Lesson Plans: Grades 6-8

The Industrial Age in America: Robber Barons and Captains of Industry

Tools

The Lesson

Introduction

Industrial Revolution

Early 20th century construction, New York

Credit: Image Courtesy ofAmerican Memory

This, then, is held to be the duty of the man of wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance; … and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer… to produce the most beneficial results for the community—the man of wealth thus becoming the mere trustee and agent for his poorer brethren, bringing to their service his superior wisdom, experience and ability to administer, doing for them better than they would or could do for themselves."
—From "Wealth," by Andrew Carnegie, North American Review (1889)

"Law? Who cares about the law. Hain't I got the power?"
—Comment alleged to have been made by Cornelius Vanderbilt, when warned that he might be violating the law

Though a century has passed since the heyday of the great industrialists and financiers, debate continues: were these men captains of industry, without whom this country could not have taken its place as a great industrial power, or were they robber barons, limiting healthy competition and robbing from the poor to benefit the rich? Where do we draw the line between unfair business practices and competition that leads to innovation, investment, and improvement in the standard of living for everyone? Would the industrial economy have succeeded without entrepreneurs willing to take competition to its extremes?

It has been argued that we are now in a comparable economic period, the formative years of the Information Age. Certainly we continue to struggle with similar kinds of questions about fair and unfair business practices and the benefits and costs of competition. Does the industrialization of America at the end of the nineteenth and beginning of the twentieth century hold any lessons for us today? Can market forces exert sufficient influence to rein in potentially harmful practices or does government have to intervene?

Note: This lesson may be taught either as a stand-alone lesson or as a complement to another EDSITEment lesson The Industrial Age in America: Sweatshops, Steel Mills, and Factories.

Guiding Questions

  • What various practices of industrialists/financiers led to their being labeled "robber barons"? "Captains of industry"?
  • In what ways did such industrialists/financiers harm and/or benefit the U.S. economy and the quality of life of its citizens?

Learning Objectives

After completing the lessons in this unit, students will be able to

  • State definitions of the terms "robber baron" and "captain of industry"
  • List some of the actions, both positive and negative, of one or more captains of industry/robber barons
  • Take a stand as to whether a particular financier/industrialist is or is not a robber baron and support that stand with evidence

Preparation Instructions

  • Review the lesson plan. Locate and bookmark suggested materials and other useful websites. Download and print out selected documents and duplicate copies as necessary for student viewing.
  • Download the worksheet, Robber Barons or Captains of Industry?, available here as a PDF. Print out and make an appropriate number of copies of any handouts you plan to use in class.
  • For concise background information on the industrialists/financiers of the early Industrial Age in the United States, consult the following resources:
  • In this lesson, you and your students will attempt to establish a distinction between robber barons and captains of industry. Students will uncover some of the less honorable deeds as well as the shrewd business moves and highly charitable acts of the great industrialists and financiers. It has been argued that only because such people were able to amass great amounts of capital could our country become the world's greatest industrial power. Some of the actions of these men, which could only happen in a period of economic laissez faire, resulted in poor conditions for workers, but in the end, may also have enabled our present day standard of living.

Lesson Activities

Activity 1. Meet Some Real Robber Barons

If necessary, review with your class the historical context in which the early industrialists thrived. Use your class text or other classroom resources, or refer to either or both of the following interactive timelines available on the EDSITEment-reviewed website Learner.org:

Introduce your students to some individuals for whom the label "robber baron" is universally regarded as appropriate. Jim Fisk and Jay Gould clearly earned the title because they did not contribute to building something such as a railroad system. Instead, they destroyed such systems through clearly illegal actions and disregard for anyone else. Their actions hurt the economy of the United States. Read their story with—or to—the class from The Robber Barons, available on the PBS website, a link from the EDSITEment resource Internet Public Library. Now read with—or to—the class from The Panic of 1873, also on PBS. Ask students to explain why Jay Cooke deserves the title "robber baron."

Such behavior as Fisk's, Gould's, and Cooke's clearly fits the criteria for a robber baron. Tell the class that the label cannot always be applied with such assurance. What if an action is illegal but leads to a positive end? What if a legal action ends with many workers or consumers suffering?

Part of the students' job in Activity 2, below, will be to evaluate situations that are similarly ambiguous in the life histories of famous industrialists.

Activity 2. Robber Barons or Captains of Industry?

Divide the class into four student groups (or eight, if you'd like each industrialist/financier to be researched by two groups). Assign one of the individuals below to each group. Distribute to the groups the chart "Robber Baron or Captain of Industry?" on page 1 of the PDF. Using the following resources and/or any other approved sources available in your classroom or online, each group should fill in the chart for their assigned individual.

  • Cornelius Vanderbilt

    I have been insane on the subject of moneymaking all my life.
    —Cornelius Vanderbilt

    You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you.
    —Cornelius Vanderbilt
  • J. Pierpont Morgan
  • John D. Rockefeller When the groups are finished with their research, have each present its conclusions and supporting evidence to the class. Is each assigned figure a robber baron or captain of industry or something in-between? Which of the individuals' actions were those of a captain of industry? Of a robber baron?
  • Activity 3. Responding to the Workers

    Read with—or to—the class any or all of the following pieces, available on the EDSITEment resource History Matters, written by workingmen and published in newspapers or magazines during the heyday of the industrialists.

    How do students believe their assigned industrialist would respond to these pieces? Either in groups or individually, have students write a hypothetical letter to the editor in response.

    Extending The Lesson

    Selected EDSITEment Websites

    The Basics

    Time Required

    3-4 class periods

    Subject Areas
    • Literature and Language Arts > Genre > Biography
    • Literature and Language Arts > Genre > Essay
    • History and Social Studies > U.S. > The Development of the Industrial United States (1870-1900)
    Skills
    • Critical analysis
    • Critical thinking
    • Developing a hypothesis
    • Discussion
    • Essay writing
    • Gathering, classifying and interpreting written, oral and visual information
    • Historical analysis
    • Online research
    • Representing ideas and information orally, graphically and in writing
    • Using primary sources
    • Writing skills
    Authors
    • Karen Lambert (AL)

    Resources

    Activity Worksheets
    Media