37:575:202 Lecture Notes - Lecture 4: Sherman Antitrust Act, Interstate Commerce Act Of 1887, Gilded Age
23 Dec 2018
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Confronting the gilded age: the 1890"s: covered or highlighted with gold or something of a golden color, having a pleasing or showy appearance that conceals something of little worth. Ex: columbian exposition 1893 example of the gilded cover-up in america. Marks the end of all hope for native americans. Ku klux klan: enforcers of the jim crow laws lynchings. Worst economic depression so far in america. Many people laid off, wages cut, etc. Greatest level of inequality in us history. A lot of problems in america, but on the surface, it looks wonderful. Illegal to create large organizations between companies (trusts) Trusts: large groups of organizations that did deals with one another. No anti-trust laws in america yet the farmers would be able to buy it individually. Were against the monopolies; large backing in the rural area. Farmers struggled due to the holding of the banks, rr, grain elevators. Grange: would buy products/machinery for the farmers for cheaper than.
