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The Hepburn Committee
The Hepburn Committee was created in 1879 by an act of the New York State Legislature. A. Barton Hepburn was directed by the State Legislature to investigate the railroads' practice of giving freight rate rebates (as much as 25%) to certain of their largest corporate clients, creating what were in effect much higher freight rates for smaller companies and an unfair advantage for some of the largest corporations in the nation - like John D. Rockefeller's Standard Oil Company. Merchants without ties to the oil industry had pressed for the hearings. Prior to the committee's investigation, few knew of the size of Standard Oil's control and influence on seemingly unaffiliated oil refineries and pipelines - Hawke (1980) cites that only a dozen or so within Standard Oil knew the extent of company operations. The committee counsel, Simon Sterne, questioned representatives from the Erie Railroad and the New York Central Railroad and discovered that at least half of their long-haul traffic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York State Legislature
The New York State Legislature consists of the two houses that act as the state legislature of the U.S. state of New York: The New York State Senate and the New York State Assembly. The Constitution of New York does not designate an official term for the two houses together; it says only that the state's legislative power "shall be vested in the senate and assembly". Session laws passed by the Legislature are published in the official ''Laws of New York''. Permanent New York laws of a general nature are codified in the ''Consolidated Laws of New York''. As of January 2021, the Democratic Party holds supermajorities in both houses of the New York State Legislature, which is the highest paid state legislature in the country. Legislative elections are held in November of every even-numbered year. Both Assembly members and Senators serve two-year terms. In order to be a member of either house, one must be a citizen of the United States, a resident of the state of New York for at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John D
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Oil Company
Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-founder and chairman, John D. Rockefeller, who is among the wealthiest Americans of all time and among the richest people in modern history. Its history as one of the world's first and largest multinational corporations ended in 1911, when the U.S. Supreme Court ruled that it was an illegal monopoly. The company was founded in 1863 by Rockefeller and Henry Flagler, and was incorporated in 1870. Standard Oil dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration; the company was an innovator in the development of the business trust. The Standard Oil trust streamlined production and logistics, lowered costs, and undercut competitors. "Trust-busting" cri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon Sterne
Simon Sterne (born June 23 1839, Philadelphia – died September 22 1901, New York City) was an American lawyer and economist. Biography He studied at the University of Heidelberg, and then graduated from the law department of the University of Pennsylvania in 1859. He was admitted to the bar of New York in 1860, and established himself in practice in New York City. He represented many corporate interests, and paid special attention to real estate and constitutional law. In 1862, he was elected lecturer on political economy in Cooper Union. He was on the staff of the ''Commercial Advertiser'' from 1863 to 1864, was a founder of the American Free-trade League in 1864, and in 1865 published the ''New York Social Science Review'', co-founded and edited with Alexander del Mar. Taking an active part in the movement for the purification of municipal politics, he was chosen secretary of the Committee of Seventy in 1870, and drafted the charter that was advocated by that committee. In 187 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erie Railroad
The Erie Railroad was a railroad that operated in the northeastern United States, originally connecting New York City — more specifically Jersey City, New Jersey, where Erie's Pavonia Terminal, long demolished, used to stand — with Lake Erie, at Dunkirk, New York. It expanded west to Chicago with its 1865 merger with the former Atlantic and Great Western Railroad, also known as the New York, Pennsylvania and Ohio Railroad (NYPANO RR). Its mainline route proved influential in the development and economic growth of the Southern Tier of New York State, including cities such as Binghamton, Elmira, and Hornell. The Erie Railroad repair shops were located in Hornell and was Hornell's largest employer. Hornell was also where Erie's mainline split into two routes, one northwest to Buffalo and the other west to Chicago. On October 17, 1960, the Erie merged with former rival Delaware, Lackawanna & Western Railroad to form the Erie Lackawanna Railroad. The Hornell repair shops were c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Central Railroad
The New York Central Railroad was a railroad primarily operating in the Great Lakes and Mid-Atlantic regions of the United States. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the Midwest, along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, Rochester and Syracuse. New York Central was headquartered in New York City's New York Central Building, adjacent to its largest station, Grand Central Terminal. The railroad was established in 1853, consolidating several existing railroad companies. In 1968, the NYC merged with its former rival, the Pennsylvania Railroad, to form Penn Central. Penn Central went bankrupt in 1970 and merged into Conrail in 1976. Conrail was broken-up in 1999, and portions of its system were transferred to CSX and Norfolk Southern Railway, with CSX acquiring most of the old New York Central trackage. Extensive trackage existed in the states of New York, Pennsyl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Dustin Archbold
John Dustin Archbold (July 26, 1848 – December 6, 1916) was an American businessman and one of the United States' earliest oil refiners. His small oil company was bought out by John D. Rockefeller's Standard Oil Company. Archbold rose rapidly at Standard Oil, handling many of the complex secret negotiations over the years. By 1882, he was Rockefeller's closest associate, and typically acted as the company's primary spokesman. Rockefeller, after 1896, left business matters to Archbold while he pursued his philanthropy; as vice president, Archbold effectively ran Standard Oil until his death in 1916. Inspired by Rockefeller's policies, Archbold's main goals were stabilization, efficiency, and minimizing waste in refining and distributing petroleum products. When the company was broken up by the Supreme Court in 1911 into 34 smaller operations, Archbold became president of the largest one, Standard Oil of New Jersey. Personal life Archbold was born to Methodist minister Rever ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John D
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption In The United States
Corruption in the United States is the act of government officials Political corruption, abusing their political powers for private gain, typically through bribery or other methods, in the United States government. Corruption in the United States has been a perennial political issue, peaking in the Jacksonian era and the Gilded Age before declining with the reforms of the Progressive Era. As of 2022 the United States is the 27th least corrupt country according to the Corruption Perceptions Index. History 18th century Corruption in the United States dates back to the founding of the country. The American Revolution was, in part, a response to the perceived corruption of the Monarchy of the United Kingdom, British monarchy. Separation of powers was developed to enable accountability. Freedom of association also served this end, allowing citizens to organize independently of the government. This was in contrast to some European powers at the time where all associations and econo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Railroad Regulation
Rail transportation in the United States consists primarily of freight shipments, with a well integrated network of standard gauge private freight railroads extending into Canada and Mexico. Passenger service is mainly mass transit and commuter rail in major cities. Intercity passenger service, once a large and vital part of the nation's passenger transportation network, plays a limited role as compared to transportation patterns in many other countries. The United States has the largest rail transport network size of any country in the world. The nation's earliest railroads were built in the 1820s and 1830s, primarily in New England and the Mid-Atlantic region. The Baltimore and Ohio Railroad, chartered in 1827, was the nation's first common carrier railroad. By 1850, an extensive railroad network had begun to take shape in the rapidly industrializing Northeastern United States and the Midwest, while relatively fewer railroads were constructed in the primarily agricultural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1879 In American Politics
Events January–March * January 1 – The Specie Resumption Act takes effect. The United States Note is valued the same as gold, for the first time since the American Civil War. * January 11 – The Anglo-Zulu War begins. * January 22 – Anglo-Zulu War – Battle of Isandlwana: A force of 1,200 British soldiers is wiped out by over 20,000 Zulu warriors. * January 23 – Anglo-Zulu War – Battle of Rorke's Drift: Following the previous day's defeat, a smaller British force of 140 successfully repels an attack by 4,000 Zulus. * February 3 – Mosley Street in Newcastle upon Tyne (England) becomes the world's first public highway to be lit by the electric incandescent light bulb invented by Joseph Swan. * February 8 – At a meeting of the Royal Canadian Institute, engineer and inventor Sandford Fleming first proposes the global adoption of standard time. * March 3 – United States Geological Survey is founded. * March 11 – The Ry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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