Robber Barons and Heads of Capital U.S. History Industrialization Unit Day One

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan Industry Company Notable Charitable Donations Treatment of Workers Other/View of Government Oversight

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroad CompanyMultiple Rail Companies in New York Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Treatment of WorkersWhile building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies.

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroadOil CompanyMultiple Rail Companies in New York Standard Oil of Ohio Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Rockefeller Foundation Gave large donations to Religious and Educational organizations Treatment of WorkersWhile building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Paid higher than market wages Rewarded workers with lengthy vacations and bonuses Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies. Opposed governmental attempts to destroy his oil monopoly

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroadOilSteel CompanyMultiple Rail Companies in New York Standard Oil of OhioCarnegie Steel Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Rockefeller Foundation Gave large donations to Religious and Educational organizations Carnegie Hall Tuskegee Institute Many libraries and Universities Treatment of WorkersWhile building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Paid higher than market wages Rewarded workers with lengthy vacations and bonuses Poor treatment of Workers Long Hours, Low Wages and Unsafe Conditions The Homestead Strike Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies. Opposed governmental attempts to destroy his oil monopoly Bessemer Process makes steel production cheaper and faster.

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroadOilSteelBanking CompanyMultiple Rail Companies in New York Standard Oil of OhioCarnegie SteelJ.P. Morgan and Co. Edison General Electric Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Rockefeller Foundation Gave large donations to Religious and Educational organizations Carnegie Hall Tuskegee Institute Many libraries and Universities Metropolitan Museum of Art American Museum of Natural History Treatment of Workers While building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Paid higher than market wages Rewarded workers with lengthy vacations and bonuses Poor treatment of Workers Long Hours, Low Wages and Unsafe Conditions The Homestead Strike Average for the time period (meaning not good) Played a Key role in the 1900 Pennsylvania Coal Strike Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies. Opposed governmental attempts to destroy his oil monopoly Bessemer Process makes steel production cheaper and faster. Believed that the success large corporations led to the success of the gov’t.