Thursday, October 24, 2013

John Davison Rockefeller

John Davison Rockefeller ( July 8th 1839- May 23rd 1927) was an American Industrialist and Philanthropist. John was the founder of a Standard Oil company. After the first year of business closed, the business's gross was $450,000. In 1870, Rockefeller founded the first great U.S. business trust and ran it until he retired in 1897. Rockefeller revolutionized the Petroleum Industry and defined the structure of Philanthropy ( Love of humanity). As the drive for gasoline and kerosene increased so did Rockefeller's wealth and he became the richest man in the world and the only American to be worth more than a billion dollars.

Monday, October 14, 2013

Hiring Workers

Many Chinese peasants started arriving on California's shores in 1850. They were pushed by poverty and overpopulation. In early 1865, the Central Pacific had enough work for 4,000 men.  Most of the early workers were Irish immigrants. Some Central Pacific officials believed that the Irish would spend their wages on liquor, and that the Chinese were unreliable. "Wherever we put them, we found them good." Crocker recalled. "And they worked themselves into our favor to such an extent that if we found we were in a hurry for a job of work, it was better to put the Chinese on at once." Toward the end of the line, Crocker was so convinced at the skill of the Irish and Chinese, that he pushed for a new railroad building record. Ten miles of railroad tracks in one day.

http://www.pbs.org/wgbh/americanexperience/features/general-article/tcrr-cprr/