USH (5:2)● The Railroads

● Pacific Railway Act (1862)– Began railroad boom– Two companies offered as much land as they could take

● The Transcontinental Railroad

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(5:2)● Railroads create “time zones” (1883)

(5:2)● Scandals in the Railroad Industry

● “Credit Mobilier” (1872)– Construction company created by several stock holders

of Union Pacific Railroad

(5:2)● Robber Barons

● Corrupt railroad and business owners

(5:2)Famous Robber Barons

● John D. Rockefeller– Standard Oil

(5:2)● John Jacob Astor

– Fur, real estate

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● Andrew Carnegie– Steel

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● J.P. Morgan– Banking, steel

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● Milton Hershey– Chocolate

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● Andrew Mellon– finance