The Industrial Leaders of the 19th Century Should be Admired for their Work

Andrew Carnegie was one of the wealthiest men in America but his wealth didn’t come without hard work and dedication. Carnegie was born in “Dunfermline, Scotland on November 25, 1835” (Tyle). According to Laura B. Tyle, the invention of the weaving machine unfortunately pushed Carnegie’s family in to poverty “In 1848, Carnegie’s family left Scotland and moved to Allegheny City, Pennsylvania, where his father and eventually him worked in a cotton factory” (Tyle). After leaving the cotton factory “Carnegie became a messenger boy for the Pittsburgh telegraph office and eventually made his way up to telegraph operator” (Tyle). According to Laura B. Tyle “Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad, made Carnegie his secretary at the age of eighteen.” Later, Carnegie took over Scott’s position of the railroad. Furthermore Carnegie “began to see that steel was going to replace iron and by 1873 he organized a steel rail company” (Tyle). According to Laura B. Tyle he continued to build his company when he “cut prices, drove out competitors,

Andrew Carnegie, the “King of Steel”, the benevolent employer, the giant of industry, was among the greatest influences of the second industrial revolution. It is sometimes questioned whether Carnegie was the ruthless, sneaky steel tyrant some made him out to be, or the generous, benevolent education benefactor he appeared to be. I believe him to be a combination of both, but more so the great giant of industry.

One of the best-known philanthropists was the American industrialist Andrew Carnegie, who devoted the latter part of his life to giving away most of the huge fortune he had amassed in the steel industry. Following the principles laid down in his essay “Gospel of Wealth” , Carnegie returned over $300 million

Cornelius “ Commodore” Vanderbilt is known as the man who industrialized the American railroad. He owned and and operated a majority of railroads in the country and was one of the richest men in America. When he past, his empire was given to his son. William H. Vanderbilt is shown in Document 1, which is an interview with the Chicago Daily News in 1882. It shows how ruthless the Vanderbilt empire truly is. William denounces the public for their use of the limited express, saying that he does not care for anyone's wellbeing other than his own. William Vanderbilt speaks on how railroads are not built for the public but instead for investors, which shows his materialistic nature. This information is coming first hand by William Vanderbilt himself, as he speaks of his consumers as if they

Cornelius Vanderbilt was the the leader of steamboats and railroads who built important infrastructures in the 1800s that helped the American economy to thrive. According to Charles R. Geisst in his article Vanderbilt, Cornelius, before Vanderbilt entered the steamship industry, he already owned a shipping business, but due to its unprofitable future because of the competition with the newly introduced steamboats, he decided to sell all of his current ships and decided to enter the steamship industry business.

Cornelius Vanderbilt gained much of his wealth and prominence through hard work in the railroad and shipping industries (Cohen n. pag). BY the time he died, his railroad company he owned was worth well over one-hundred fifty million dollars. Most of his estate was left to his son William, George’s father ("Vanderbilt, Cornelius [1794-1877]" n. pag). While in control of the Vanderbilt fortune, William doubled the size (The Vanderbilt

The “Captains of Industry” (Carlyle, 1843) were men that furthered the Industrial Revolution and gain a large sum of money in the wake. Andrew Carnegie, known for his advancements of the steel industry, John Rockefeller, oil tycoon and Henry Ford, founder of the Ford Motor Company, are just a few of the men that helped to shape the industrial era. As always, with great gain comes great losses and the people who worked for these men were not always treated properly. The mass amount of population willing to work and able to do the jobs created by these industries, drove down the amount of wages the owners were willing to pay. Skilled workers were often replaced by unskilled replacements if they became unhappy about the work load (Leonard 1979). The lack of government regulations on the businesses also contributed to the conditions the workers were forced to endure to make those small wages. Soon the labors joined forces to create unions and would strike to show this disapproval with the system the owners had created. Most of these strikes would end in violence due to the works demands not being met. Fortunately, these unions did create safer working environments, helped to raise wages and outlawed the child labor within the

Noteworthy. Andrew Carnegie managed to overtake the business world by storm single handedly. During the Gilded Age, were the economy grew and the rich flourished, he managed to develop wealth and prosper from steel. Despite his actions being genius, they were far from heroic. Carnegie should be considered an eminent business man. Andrew Carnegie, although not a heroic figure, is a legend to the business world due to his innovative pioneering, business techniques, and leadership expertise.

Vanderbilt was the first robber baron during the late 1800s era and the first tycoon to build NYC railroads in dishonest business tactics. He made the Vanderbilt family rich when he started out running steamships, but later ran railroad companies. Running a railroad company is what gave him a name and made him one of the richest men of modern history. The railroads served a huge purpose in urbanization as it connected the east to the west and provided access to new markets for local goods. Vanderbilt helped to encourage westward expansion by investing in

“At age 65 he sold the company to J.P. Morgan for $480 million and devoted the rest of his life to philanthropic activities and writing “ (philanthropy of Andrew Carnegie). Andrew Carnegie founded a total of 14 trusts and institutions, such as “The Carnegie Foundation” and “The Carnegie Foundation for the advancement of teaching”. Both of these foundations gave great amounts of money to good causes and for the purpose of helping and supporting others. As a Philanthropist Carnegie believed in world peace and the well being of everyone. “He established the Carnegie Endowment for International Peace and funded the building of The Hague Palace of Peace, which houses the world Court, in Netherlands” (Americas story from Americas library) . This is an example of how Carnegie has left a mark on the world today. In Carnegie’s later life he wrote ‘The

Cornelius Vanderbilt, Andrew Carnegie, John D. Rockefeller were one of the first tycoons in America. They were very much wealthy as well as happy businessmen that changed America and the economy. Although they did play the role of monopoly, before monopoly became illegal in the U.S. According to encyclopedia.com “Robber Barons were vilified for using the capitalist system to exploit workers, form anti-competitive trusts, and place the accumulation of wealth above all else.”

Cornelius Vanderbilt was a self-made multi-millionaire known for shipping and railroad who end up being one of richest Americans of the 19th century. Cornelius was born on May 27, 1794, in the Port Richmond area of Staten Island, New York. Cornelius was at first a passenger ferry business in New York harbor with one boat, then started his own steamship organization, and eventually controlling Hudson River Traffic. Cornelius likewise gave the primary rail benefit between New York and Chicago. When he passed away in 1877, Vanderbilt had amassed the biggest fortune aggregated in the U.S. around then. According to biography.com, Vanderbilt is regarded as one of America's leading businessmen and entrepreneur and is attributed for forming the present-day

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.

John D. Rockefeller went down in history as one of the richest men in the world. Rockefeller founded Standard Oil with a few other people when scientists working for them found a way to refine oil into Kerosene. When this product came out, it gave people the opportunity to mainly light their homes after dark. Rockefeller used the concept of scarcity, ruthless tactics, and transportation rebates to buy out his competition and gain control of the oil industry while giving America its first example of a monopoly. When Rockefeller was a kid, he learned the concept of scarcity and how to be ruthless.

John Davison Rockefeller co-founded Standard Oil Company, the largest oil company in the world until the United States Supreme Court ordered to break the company from its monopoly in 1911.284 He along with chemist Samuel Andrews and Clark brothers founded a refinery when Whale oil had become too expensive for the masses, and a cheaper, general-purpose lighting fuel was needed.285 His wealth continued to grow significantly, in line with U.S. economic growth as the demand for gasoline soared, including significant interests in banking, shipping, mining, railroads, and other industries. The railroads were fighting fiercely for traffic and, in an attempt to create a cartel to control freight rates, formed the South Improvement Company in collusion with Standard oil and other oil men outside the main oil centers, which enabled him to crush his competitors through volume rebates. In 1911, with the dissolution of the Standard Oil trust into 33 smaller companies, Rockefeller became the richest man in the