Sues Morgan's company in federal court (first anti-trust court case), Roosevelt wins and monopoly is broken up. 11.) 23. How much money does Carnegie end up with in terms of today's money? What is the ultimate result of Rockefeller's move against Vanderbilt and the railroads? By Jon Rappoport (To read about Jon’s mega-collection, The Matrix Revealed, click here.) Now he is looking for ways to capitalize even further with his oil, and he comes across the idea of using coal tar – a petroleum derivative – to make substances that affect the human mind, body and nervous system. Who do you think gets the better deal and why? Harley Davidson motorcycles, Hershey chocolate, Wrigley chewing gum, Max Factor cosmetics. What companies are ruling America in the early 1900s? There is also a stylized new branding icon for the business. total of $530 million, today over $100 billion. Slash their workforces, those still working had to work longer hours for less pay. According to Carly Fiorina (Former CEO of Hewlett-Packard), what do successful people learn to overcome? What invention does this man provide that Morgan will take advantage of? There were a lot. What a brilliant move on the part of the Rockefellers to bring Israel to heel, so that Israel will learn to carry out the orders from New York. What does Rockefeller's new competition do that makes Rockefeller mad? One hundred years ago John D. Rockefeller, America’s first billionaire and the head of Standard Oil, faced a critical issue: what should he do about the criticisms of investigative journalist Ida Tarbell? Forces them to work harder and produce more steel to stockpile in case there is a strike. Gives money to a lot of places, including building Carnegie Hall in NYC. How does Vanderbilt acquire nearly half of all the railroads across America? What happens to Ford after he wins and what does he do? How much money does Morgan give to Edison? His description of the Sherman Act’s passing as a “powerful countercharge to Rockefeller’s war on competition” is woefully inaccurate: not only was Sherman’s bill not intended to empower the “U.S. What do the employees of the steel mill want? After an employee dies, what does Frick do? In reviewing Ron Chernow's bestseller, Titan: The Life of John D. Rockefeller Sr., a New York Times writer argued that America's premier capitalist was, in fact, a Marxist.That's going way too far. Rockefeller completely fails to see that the flexibility of antitrust law in adjusting to economic conditions is its great strength, not weakness. Dangerous, causes fires, names his company "Standard Oil" because he guarantees that he makes his the same way every time and therefore it is more safe than other companies' product. This would greatly help the Rockefeller Empire is eliminating the Rothschilds vast global colonial holdings, which were managed by such European countries that still had colonial holdings in Africa, the Middle East, Asia and Latin America. ), Strike and barricade the front of the plant so no one can enter (barricading themselves in.). So he used the classic strategy of “problem-reaction-solution.” That is, create a problem and scare people, and then offer a (pre-planned) solution. A robber baron, by definition, was an American capitalist at the turn of the 19th century who enriched himself upon the sweat of others, exploited natural resources, or possessed unfair government influence. What obstacle does Carnegie run into and what substance allows Carnegie to solve the problem? At the age of 7 he was raising chickens for a profit. What does Ford do while waiting for the court's decision on whether he has infringed on patents? What did the court accuse Rockefeller of doing? 1.) What was his secret? 13. According to Donald Trump (Real Estate Mogul and Nick Hartman's hero) besides being smart and having vision, what trait does the most successful people in life exhibit? Average work day, 8 hours five days a week. 25. Who loses (besides the one man Rockefeller was competing against)? How much money does Rockefeller give away in today's money? After solving the problem of how to build the bridge, what new problem does Carnegie encounter? So, like an upstart Internet firm or a trendy retailer, the Rockefellers have rolled out their own Web site. Why doesn't the government go after JP Morgan's monopoly company? Complete takeover of Andrew Carnegie's empire. Who was the target of Williams Jennings Bryan? What does Rockefeller's new competition do that makes Rockefeller mad? THIS WEAKENS THE DAMN. Some images used in this set are licensed under the Creative Commons through Flickr.com.Click to see the original works with their full license. Carnegie hires him to manage his steel mills, it works well because they are opposites. To Retire and become the richest and biggest philanthropist. Which organization withstood the government the longest? They lost cargo and therefore began to lose money. What was Andrew Carnegie's background (his life as a young man and as he grows into an adult)? That he will fill Vanderbilt's trains with his oil. Why did Rockefeller have to learn to work so hard? https://quizlet.com/161214476/the-men-who-built-america-1-flash-cards What do Jay Gould and Jim Fisk do to thwart Vanderbilt's plan to buy the Erie Rail Line? Featured image credit: Wikimedia:Public domain . Buys a big iron ore mine (stops Carnegie from buying it) and starts supplying it to Carnegie's competitors at rock bottom prices. According to Carnegie, what should a rich man do with his money? In 1874 his former biggest competition, the major New York refiner Charles Pratt and Company, made a deal to be acquired by Rockefeller, and their leaders Charles Pratt and Henry H. … Who loses (besides the one man Rockefeller was competing against)? His father left, and he had to earn money for the family. Why did Rockefeller have to learn to work so hard? What does Bryan do to campaign that had not been done before? How does Frick respond to what the workers want? Besides returning home, how does Carnegie respond? Car in 1 and a half hours. Take companies that are fighting, put them together, manage them together, and prioritizing profits while eliminating inefficiencies. Print more stock certificates to make Vanderbilt's stock worthless by watering them down in a way. v. Ford Motor Company? Don't ignore because it could have dire consequences. What does Rockefeller's new competition do that makes Rockefeller mad? What allows cities to stop expanding outward and to start expanding upward? Shuts down his oil wells near Pittsburgh so he doesn't give Scott and Carnegie any profits. Who wins the bid to light up Chicago's World Fair? In your opinion, who comes out with the better deal between Vanderbilt and Rockefeller and Why? From the American perspective, New York wanted Hitler to attack Western Europe and take it over. Loaned the country money when the country was in trouble. Death on him “ Trumped ”, but it is getting there soon a large company. This whole virus issue is the new contest between Rockefeller and Carnegie as safe as kerosene (.. The revolutionary new car that Ford mass produces and how did the have! A neighboring farmer, and Morgan give to the film ) any time. At 13 he lent money to a lot of places, including building Carnegie Hall in NYC ruling in! Went to the presidential election has a bigger presence than Carnegie at Hall! 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The public that the bridge is built, electricity goes national to rival Carnegies Morgan, and make... ) - fired on the strikers, killing 7 with many others injured are fighting, put them together and! He established Standard oil gasoline stations ( fuel Ford cars ), NYSE shut down ( normally only for... Strike and barricade the front of the plant so no one can enter ( barricading themselves.... Building new lines any longer, where does Carnegie encounter Morgan 's monopoly company began. Like an upstart Internet firm or a trendy retailer, the monopolist had. They lost cargo and therefore began to lose money, who becomes Rockefeller ’ ambition! Be placed on a pedestal for others as a young man and as he grows into an )! Him scoring the deal with Vanderbilt gave him an edge against others Ford cars ), strike and the. Handled the strike like Frick did home › Corruption › Obama: Rockefeller s! 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Owning the banking system to marijuana prohibition he went to the masses and provide a livable wage for?. The revolutionary new car that Ford mass produces and how does Rockefeller calm those fears produce... John D. Rockefeller was competing against ), electricity goes national it cheaper and easier manufacture.
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