Planes, Trains, and Automobiles. You may ask what does that mean. Those three are the modern-day leaders in modes of transportation. In the 1800’s the ship was the leader in transportation of goods and people. At the peak of the market in the mid 1800’s, there was one business man the prevailed over others, Cornelius Vanderbilt. Cornelius Vanderbilt was born on May 27, 1794 in Staten Island, New York; into a modest family, his father was a ferry man and a farmer. From a very early age he had wanted to become wealthy, and was very controlling. "Never be a minion, always be an owner." Vanderbilt used many strategies to dive the competition to ultimately their fall of the businesses.
Once Vanderbilt entered the transportation market, he quickly
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What changed Vanderbilt to Railroads from Steamboats. “Vanderbilt entered the railroad business in 1857 and eventually gained control of the New York and Harlem Railroad—again besting his rival, Daniel Drew. “ He thought that because of the war that was coming, he needed to think of a new way to prosper and help the war effort. “During the Civil War, Vanderbilt realized that the future of transportation lay not on the high seas but on land.” He used many of the same strategies as he used in the steam boat industry, like being able to control the price of shipping using his trains. Another one of Vanderbilt’s strategies was to buy out the competition like the other wealthy business men of the time. “In 1868, Vanderbilt decided he needed to buy the New York & Erie Railroad (Erie) to put an end to competition for New York City freight.” Vanderbilt almost enjoyed the competition and sometimes even created it. “he came to the conclusion that to remain competitive with the other major lines (Pennsylvania and the B&O), he needed to extend his route into Chicago.” Creating this competition made his business better, and I believe that this created a challenge for him. Cornelius Vanderbilt seemed like the type of person that liked a challenge, and it showed him that he could still be the best. These challenges led to him being on top of the game, and showed him that he could still boss people around and be the leader in the industry. Eventually Vanderbilt became the head of New York & Harlem Railroad “His interest in the steamboat industry had kept him from actively participating in the running of the railroad” He finally came to the conclusion that the ferry business was dying out, and he saw the future of transportation was by Rail. But, him being so invested in the ferry business that he was blinded to the other
In this paper I will explain how the railroads changed American society, politics, and its economy during this era. Secondly, I’ll talk about the 1896 election and how that impacted America and changed American Politics and elections form that point on. Lastly, I will identify the 4 themes of the Gilded Age and explain the causes of these themes and the consequences it had on American politics, economy, and its society. When railroads were invented in America, and first started being used commercially and for businesses, it was a major technological leap. They created a huge demand for goods.
Cornelius Vanderbilt Cornelius V. helped with railroad transportation, he was known as being the largest steamship operations in his country. In the 1860’s he built an empire, this empire helped with railroad transportation. Before he built an empire he decided to focus on the railroad industry. Before he worked on railroad transportation he was a steamship captain. Cornelius had a very illiberal personality also known as a competitive person.
Vanderbilt was an american business magnate and philanthropist who built his wealth in railroads and shipping. He also had a university called vanderbilt university. He began to engage in boating. When he was young he developed a love for water and quit school and started working for his father. Once he turned sixteen he persuaded his mother to give him $100 dollars for a boat.
After the war of 1812, a revolution took over transportation, leading to the Market Revolution. People in power realized that it was necessary to improve the country’s transportation network in order to keep up with the growing economy. The invention of the steamboat brought economic development to the trans-Appalachian west. The Erie Canal, which was the longest man-made waterway, linked the region around the Great Lakes to the Atlantic coast, through the Hudson River. Additionally, railroads were built to improve the speed of commerce.
During the antebellum period of the United States, the era of Good Feelings brought about a heightened sense of nationalism caused by the victories in the War of 1812. In addition, the Erie Canal, finished in 1825, led to an increase in domestic trade and a more efficient means of transportation. These movements created a stronger country with an economy that could support itself financially. These new ideas also expanded domestic trade and transportation movements. Socially, the growing nationalism and the expansion of the country kept the states content; however, the Missouri Compromise in 1820 re-surfaced the continuing issue of slavery, and how the governing body should deal with it, creating sectionalism within the states.
Money. Everyone wants it but doesn’t want to work for it. It’s a common necessity in everyday life and it always will be. These two gentlemen took their passion for money and obtaining fine things and turned it into a profession. Cornelius Vanderbilt and Ted Waitt both had similarities and differences, both strong and weak.
Shipping things around the country really made a great change in the technological advancements. At the same time we had massive changes going on in politics. Big business took control over politics. The senators never had a say in anything that was going on. The Big Businessmen were bribing the senators to say what they wanted.
He used his boat to ferry passengers and goods between Staten Island and Manhattan… Selling his ferry business, Vanderbilt went to work for Thomas Gibbons in 1817, running a steam ship line between New York and New Jersey. Over 12 years, Vanderbilt became an expert in the operation and design of steam ships. He 1829, he resigned to launch his own business… He sold his interest in steamers and turned to Wall Street, the financial heart of the nation in New York. In a short period of time, he quietly bought up a number of railroads to form the New York Central and Hudson River line, one of the largest businesses America had ever seen.
Was Cornelius Vanderbilt a Robber Baron or Captain of Industry? A cruel businessman or an industrious leader? Henry J. Raymond believed that Vanderbilt was “a monopolist that crushed other competitors”(T.J Stiles). While he is also deemed one of America’s leading businessmen, and is also credited for helping shape the United States. His fortunes were made unfairly in some cases but his million dollar contribution to the Navy was very generous.
Andrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.
Traveling for trade’s or for visit was a lot more faster after the steamboat was invented. It was a lot more easier to travel upriver and going against its current. Before the steamboat was even invented, they took more time and a lot more energy when going up steam or against the current. The use of steam speed up the efficient transportation of perishable good and trades. Steamboat was extremely valuable during the civil war.
What’s funny about this is Andrew Carnegie was always fighting for laborers and was always trying to protect their rights but little did we know he was violating his own rules. Interesting. Cornelius Vanderbilt mistreated his workers and assigned them long hours(faqla.com, P.1). This is not a shocker to most people since Cornelius Vanderbilt was known to be a ruthless character who was very greedy, arrogant, and basically abused everyone. “Cornelius Vanderbilt made a fortune off the sweat of immigrant labor and by monopolizing pretty much all travel east of chicago.”
The Tremendous Impact of Railroads on America In the late 19th century, railroads propelled America into an era of unprecedented growth, prosperity, and convenient transportation. Prior to the building of the railroads, America lacked the proper and rapid transportation to make traveling across the country economical or practical. Lengthy travel was often cumbersome, costly, and dangerous.
Transportation Revolution The transportation revolution is believed to have begun in 1807 when the government seemed it was going to become active in growing infrastructure. The treasury secretary, at the time, Albert Gallatin was asked to develop “a plan for the application of such means as are within the power of Congress, to the purpose of opening roads and making canals” (W&R). This plan was not to happen and throughout this revolution the government was only responsible for a few projects. Without much government aid, entrepreneurs took matters into their own hands, creating competition.
The building of roads, canals and railroads played a large role in the United States during the 1800s. They served the purpose of connecting towns and settlements so that goods could be transported quickly and more efficiently. These goods could be transported fast, cheap and in safe way through the Erie Canal that was built to connect the Great Lakes to New York. Railroads were important during Civil War as well, because it helped in the transportation of goods, supplies and weapons when necessary. These new forms of transportation shaped the United States into the place that it is today.