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INDUSTRIAL SUPREMACY.

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Presentation on theme: "INDUSTRIAL SUPREMACY."— Presentation transcript:

1 INDUSTRIAL SUPREMACY

2 Factors that Contribute to Growth of American Industry

3 *Abundant Raw Materials *Growing Labor Supply *Technological Innovations *Emergences of Talented, Ruthless Entrepreneurs *Gov. eager to help Business *Large, Expanding Market

4 Technology & Industry *Cyrus Field – Transatlantic Cable 1866

5

6 *A.G. Bell Phone 1876 by 1890 AT&T ½ million phones

7

8 Steel *Bessemer Process *Abram Hewitt-Open Hearth Process

9 Iron Ore Freighters

10 Pittsburgh 1900

11 Marconi & the Radio 1896

12 Wright Brothers

13

14 Samuel Langley

15

16 1901 Glider

17

18 Wilbur Wright October 29, 1909

19 1893 Charles & Frank Duryea

20 1896 Ford Quadricycle

21 Science of Production

22 Frederick Winslow Taylor
Scientific Management “Taylorism”

23 Subdivide tasks to speed production

24 Ford Assembly Line *cuts time from 12 ½ to 1 ½ h *cuts price $950 1929 $290

25

26 Menlo Park

27 Thomas Edison

28

29 Edison and George Eastman

30 Firestone Ford Burroughs and Edison

31 Railroad

32 Mileage 30,000 in 1860 193,000 in 1900

33 Cornelius Vanderbilt James Hill

34

35 J. P. Morgan

36 Robber Barons

37 Andrew Carnegie

38 Horizontal Integration

39 Vertical Integration

40 Corporation Trust Holding Company

41 John David Rockefeller

42 Forces Railroad to cut prices for him
Uses both horizontal & vertical integration by age 33 owns 90% of refineries

43 Undersells competition to force them either into bankruptcy or to sell
Becomes the first billionaire

44

45 Herbert Spencer Social Darwinism

46 Gospel of Wealth

47 Andrew Carnegie

48 Skibo Castle

49

50 Horatio Alger

51                                                       

52 Henry George

53

54

55 1893 Economic Recession 1% owns 88% of assets 10 million below poverty line

56 Immigration

57 Labor Contract Law *Allows employers to pay for passage – deduct from pay *repealed 1885

58 Minimum income for reasonable level of comfort:
$600 Average income for American Worker: $

59 Women in 1900: 17% of industrial work force 20% of women work

60 1900: Ave Salary Male: $597 Female: $314

61 Child Labor *1.7 million under 16 *10% girls 20% boys

62 1907 Average # of Railroad workers killed:
12 Per week

63 Triangle Shirtwaist Company Fire
March 25,1911 146 killed

64

65

66 Bodies of jumpers

67

68 $75 Owner found not guilty in criminal trial
Civil suit is won by families of victims who are awarded: $75

69 Molly Maguires

70

71 The Great Railroad Strike
1877 Eastern railroads cut wages by 10% Workers disrupt rail service throughout the East

72 State and Federal troops called out to stop demonstrations around country
Over 100 killed in different cities

73 Knights of Labor 1869 Open to all who toil Except: Lawyers Bankers Liquor Dealers Gamblers

74 Goals: 8 hour work day no child labor

75 American Federation of Labor

76 Samuel Gompers Secure for workers a greater share of capitalism’s rewards

77 Haymarket Square May 1, 1886

78 Homestead Strike 1892

79

80 Pullman Strike 1894

81 Eugene V. Debs

82 Weakness of Labor *Wages can’t stay with cost of living *Few legislative victories *Represent only small % *Shifting workforce *Strength of forces against them


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