HIS104 Notes

HIS104 Notes - History 104: United States Since 1876...

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E. L. Drake was the first successful oil driller. He produced annually 2-3 million barrels per year (miniscule by today’s standards) mostly for kerosene. Rockefeller fancied himself a philanthropist and idealist. He funded many worthy causes, was often seen giving nickels to children. He denied wanting wealth. He believed that his business practices were brining stability and building up the United States. He was also a staunch defender of competition History 104: United States Since 1876 Syllabus Wednesday January 9 Assigned reading on ERes Investigation: Hill and Debs PowerPoint John D. Rockefeller Oil king Rise of industrial America Biography Born 1839 Rockefeller was a farmer’s son, chose to go into business instead of going to college Supplied Union army with his partnership Built an oil refinery near Cleveland 1865- operated largest of Cleveland’s oil refineries 1870- Founded standard oil. The company was representative of a new corporate America. His company would became very powerful. Business tactics Rebates- Rockefeller negotiated secret rebates from railroads that would allow him to ship cheaper than any of his competitors. Vertical integration- Rockefeller dominated the source, processing, and distribution of his product -He bought oil fields in Ohio and Indiana- Cutthroat competition- Rockefeller could sell at a loss for a time until he broke the backs of his competitors. Then, he would raise the prices in his newly won market. Bribery- At one point the Pennsylvania legislature was persuaded to pass a law making Standard Oil the only legal supplier of oil in PA At one point JDR was worth 900 million- more than the U.S. Federal budget. This makes him the wealthiest man in American history Anti-trust laws led to the break up of Standard Oil in 1911
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Deb’s Legacy call for community to offset individualism stimulated reform some specific proposals later adopted: social security, minimum wage, unemployment benefits Friday January 11 -ERes Samuel Gompers- American Federation of Labor Joe Hill Industrial Workers of the World Extremist Group Accepted everyone- race/creed/gender Committed to nonviolent overthrow of capitalism Bio Joe Hill came to the Us in 1900 Traveled from place to place looking for low-paying jobs Began association with IWW Wrote and produced pro-union songs “Little Red Songbook: to fan the fires of discontent” Casey Jones- one of Joe Hill’s songs. Parodied the railroad hero of the same name saying he was a union scab. Scab-someone who replaces a striker. Monday January 14 Eugene V. Debs Born in 1855 in Terre Haute Indiana, an oasis of traditional values Worked on the railroads, joined BLF (Brotherhood of Locomotive Freeman) becoming national secretary for the group 1893- American Railway Union! Membership was about 150,000 in 1894. The union led a strike against the Great Northern Railroad. In mid 1980’s Debs responded to the strike of workers on the Pullman Railway
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This note was uploaded on 04/27/2008 for the course HIS 104 taught by Professor Hamilton during the Spring '08 term at Spring Hill.

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HIS104 Notes - History 104: United States Since 1876...

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