Railroads & U.S. Expansion

Trade between due east and west was increasing sooner the advent of the railroads, and all deposit was seeking a program of internal improvements to make this divvy up more feasible. The expansion and growth similarlyk place in sectional increments, only there was also a desire to image a national system of roads and canals. Indeed, roads and canals were the uncomplicated means of transportation for the first half of the nineteenth century, and the study Road was one of the largest and best, though it did have problems. The artery travel as far as Columbus, Ohio, but the road was in constant need of repair and never reached far into the West. either means of transportation at the time was both problematic and expensive both for freight and for passengers (Stover 5).

The railroad would bring monumental economic budges to the nation, though not all of the economic change brought about by railroads is viewed as positive. The pattern set by the railroads would be the pattern followed by other monopolistic enterprises in the late nineteenth century, for instance, and often the railroads were complicitous in the creation of such monopolies as large business entities whose business served the needs of the railroads for transportation system and the like. The problems associated with employee relations and this new entity, Big Business, also started with the railroads before universe repeated

Earlier, Carnegie had been offered a considerable burden for his properties by John D. Rockefeller. Rockefeller controlled a large part of the put right ore deposits in the Mesaba region in the northwest, and he had intended to corrupt Carnegie out for the purpose of organizing a trust. He tried to bind Carnegie to yield and used methods he had used often before this time in the oil fields. Carnegie was made of sterner stuff, however, and it did Rockefeller no solid to amass his interests in the ore fields against Carnegie interests because every move was checkmated by Carnegie. Rockefeller was finally compelled to lower his rates on iron ore. Having failed to durability Carnegie out, he next tried to buy the Carnegie plants for $100 million, but this plan failed as well.

For one thing, this occurred during unfavorable times, and raising that winsome of money would be difficult for Rockefeller. A delay ensued that personify Rockefeller much. Rockefeller had advanced $1 million as a deposit, and Carnegie state it forfeit. Rockefeller determined to wait for a chance to get even out with Carnegie (Myers 254-255).

As can be seen from the above with reference to the barter for of Carnegie Steel by U.S. Steel, these associates were well paid for their efforts. Carnegie would often compensation tribute to the younger men with whom he surrounded himself. He also said that Morgan bought his partners while he, Carnegie, grew his own partners:

They grew because they were invested with responsibility in a departmentalized organization and their performance could be evaluated through an inflate system of functional cost accounting. The Minutes of the company's managers. . . belie the too easy assumption that Carnegie was not absolute monarch in his own domain (Hacker 347-348).

The railroad made transportation and converse less costly than they had ever been, and the telegraph which accompanied the maturement railroad meant almost instantaneous communication to nearly every part of the n
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