Title: Railroad Barons
1Railroad Barons
- Powerful individuals
- Control railroads in USA
- Cornelius Vanderbilt
- Leland Stanford
- Made lots of money
- Aggressive, risk takers
- Gave money away later in life
2Railroads Stimulate the Economy
- Created economic links
- Carried natural resources and farm goods
- Carried manufactured goods
- Stimulated steel,iron,lumber, coal industries
- Created 1,000s of jobs
3Railroad Improvements and Technology
- Standard gauge- all RRs same width
- Westinghouse-air brakes
- Janney-linking system
- Swift-refrigerator cars
- Pullman-sleeping car
4Competing 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
- Govnt tried to stop
5Railroads change the USA
- Growth of industry in the West
- Flour milling to Great Plains
- Ag equipment to Midwest
- Beef production -Chicago
6Time 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
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8Questions
- 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 RRs was the most important?