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Gilded Age: The Gilding
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Marco Manuel
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Updated Oct 24, 2020
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00:01 - 00:03
Hey, guys, today we're gonna talk about the Gilded Age,
00:03 - 00:04
which is from 18.
00:04 - 00:06
70 to about 1910 ish.
00:06 - 00:08
Ah, lot of historians like to end it around 1900
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I'm going to assert that it goes a little bit
00:12 - 00:13
longer than that.
00:13 - 00:16
And I'm calling this, uh, this lesson the gilding, because
00:17 - 00:18
that's really what we're gonna focus on eso.
00:19 - 00:22
The Gilded Age is characterized by the world's first crazy,
00:22 - 00:27
stupid, insanely, ridiculously and unfathomably rich private citizens.
00:28 - 00:30
Okay, because rich people exist before this, But before this
00:30 - 00:32
time, they usually had to be like an emperor or
00:33 - 00:34
a king or a queen or something like that.
00:34 - 00:36
And of course, it's about their corporations.
00:37 - 00:40
So the things that made them that wealthy eso John
00:40 - 00:43
D. Rockefeller and Andrew Carnegie are a couple of the
00:43 - 00:46
most famous Gilded Age crazy, stupid rich people on dhe.
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Their total net worths are estimated to be like over
00:50 - 00:53
$300 billion when adjusted for inflation.
00:53 - 00:56
You know, back in the day, nominally, you know, Andrew
00:56 - 00:58
Kearney was like only 475 million.
00:58 - 01:01
But you know, again so again, calculating for inflation, they
01:01 - 01:06
are more than double Jeff Bezos, the current or recent
01:06 - 01:07
richest man in the world.
01:07 - 01:09
One of my students pointed out to me that he's
01:09 - 01:12
not this rich anymore after the divorce, but I think
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he's still number one anyway.
01:14 - 01:15
Back in the day.
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Gilded Age Stupid rich people are even more stupid rich
01:19 - 01:20
than the richest person today.
01:20 - 01:21
Like it's just it's unimaginable.
01:22 - 01:24
Alright, Another guy that I got a mention.
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Those Cornelius Vanderbilt.
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He was kind of a loser, though he was on
01:28 - 01:30
Lee estimated, be worth $100 billion.
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God, what a loser he must have been toe on.
01:34 - 01:38
Lee have gotten $100 billion on I want to help
01:38 - 01:41
you visualize kind of some of the things that were
01:41 - 01:41
going on.
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And that's really what this lesson about is about helping
01:44 - 01:46
you think about what life was like.
01:46 - 01:49
S my learning target questions is what is the figure
01:49 - 01:51
to meeting behind the term Gilded Age?
01:52 - 01:52
Why do we call it that?
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And what evidence in circumstances lead to that label that
01:57 - 01:58
we give it?
01:58 - 01:59
All right, So let's talk about what is gilding.
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Let's talk about the literal meaning of gilding before we
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can talk about the figurative meaning all right.
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So, to gild, something means to decoratively cover it with
02:07 - 02:09
a thin layer of gold.
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All right, so if it's gilded, another way to think
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about it is that it is gold plated or its
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gold covered.
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But it's definitely not solid gold, but it's been painted
02:18 - 02:20
as such to give it an appearance of gold.
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All right, so it could be ah, wooden frame.
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It could be a statue.
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It could be a gate, whatever it is.
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But beneath the gilding, whatever it is, wood, stone, metal,
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iron it is not as opulent as the gold is
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meant to make it look.
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All right.
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So opulence is I really like this word opulence.
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And just think about its meaning, rich or luxurious.
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All right.
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So this gold plating is meant to make something look
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opulent and luxurious.
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And this era of the Gilded Age is this era
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of opulence.
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Opulence. I just like to say the word opulence.
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All right.
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The arrow opulence, eh?
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So what did the crazy, stupid rich people do with
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all that money?
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They just They had so much to spend.
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All right, Eh?
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So quick.
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A little back story between 18.
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37 1900 is in Britain is known as the Victorian
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era after Queen Victoria.
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Alright, so Queen Victoria reigns between 18 37 and 19
03:19 - 03:21
when she's actually born in, like, 18 20 or something.
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Anyway, Queen Victoria, I want you to think of Queen
03:24 - 03:27
Victoria as, like, the world's first or at least the
03:28 - 03:30
world's first biggest social influencer.
03:31 - 03:33
Okay, so just like there are influences today, people say
03:33 - 03:35
things like, Oh, I want that thing because I see
03:36 - 03:39
it. Queen Victoria, was that person in 18 40?
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Okay, everybody like, knew what Queen Victoria was doing, like
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way over there in England.
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And they're like, Oh, Queen Victoria, she thought of necklace,
03:47 - 03:47
I want that necklace.
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Okay, she's got the address.
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I want that dress.
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I want to be with you.
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Okay, so I am not going to get the idea.
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She's the first social influencer of like e Don't know
03:58 - 04:00
that you can think about for this time, period.
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So also quick fun Fact about Queen Victoria.
04:04 - 04:07
So the reason why women like to have white wedding
04:07 - 04:10
dresses now is because Queen Victoria got married and a
04:10 - 04:10
white wedding dress.
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Now some people were doing the white wedding dress thing
04:13 - 04:14
before Queen Victoria.
04:15 - 04:18
But Queen Victoria made it popular as soon as she
04:18 - 04:19
got married.
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And everybody saw Queen Victoria get married in this white
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wedding dress.
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They're like, Oh, my goodness, I want a white wedding
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dress and now it's become a cultural thing.
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But so anyway, rich Americans, though they would want to
04:30 - 04:33
imitate the European royalty and a lot of different ways.
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And so again, that's what this lesson is about is
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helping you visualize what things looked like.
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And so I'm just gonna give you a couple small
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examples here.
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So this is Alva Vanderbilt who marries into the loser
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only $100 billion Vanderbilt family.
04:48 - 04:52
All right, she she This is a dress that she
04:52 - 04:55
wears, her policy that she throws in 18 83.
04:55 - 04:57
All right, just look at this picture for a second.
04:57 - 05:00
She's got doves like she's got doves in this picture,
05:01 - 05:03
and I honestly, I really wonder, like I feel like
05:03 - 05:05
they've got to be taxidermy like they've got to be
05:05 - 05:09
dead or fake doves that she's got stuffed and she's
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just holding them like I want to be heralding dogs.
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And I'm sure that made sense in her mind.
05:15 - 05:16
Anyway, look at her hat like this dress.
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Okay? Again.
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She's this the imitation of opulence opulence.
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All right, That's what she wants.
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Uh, this is her mansion that Alva Vanderbilt has built
05:27 - 05:29
in New York City on dso again.
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This is her.
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This is a private residence.
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This is her home is where she lives on.
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Did you look?
05:35 - 05:37
It's just huge on.
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Then there's another visual representations to eso.
05:40 - 05:42
Another thing that that super crazy rich people do is
05:42 - 05:45
they were just there, throw parties, and so on The
05:45 - 05:49
left is a artistic, like painting representation of maybe what
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one of these parties might have looked like.
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And, uh, the photo on the end is is like
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a banquet halls again.
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Just look it like the chandelier.
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Look at the candlesticks.
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Look at the people.
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Look at the wallpaper.
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There's this, like, excessive and like, compulsive mean to be
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as extra as you possibly can.
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And that was totally the nature of time.
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Like if you have a stupid, crazy amount of money,
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you're like, what can I, you know, decorate even more
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so? And that's what you did.
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So the my little Onley thing like note that I
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want you to write down like they build mansions and
06:26 - 06:27
they throw parties.
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Now, of course they did.
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You know, they invested it and then, you know, they
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grew their businesses.
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But we're gonna talk about that later.
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Today is all about the opulence.
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All right, um, so if we're talking about the Gilded
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Age again and gilding means to play something in gold,
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what are we playing, this is for sure, the shiny
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gold plating or covering something up.
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What? We're covering up.
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All right, so in 18.
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90 the U.
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S population is around 63 million people, and the richest
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1% of those Americans own 51% off American wealth.
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Alright, 1% of people own half of America.
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Uh, so 1% of people is about 600,000.
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All right.
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And now you know, of course, Andrew, Carnegie and Rockefeller
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and the loser Vanderbilt's are among the 600,000.
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And maybe not everyone has got the mansion in New
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York City.
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But like, there's, like a lot of people that are
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still doing really good, like in the various businesses and
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industries. And they are living the high life.
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Alright, so that is a very small portion, even though
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100,000 people, it's like a lot of people, but there's
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another 50 million or so you know, that they're like,
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they're like, not doing great.
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They're, like, really like not doing great, OK, eso this
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that I'm presenting to you here.
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I'm calling this like with a caveat.
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And, man wells American social class proportions of 18 90
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because I try really hard to find this information and
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get these statistics a little bit better.
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And I just like, I don't know, this is the
08:03 - 08:03
best that I could do.
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So this is what I am asserting to the best
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of my knowledge.
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All right, so the crazy rich or about 1% of
08:09 - 08:12
our population and there's another like middle class that are
08:12 - 08:13
probably doing okay.
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They've probably got some kind of skilled job, like they're
08:17 - 08:17
a tailor.
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So they make clothes, um, like, like, you know, personally.
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Or or maybe there are farmer, uh, maybe, you know,
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they got the homestead act.
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Maybe there.
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Maybe there, cowboy, I don't You know eso people some
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people are doing They're doing okay.
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All right.
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But then there's another on my colors, a little messed
08:35 - 08:35
up here.
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There's not, like 44% that air poor.
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And then up here there's another like 45%.
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This is a little dark here, but like dirt and
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less than dirt poor.
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All right, so this is a time of the era
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of, like mass manufacturing and factory work and also child
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labor. We'll talk about child labor later on, De So
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they This is your your poor.
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You know, maybe every member of your family is going
08:58 - 09:00
toe work, and maybe they're getting a dollar or two
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a day, and that would probably put you in, like,
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probably the arguably poor category.
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I mean, there's other people who, for whatever reason, you
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know they're less than poor, like they are super in
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debt or maybe their family.
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You know, somebody is sick or injured, and they just
09:15 - 09:17
they can't afford to send everybody to work.
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So maybe on Lee, the dad gets to Goto work
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and Mom is at home with the kids.
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Maybe Dad's not even there.
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Maybe. Maybe, you know it's not a thing, So there's
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just the point is there's a lot of people not
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doing great, all right?
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And so when we talk about gilding, where there's this
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gold plated thin cover that is covering up something underneath,
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and I'm hoping I'm painting that image for you now.
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So Mark Twain is the one who's really credited, and
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he actually is credited with saying Gilded Age and historians
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now use Mark Twain's reference of the Gilded Age to
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refer to this time period because of that.
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So I leave you with one more visualization here and
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is a political cartoon.
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I don't always love political cartoons, but we will explore
09:55 - 09:56
this one a little bit more.
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Um, it's called the Protectors of Industries, and that's what
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the title is down here.
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And I want you to think about who are the
10:03 - 10:05
protectors of our industries.
10:05 - 10:06
And another quick reminder.
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Industry is just It's a type or category of business.
10:09 - 10:10
So let's take a look at this image.
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Global closer, right?
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So we got these four fat dudes up at the
10:14 - 10:14
top here.
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They got dollar signs on their bellies.
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They're sitting on bags.
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That's a million's.
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You can notice the guy on the right, says Vanderbilt.
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So there's There's a boy, the loser $100 billion corner
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near these Vanderbilt.
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The other two dudes, we're not gonna worry about them.
10:29 - 10:31
I think they're bankers, but they're gonna look down at
10:31 - 10:32
the bottom of the picture.
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And we got some guys there hunched over.
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They got aprons on, so sort of suggesting they are
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probably our workers are laborers.
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This guy's got a hammer or an ax in his
10:42 - 10:44
hand, and so they just they don't look very comfortable,
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right? And then we move up here and you can
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see on the structure.
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It's got the name of some of our industries, like
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tin and paint and oils.
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I'm not sure what that says in the back paper
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leather. And then you got paper and leather workers $6
10:58 - 11:02
a week, $7 a week, Wu $67 a week.
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Over here, you've got the cloth workers average $9 a
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week, and the linen workers Whoa, look at the linen
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workers. 11 whole dollars a week for the linen workers
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guys, they are wakened it in.
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Maybe not.
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Um, so we'll talk about this image a little bit
11:21 - 11:24
later. Thio thinking about the protectors of our industry and
11:25 - 11:29
also thinking about the figurative meaning of Gilded Age and
11:30 - 11:33
the things that the gilding is covering over.
11:34 - 11:37
And I also hope that this this lesson help you
11:37 - 11:40
visualize what some of the things were like that we
11:40 - 11:43
will explore a little bit more in the future lessons.
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