26 August, 2019 Monday
Bedtime Story
United States Relative to the Empires in Gilded Age
The citizens of the Russian Empire and the
Imperial Japan did not even come anywhere close to the figures of per capita
income relative to Americans as the period of Gilded Era progressed.
This time period coincided with the
mid-Victorian Era of British Empire and the Belle Epoque (French for “Beautiful
Epoch) of the French Third Republic.
It was a period when the European Empires
were at their peak of economic prosperity, scientific and technological
innovations and overall optimism.
While Europe, particularly Britain and
London, continued to remain the financial centers of the world the question
that all knowledgeable people around the world were asking was this:
“What is the secret of American
success?”
You can imagine the Colonial Masters and
its subjects must have been left wondering with the miracle and the rate at
which their former colony was churning out entrepreneurs and millionaires who
had created so much money that they had to write treatises on how to disburse
their wealth wisely.
This was the actual time that gave rise to
America’s most affluent industrialists and financiers that included the likes
of:
John Davison Rockefeller Senior - founder
of the standard Oil Company
Jay Gould - railroad developer and
speculator
Henry Clay Frick – founder of the H.C.
Frick + Company that manufactured coke and along with it was known to be a
ruthless union buster
Andrew Mellon – a banker, businessman,
industrialist and a politician
Andrew Carnegie – industrialist who founded
the Carnegie Steel Company
Henry Flagler – industrialist who founded
the Standard Oil and is also the father of Miami and Palm Beach, Florida
Henry H. Rogers – industrialist and
financier
John Pierpont Morgan or J. P. Morgan – financier
and banker who ruled the Wall Street throughout the Gilded Age and founded the
J. P. Morgan & Company
Leland Stanford – tycoon, industrialist,
politician who founded the Stanford University
Meyer Guggenheim – a tycoon who made his
wealth through investments in mining and smelting
Jacob Schiff – a banker and businessman who
as a German Jew immigrant took up all the serious causes of anti-Semitism
Charles Crocker – founder of the Central
Pacific Railroad
Cornelius Vanderbilt – business magnate who
made his wealth in railroads and shipping and was nicknamed as “The Commodore”
These names are some of the very prominent
ones that even you might be aware of.
Stay tuned to the voice of an
average story storytelling chimpanzee or login at http://panarrans.blogspot.com
Good night Mon Ami and my fellow cousin ape.
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Another great educator and a teacher that I am aware of is
Professor Subhashish Chattopadhyay in Bangalore, India.
While I narrate stories, Professor Subhashish an electronic
engineer and a former professor at BARC, does and teaches real mathematics and
physics.
He started the participation of Indian students at the
International Physics Olympiad.
Do visit him here:
All his books can be downloaded for free through this link:
For edutainment and English education of your children, I
recommend this large collection of Halloween Songs for Kids:
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