fight against big businesses Flashcards
when was the Sherman anti-trust act?
1890
when was the railroad strike?
1877
how many rail workers were killed and injured each year?
200 killed and 30,000 injured
when was the granger movement created?
1867
how many members did the granger movement have by the mid-1870’s?
800,000 and ever state had at least 1 grange
what did the granger movement want?
- silver standard (more money available/farmers get loans)
- industrialization modernization (keeping up with big businesses by getting loans for new tech and products)
- railroads (cap the prices they charge farmers)
- banks (reduce interest on loans)
what was the court case in 1877 where the granges defeated bug businesses by fighting the high charges of grain storage?
Munn vs Illinois
what are the problems of big business?
- monopolization
- doesn’t allow small businesses
- towns and cities can be destroyed
- the increased wealth gap
- exploitation of workers
- one boss = no opposition
- trusts could control the market
by what year did the farmers alliance have 4 governors?
1800
when was the kngights of labour movement?
1869
what was knights of labour?
- workers rights
- 100,000 members by 1885
- ened in 1886 with haymarket bomb outrage where 6 were killed
when was the AFL and who created it?
- 1885
- samuel gompers
how many members did AFL have by 1892?
250,000
when was the coinage act that removed silver from the market?
1873
when did panic from JP morgan cause him to ally with cleveland, and how much did he give him?
1893
- 62 million