HIST 105 Lecture Notes - Lecture 5: William Lloyd Garrison, Cyrus Mccormick, Preston Brooks
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Business terms ** exam question: bond, debt, there is a term for a bond, perishable, pays interest, principal returned, stock, ownership, claim on assets, earnings, dividends: giving stock owners part of earnings2. Interchangeable parts: continuous process- assembly line; starts somewhere, ends somewhere else with full product, machine tools. Agricultural advances: steel plow (john deere)- first out of hard wood, then iron to cut land, threshing machine (cyrus mccormick, transportation. Stephen a. douglas: democrat, from north, illinois, expansionist foreign policy, economic development- forward thinking guys, smart, states, territories, the above two need to grow economically and politically, solution to slavery = compromise. Violence among gentlemen: sen. charles sumner (r-ma)- sees nothing worthwhile in slavery, makes speech insulting to south and butler, sen. andrew butler (d-sc)- supporter of slavery, rep. preston brooks (d-sc) Insulted by what sumner said that he went up to sumner with his cane, sumner was disable for a while.