Charles R. Geisst
- Published in print:
- 1999
- Published Online:
- November 2003
- ISBN:
- 9780195130867
- eISBN:
- 9780199871155
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0195130863.003.0005
- Subject:
- Economics and Finance, Economic History, Financial Economics
The development of trusts and the popularity of trusts as investments. Introduction of the Sherman Act, the consolidation of industry, merger creating U.S. Steel, Andrew Carnegie & Morgan, Panic of ...
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The development of trusts and the popularity of trusts as investments. Introduction of the Sherman Act, the consolidation of industry, merger creating U.S. Steel, Andrew Carnegie & Morgan, Panic of 1894, Panic of 1903, Panic of 1907, Morgan's role in averting panic, and the development of the money trust among New York banks. Dow Jones average begun.Less
The development of trusts and the popularity of trusts as investments. Introduction of the Sherman Act, the consolidation of industry, merger creating U.S. Steel, Andrew Carnegie & Morgan, Panic of 1894, Panic of 1903, Panic of 1907, Morgan's role in averting panic, and the development of the money trust among New York banks. Dow Jones average begun.
Edward Morris
- Published in print:
- 2015
- Published Online:
- May 2016
- ISBN:
- 9780231170543
- eISBN:
- 9780231540506
- Item type:
- chapter
- Publisher:
- Columbia University Press
- DOI:
- 10.7312/columbia/9780231170543.003.0001
- Subject:
- Business and Management, Business History
The chapter chronicles the life of J. Pierpont Morgan and his rise to becoming America’s most important banker.
The chapter chronicles the life of J. Pierpont Morgan and his rise to becoming America’s most important banker.
Melissa Aronczyk and Maria I. Espinoza
- Published in print:
- 2021
- Published Online:
- December 2021
- ISBN:
- 9780190055349
- eISBN:
- 9780190055387
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780190055349.003.0003
- Subject:
- Sociology, Culture, Science, Technology and Environment
Chapter 2, Bringing the Outside In, examines the industrial infrastructures within which the burgeoning profession of public relations coalesced: rail, steel, and coal, and the simultaneous ...
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Chapter 2, Bringing the Outside In, examines the industrial infrastructures within which the burgeoning profession of public relations coalesced: rail, steel, and coal, and the simultaneous development of information infrastructures to situate these industries as paragons of democracy in the American imagination. It was in struggles over labor rights, workers’ rights, employee welfare, and industrial reform that the practice of public relations forged its methods, as scions of power and privilege attempted to manage the “external environment” of public and political opinion to reduce friction for the machinations of heavy industry. While the “external environment” does not directly map onto the natural environment, we see in these struggles the porousness of the boundaries between the inside and the outside of industrial production, allowing industrial leaders to control the outside world in addition to the one within their walls.Less
Chapter 2, Bringing the Outside In, examines the industrial infrastructures within which the burgeoning profession of public relations coalesced: rail, steel, and coal, and the simultaneous development of information infrastructures to situate these industries as paragons of democracy in the American imagination. It was in struggles over labor rights, workers’ rights, employee welfare, and industrial reform that the practice of public relations forged its methods, as scions of power and privilege attempted to manage the “external environment” of public and political opinion to reduce friction for the machinations of heavy industry. While the “external environment” does not directly map onto the natural environment, we see in these struggles the porousness of the boundaries between the inside and the outside of industrial production, allowing industrial leaders to control the outside world in addition to the one within their walls.
Dale Maharidge
- Published in print:
- 2011
- Published Online:
- May 2012
- ISBN:
- 9780520262478
- eISBN:
- 9780520948792
- Item type:
- chapter
- Publisher:
- University of California Press
- DOI:
- 10.1525/california/9780520262478.003.0004
- Subject:
- Anthropology, American and Canadian Cultural Anthropology
This chapter talks about a contractor hired by the U.S. Steel Corporation who dynamited four blast furnaces at the Ohio Works in Youngstown. This clip was often played on television news to ...
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This chapter talks about a contractor hired by the U.S. Steel Corporation who dynamited four blast furnaces at the Ohio Works in Youngstown. This clip was often played on television news to illustrate America's declining heavy industry. Free trade would boom. New jobs were coming, and the old simply had to be allowed to die. Eleven months later, Joe Marshall Sr. stood at the edge of what was left of the Ohio Works—twisted steel, bricks, and office desks. A mile-long meadow was being created on the banks of the Mahoning River. On Black Monday, September 19, 1977, the Campbell Works became the first mill to close shop in Youngstown. In the next few years, other steel mills shut down, leading to the loss of some 50,000 jobs, directly or indirectly tied to steel, in the Mahoning Valley. The numbers told some of the story of misery. Official figures showed a peak of 21 percent unemployment. Decay, rust, and death pervaded all aspects of life in the city.Less
This chapter talks about a contractor hired by the U.S. Steel Corporation who dynamited four blast furnaces at the Ohio Works in Youngstown. This clip was often played on television news to illustrate America's declining heavy industry. Free trade would boom. New jobs were coming, and the old simply had to be allowed to die. Eleven months later, Joe Marshall Sr. stood at the edge of what was left of the Ohio Works—twisted steel, bricks, and office desks. A mile-long meadow was being created on the banks of the Mahoning River. On Black Monday, September 19, 1977, the Campbell Works became the first mill to close shop in Youngstown. In the next few years, other steel mills shut down, leading to the loss of some 50,000 jobs, directly or indirectly tied to steel, in the Mahoning Valley. The numbers told some of the story of misery. Official figures showed a peak of 21 percent unemployment. Decay, rust, and death pervaded all aspects of life in the city.
