Industrial America:

Corporations and Conflicts

Chapter 17
Aim: What new opportunities and
risks did industrialization bring,
and how did it reshape American
society?
Do Now: “As we view the achievements of aggregated capital, we discover the
existence of trusts, combinations, and monopolies, while the citizen is
struggling far in the rear or is trampled to death beneath an iron heel.
Corporations, which should be the carefully restrained creatures of the law
and the servants of the people, are fast becoming the people's masters. “ -
Grover Cleveland, 1888
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 Strikes
• Haymarket Bombing  200 Anarchists advocate
overthrow of gov’t.
• Meeting held in Haymarket Square, Chicago.
• Bomb thrown, killing 7 police officers
• Knights of Labor loses popularity.
• Homestead Strike  Failed steel industry strike
• Pullman Strike  Railroad strike against George Pullman
company.
• Gov’t rules that strikes/boycotts can’t interfere with mail trains
= weakening union power.
 Interstate Commerce Act
1886

•Requires Railroad rates to be reasonable and just.

•Sets up Interstate Commerce Commission  federal
regulatory agency.
• Can investigate and prosecute pools, rebates and other
discriminatory practices.