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AP US History > Chapter 24 > Flashcards

Chapter 24 Flashcards

1
Q

Union Pacific railroad

A

Go west from Omaha Nebraska

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2
Q

Central pacific

A

Started in Sacramento and went through Sierra Nevada

Backed by Leland Stanford and Collis Huntington

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3
Q

Northern pacific

A

Lake Superior –> puget sound

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4
Q

Atchison, Topeka, and Santa Fe

A

Through sw deserts to California

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5
Q

Southern pacific

A

New Orleans to San Francisco

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6
Q

Great northern

A

Duluth to Seattle

By James j hillran

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7
Q

Stock watering

A

Railroad stock promoters inflated their claims about a given lines assets and profitability and sold stocks and bonds in excess of the railroads actual value.
Railroad managers forced to charge high rates and wage battles in order to pay off exaggerated financial obligation

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8
Q

Pool

A

An agreement to divide the business in a given area and share the profits

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9
Q

Wabash case

A

Decreed individual states had no power to regulate interstate commerce
Federal government needs to fix railroad monopoly

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10
Q

Interstate commerce act

A

Prohibited rebates and pools
required the railroads to publish their rates openly
Forbade unfair discrimination against shippers
Outlawed charging more for a short haul than for a long one over the same line
Set up interstate commerce commission

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11
Q

Vertical integration

A

Bought companies for all the steps needed to make product

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12
Q

Horizontal integration

A

Buying out all the competitors

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13
Q

William Kelley

A

Discovered Bessemer process

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14
Q

Sherman anti trust act

A

Forbade combinations in restraint of trade w/out distinction of good trusts and bad trusts
Ineffective because contained so many loopholes

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15
Q

James Buchanan duke

A

Tobacco industry

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16
Q

Pittsburg plus pricing system

A

Iron and coal in Alabama should have given manufacturers competitive edge but steel lords in pittsburgh brought pressure to bear on compliant railroads
Steel still charged fictional fee if it shipped from Pittsburgh

17
Q

National labor union

A

Lasted 6 years
Skilled and unskilled
Excluded Chinese
Only nominal efforts to include blacks and women

18
Q

Colored national labor union

A

Support from Republican Party and racism kept me from working with the national labor union

19
Q

Knights of labor

A

After the national labor union defunct
Included all workers except gamblers, etc
Led th hay market square episode, but lost

20
Q

Terence v Powderly

A

Knights successful strike against goulds wabash railroad in 1885

21
Q

American federation of labor

A

Led by Samuel Gompers
Only for skilled workers
Association of self governed national unions that kept independence with AFL unifying
No individuals could join

AP US History (13 decks)

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