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While Carnegie and Rockefeller continue to battle, J.P. Morgan arrives on the scene and establishes a bank in New York City that has one goal: to further the technological advancements
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While Carnegie and Rockefeller continue to battle, J.P. Morgan arrives on the scene and establishes a bank in New York City that has one goal: to further the technological advancements of America through finance. As he builds his empire and consolidates industries, Morgan decides to take a big risk. He enlists inventor Thomas Edison to help bring electricity to every home and business in the country. Rockefeller continues to expand his Standard Oil Company and aims to keep kerosene as the dominant resource powering electricity. Regardless of these competitive dynamics, American infrastructure is growing and cities are on the rise.
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With an investment from Morgan, the Edison Electric Company is created and begins wiring homes in New York. A rival, Nikola Tesla, soon emerges with a different technology for electric
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With an investment from Morgan, the Edison Electric Company is created and begins wiring homes in New York. A rival, Nikola Tesla, soon emerges with a different technology for electric light. A battle between Alternating Current (AC) and Direct Current (DC) power ensues. Morgan eventually buys out Edison and forms General Electric which adopts AC power, setting the stage for the next several decades of electric power. Meanwhile, there is increasing unrest among American workers as the gap between the rich and the poor grows.
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Vanderbilt, Rockefeller, Carnegie and Morgan have gone unmonitored for decades, but American politicians are about to change that. They want to guard against monopolies and an
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Vanderbilt, Rockefeller, Carnegie and Morgan have gone unmonitored for decades, but American politicians are about to change that. They want to guard against monopolies and an unbalanced use of power. The men, some lifelong enemies, come together with a play to gain influence with the White House. Their candidate, William McKinley, wins the White House and passes legislation favorable to big business. Morgan and Carnegie create U.S. Steel, the first billion-dollar company in the U.S. while Rockefeller takes control of 90 percent of North American oil.
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After McKinley is assassinated, Theodore Roosevelt becomes president and quickly passes a series of regulations increasing oversight of American business. Henry Ford devises the plan for
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After McKinley is assassinated, Theodore Roosevelt becomes president and quickly passes a series of regulations increasing oversight of American business. Henry Ford devises the plan for a gas-powered car, and he launches the assembly line as an innovative method of production. He targets the middle class with his Model T and changes the landscape of America.The Panama Canal opens up new trade routes. Rockefeller is put on trial for anti-trust violations. He loses in court and his company, Standard Oil, is one of the first monopolies broken up by the U.S. government. J.P. Morgan helps to establish the Federal Reserve and cements his legacy as the father of modern capitalism. He and other big business leaders become major philanthropists. As the U.S. Army sets sail for Europe in World War I, one thing is clear...these men didn’t discover America, they built it.
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