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The Case Of Cornelius Vanderbilt And John D. Rockefeller: Robber Barons

419 Words2 Pages

Cornelius Vanderbilt, and John D. Rockefeller are both labeled as robber barons. Robber barons is a term that means that they stole and were granted special rights, so that they could create monopolies in their fields. This concept is completely wrong though, since both Vanderbilt and Rockefeller worked hard to earn everything they received. Rockefeller and Vanderbilt were both businessmen who made wise business decisions, and created deals that would benefit them. Vanderbilt was a business manager for a ferry entrepreneur, who was breaking the law so that their customers could receive cheaper fares. Eventually this case went the Supreme Court, were the court ruled that Vanderbilt and Gibbons could sell cheap fare tickets, since the government

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