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Big Business and the West Time Line

  • First oil well is drilled, Pennsylvania

    First oil well is drilled, Pennsylvania
    On August 28, 1859, George Bissell and Edwin L. Drake made the first successful use of a drilling rig on a well drilled especially to produce oil, at a site on Oil Creek near Titusville, Pennsylvania.
  • Transcontinental railroad is completed

    Transcontinental railroad is completed
    On May 10, 1869, a golden spike was driven at Promontory, Utah, signaling the completion of the first transcontinental railroad in the United States. The transcontinental railroad had long been a dream for people living in the American West.
  • Bell patents telephone

    Bell patents telephone
    Alexander Graham Bell Patents the Telephone. Captain James Cook discovered the Northwest coast of the Americas on this day. He discovered what is now the coast of Oregon, and was the first European to do so.
  • First telephone on White House

    First telephone on White House
    President Rutherford B. Hayes has the White House's first telephone installed in the mansion s telegraph room. President Hayes embraced the new technology, though he rarely received phone calls.
  • Edison perfects incandescent light bulb

    Edison perfects incandescent light bulb
    Light bulb, phonograph, motion picture projector (silent movies) and created an electric power point in NYC. He supplied electricity to businesses and homes in a district. It replace steam powered engines with electric engines which is less pollution
  • Railroads set up standard time zones

    Railroads set up standard time zones
    Operators of 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
  • Sherman Antitrust Act is passed

    Sherman Antitrust Act is passed
    The Sherman Antitrust Act s a landmark federal statute in the history of United States antitrust law passed by Congress in 1890 under the presidency of Benjamin Harrison.
  • Carnegie Steel Company is formed

    Carnegie Steel Company is formed
    Carnegie Steel Company was a steel producing company primarily created by Andrew Carnegie and several close associates, in order to manage businesses at steel mills in the Pittsburgh, Pennsylvania area
  • J.P. Morgan forms U.S. Steel

    J.P. Morgan forms U.S. Steel
    Formation. J. P. Morgan and attorney Elbert H. Gary founded U.S. Steel on March 2, 1901 by combining Andrew Carnegie's Carnegie Steel Company with Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company for $492 million
  • Rockefeller founds Standard Oil

    Rockefeller founds Standard Oil
    On May 15, 1911, the Supreme Court ordered the dissolution of Standard Oil Company, ruling it was in violation of the Sherman Antitrust Act. The Ohio businessman John D. Rockefeller entered the oil industry in the 1860s and in 1870, and founded Standard Oil with some other business
  • First electric trolley line, Richmond, VA

    First electric trolley line, Richmond, VA
    The Richmond Union Passenger Railway, in Richmond, Virginia, was the first practical electric trolley (tram) system, and set the pattern for most subsequent electric trolley systems around the world. It is an IEEE milestone in engineering. The Richmond system was not the first attempt to operate an electric trolley.