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Chapter 11 Howard Zinn
Transcript of Chapter 11 Howard Zinn
Whatever the poor did, the poor didn't improve at all. The rich got richer and the poor got poorer.
Farmers who thought they were going to get rich ended up tenant farmers losing their homes and lands because they couldn't pay back the loans. Historical Significance The historical significance of this chapter is that all these events led up to America making up acts such as Homestead Acts, Socialist Labor Party, and how the government was ran before. The southern blacks also tried to succeed, but failed and couldn't find their true success. Characters J.P. Morgan: Son of a banker who began selling stocks for the railroads. Paid $300 to escape service in Civil War. Morgan controlled 100,000 miles of railroad.
John D. Rockefeller: Owner of Standard Oil Company. Total fortune came out to be two billion dollars.
Andrew Carnegie: A millionaire from using Bessemer method of producing steel forming his Steel Corporation. Soon to be bought by J.P. Morgan.
Grover Cleveland: Democrat President in 1884 also 22nd and 24th president.
William Whitney: One of Cleveland's chief advisors, millionaire and also a corporation lawyer.
Benjamin Harrison: President who succeeded Cleveland from 1889 to 1893.
Russell Conwell: A minister and author gave the speech of "Acres of Diamonds"
Railroad Corporations build, The Central Pacific and Union Pacific
US Steel Corporation built.
Fourteenth Amendment was tweaked to not protect the blacks.
Public Education started.
1880-1890 Immigrants started to pour in.
Women immigrants had a harder time.
Knights of Labor formed.
Bombing of Haymarket Square.
Farmers Alliance formed due to banks stealing their possessions.
US Army wiping out native indians from their lands.
Started printing greenbacks.
Key Terms Sherman Anti-Trust Act: "An act to protect trade and commerce against unlawful restraints"
Fourteenth Amendment: All race is made equal with the due process of law.
Knights of Labor: a large labor organization which demanded the 8-hour day work.
Homestead Act: gave applicant land ownership to land with little to no cost.
Farmers Alliance: Organized economic movement for farmers This chapter is about the railroad corporations that took over for profit and made low-wage jobs.
Railroad corporations led to low wage jobs which then led to workers being upset and immigrants who came to US to work, but ended up in worse conditions working for Railroad corporations.
Workers had enough and got together for strikes and the Knights of Labor was formed wanting more pay.
Farmers were again attacked through the Homestead Act, losing a lot. Summary Historical Events