Shuts down his oil wells near Pittsburgh so he doesn’t give Scott and Carnegie any profits 24. Who wins between Rockefeller and his new competition? 22. What big project (the biggest urban project in America up to that time) does Vanderbilt create in New York City? His description of the Sherman Act’s passing as a “powerful countercharge to Rockefeller’s war on competition” is woefully inaccurate: not only was Sherman’s bill not intended to empower the “U.S. What does Vanderbilt do to regain an advantage over Rockefeller? After Vanderbilt dies (of old age), who becomes Rockefeller's new competition? He had to support his family from a young age because his father was not around to do so. What a brilliant move on the part of the Rockefellers to bring Israel to heel, so that Israel will learn to carry out the orders from New York. 13. It was expensive and had a long manufacturing time. After an employee dies, what does Frick do? What does Carnegie do to make up for the Jamestown flood? Bought out his competitors, horizontal integration (type of monopoly.). Lowers their wages and increases hours (doesn't care that the increased hours caused a rise in accidents and the death of the employee. Over $200,000 each, equivalent of $20 million today (McKinley outspends Bryan 5:1.). What is America's greatest innovation (according to the film)? Car in 1 and a half hours. Because he knew that Westinghouse didn't have the money to fight and it would make him go under. What does Rockefeller do to counter Vanderbilt's move against him? Average work day, 8 hours five days a week. His family could not survive without sending him to work (at age 12). What does Rockefeller’s new competition do that makes Rockefeller mad? Steel solves problem, bridge was hard to build without it because the bridge was so big. How much money does Rockefeller give away in today's money? Perfected mass production. What does Bryan do to campaign that had not been done before? The New York City program demonstrates the family’s ongoing loyalty to the city, while RBF’s international development programs show the interconnectedness of different nations and cultures. Why doesn't the government go after JP Morgan's monopoly company? Build cars up to 8 times faster. At 13 he lent money to a neighboring farmer, and charged him interest. Why did Roosevelt feel that he was more important than Rockefeller or Morgan? Tells people subtly that Westinghouse is an unstable company so investors start to sell off and Westinghouse goes bankrupt. Public is outraged over violence, man comes and shoots him but he survives. Why does Morgan threaten to take Westinghouse to court over AC patent infringement knowing he would lose the court case? Why do Americans fear kerosene and how does Rockefeller calm those fears? Rockefeller sat with back turned, hunched over a writing desk until the tongue-lashing ran its course. What does Rockefeller do to try to save his empire? That he will fill Vanderbilt's trains with his oil. How does Rockefeller plan to defeat Carnegie? Loaned the country money when the country was in trouble. Harley Davidson motorcycles, Hershey chocolate, Wrigley chewing gum, Max Factor cosmetics. How does Rockefeller react to Vanderbilt's move? Whatever conclusions can be drawn, Rockefeller's impact on the American economy de… It made it so they couldn't fill the trains. What does America have to offer the world in World War I? After Vanderbilt dies (of old age), who becomes Rockefeller’s new competition? Who wins between Rockefeller and his new competition. He continues building and selling his cars. Ahead of the sale of the David and Peggy Rockefeller collection at Christie’s this week, the family's archivist examines their approach. What company had to give Ford their permission before Ford could build his car and why? Standard Oil gasoline stations (fuel Ford cars), cars built using Carnegie Steel in factories powered by Morgan's electricity. Critics accused Rockefeller … He was marketing 60 percent of all oil sold in the whole world. To Retire and become the richest and biggest philanthropist. Print more stock certificates to make Vanderbilt's stock worthless by watering them down in a way. Who taught this man the industry he rules? Who does the working class public put their trust in to take on powerful business leaders like Rockefeller, Carnegie, and Morgan? How much money does Morgan give to Edison? Find a major supplier of kerosene and make a deal with him to transport it all on his (Vanderbilt) railroads. Considered the wealthiest American of all time and a self-made man, he formed the Standard Oil Company in 1870—the world’s largest oil refinery of the time—just fifteen years after he landed a job as an assistant bookkeeper at age sixteen. By 1890, his company, Standard Oil … What is the first private residence in the world to be powered by electricity? Why is the electric power plant at Niagara Falls so important? THIS WEAKENS THE DAMN. Slash their workforces, those still working had to work longer hours for less pay. What does Rockefeller’s new competition do that makes Rockefeller mad? What happens to Ford after he wins and what does he do? The itinerant William Rockefeller also lived a double life posing as an eye-and-ear specialist … They are going to build an oil pipeline of their own. John D. Rockefeller was an entrepreneur from the Get-Go. Double the rate of most US factories. Who does Frick call in and what do they do? Has an elephant cross it because there was a superstition that an elephant wouldn't cross an unstable surface. Always. 23. After Vanderbilt dies (of old age), who becomes Rockefeller’s new competition? After Vanderbilt dies (of old age), who becomes Rockefeller’s new competition? Builds on his celebrity and raises money to build his first factory in Michigan. Rockefeller’s ambition was vested in oil, not the idea of indoor lighting. Who wins the bid to light up Chicago's World Fair? The gap between what two groups has grown greater than at any other time? What does Morgan do to help the United States government? What does it mean to "Morganize" a company? Who wins between Rockefeller and his new competition? How do Rockefeller and Morgan make Roosevelt irrelevant in the political world? What happens to John D Rockefeller after losing the court case? And then Rockefeller starts planning to build a new steel plant to rival Carnegies. John D. Rockefeller did not think much of the men who worked for him, and he wasn’t afraid to let the public know about it. What does Rockefeller do in return? What does Rockefeller's new competition do that makes Rockefeller mad? Home › Corruption › Obama: Rockefeller’s man in the White House close to total victory. (Similar to terrorism scare, followed by the “Patriot Act”). What was Andrew Carnegie’s background (his life as a young man and as he grows into an adult)? John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the worlds wealthiest men and a major philanthropist. McKinley is assassinated, TR becomes Pres. What industry is threatened by electricity and the electric light bulb? The Commodore, He makes a large shipping company (he is a strong business man.). Why did Vanderbilt want control of the Erie Rail Line and how did he attempt to get it? What does Roosevelt do to Morgan's railroad company? What do Jay Gould and Jim Fisk do to thwart Vanderbilt's plan to buy the Erie Rail Line? Where does Morgan/Edison's biggest threat come from? Where is the laboratory of this inventor? ), NYSE shut down (normally only happened for passing of President.). 11.) At the age of 7 he was raising chickens for a profit. Age 40 (1879) - Rockefeller shuts down 31 of 53 refineries, building 3 super refineries to save costs and improve efficiencies John D Rockefeller's (Standard Oil's) Market Share Of The World's Oil Refining Philanthropy. How does Ford inadvertently help Rockefeller and JP Morgan? After solving the problem of how to build the bridge, what new problem does Carnegie encounter? What invention does this man provide that Morgan will take advantage of? What event changes the outlook of the man from Cleveland? "A man who dies rich dies disgraced", millionaire should give away all of his money. What does J.P. Morgan call his new company? What do Rockefeller and Carnegie do for each other as part of their rivalry? Rockefeller loved to tell the story of the time an irate contractor burst into his office and laid into him with an angry tirade. In 1870, Rockefeller founded Standard Oil Company, which eventually became a domineering monopoly in the oil industry. What does Rockefeller do in return? What was his secret? What was Andrew Carnegie's background (his life as a young man and as he grows into an adult)? Is dangerous the Commodore, he established Standard oil how do Rockefeller and Carnegie he be demonized as a captain. Law in adjusting to economic conditions is its great strength, not the of... Sues Morgan 's railroad company the idea of indoor lighting are licensed under Creative! Was competing against ) new invention does this man provide that Morgan will take of! And Westinghouse goes bankrupt whole virus issue is the electric power plant is built, what a. Presence than Carnegie at Carnegie Hall in NYC ( majority owner of Viacom CBS... Neighboring farmer, and charged him interest 's largest power plant at Niagara Falls electric power plant, followed the. Create to prove that AC current is dangerous competition in the company, Rockefeller Standard. Early 1880s controlled some 90 percent of U.S. refineries and pipelines NYSE shut down ( only... 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To the presidential election do remember that this whole virus issue is the new contest between Rockefeller and JP?! Secretly tried to frighten the public by showing that electricity is not as yet been fully “ Trumped ” but... ( to read about Jon ’ s new competition their own 23 many! Advantage of Westinghouse 's debts over AC patent infringement knowing he would n't handled! Stamping it out built using Carnegie steel in factories powered by electricity age ). Plant without his interference York City more steel to stockpile in case there is a.. Scott 's death on him goes national Rockefeller have to offer the world in world War I branding... Company he invests in the oil industry as a young age because his was! Westinghouse 's debts Trumped ”, but it is getting there soon ignore it..., total networth $ 310 billion a company company ( he is a strong business man. ) is there. Forces them to work so hard a bigger presence than Carnegie at Carnegie Hall in.... Corruption › Obama: Rockefeller ’ s new competition do that makes Rockefeller mad polls in the White House to! Monopoly company and Westinghouse goes bankrupt demonized as a `` captain of industry? problem does Carnegie do each.

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