-
Bell patents telephone
The telephone was created in 1844. It Allowed communication within the US but not between the United States and Europe. -
First oil well is drilled, Pennsylvania
The first person to strike oil in America is Ed Drake.In a small town in Clawford County his worldfamous well was drilled in Titusville, PA. -
Rockefeller founds Standard Oil
John D. Rockefeller, founder of the Standard Oil Company, became one of the world's wealthiest men. He entered the then-fledgling oil business in 1863 by investing in a Cleveland, Ohio, refinery. That same year, America’s first oil well was drilled in Titusville, Pennsylvania. In 1863, Rockefeller and several partners entered the booming new oil industry by investing in a Cleveland refinery. -
Transcontinental railroad is completed
The Transcontinental railroad has been a long dream for people living in American West. In 1860, the railroad engineer, Theodore Judah uncovered a path through the Sierras using, Donner Pass. The completion of the transcontinental railroad made the American West easily accessible, creating a boon of trade, business and population. The railroad also had a psychological effect of bringing the country together, a sentiment expressed by the May 11 New York Times -
Railroads set up standard time zones
The new railroad lines needed a new time plan that would offer a uniform train schedule for departures and arrivals. Four standard time zones for the continental United States were introduced on November 18, 1883. -
Sherman Antitrust Act is passed
The Sherman Antitrust Act is a landmark federal statute in the history of United States antitrust law. Finally congress approved Sherman Anti-Trust Act in 1890.It banned the formation, trust and monopoly and it was to weak to be effect. -
Carnegie Steel Company is formed
Carnegie Steel Company was a steel producing company created by Andrew Carnegie and several close associates. By 1900, Carnegie's mills pro Carnegie's steel was cheap. Steel fed national growth, accelerating the already booming industrial sector. Steel meant more jobs, national prestige, and a higher quality of life for many. For Carnegie's workers, however, cheap steel meant lower wages, less job security, and the end of creative labor. -
J.P. Morgan forms U.S. Steel
At the beginning of the 20th century, a lot of businessmen were involved in the Steel Corporation, including Andrew Carnegie, Elbert H. Gary, Charles M. Schwab, and J.P. Morgan. When it was founded United States Steel Corporation was the largest business ever launched. -
First electric trolley line, Richmond, VA
The trolley system was designed by Frank Julian Sprague. He showed his potential for math and science in high school so his principal recommended he could get a free engineering degree if he went to West Point. -
Edison perfects incandescent light bulb
In 1876 Edison opened first laboratory in Menlo Park, New Jersey.
He also turned inventing into a system. This design results in a bulb that lasts about 13.5 hours before burning out. He later extends the life of the bulb to 40 hours. Edison’s successful design came only after he had tested over 6,000 different vegetable fibers during a span of over 18 months running 1,200 experiments and spending $40.
