Thursday, October 30, 2008

Andrew Carnegie


Andrew Carnegie started out at age 13 making $1.20 as a bobbin boy. Later in life he learns the value of investing and decides to invest in railroad-related industries (iron, bridges, and rails), and then he began to gain good amounts of money. While Carnegie paid his employees the low wages typical of the time, he later gave away most of his money to fund many libraries, schools, and universities in America, the United Kingdom and other countries. Steel was where he made his fortune. In the 1870s, he founded the Carnegie Steel Company, which made him one of the “Captains of Industry”. By the 1890s, the company was the largest and most profitable industrial enterprise in the world. Carnegie sold it to J.P. Morgan in 1901, who created US Steel. Carnegie devoted the remainder of his life to large-scale charity, with special emphasis on local libraries, world peace, and education and scientific research. With our socratic seminar that we had Thursday, he was one of the people who I would consider on of the "Heros" and not one of the "Robber Barons", becuase of like what I said "Its not that if you're rich you should be considered a "Robber Baron" its how you use your wealth and how greedy you really are." I think that with all of his givings and helping of schools and libraries he clearly justified himself instead of useing the excuses that the Robber Barons used.

Friday, October 17, 2008

To what extent was reconstruction considered a failure?



Reconstruction after the Civil War in a way failed in many ways. First congress did not promote freedmen’s independence through land reforms; without property of their own, southern blacks lacked the economic power to defend their interest as free citizens. A second cause of Reconstruction’s collapse is less open to dispute; the federal government neglected to back congressional Reconstruction with military force.

Thursday, October 9, 2008

The Compromise of 1850 was statehood for California; territorial status for Utah and New Mexico, allowing popular sovereignty; resolution of the Texas-New Mexico boundary disagreement; federal assumption of the Texas debt; abolition of the slave trade in the District of Columbia; and a new fugitive slave laws.

(WOW) That is a little bit more than what I know or can comprehend. Wikipedia says that the Compromise of 1850 was a series of bills aimed at resolving the territorial and slavery controversies arising from the Mexican-American War. There were five laws which balanced the interests of the slave states of the South and the free states to the north. California was admitted as a free state; Texas received financial return for giving up claim to lands west of the Rio Grande in what is now New Mexico; the Territory of New Mexico (including present-day Arizona and a portion of southern Nevada) was organized without any specific ban of slavery; the slave trade (but not slavery itself) was terminated in the District of Columbia; and the severe Fugitive Slave Law was passed, requiring all U.S. citizens to assist in the return of runaway slaves regardless of the legality of slavery in the specific states.