How Did Cornelius Vanderbilt Impact On America

“Commodore” Cornelius Vanderbilt, also known as the founder of the New York Central Railroad System, was born on May 27th, 1794 in Port Richmond, Staten Island, New York. He was named after his father, who “...instilled in him a blunt, straightforward demeanor...” while his mother, Phoebe Hand instilled “...frugality and hard work....”. It is known that his family has roots in De Bilt, which is a town in the Netherlands.

The article, “Creating the System: Railroads and the Modern Corporation”, informs us all about the development of the transcontinental railroad and how it helped drive the nation west and also transformed western North America into a economy that had many opportunities. The railroads have always interested me when it comes to this period of time. What I learned from the reading that I didn’t know before was that the Western railroads were primary carriers of grain, other agricultural produce, livestock, coal, lumber and minerals. Also seeing the prices that the farmers shipped their products for, and what they paid for the freights rates was very interesting. Overall, if the railroads wouldn’t have been built in a time when there was so little

Larry Page once said, “Especially in technology, [we] need revolutionary change, not incremental change.” Whether he is speaking about the Transcontinental Railroad system or the latest iPhone, what he says is true. If change is going to happen, it needs to bring a revolution of some kind along with it, otherwise, it will just become lost in history. This makes us wonder, how did the railroad system affect the US? The railroad system benefited the US most economically by industrializing towns it ran through, lowering shipping costs, and allowing for mass imports and exports.

owned much of the railroads. But he owned the most important railroad the only one that went

Cornelius Vanderbilt was born in Port Richmond on Staten Island, N. Y. in 1794. Cornelius at the age of 16 had already stepped into the busniess world and he didn’t even know it. At 16 he entered into the steamboat business when he

Richard White’s 2011 book titled Railroaded: The Transcontinentals and the Making of Modern America is about the corrupt and mismanaged transcontinental railroads and bold arguments of the story how they came and went. In this book White describes how the construction of the transcontinental railroads across the US in the late nineteenth century would change America socially, economically, and politically. He also describes the companies that built these railroads and argues with three main points on why they were corrupt companies. First I’d like to go over the three different ways that the railroads would affect America, socially, economically, and politically.

The transcontinental railroad was the most influential innovation of the United States, that brought a revolution of how people traveled. One year after the Civil War ended the people of the United States were looking for a way to unite their country back together. This helped mold the United States as to what it has become today. It helped people cross the country and improved how goods were transported. The man that was forming the transcontinental railroad was a merchant named Asa Whitney. He had asked the government for funding to construct one of the greatest innovation of the United States. “Two railroads, the Central Pacific starting in San Francisco and a new railroad, the Union Pacific, starting in Omaha, Nebraska, would build the rail-line.” (ushistory.org). One fear of building the railroad was the danger of the “Great American Desert” because of the lack of resources. The Central Pacific was primarily made by Chinese immigrants. The Union Pacific was primarily made up of Irish immigrants. By spring of 1866 the Central Pacific had only build 68 miles of track from Sacramento, while the Union Pacific going west from Omaha built 200 miles of track in less than a year. Therefore the Union Pacific made millions more. The next three years the railroads would continue to try and make history.

Its social and economic impacts dwell greatly in the 1800’s to the era of 2000’s as trains have always turned America into something greater in those times where travel and transport were at its hardest, but in 1862 congress passed a bill in which it would forge new history all together with the Pacific Railroad Bill and several grants that allowed financial support for Railroad companies primarily Central Pacific

Cornelius Vanderbilt was the most powerful railroad baron. He earned a fortune for himself in the steamship line. He also combined the New York and Harlem and New York and Hudson estate ferry boat operations. He established a connection between New York and Albany to make Lake Shore and Michigan Southern link Buffalo with Chicago. When he died he owned and operated nearly 4500 miles of track between New York City and most of the important cities in the Midwest. He left his fortune to his son, unlike the others he did not donate to many organizations. The only contribution he gave was to support the, now, Vanderbilt College.

The Transcontinental Railroad was one of the most ambitious engineering projects, economic stimulants, and efficient methods of transportation in the early United States. If completed, the United States would be truly be united from east to west. The purpose of this paper is to examine how the Transcontinental Railroad helped develop new opportunities for many aspects of American life.

Cornelius Vanderbilt was a steamship and railroad tycoon. He made millions in the steamship business before turning to the promising railroad industry. He began to take capital from the steamship business to buy railroads, starting with the New York and Harlem Railroad in 1862. Vanderbilt eventually amassed over $100 million from his railroad empire and his wealth and power was virtually untouchable. He was a ruthless businessman, once saying to a competitor “You have undertaken to cheat me. I won't sue you, for the law is too slow. I will ruin you.” His New York Central rail line operated from New York to Chicago along more than 4,500 miles of track at the time of his death.

And it was there that railroads began to have a significant impact on the development and expansion of American society.

Although Carnegie liked to be the tough businessman, he was not a monopolist and did not like monopolists. On the other side of the pool, Rockefeller was dominating the oil industry with no mercy. He believed in primitive savagery in the world of business, where only the fittest survived. He helped coin the term ‘ruin or rule.’ Rockefeller had a great belief in ruthless business, yet Carnegie did not. But in the end both had the most successful companies in their industries.

The richest man in the world, in his time, was Andrew Carnegie. His story of success was truly one of rags to riches. After coming to the U.S. from Scotland as part of a working-class family, he moved from job to job, eventually becoming more influential and gaining a large sum of money. Soon he was using his wealth to contribute to many public services, such as libraries and schools. Andrew Carnegie's life and actions have left a long-standing legacy and have contributed greatly to the American way of life, particularly toward education.

Another great invention of transportation during this time was the train. America’s first train was invented by George Stephenson in 1822, and by 1825 the train was the first locomotive. Obviously everything at this time was made by hand, and every part of this engine had to be hammered into shape just like a horseshoe. John Thorswall, a coalmine blacksmith, was George’s assistant. The invention of George was very important in America because it allowed transportation from place to place in a quicker time. This boosted the economy by helping distribute many goods all around the country. Even letters were being delivered faster, so communication was increasing.