Railroad Barons
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Transcript of Railroad Barons
![Page 1: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/1.jpg)
Railroad Barons
• Powerful individuals• Control railroads in
USA• Cornelius Vanderbilt• Leland Stanford• Made lots of money• Aggressive, risk takers• Gave money away
later in life
![Page 2: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/2.jpg)
Railroads Stimulate the Economy
• Created economic links
• Carried natural resources and farm goods
• Carried manufactured goods
• Stimulated steel,iron,lumber, & coal industries
• Created 1,000’s of jobs
![Page 3: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/3.jpg)
Railroad Improvements and Technology
• Standard gauge- all RR’s same width
• Westinghouse-air brakes
• Janney-linking system• Swift-refrigerator cars• Pullman-sleeping car
![Page 4: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/4.jpg)
Competing for Customers
• 2 kinds-passengers and businesses
• Most money from businesses
• Rebates-secret discounts to customers
• Pools-agreements between big RR companies
• Force smaller RR out
• Govn’t tried to stop
![Page 5: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/5.jpg)
Railroads change the USA
• Growth of industry in the West
• Flour milling to Great Plains
• Ag equipment to Midwest
• Beef production -Chicago
![Page 6: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/6.jpg)
Time Zones
• People travel more
• Concerned with hours rather than miles
• Regions of country were united
• 4 time zones in the continental USA created
• Eastern, Central, Mountain, Pacific
![Page 7: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/7.jpg)
![Page 8: Railroad Barons](https://reader036.fdocuments.us/reader036/viewer/2022081002/56812c81550346895d913728/html5/thumbnails/8.jpg)
Questions
• How did the RR change life for farmers and ranchers?
• How did the RR change industry in the USA?
• How did the RR unite the USA?
• Which change in RR’s was the most important?