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Andrew carnegie vs rockefeller compare and contrast
Andrew carnegie impact
Andrew carnegie impact
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In this episode of The Men Who Built America things will drastically begin to change. Oil and steel become the main production in America, but not without a long a hard fight.
At the age of 12 Andrew Carnegie started working for a railroad company, this is where he met his lifelong mentor Tom Scott. Scott sees something in Carnegie, they work side by side. Scott has this idea to build a bridge which will be the largest in America, Carnegie is in charge of the design and building of the bridge. Andrew Carnegie knows that iron can't withstand the current and the weight of the train, this is when he thinks about using steel. His idea works but it's very expensive and takes a lot of time to complete the bridge but they eventually get the bridge finished and it's a hung success.
Rockefeller and Carnegie become big rivals.
Just when the railroads start to be replaced with steel there isn't a huge demand for railroads. There are too many and not enough supplies to be transported. Rockefeller transports his oil on Scott's railroads but he has to take it off due to someone backing out on their word. Scott is unable to get back on his feet after the lose of Rockefeller's oil.
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Shortly after the tragedy Scott dies an unfortunate death. Now that Carnegie's main reason for success has passed he blames Rockefeller and the rivalry begins. Carnegie's break through is when he realizes that America's future isn't railroads but it's building upwards with steel. Rockefeller is still the richest man and Carnegie isn't going to have it, he now tries to think of a way to up the production of Carnegie steel. Henry Frick is the answer to Carnegie's wishes, he is a hardcore what he says goes man and he doesn't take no for an answer . Frick is now Carnegie's business partner he pushes the men to work more hours with less pay, they build other steel competitors throughout Ohio too. Profit from steel after two years is now much greater than it ever has been, to reward Frick Carnegie makes him chairman of the company the second most important man in the business. Frick isn't satisfied with this so he buys land east of Pittsburg and builds a members only club for the wealthiest people in America. The club is built on an artificial lake and they control the dam, the dam wall is very weak and damaged. Every Time it rains the people of Johnstown become very nervous it's going to break. Fricks carriage wouldn't fit across the dam so he ordered them to lower it making it weaker and weaker. Before they knew it one day it rained very hard and the dam came crashing down killing most of the people in the town it was a tragic day. Carnegie feels highly responsible for what happens so he spends a lot of time and money building Carnegie hall in honor of Johnstown. The biggest concern now is saving money at Homestead Steel Works. Carnegie feels bad for cutting hours and lowering pay so he makes Frick do the dirty work. This results in many accidents on the floor and even deaths, the works go on strike and Frick isn't too fond of this option. He calls in the detectives which are a group of men who fought for you. All the men at the steel works went on strike and the detectives came to make them go back to work, the workers fought them but many were injured and dead it was a tragic and disturbing incident. Andrew Carnegie changed history the day he started working for Tom Scott.
He changed the way America built everything, before Carnegie we were using iron for bridges and railroads. We weren't building huge building that touched the sky, everything was smaller and less extravagant until Carnegie steel came to be. Carnegie wasn't afraid to try the impossible he was determined to change how people viewed buildings and bridges he wanted to break new ground, make a difference, and blow people's minds. He impacted American history by leading us in the right direction of a stronger longer lasting building structure. Without Carnegie we wouldn't have the knowledge of these structures, like what does and doesn't work. Thanks to Carnegie we have tried new things and made amazing new bridges and
buildings.
Despite the negative encounters of Andrew Carnegie’s Steel Company, the exploration and exchange of Carnegie Steel is that the steel was cheap. This had a positive impact on the United States because steel fed national growth, steel meant more jobs, national prestige, and a higher quality of life for
Andrew Carnegie, was a strong-minded man who believed in equal distribution and different forms to manage wealth. One of the methods he suggested was to tax revenues to help out the public. He believed in successors enriching society by paying taxes and death taxes. Carnegie’s view did not surprise me because it was the only form people could not unequally distribute their wealth amongst the public, and the mediocre American economy. Therefore, taxations would lead to many more advances in the American economy and for public purposes.
steel pipe tubing, Carnegie threatened to ruin him by invading his business if Morgan did not buy Carnegie out. E...
In the documents titled, William Graham Sumner on Social Darwinism and Andrew Carnegie Explains the Gospel of Wealth, Sumner and Carnegie both analyze their perspective on the idea on “social darwinism.” To begin with, both documents argue differently about wealth, poverty and their consequences. Sumner is a supporter of social darwinism. In the aspects of wealth and poverty he believes that the wealthy are those with more capital and rewards from nature, while the poor are “those who have inherited disease and depraved appetites, or have been brought up in vice and ignorance, or have themselves yielded to vice, extravagance, idleness, and imprudence” (Sumner, 36). The consequences of Sumner’s views on wealth and poverty is that they both contribute to the idea of inequality and how it is not likely for the poor to be of equal status with the wealthy. Furthermore, Carnegie views wealth and poverty as a reciprocative relation. He does not necessarily state that the wealthy and poor are equal, but he believes that the wealthy are the ones who “should use their wisdom, experiences, and wealth as stewards for the poor” (textbook, 489). Ultimately, the consequences of
Andrew Carnegie was a man who was born poor, but wanted to change many lives for those who were like him. Since he was able to walk, he started to work he was a bobbin boy in Pittsburg. Carnegie would work 12 hours a day to
Andrew Carnegie in September 1875 production cost was pretty high but his selling price was way higher, in January 1877 he lowered his production cost by a lot and the selling price went down as well but it was still fairly higher than what he was making the steel for,and in November 1977 Carnegie was able to lower his production costs even more as well as his selling price which was a bit more than what he spent making the steel. (Doc D). The main idea of this chart is to show that over the period of September to November Carnegie was able to drop his prices and costs significantly but that doesn't make him heroic. That just means he found new methods, material, or cut the cost of labor, this is just Carnegie being a good businessman. Steel production in the United States was very small compared the Great Britain in 1870, ten years later in 1880 the US’s production launched and was just right under Great Britain, another ten years later in 1890 the US finally passed GB in production but but by very much, ten years after that in 1900 Andrew Carnegie’s mills was making one-third of all the steel in the US making the steel production to skyrocket still in the lead at #1 with Germany and Luxembourg no where near and then in 3rd was Great Britain a little bit close to GL (Doc E). This chart is just to show the production of steel in the United States comparing with other countries over the span of 1870-1900 and to see how Carnegie’s mills effected the US production. This chart does not show Carnegie as a hero just how well his factory productions was going. Overall Andrew Carnegie was very good at being a businessman because he had a lot of financial success with lowering his production costs but that's not very heroic of him, it’s really only doing him good because he's saving
In Harold C. Livesay’s Andrew Carnegie and the rise of Big Business, Andrew Carnegie’s struggles and desires throughout his life are formed into different challenges of being the influential leader of the United States of America. The book also covers the belief of the American Dream in that people can climb up the ladder of society by hard work and the dream of becoming an influential citizen, just as Carnegie did.
Railroads first appeared around the 1830’s, and helped the ideas of Manifest Destiny and Westward expansion; however, these were weak and didn’t connect as far as people needed, thus causing them to be forced to take more dangerous routes. On January 17th, 1848, a proposal was sent to Congress by Asa Whitney to approve and provide federal funding...
Steel Company after a serious, bloody union strike.He saw himself as a hero of working people, yet he crushed their unions. The richest man in the world, he railed against privilege. A generous philanthropist, he slashed the wages of the workers who made him rich. By this time, Carnegie was an established, successful millionaire. He was a great philanthropist, donating over $350 million dollars to public causes, opening libraries, money for teachers, and funds to support peace.
The growth of the railroad was one of the most significant elements in American economic growth, yet it hurt small shippers and farmers in many ways. Extreme competition between rail companies necessitated some way to win business. To do this, railroads would offer rebates and drawbacks to larger shippers who used their rails. This practice hurt smaller shippers, including farmers, because often times railroad companies would charge more to ship products short distances than they would for long trips. This was known as the “long haul, short haul evil”. The rail companies justified this practice by asserting that if they did not rebate, they would not make enough profit to stay in business. So while the railroads felt that they must use this practice to make a profit, the farmers were justified in complaining, for they were seriously injured by it. A perfect example of this fact can be found in The Octopus by Frank Norris. In The Octopus a farmer named Dyke discovers that the railroad has increased their freight charges from two to five cents a pound. This new rate, “…ate up every cent of his gains. He stood there ruined.
In the beginning of this episode we are shown that Andrew Carnegie’s mentor (Tom Scott) is dead. It then takes us back to when Carnegie was a boy and worked for Scott. Then helps him advance through the ranks. At age 24 he is manager of the company. He and Scott then want to expand railroads west. Scott then asks him to build a bridge. He has a hard time but four years later manages to build the bridge across the Mississippi River. After the bridge is built Carnegie has a hard time getting people to walk across the bridge. People were afraid they had never seen anything like this before. So Carnegie throws a parade and has a elephant led the parade showing that it is stable. Then to find out people want railroads to be replaced with steel which
In the “Gospel of wealth”, Andrew Carnegie argues that it is the duty of the wealthy entrepreneur who has amassed a great fortune during their lifetime, to give back to those less fortunate. Greed and selfishness may force some readers to see these arguments as preposterous; however, greed is a key ingredient in successful competition. It forces competitors to perform at a higher level than their peers in hopes of obtaining more money and individual wealth. A capitalist society that allows this wealth to accumulate in the hands of the few might be beneficial to the human race because it could promote competition between companies; it might ensure health care for everyone no matter their social standing, and parks and recreation could be built for the enjoyment of society.
Following the Civil War, life in the south was dramatically changed. America faced an arduous task of rebuilding the devastated economy and social infrastructure in former Confederate states. This new movement was known as the Reconstruction era, and it was responsible for the emergence of a multifaceted industrialization of manufactured goods and transportation networks. In the book, Steel Drivin’ Man, Scott Reynolds Nelson conveys the intensity of political debate during the Reconstruction era. The conflict revolved around the role of the federal government in domestic affairs as well as the status of recently freed African-American slaves. This period marked the emergence of John Henry, a former African-American slave that became a classic figure of American folklore myths. He was known as the man who defeated the steam-powered drill in a race, but died shortly after from inhaling the rock dust generated by the steam drills. The story of John Henry emerged out of and reflected the histories of southern reconstruction by outlining the political, social, and economic changes that undermined black equality.
Andrew Carnegie believes in a system based on principles and responsibility. The system is Individualism and when everyone strives towards the same goals the system is fair and prosperous. Carnegie’s essay is his attempt to show people a way to reach an accommodation between individualism and fairness. This system can only work if everyone knows and participates in his or her responsibilities. I will discuss Carnegie’s thesis, his arguments and the possible results of his goals.
Carnegie saw how bad the wooden railroads were, so he proceeded to slowly replace them with iron ones. Carnegie's charm, perception, and hard work led to becoming one of the world's most famous men of the time, and led to the first corporation in the world with a market capitalization in excess of one billion when he sold his companies to John Morgan who called them United States Steel Corporation.