HIST 2112 Study Guide - Final Guide: Sherman Antitrust Act, Interstate Commerce Act Of 1887, Carnegie Steel Company
Document Summary
Mail order houses: montgomery ward 1872, sears and roebuck, 1893. Chain stores: a&p grocery, woolworth"s ( five and dime stores) Ayer of new york founded the first american advertising agency in the u. s. in 1869. Gross retail revenues in the u. s. rose from million in 1860 to million in 1900. Rr industry was the first to recieve significant federal aid: 131 mil acres of federal land in the 1860s-70s plus mil in loans and tax incentives. Rr industry was the largest in the usa 1850s-1940s. Farmer organizations) were calling for governmental regulation of railroad companies. Several midwestern states passed rr regulatory laws in the mid-1870s known as. Granger laws, restricting railroads from charging too much for transporting goods. Munn v. illinois (1877): the supreme court upheld the granger laws. Wabash v. illinois (1886): supreme court reversed itself and declared that the only federal gov"t could regulate interstate commerce; therefore, granger laws were struck down .
