Standard Oil Company leaves Rockefeller with millions!
As oil grew and became more popular among the people Rockefeller noticed this an began to work to create a company that drills and produces oil. This company soon began to control a monopoly over the oil industry and was later broken down. http://www.us-highways.com/sohist.htm
Scandal takes place! Credit Mobilier takes part in a nation wide scandal!
Monopolies banned forever by new Sherman Antitrust act!
The Sherman Antitrust Act was the first law passed to prohibit the use of Trusts by business and companies. This was created because trusts were beginning to dominate industries and killing competition. http://www.ourdocuments.gov/doc.php?doc=51
Extreme violence occurs over the simple matter of unfair wages!
When Henry Frick closed down the mill workers rose up and took control. Frick then used the Pinkerton Detective Agency to try and protect his non-union workers, as he did this the entire town seemed to rise up to help fight against him. This resulted in extreme violence and in the end the workers lost and the union gave up.
The Wright brothers create the first heavier than air plane that is able to sustain a controlled flight with a pilot inside. It managed to cover 852 feet in 59 seconds. http://airandspace.si.edu/wrightbrothers/
Mother Jones becomes the Co Founder to the Industrial Workers of the World!