The Incorporation of America by hBb211q

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									             By: Ms. Susan M. Pojer
Horace Greeley HS Chappaqua, NY with additional
        slides and text by Bob Daugherty
ROBBER BARONS
      or
 CAPTAINS OF
  INDUSTRY?
The ‘Robber Barons’ of the
          Past
The Protectors of Our
     Industries
The ‘Bosses’ of the Senate
                1.Before the 17th
                  Amendment the US
                  Senate was picked
                  by the state
                  legislatures
                2.Many of these
                  legislatures were
                  controlled by the
                  wealthy
                3.The Senate was
                  known as the
                  “Millionaire’s Club”
Modern ‘Robber Barons’??
Iron & Steel Production
U. S. Corporate Mergers
Wall Street – 1867 & 1900




     And Today!
The Reorganization of Work




        The Assembly Line
The Reorganization of Work




 Frederick W.
   Taylor             Gilbreth Family
 The Principles of
                     Cheaper By the Dozen
   Scientific
   Management
   (1911)
CHARLIE CHAPLIN’S
“Modern Times” (1936)
% of Billionaires in 1900
% of Billionaires in 1918
       Regulating the Trusts
1877  Munn. v. IL
    allowed states to regulate certain businesses within their
    borders, including railroads, and is commonly regarded
    as a milestone in the growth of federal government
    regulation
1886  Wabash, St. Louis & Pacific
           Railroad Company v. IL
       Severely limited the rights of states to control interstate
     commerce. It led to the creation of
 1887  Interstate Commerce Commission
        First Federal government attempt to regulate
     business
1890  Sherman Antitrust Act
       Banned any combination that “restrained trade”
1895  US v. E. C. Knight Co.
        sugar case in which the Court severely limited
      government’s ability to regulate trusts
Relative Share of World
    Manufacturing

								
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