Chapter

The Age of the Trusts (1880–1910)

Charles R. Geisst

in Wall Street

Published in print September 1999 | ISBN: 9780195130867
Published online November 2003 | e-ISBN: 9780199871155 | DOI: http://dx.doi.org/10.1093/0195130863.003.0005
 The Age of the Trusts (1880–1910)

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The development of trusts and the popularity of trusts as investments. Introduction of the Sherman Act, the consolidation of industry, merger creating U.S. Steel, Andrew Carnegie & Morgan, Panic of 1894, Panic of 1903, Panic of 1907, Morgan's role in averting panic, and the development of the money trust among New York banks. Dow Jones average begun.

Keywords: Andrew Carnegie; Dow Jones; financial panics; gold crisis; holding company; Knickerbocker Trust; money trust; Sherman Act; trusts; U.S. Steel

Chapter.  11759 words. 

Subjects: Economic History

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