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Big Business and The Robber Barons Essay

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The decades after the Civil War rapidly changed the face of the United States. The rapid industrialization of the nation changed us from generally agrarian to the top industrial power in the world. Business tycoons thrived during this time, forging great business empires with the use of trusts and pools. Farmers moved to the cities and into the factories, living off wages and changing the face of the workforce. This rapid industrialization created wide gaps in society, and the government, which had originally taken a hands off approach to business, was forced to step in. Many individuals took advantage of the rapid industrialization and high influx of cheap labor in the form of immigrants. Among these entrepreneurs were John D. …show more content…

Cornelius Vanderbilt was a steamship and railroad tycoon. He made millions in the steamship business before turning to the promising railroad industry. He began to take capital from the steamship business to buy railroads, starting with the New York and Harlem Railroad in 1862. Vanderbilt eventually amassed over $100 million from his railroad empire and his wealth and power was virtually untouchable. He was a ruthless businessman, once saying to a competitor “You have undertaken to cheat me. I won't sue you, for the law is too slow. I will ruin you.” His New York Central rail line operated from New York to Chicago along more than 4,500 miles of track at the time of his death. George Pullman was the developer of the Pullman Palace Car, creating his own factory town of Pullman, Chicago. With the massive success of the railroads, Pullman made a fortune producing his luxury sleeping cars. He is well known for suppressing his striking workers in Pullman. When a depression struck the country, he slashed wages the wages of his workers while keeping the wages of his associates and the price of living the same. This created uproar and led to a strike amongst his workers, eventually backed by Eugene Debs’ American Railway Union. The strike was violently put down, showing that labor unions had little power to negotiate. These five industrialists and entrepreneurs took advantage of the industrializing America and became

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