
Inventor who was funded by Morgan to research electricity, believed in direct current, believed alternating current was too dangerous
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Edison Electric Light Company
Funded by Morgan to light up thousands of homes in Manhattan
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Alternating Current (AC)
Generated more power and effective than Direct Current (DC) but more dangerous, Pushed by Tesla
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Tesla
Worked under Edison and encouraged the idea Alternating Current (AC) for electricity but turned down, funded by Westinghouse
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Westinghouse
Funded Nikola Tesla's research on electricity, created air braking system for trains
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General Electric Company
Formed when Morgan bought most of Tesla's patents when Westinghouse couldn't fund him anymore
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United Steel CO
Controlled 60% of Steel, First billion dollar company, Bought by Morgan from Carnegie
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Rockefeller Foundation
Advanced public health for decades
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Mark Twain
American Writer who called the growth of corporate America as the Gilded Age
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Gilded Age
A period where it was glittering on the surface but corrupted underneath, writen by Twain and Warner
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Robber Barons
Negative term used to describe Captains of Industry because of the fact that they used ruthless practices to destroy competition and took advantage of workers.
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Spencer
English philosopher and sociologist who applied the theory of natural selection to human societies (1820-1903)
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Social Darwinism
developed by Spencer, takes the same idea as Darwinism (Natural Selection in society) "Survival of the fittest"
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1896 Presidential Election
Election R-McKinley (funded and pushed by the captains of industry), D-Jennings Bryan (Appealed the common workers), McKinley won
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Unions
Formed in the late 1800s, people went on strikes but easily replaced by desperate workers.
Most did not include recent immigrants, African-Americans, or women
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Scab
Negative term for workers who refused to go on strikes or replacement workers
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Nativism
A policy of favoring native-born individuals over foreign-born ones
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Ellis Island
Immigration processing center that open in New York Harbor in 1892, which replaced Castle Garden. 5/6 people who entered were allowed in, 40% of Americans have ancestry who came through Ellis Island, "Isle of Hope"/"Isle of Tears"
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Angel Island
immigrant processing station that opened in San Francisco Bay in 1910
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Great Plains
The grassland extending through the west-central portion of the United States
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Natural World
Powerful spirits that controlled events believed by Plains Indians
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Sitting Bull
Hunkesni or Slow
Earned the name Tatanka Iyotanka after a fight with the Crow
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The Bozeman Trail
ran directly through Sioux hunting grounds in the Bighorn Mountains
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Treaty of Fort Laramie
the treaty requiring the Sioux to live on a reservation along the Missouri River
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Red River War
war between Kiowa and Comanche; General Sherdian ordered to destroy the village killing all men and kidnapping women and children
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The Dawes Act
broke up the reservations and gave some of the reservation lands to individual Native Americans to farm
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The Battle of Wounded Knee
Brought the Indian Wars to an end, Seventh cavalry slaughtered
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Latimer
African American inventor of the carbon filament improving the light bulb
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McCormick and Deere
used steel to create mechanical farming equipment such as reapers and plows
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Gesner
Discovered how to distill the fuel from oil or coal
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Drake
first person to use steam engine to drill for oil, petroleum industry pioneer, "black gold"
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Pullman
built a factory for manufacturing sleepers and other railroad cars on the Illinois prairie, driven by profit motive
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Pullman Palace Car Company
company creating sleeper cars that made long-distance travel more comfortable
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Central Pacific Railroad
Owned by Crocker; Employed thousands of Chinese immigrants; laid railroads on Sierra Nevada mt. range
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Union Pacific Railroad
Hired Irish immigrants and desperate Civil War veterans
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Promontory Point
Where Central Pacific and Unions Pacific met
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Dowd
proposed that the earth's surface be divided into 24 time zones, American would be in 4
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Flagler
Purchased and built railroad lines to link Florida, including the Florida Keys to the rest of the country
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Credit Mobilier
A construction company formed by stockholders in the Union Pacific Railroad
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Granger Laws
A set of laws designed to address railroad discrimination against small farmers, covering issues like freight rates and railroad rebates.
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Interstate Commerce Act
Established the ICC (Interstate Commerce Commission) - Supervises railroad activities
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Laissez-faire capitalism
Allows companies to conduct business without intervention by the government, "to let do"
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Vertical Integration
Practice where a single entity controls the entire process of a product, from the raw materials to distribution
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Horizontal Integration
Type of monopoly where a company buys out all of its competition. Ex. Captains of Industry
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Sherman Antitrust Act
Passed by Congress in 1890 which made it illegal to form a trust that interfered with free trade between states or with other countries
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National Labor Union (NLU)
Formed in 1866 by H. Sylvis (ironworker)
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Colored National Labor Union (CNLU)
Led by Isaac Meyers
Created because NLU refused to admit African Americans
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Noble Order of the Knights of Labor
In 1869 Uriah Stephens focused his attention on individual workers
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Craft Unionism
Included skilled workers from one or more trades
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Cigar Makers' International Union
Led by Samuel Gompers
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The American Federation of Labor (AFL)
Gompers as its president was able to reach written agreements on wages, hours, and working conditions
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The American Railway Union (ARU)
Led by Debs (became socialist after reading Marx' works), this union supported the Pullman strike.
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Industrial Workers of the World (IWW) or the Wobblies
Headed by "Big Bill" Haywood, welcomed African Americans
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National Reclamation Act
encouraged the irrigation of arid land and created new farmland in western states.
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Melting pot
a mixture of people of different cultures and races who blended together by abandoning their native languages and customs
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Anglo-Saxons
Germanic ancestors of the English, superior to other ethnic groups
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Hall
founder of the Immigration Restriction League, said "new immigrants" caused problems, "old immigrants" were desirable
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The American Protective Association
A nativist group founded in 1887, launched vicious anti-Catholic attacks, and many colleges, businesses, and social clubs refused to admit Jews, influenced passing of literacy tests
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Kearney
Workingmen's Party, headed anti-Chinese movement in California, wanted to rid cheap Chinese labor
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Chinese Exclusion Act-
banned entry to all Chinese except students, teachers, merchants, tourists, and government officials
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Gentlemen's Agreement of 1907-1908,
Agreed to limit the emigration of unskilled workers to the US in exchange for the repeal of the San Francisco segregation order
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The Immigration Act of 1917
Barred immigration from India, Indochine, Afghanistan, Arabia, the East Indies, and other small Asian countries
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Immigration Restriction League
Pushed literacy test as a requirement for admission
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Emergency Quota Act
Limited the number of immigrants entering the US; Favored the older Anglo-Saxon and Northern European stock; 3% of the size of each nationality group that had been living in the US
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City dwellers
Immigrants who streamed into the US and cities during the 19th century
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The Americanization Movement
was designed to assimilate people of wide-ranging cultures into the dominant culture
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Social Stratification
organization of people into social classes by wealth EX: New York City
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International Ladies' Garment Workers' Union
Many immigrant women joined this union and went on series of successful strikes
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Mass Transits
innovations in transportation systems designed to move large numbers of people along fixed routes
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Scavengers
Private contractors were hired to sweep the streets, collect garbage, and clean outhouses
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The Settlement House Movement
Emphasized social change through a moral-ethnical code rather than religious doctrine
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Social Gospel Movement
preached salvation through service to the poor;
Gladden was one of the founders
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Settlement Houses
Community centers in slum neighborhoods that provided assistance to people in the area especially immigrants; Stover and Coit founded settlement houses in the US
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Jane Addams and Chicago Hull House
One of the most influential members of the movement
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Locust Street Social Settlement
Established by Janie Porter Berrett in Hampton Virginia
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Social Mobility
the ability of families or individuals to move into a higher social class
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The Political Machine
a party organization that recruits members by dispensing patronage
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Political Boss
representative for or head of the political machine; gained votes for their parties by doing favors for people.
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Tammany Hall
Helped Immigrants with Naturalization (Attaining full citizenship)
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Graft
Illegal use of political influence for personal gain
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Kickbacks
Taking illegal payments for services made.
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Boss Tweed
Head of Tammany Hall leading the Tweed Ring, group of corrupt politicians that defrauded NYC
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Patronage
Practice of giving government jobs to people who helped a candidate get elected;
Also known as the Spoils system by Jackson's administration
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Civil Service
Government administration;
Believe by reformers that jobs should go to the most qualified
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Garfield
20th President; independent presidential candidate, Ohio Congressman, shot by Guiteau, leading Arthur to become pres
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Pendleton Civil Service Act of 1883
authorized a bipartisan civil service commission;
Appointments to federal jobs through a merit system based on candidates' performance