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Were industrialist leaders gilded age captains their indus

The Captains of Industry for kids: Thomas Carlyle coined the term The term 'Captains of Industry' was coined by Thomas Carlyle a Scottish writer and historian in his 1843 book called "Past and Present" in which he commented on the Impact of the Industrial Revolution during the Victorian era. The Captains of Industry were successful businessmen who created great American companies.

Unlike the infamous 'Robber Barons', the Captains of Industry were compassionate men who made important contributions that had a significant impact on the nation and on the people of America.

The men who deserved to be called Captains of Industry were those who made a positive contribution to the nation by expanding markets and increasing trade, providing more jobs and increasing productivity. Some put their wealth to improve the lives of others with generous acts of philanthropy charity. Captains of Industry Many of these men, called the Captains of Industry, were entrepreneurs who took risks developing the new inventions and technology during the era of the Industrial Revolution.

Their determination and hard work earned them money, fame and success. These were men of vision who guided and built new industries and made a significant contribution to the economy of the United States.

  • Hill 1838 — 1916 was a railroad industrialist who was known as 'The Empire Builder';
  • He was the trustee of the American Museum of Natural History;
  • Following the Panic of 1893, in an effort to keep his profits, Pullman increased working hours, cut wages and cut jobs which led to the violent dispute known as the Pullman Strike;
  • He accumulated the largest fortune in the United States;
  • A short description of these men defines their contribution to the nation;
  • His 'Gospel of Wealth' described the responsibility of philanthropy by the new upper class of self-made rich to further social progress and donated millions of dollars to charitable causes.

Robber Barons or Captains of Industry? There is a fine line between some of the men who are frequently referred to as being 'Captains of Industry'. Many ordinary American workers would have described these men as ' Robber Barons ' who used unfair business practices.

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A prime example is George Mortimer Pullman 1831 — 1897 who made his fortune by designing the Pullman sleeping car. Pullman founded a company town for his workers - the type of action that would describe one of the Captains of Industry. Pullman might have initially been well intentioned but later deserved the name 'Robber Baron'. Following the Panic of 1893, in an effort to keep his profits, Pullman increased working hours, cut wages and cut jobs which led to the violent dispute known as the Pullman Strike.

Who were the Captains of Industry? List of Names of Captains of Industry Whether a man was referred to as one of the Captains of Industry, or one of the Robber Barons, depended upon a person's perspective.

Our list of the Captains of Industry include men such as J. A few of these men also deserved the title of one of the Robber Barons. A short description of these men defines their contribution to the nation. For additional facts and information refer to the Rise of Big Business and Corporations. Captains of Industry for kids: Cyrus McCormick died in May 13, 1884.

36. The Gilded Age

Morgan was a leading financier who founded the banking company J. During the Panic of 1873 the banker J. Rockefeller 1839—1937 was the head of the Standard Oil Company, the first great U. However he was ruthless and used questionable and unethical methods and would therefore also be included in a list of the Robber Barons.

Andrew Carnegie Andrew Carnegie 1835—1919a self-made man who became a steel tycoon was a Philanthropist and donated towards the expansion of the New York Public Library. Andrew Carnegie attempted to soften the insensitive philosophy of Social Darwinism by publishing his 1889 article called the 'Gospel of Wealth'. His 'Gospel of Wealth' described the responsibility of philanthropy by the new upper class of self-made rich to further social progress and donated millions of dollars to charitable causes.

George Westinghouse George Westinghouse 1846 — 1914 was an inventor and entrepreneur. He invented the railway air brake in 1869 which improved railroad safety.

George Westinghouse was also a pioneer in the electricity industry with the development of alternating current Captains of Industry for kids: Thomas Edison Thomas Edison 1847 — 1931 was a great inventor and businessman. He developed the practical electric light bulb, the phonograph and the motion picture camera.

His inventions impacted the whole world. Hinde 1832 — 1915 was an industrialist and entrepreneur in the steamboat and railroad industries and one of the Captains of Industry.

Hinde was a great philanthropist who donated to many charities in southern California and lived a modest lifestyle despite his enormous wealth.

George Ferris George Ferris 1859-1896 was a talented civil engineer, inventor and an astute businessman involved in large-scale engineering projects involving the construction of railroads and bridges.

He was the inventor of the Ferris Wheel which was the most popular attraction at the Chicago World's Fair attracted over 27 million visitors from all over the world. De Witt Clinton De Witt Clinton was a man of great vision and responsible for the construction of the Erie Canal that was perceived as an engineering marvel and some even called it the "Eighth Wonder of the World".

His contribution has led us to include him on our list of the Captains of Industry. James Duke James Duke 1856 — 1925 was a U. Samuel Morse Samuel Morse 1791-1872 developed and patented the first electrical telegraph in the United States in 1837. The invention of the Morse Code and the first telegraph line enabled people to communicate instantly over distances that once required days or weeks of travel. Can you imagine a world without telephones? He registered over 200 patents for improving machinery in the gunpowder making process.

Cornelius Vanderbilt Cornelius Vanderbilt 1794—1877 was an industrialist in railroads and steamboats. He accumulated the largest fortune in the United States. Although undoubted one of the Captains of Industry he was a ruthless businessman who cut shipping rates forcing his competitors out of business which gained the reputation of one of the Robber Barons. Hill 1838 — 1916 was a railroad industrialist who was known as 'The Empire Builder'.

  • Morgan was a leading financier who founded the banking company J;
  • Edward Harriman Edward Harriman 1895 - 1978 was a financier and philanthropist who formed the banking firm Harriman Brothers and Company.

Unlike many of the Robber Barons he was supportive of farmers and during the depression and times of drought he donated cattle and grain to the farmers. He deserved the name as one of the Captains of Industry.

Edward Harriman Edward Harriman 1895 - 1978 was a financier and philanthropist who formed the banking firm Harriman Brothers and Company. He was the trustee of the American Museum of Natural History. Captains of Industry for kids - President Rutherford Hayes Video The article on the Captains of Industry provides detailed facts and a summary of one of the important events during his presidential term in office.

The following Rutherford Hayes video will give you additional important facts and dates about the political events experienced by the 19th American President whose presidency spanned from March 4, 1877 to March 4, 1881.