ush (5:2) ● the railroads ● pacific railway act (1862) – began railroad boom – two companies...
Post on 12-Jan-2016
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USH (5:2)● The Railroads
● Pacific Railway Act (1862)– Began railroad boom– Two companies offered as much land as they could take
● The Transcontinental Railroad
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(5:2)● Railroads create “time zones” (1883)
(5:2)● Scandals in the Railroad Industry
● “Credit Mobilier” (1872)– Construction company created by several stock holders
of Union Pacific Railroad
(5:2)● Robber Barons
● Corrupt railroad and business owners
(5:2)Famous Robber Barons
● John D. Rockefeller– Standard Oil
(5:2)● John Jacob Astor
– Fur, real estate
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● Andrew Carnegie– Steel
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● J.P. Morgan– Banking, steel
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● Milton Hershey– Chocolate
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● Andrew Mellon– finance
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