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In late 1850's the Seneca Oil Company began drilling on a leased piece of land. The land is now part of Oil Creek State Park.
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Upon completion in 1869 a golden spike was put into the ground marking the completion of the transcontinental railroad. This took place in Promontory, Utah.
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John D. Rockefeller began investing in the oil business in 1863 and by 1870 he started Standard Oil. By the early 1880's his company controlled 90% of the pipelines and refineries in the United States.
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Bells invention revolutionized communications. It made it possible to communicate with people over long distances easily.
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President Hayes is the first President to have a phone line installed at the White House
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Thomas Edison perfects the first commercial light bulb. The original version lasted 13.5 hours before burning out.
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They were created to
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The Richmond Union Passenger Railway in Richmond Va. was the first practical electric trolley system.
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The act was passed to prevent companies from becoming to large enough to have a monopoly on an industry.
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Founded by Andrew Carnegie and a handful of close associates, the company managed a number of steel mills in the Pittsburgh, Pa area. In 1901 the company was sold for $480 million ($14.1 billion in todays value).
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They are the worlds 24th largest steel producer in the world. The company was founded through a merger/buyout of Carnegie steel.
