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Chapter 18, 19, 20, 21
Engines of Change
60
History
Undergraduate 1
02/09/2010

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Term
Vertical Integration
Definition
controlling every aspect of manufacturing (provide supplies, produce, and distribute)
Term
Andrew Carnegie's Steel Business
Definition
Vertical Integration
Term
James B. Duke's Tobacco Business
Definition
Vertical Integration
Term
Horizontal Integration
Definition
merging competitors into 1 systyem (cost cutting/efficincy)
Term
Rockefeller's Standard Oil Trust
Definition
Horizontal Integration
Term
Sherman Anti-trust Act of 1890
Definition
Abolished monopolies
Term
Southern Industrialization "The New South"
Definition
Creed to boost industry by abandoning traditional agriculture to promote industrialization
Term
"New South" new industry?
Definition
Lumber, turpentine, textiles, steel and cigarettes
Term
The Homestead Act of 1862
Definition
Free 60 acres/ family - Improve it in 5 years and it's yours
Term
Bonzanza Farms
Definition
Company run farms
Term
Cattle Ranching Boom and Bust
Definition
= Cattle Ranches being reorganized into smaller family owned ranches
Term
Cattle Ranching BOOM
Definition
open ranges, European investors, free grass
Term
Cattle Ranching BUST
Definition
Revolutionary barbed wire fencing enclosed farm land, market crash 1880
Term
Key Factors of Industrialization
Definition
1. Markets 2.Natural Resources 3.Transportation 4.Capital 5. Technology 6.Government Attitude 7.Entrepenuers
Term
Railroads
Definition
Need for cheap, long distance transportation for heavy loads
Term
Railroads for Economy
Definition
jobs/ culture/ economy/ new technology/ stimulated other industies
Term
1st Transcontinental Railroad
Definition
a.) Union Pacific west from Omaha
b.) Central Pacific east from SanFrancisco
(met @ Promontory Point, Utah May 10th 1869)
Term
Disfranchisement
Definition
To deprive of rights (voting) - One party rule in south used Multiple Box Law/ Poll Tax/ Literacy Test/ Understanding Clause/ Grandfather Clause
Term
"Jim Crow" segregation laws
Definition
Official segregated blacks and whites for 1st time after reconstruction
Term
Plessy vs. Ferguson
Definition
Ruled seperate but equal
Term
Booker T. Washington
Definition
President and Founder of Tuskegee Institute
Term
"Atlanta Compromise"
Definition
Booker T.'s speech encouraging blacks to shut up about rights and make somthing of themselves first
Term
W.E.B. Du Bois
Definition
founder of the NAACP - said that Booker T. was accomadting racism and started "talented tenth" instead
Term
Nativism
Definition
Anti-immigrant/ Anti-catholic
Term
American Protection Association
Definition
Nativists fouded in Iowa 1887
Term
Chinese Exclusion Act 1882
Definition
ended immigration by Chinese laborers, ended free immigration, set precedent for restriction or exclusion based on race
Term
"Old" Immigration
Definition
British, Netherlands, Germany, Scandanavia
Term
"New" Immigration
Definition
Russia, Asia, Mexico, Italy, Hungary, Turkey, Greece, Romania
Term
Terrance V. Powderly
Definition
Became head of Knights and changed Klan to Union
Term
Samuel Gompers & American Federation of Labor
Definition
to protect income and status of skilled workers, focus on wage hours and conditions, used strikes
Term
National Labor Union & KNights Labor Union
Definition
moral suasion and cooperation rather than confrontation with employer
Term
The Great Railroad Strike of 1877
Definition
Depression and banks collapsing turned strikes against wage cuts violent
Term
Haymarket Incident
Definition
Strike against McCormick International Harvester Co. bomb went off, 4 stikers killed, 8 anarchists convicted, 4 hung
Term
Pullman Strike
Definition
Pullman car workers strike at wage cuts but no rent reductions (company town near Chicago)
Term
Laissez Faire
Definition
Let "people" do "as they please" -- no gov. regulation in economic affairs
Term
tarrifs
Definition
taxes on imports
Term
low tarrifs
Definition
farmers, democrats, and rural republicans
Term
high tarrifs
Definition
buisnessmen, industrialists, and most republicans
Term
Gold standard
Definition
backed by (and redeemable) by gold
Term
Deflation
Definition
amound of goods and services goes way up and wages/earnings/prices go way down
Term
Trusts
Definition
a board of trustees runs a trust controlling a number of different companies
Term
Subtreasury plan
Definition
hold crops in bins while prices are low and take up to 80% loan out on crop worth
Term
"Free Siver"
Definition
used silver with gold's worth for currency(didn't work out)
Term
The populist party (1892-1912)
Definition
free silver, income tax, postal savings (no bank), regulation of railroads and direct election of senators (gov. does everything)
Term
Panic of 1893
Definition
Reading railroad bankrupt - stock market collapsed - entered worst depression country had ever had
Term
Coxey's Army (1894)
Definition
marched on washington for gov. to employ the unemployed in public works and to print paper money - Coxey jailed
Term
Election of 1896
Definition
Republicans -- McKinley/Gold & high
Democrats -- Bryan/Silver & low
Populists -- Bryan/Silver & low
Term
Bryan, William Jennings
Definition
Democrat and Populist nominee, nominated for "cross of gold" speech - lost
Term
Bryan, William Jennings
Definition
Democrat and Populist nominee, nominated for "cross of gold" speech - lost
Term
Venezuala Crisis of 1895
Definition
Venezuala/British boundry dispute,GB criticized so they backed off. U.S. established dominance in the western hemisphere
Term
Imperialists
Definition
for taking new colonies, for economic & cultural opportunities
Term
Anti-imperialists
Definition
against taking new colonies, fear of those colonies becoming non-white citizens - and against American values
Term
The Maine
Definition
ship went into Havana harbor in Cuba to back up U.S. demand that Spain leave - ship blows killing 226, Feb. 15 1898 Started spanish-american war (even though spain didn't blow int)
Term
Platt Amendment
Definition
Gave Cuba independence, but Cuba must stay independent, have to large debt to another country, and U.S. got guantanamo bay
Term
Secretary of State John Hay and the Open Door Note (1899)
Definition
Kept trade in a weak China open and fair among imperialist countries
Term
Boxer Rebellion
Definition
nationalist Chinese sought to oust forigners & imperialists from China - boxers extinguished by powers who then backed out
Term
Panama Canal Treaty (1903)
Definition
French get kicked out of Columbia, but Columbia wouldn't give canal to U.S. so U.S. backs Panama in succeeding from Columbia - Treaty then gave Panama independece and U.S. got canal
Term
Roosevelt Corrallary
Definition
European nations were paid their debts and then had to stay out of the western hemisphere
Term
Taft's Dollar Diplomacy
Definition
buys up debts western countries owed to Europe - substitute dollars for bullets
Term
Wilson's Missionary Diplomacy
Definition
The U.S. has to set an example for other countries to behave - interventions in Mexico, Dominican Republic and Haiti
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