Perhaps it's time for Historians to revisit the "Industrial Revolution".
Who profited?
Consider this graphic "Anthracite Combination" and the relationship Banks had with Railroads through their Directorships.
Who profited?
Consider this graphic "Anthracite Combination" and the relationship Banks had with Railroads through their Directorships.
For more information about the railroads and banks visit:
The Dictionary of American History; Railroads, The ERI (Executive Intelligence Review), and scan for "Director" in The History of The First National Bank of Scranton.
If this is a topic that interests you, search www.archive.org.