Monopoly On Railroads Issue Analysis

Through the period of 1865-1900, America’s agriculture underwent a series of changes .Changes that were a product of influential role that technology, government policy and economic conditions played. To extend on this idea, changes included the increase on exported goods, do the availability of products as well as the improved traveling system of rail roads. In the primate stages of these developing changes, farmers were able to benefit from the product, yet as time passed by, dissatisfaction grew within them. They no longer benefited from the changes (economy went bad), and therefore they no longer supported railroads. Moreover they were discontented with the approach that the government had taken towards the situation.

In 1890 clergyman Washington Gladden wrote an article called “The Embattled Farmers”. In it he blamed the ruin of the farmers on “protective tariffs, trusts…speculation in farm products, over-greedy middlemen, and exorbitant transportation rates.”

Most of their success was contributed to laissez-faire’s economic system. The government played a large part in funding the accounts acting in the railroad industry. Document G exposes the bonds, grants, and money given out by the government to multiple railroad companies. This caused the citizens to have to pay a much higher tax in order for the government to contribute to railroad companies. Never the less in the 1870’s Congresses resolution was passed. This states “no subsidy in money, bonds, public lands, endorsement, or by pledges of the public credit, should be granted by Congress to associations or corporations engaged or proposed to engage in public or private enterprise” as seen in Document F. They were trying to limit certain aspects of the companies, directly contradicting the laissez-faire idea. After this resolution was passed the land was put on sale for 125-250 per acre. At this point the larger companies began to buy the land surrounding the railroads and selling it off piece by piece at much higher

Why did farmers express discontent during 1870-1900 and what impact did their attitudes and actions have on national politics. Manufacturing hit a huge growth rate during this period which cause agriculture to decline, and cause farmers to struggle to make a living. The farmers were now being abused by the railroad companies and banks. The documents in DBQ 8 show rationality for the farmer’s protests, exclusively on bank mortgage tariffs and the gold standard. Two particular groups became popular during this period and that would be the Grangers and the Populist Party. Farmers fought against the Gold Standard, railroads, and industrialist during this period causing lots of confrontation.

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

In the late 1800’s America’s industry was on the rise, in this completely new era many factories were born and introduced to the American people. Many people also had to help build railways as well as many other ways to help transport or make goods, this would help build industrial America. But many people would face crucial conditions working in factory, it was unsafe for many people, even some young children who had to work faced a lot of injuries. Not only this, but many people would be out of work because the factories were taking over the work force. One of the most successful people in this time period was John D. Rockefeller, he owned 90% of refineries in America, he made his living by selling, transporting, and refining oil.

Despite the flushed predictions of prosperity that had lured new settlers to the plains, the reality was more difficult. The farmers claimed that they did not have enough land, money, and transportation (Doc C). The farmers went into in a never ending cycle if they did not have a good harvest. As Booker Washington explains the farmers had no money so they had to borrow money from the banks which charged 12 to 30 percent interest. The interest the farmers were hit with was nearly impossible to repay so they had to mortgage everything and if the mortgage wasn’t paid the land was foreclosure which led the yeomen to become tenant farmers (Doc B). With periods of drought growing good crops was hard. Leading Economic Sectors shows how the farmers predicament of not being able to make a very

Pursuing this further, the rich soil of the West was becoming poor, and floods contributed to the problem, and, eventually caused erosion. Beginning in the summer of 1887, a series of droughts forced many people to abandon their farms and towns. As circumstances worsened, farmers were beginning to be controlled by corporations and processors. The farmers were at the mercy of many trusts, which, in turn, could control the productivity and raise prices to high levels. Furthermore, during the late 19th century, many farmers considered monopolies, trusts, railroads, and money shortages as evident threats to their lifestyle. The rise of these monopolies and trusts worried many farmers because they felt that the disappearance of competition would lead to erratic and unreasonable price rises that would harm consumers. Oftentimes, these “robber barons” would prevent competitors from reaching the markets by restricting their ability to transport their goods. In Document E, James B. Weaver wrote of the main weapons of the trust-organized commerce: threats, intimidation, bribery, fraud,

“If any act symbolized the taming of the Northwest frontier, it was the driving of the final spike to complete the nation’s first transcontinental railroad.”1 The first railroad west of the Mississippi River was opened on December 23, 1852. Five miles long, the track ran from St. Louis to Cheltanham, Missouri. Twenty-five years prior, there were no railroads in the United States; twenty-five years later, railroads joined the east and west coasts from New York to San Francisco.2

In the past farming was a way to provide food to the family, but in a growing market economy it was becoming more important in the 1860s and 1870s to have money in order to purchase food, clothing, and supplies for the family. That money could also be used to keep the farm running and producing more goods and making more money. However, farming was as competitive as ever. During the Civil War the demand for crops like cotton was high so farmers started producing even more cotton. After the war, the supply of cotton stayed the same but the demand for it lowered, dropping the prices and putting many farmers in debt. The invention of railroads connected many states together making bigger, interstate markets instead of simple local markets; making it even more difficult

Following the Civil War, a second industrial revolution in America brought many changes to the nation’s agriculture sector. The new technologies that were created transformed how farmers worked and the way in which the sector functioned. Agriculture expanded and became more industrial. Meanwhile government policies, or lack of them for a while, and hard economic conditions put difficult strains on farmers and their occupation. These changes in technology, economic conditions, and government policy from 1865 to 1900 transformed and improved agriculture while leaving farmers in hardship.

In the early 1800s, America changed in a lot of ways in a short amount of time. The change that occurred was, for the most part, the result of the industrial development. The industrial advancements in the early 1800s had a huge amount of consequences, both positive and negative. But the industrial development from 1800 to 1860 affected the North and the South in hugely different ways. The prominent differences eventually caused an amazing amount of tension between the two regions as they moved in completely separate directions. Mainly, the North and the South differentiated when it came to cultures, economies, and political views.

Railroads became extremely popular in America in the 1800’s. The railroad industry itself began to boom; it was supported by its reputation for speed and efficiency. But, along with the booming industry of railroads came the strong debate that

The ‘Gilded Age’ began from 1870s to 1900s and its politics contributed to the advancement of Capitalism. Entrepreneurs’ business practices were barbaric and unethical, then they were named as the ‘Robber Barons’. The ‘Robber Barons’ established monopolies, mistreated and exploited their workers. These savage practices lead to the establishment of the Antitrust Act which regulates businesses and promote fair competition for the benefit of consumers and diminish business monopolies. Between 1880s and 1890s were the years of significant political crisis. One of the notable political conflict was the farmers’ revolt in the late 19th century. Farmers’ lifestyle was complicated due to drought, boll weevils, rising costs, rising costs, declining prices, and high interest rates. They blamed railroad owners, land monopolists and other businesses. The farmers formed an alliance and the ‘Populist Party’. Populist Party aimed to increase the amount of money in circulation, repay loans with government assistance, reducing tariffs and a graduated income

After the Civil War there were many factors that contributed the changes that occurred in farming in America. Among them was the drive for the South to renew and regain what had been lost due to the war. Leaders saw it as a time to diversify and turn towards industrialization. The Industrial revolution was underway and with it brought many new inventions that would lead to growth in the farming industry. The wide open space between the East and the West called “The Frontier” was open for homesteading. New immigrants with their farming knowledge and ability were flooding the East and West gates of the U.S. This was a time in American history when Americans