The Age of the Railroads 14.2
Terms in this set (12)
-an economist that traveled to the town of Pullman, Illinois to write about it for Harper's Magazine
-he was impressed with the atmosphere of order, planning, and well being in the town that George Pullman has designed for the employees of his railroad factory.
-he concluded that the town had a fatal flaw: it restricted it's residents too much and he said "the idea of Pullman is un-American."
-a railroad line linking the Atlantic and pacific coasts of the U.S.
-a golden spike marked by spanning of the nation by this.
Professor C. F. Dowd
-to remedy the problem of each community still operating on its own time, with noon when the sun was directly overhead, he proposed that the earths surface be divided into 24 time zones, one for each hour of the day
-under this plan, the U.S. would contain 4 zones: the Eastern, Central, Mountain, and Pacific time zones
-a writer who raged against the smoke-belching iron horse and the waves of change it set in motion as vehemently as his character Captain Ahab raged against the white whale and the sea in Moby-Dick
George M Pullman
-built a factory for manufacturing sleepers and other railroad cars on the Illinois prairie
-the town he built provided for almost all of the workers' basic needs
-residents lived in clean, well-constructed brick houses and apartment buildings with at least one window in every room - a luxury for city dwellers
-the town offered services and facilities such as doctors offices
-residents couldn't loiter on the front steps or drink alcohol
-he hoped his tightly controlled environment would ensure a stable work force
-but his refusal to lower rents after cutting his employees' pay led to a violent strike
-stockholders in the Union Pacific Railroad formed this construction company
-the stockholders gave this company a contract to lay track at two to three times the actual cost and pocketed the profits
-they donated shares of stock to about 20 representatives. Congressmen offered shares of stock
as "hush money"
-an investigation of the company, spurred by reports in the New York Sun, found that officers of the Union Pacific had taken up $23 million in stocks, cash, and bonds
-testimony inflicted such well known and respected federal officials as VP Schuyler Colfax and Congressman James Garfield, who later became president
-members of the Grange (a farmers' association) began demanding governmental control over the railroad industry
-they sponsored state and local political candidates, elected legislators, and successfully pressed for laws to protect their interests
-authorized a commission "to establish maximum freight and passenger rates and prohibit discrimination"
-help to establish an important principle - the federal government's right to regulate private industry to serve the public interest
-occurs when companies within an industry all agree to charge the same price for a given service, rather than competing to offer the lowest price
Munn v Illinois
-a court case where the Supreme Court upheld the Granger laws by a vote of 7 to 2
-the states thus won the right to regulate the railroads for benefit of farmers and consumers
Interstate Commerce Act
-when the Supreme Court ruled that a state couldn't set rates on interstate commerce-railroad traffic that either came from or was going to another state, congress passed this act due to public outrage
-this act reestablished the right of a federal government to supervise railroad activities and established a five member group (Interstate Commerce Commission (ICC)) for that purpose
Interstate Commerce Commission (ICC)
-a five member group established by the Interstate Commerce Act
-this group had difficultly regulating railroad rates because of a long legal process and resistance from the railroads
-the Supreme Court ruled that it could not set maximum railroad rates
-the act of uniting or combining
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Series 7 Top-Off Exam Preparation | Knopman Marks Guide
Chapter 14 - The Age of the Railroads 14.2 - NG
The Age of the Railroads 14.2
US History = Junior Year 14.2
OTHER SETS BY THIS CREATOR
The First Two Levels of Bloom's Taxonomy
THIS SET IS OFTEN IN FOLDERS WITH...
Big Business and Labor 14.3
The Challenges of Urbanization 15.2
The New Immigrants 15.1
14.1 : the expansion of industry