Robber Barons
During the nineteenth century there were many people who contributed to America'sgrowth. Most of these people were either considered robber barons or captains of industry.The captains of industry generally contributed to the country in honest, hard-working ways.The robber barons, however, schemed against the country, sometimes causing monopolies inorder to achieve their great wealth. Examples of these are Jay Gould, George Pullman, andJ.P. Morgan. The wealthy industrialists of the late nineteenth century were robber barons. Jay Gould was one of the most successful
All were industrialists, someacquiring their wealth more honestly than others. George Pullman can be either considered a captain of industry or a robber baron. At the age of 34 hebecame a partner in the New York City firm Drexel, later being named J. He was born onMay 27, 1836 in Roxbury, New York. It grew to be one of the world's most powerful houses. In 1880 he founded the town ofPullman, Illinois as a community for the workers of his company. Morgan was born on April 17, 1837 in Hartford, Connecticut. In 1895 he organized acommittee to help the US Treasury which was on the verge of bankruptcy. Morgan formed theFederal Steele Company in 1898 and in 1901 he merged the company with others and formedthe United States Steele Corporation, A federal committee investigated J. He mostly grew up very poor and had little education.
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