Rober Barons by Shadasya Simmons

By Dasya_4_Life

  • The president of the Pennsylvania Railroad J. Edgar Thompson, had put his signature to the contract.

    This act soon made Vanderbilt, Clark, Jay Gould and General McClellan signed up for the railroad.(Rober Baron Research Packet 1)

  • John Pierpont Morgan had emerged as the nation's leading investment banker. When companies came to Morgan for money, he often insisted on reorganizing the companies.

    This here gives John Pierpont Morgan emerged as the nation's leading investment banker which gives him power over the money and then he started to control the companies.(Rober Barons Research Packet 2)

  • Rockefeller and his associates controlled forty oil refineries, accounting for about 90 percent of the nation's refiners, giving them a monopoly over the refining.

    Rockefeller was taking control of the refiners and he had most of the refiners under his spell of monopoly.(Rober Baron Research Packet 2)

  • Congress passed the Sherman Anti Trust Act to prohibit any form of business monopoly. The law was so vague and big business so powerful, however that for years the law was not enforced.

    The Sherman Anti Trust Act was not enforce so the act of prohibiting the form of monopoly was not in act so monopolies were created every where.(Rober Baron Reserch Packet 4)

  • Carnegie sold his company to J.P. Morgan who then combined Carnegie's operations with other steel companies he had invested in, creating United States Steel.

    Carnegie and J.P. Morgan made a deal that made the company better that gave J.P. Morgan more money and control.(Rober Baron Research Packet 2)

  • The Sherman Anti Trust Act got its first real test only after Theodore Roosevelt became president.

    The Sherman Anti Trust Act was made in 1890 but was not put into action to 1901.

  • "Next!" represents Standard Oil as an octopus, wrapping it's tentacles around the United State Capitol, a "State House," and the White House.

    This is the Standard Oil company as an octopus, because it is creating a kingdom within the government, that was killing the government. (Robber Baron Research Packet 3)

  • The legislation passed by Congress during Taft's presidency was the Mann-Elkins Act of 1910.

    The Mann-Elkins Act of 1910 was an act that the 1887 Interstate Commerce Act and the regulate the telecommunications industry.(Rober Baron Research Packet 5)

  • William Taft's Progressive administration successfully procuted Stadard Oil under the Sherman Anti Trust Act. As a result, Rockefeller's giant corpation was broken up into 38 seperate, smaller companies.

    William was the president that broke Rockefeller's trust with the Sherman Anti Trust Act.(Rober Baron Reserch Packet 3)