Early 19c Industrialization in America: The Market Revolution.

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Early 19c Industrialization in America: The Market Revolution.
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Presentation transcript:

Early 19c Industrialization in America: The Market Revolution

The Transportation Revolution

First Turnpike- 1790 Lancaster, PA By 1832, nearly 2400 mi. of road connected most major cities.

Cumberland (National Road), 1811

Conestoga Covered Wagons New Wagons and paved roads allow goods to be shipped to more location faster and cheaper Conestoga Trail, 1820s

Erie Canal System

Erie Canal, 1820s Begun in 1817; completed in 1825

Robert Fulton & the Steamboat Can travel up stream 1807: The Clermont

Principal Canals in 1840

Inland Freight Rates

Clipper Ships 1840 New ships and canals allow goods to move to more locations faster and cheaper then over land

The “Iron Horse” Wins! (1830) 1830  13 miles of track built by Baltimore & Ohio RR By 1850  9000 mi. of RR track [1860  31,000 mi.]

The Railroad Revolution, 1850s Immigrant labor built the North RRs. Slave labor built the South RRs. Allows for more settlement of the West Goods can be shipped to new places

New Inventions: "Yankee Ingenuity"

Eli Whitney’s Cotton Gin, 1791 Actually invented by a slave! Allows South to produce cotton quickly which the Northern factories need to make textiles Actually invented by a slave!

Eli Whitney’s Gun Factory Interchangeable Parts Rifle – forefather of the assembly line

First prototype of the locomotive Oliver Evans First automated flour mill First prototype of the locomotive

John Deere & the Steel Plow (1837)

Cyrus McCormick & the Mechanical Reaper: 1831 Technology helps farmers plant more crops and harvest them quicker

Samuel F. B. Morse 1840 – Telegraph

Cyrus Field & the Transatlantic Cable, 1858 Information spread faster making the world seem smaller

Elias Howe & Isaac Singer 1840s Sewing Machine Textiles no longer need to be hand sewn

The Northern Industrial "Juggernaut"

Boom/Bust Cycles: 1790-1860 The blue line shows, for comparison, the price of a year’s tuition at Harvard College. In 1790 it was $24, but by 1860 had risen to $104.

Distribution of Wealth During the American Revolution, 45% of all wealth in the top 10% of the population. 1845 Boston  top 4% owned over 65% of the wealth. 1860 Philadelphia  top 1% owned over 50% of the wealth. The gap between rich and poor was widening!

Polarization of Wealth in the 20c

Samuel Slater (“Father of the Factory System”) Works in British Factory and steals ideas for their machines

The Lowell/Waltham System: First Dual-Purpose Textile Plant Francis Cabot Lowell’s town - 1814

Lowell in 1850

Lowell Mill

Early Textile Loom 1785-1830

Early Textile Mill Loom Floor

New England Textile Centers: 1830s

New England Dominance in Textiles North had more textile factories but depended on the cotton from the South

Starting for Lowell

What was their typical “profile?” Lowell Girls Average age – 24 Contracts for 1 year (average stay 4 years) 5 am -7 pm (Average 73 hrs week) Average salary $2-3 a week Challenge traditional female roles but paid half as much as a men What was their typical “profile?”

Lowell Boarding Houses What was boardinghouse life like? 25-40 women lived in each boarding house, with up to six sharing a bedroom Cost 1.25-1.50 a week Would foster community as well as resentment What was boardinghouse life like?

Irish Immigrant Girls at Lowell

What's Happening in America by the 1850s?

Regional Specialization EAST  Industrial SOUTH  Cotton & Slavery WEST  The Nation’s “Breadbasket”

American Population Centers in 1820

American Population Centers in 1860

National Origin of Immigrants: 1820 - 1860 Why now?

Changing Occupation Distributions: 1820 - 1860

Investment Game You will have the chance to invest in 5 different rounds – 1820, 1830,1840,1850,1860 You will have a $1,000 dollars to invest with in each round (you don’t reinvest your earnings) You can invest all 1,000 in one company or invest 500 in two companies. (You can not invest in more the 2 companies) You can work with a partner to minimize investment risk (still only get 1,000 to work with and will have to share prize if you win) During each round you will write on the back of the Investment Opportunities Game why you invested in that company at that time. Remember to keep in mind when things were invented

Baltimore and Ohio Railroad Enterprise 1820-29 500 1000 Lowell Textile Lancaster Turnpike 200 400 Ohio and Erie Canal 50 100 Western Steamboat Baltimore and Ohio Railroad Magnetic Telegraph Co.

Baltimore and Ohio Railroad Enterprise 1820-29 500 1000 1830-39 500 1000 Lowell Textile 150 300 Lancaster Turnpike 200 400 Ohio and Erie Canal 50 100 Western Steamboat Baltimore and Ohio Railroad Magnetic Telegraph Co.

Baltimore and Ohio Railroad Enterprise 1820-29 500 1000 1830-39 500 1000 1840-49 Lowell Textile 150 300 250 500 Lancaster Turnpike 200 400 50 100 Ohio and Erie Canal Western Steamboat 600 Baltimore and Ohio Railroad Magnetic Telegraph Co.

Baltimore and Ohio Railroad Enterprise 1820-29 500 1000 1830-39 500 1000 1840-49 1850-59 Lowell Textile 150 300 250 500 600 Lancaster Turnpike 200 400 50 100 Ohio and Erie Canal Western Steamboat Baltimore and Ohio Railroad Magnetic Telegraph Co.

Baltimore and Ohio Railroad Enterprise 1820-29 500 1000 1830-39 500 1000 1840-49 1850-59 1860-69 Lowell Textile 150 300 250 500 600 Lancaster Turnpike 200 400 50 100 Ohio and Erie Canal Western Steamboat Baltimore and Ohio Railroad 800 Magnetic Telegraph Co.

Baltimore and Ohio Railroad Enterprise 1820-29 500 1000 1830-39 500 1000 1840-49 1850-59 1860-69 Lowell Textile 150 300 250 500 600 Lancaster Turnpike 200 400 50 100 Ohio and Erie Canal Western Steamboat Baltimore and Ohio Railroad 800 Magnetic Telegraph Co.