Early American Industrialists Essay
Early American Industrialists
An industrialists is someone who manages or has significant financial interest in an industrial enterprise. In the eyes of many, the early American industrialists were cruel and selfish people who lacked concern for others and took advantage of the worker; but to my way of thinking, they were smart people who worked hard to make it to where they were and without some of them we would not have some of the things we have today.
Andrew Carnegie, the richest man in the world, was born in Scotland on November 25, 1835. Starting off with only helping start an American steel company at such a young age, soon became one of the richest young men at his time. This is only the beginning of his wealth and one of the many …show more content…
The education level for Vanderbilt wasn’t very high due to his families income. He started working at the age of 16 and his first job was transporting people and cargo throughout the New York harbor. This was a well maintained job for a 16 year old and he kept up with it very well because he was able to progress more and more with it and eventually Vanderbilt controlled most of the ferry traffic in New York waters. This of course was his first encounter with a higher income and it really opened up his eyes. However, in 1818 he sold his fleet and decided to work for a steamship line run by Thomas Gibbons. He worked with Gibbons until 1829 after having learned all he could, he left to create his own line. Vanderbilt's line became the dominant steamship business on the Hudson River because of the large to low pricing and reasonable accommodations. His competitors came together and bought him out. Vanderbilt decided to start serving in Boston and Long Island. Later he became known as the “Commodore When Vanderbuilt found out about the Gold Rush Fever of 1849, Vanderbilt started a cheap, trustworthy way for prospectors to make it to the California gold fields. In 1851, he arranged ship routes from New Orleans to Central America, travel across the isthmus, and another ship for the Pacific to San Francisco. Vanderbilt was so successful that his competition bought him out and paid him $50,000 a month for not operating his
An industrialists is someone who manages or has significant financial interest in an industrial enterprise. In the eyes of many, the early American industrialists were cruel and selfish people who lacked concern for others and took advantage of the worker; but to my way of thinking, they were smart people who worked hard to make it to where they were and without some of them we would not have some of the things we have today.
Andrew Carnegie, the richest man in the world, was born in Scotland on November 25, 1835. Starting off with only helping start an American steel company at such a young age, soon became one of the richest young men at his time. This is only the beginning of his wealth and one of the many …show more content…
The education level for Vanderbilt wasn’t very high due to his families income. He started working at the age of 16 and his first job was transporting people and cargo throughout the New York harbor. This was a well maintained job for a 16 year old and he kept up with it very well because he was able to progress more and more with it and eventually Vanderbilt controlled most of the ferry traffic in New York waters. This of course was his first encounter with a higher income and it really opened up his eyes. However, in 1818 he sold his fleet and decided to work for a steamship line run by Thomas Gibbons. He worked with Gibbons until 1829 after having learned all he could, he left to create his own line. Vanderbilt's line became the dominant steamship business on the Hudson River because of the large to low pricing and reasonable accommodations. His competitors came together and bought him out. Vanderbilt decided to start serving in Boston and Long Island. Later he became known as the “Commodore When Vanderbuilt found out about the Gold Rush Fever of 1849, Vanderbilt started a cheap, trustworthy way for prospectors to make it to the California gold fields. In 1851, he arranged ship routes from New Orleans to Central America, travel across the isthmus, and another ship for the Pacific to San Francisco. Vanderbilt was so successful that his competition bought him out and paid him $50,000 a month for not operating his