Download PDF The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism By Susan Berfield
Read Online The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism By Susan Berfield
Read Online The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Read MOBI Sites No Sign Up - As we know, Read MOBI is a great way to spend leisure time. Almost every month, there are new Kindle being released and there are numerous brand new Kindle as well.
If you do not want to spend money to go to a Library and Read all the new Kindle, you need to use the help of best free Read MOBI Sites no sign up 2020.
Read The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Link PDF online is a convenient and frugal way to read The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Link you love right from the comfort of your own home. Yes, there sites where you can get PDF "for free" but the ones listed below are clean from viruses and completely legal to use.
The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism PDF By Click Button. The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism it’s easy to recommend a new book category such as Novel, journal, comic, magazin, ect. You see it and you just know that the designer is also an author and understands the challenges involved with having a good book. You can easy klick for detailing book and you can read it online, even you can download it
Ebook About A riveting narrative of Wall Street buccaneering, political intrigue, and two of American history's most colossal characters, struggling for mastery in an era of social upheaval and rampant inequality.It seemed like no force in the world could slow J. P. Morgan's drive to power. In the summer of 1901, the financier was assembling his next mega-deal: Northern Securities, an enterprise that would affirm his dominance in America's most important industry-the railroads.Then, a bullet from an anarchist's gun put an end to the business-friendly presidency of William McKinley. A new chief executive bounded into office: Theodore Roosevelt. He was convinced that as big business got bigger, the government had to check the influence of the wealthiest or the country would inch ever closer to collapse. By March 1902, battle lines were drawn: the government sued Northern Securities for antitrust violations. But as the case ramped up, the coal miners' union went on strike and the anthracite pits that fueled Morgan's trains and heated the homes of Roosevelt's citizens went silent. With millions of dollars on the line, winter bearing down, and revolution in the air, it was a crisis that neither man alone could solve.Richly detailed and propulsively told, The Hour of Fate is the gripping story of a banker and a president thrown together in the crucible of national emergency even as they fought in court. The outcome of the strike and the case would change the course of our history. Today, as the country again asks whether saving democracy means taming capital, the lessons of Roosevelt and Morgan's time are more urgent than ever.Book The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Review :
I was disappointed. The first 1/3 consists of fairly generic biographical sketches of JPM & TR. For a professional writer like the author, that’s pretty plain vanilla. Not a lot of new insights. For example, both JPM & TR lost their first wives shortly after marrying them. The author records both deaths in separate chapters but doesn’t note the parallel. Just plows ahead. As a longtime history reader, my teeth were grinding the third or fourth time I read about a lavish party, and finally I just said f it and flipped ahead.The rest of the book consists of relating two different events, an early antitrust battle that pits the 2 against each other and the 1902 coal strike where they mostly work together to bring about an end that benefits the workers, although to JPM, it’s not because he’s pro-labor but because the labor unrest is just inefficient.It’s hard to make those two narratives cohere into anything larger, because JPM & TR are the only 2 common characters. And the issues being resolved in each dispute were different at any but the most abstract level. I just didn’t feel the author did a particularly good job of making the combination add up to more than the sum of its parts. To be honest, the book frequently felt like it had been padded with extraneous anecdotes because the core narrative was only about 125 pages.Also, although I thought the narrative of the coal strike was decently done, save the gratuitous references to Mother Jones who played absolutely no role in the events being narrated, the underlying research really disappointed me. It mostly consists of New York newspaper articles, when the northeastern Pennsylvania region had numerous thriving newspapers many of which can be easily accessed online at newspapers dot com. It seemed either lazy or clueless to not work in any of them as source material. Other books about the strike, which I've reviewed here, have played up a local Catholic priest's role in advocating for the workers. Unmentioned here.Last, in the Epilogue, the author goes off about modern economic inequality, which obviously motivated her in writing this particular book. (Now one recognizes why she focused on lavish parties in the first third of the book (facepalm)). I would have liked a more disciplined historical perspective especially regarding the railroad merger. Looking back, one would have to acknowledge that Morgan was right and the trustbusters wrong about the railroads needing to be rationalized through less competition. They failed throughout the 20th century, due to among other factors competition from alternate means of transport such as autos / trucks and aviation, both of which were just emerging in the years this book covers. And even with the trusts busted, farms failed in large numbers. So too the coal mines played out within 40 years.This book is not a failure or an offense. It’s just not a book that adds a lot of value. This book is about the epic battle between Teddy Roosevelt (1858-1919) and J.P. Morgan (1837-1913) for control of the American economy at the beginning of the 20th century. Their perspectives were quite opposed. Morgan thought he and other men of property should run things; TR felt that the government had to be in control. So in effect, TR was initiating the idea so prevalent today that the public interest had to be represented by the government when there were strikes, manipulations of competition, and railroads to be controlled.To understand the fight, the reader is introduced to the issues by several chapters of biographic material on the two protagonists. The first battle area was railroads, and the author does a solid job in explaining the impact the railroads had as they spread over the nation. Morgan was involved in this development since he organized financial support for the roads and advised them. Small groups of railroad investors made the key decisions and agreed with Morgan that competition between them was a bad idea since it reduced prices. Morgan also believed in ever expanding consolidation, such as when he formed U.S. Steel out of several smaller companies. Most basically, Morgan was opposed to any government intervention in his business activities, and that he should run things like coal strikes and the weakening of competition. By contrast, TR (an accidental president) was in favor of transparency, extensive regulation and the supremacy of the federal government.The two were bound to come into conflict and they did over Morgan's creation of the Northern Securities holding company controlling three railroads which TR concluded was designed to strangle competition. Ultimately, the government filed a substantial antitrust action under the 1890 Sherman Antitrust Act to break up the holding company. Unfortunately for the government, the Supreme Court had not been supportive of the Act and there was concern as to how it would decide. The author does a nice job of explaining all this without getting too deep into legal issues. As it turns out, the Court (with a dissent from Oliver Wendell Holmes, Jr.) sustained the government. And this sparked a number of antitrust actions under TR and his successor William Howard Taft. Ever since the government always has a seat at the table especially in important strikes such as John Kennedy and the steel industry, as well s extensive regulatory oversight. But this important role for the government began with TR.The author has done a fine job of research, as reflected in 67 pages of notes. She also has attached an outstanding 22 page selected bibliography with important sources. Best of all, she writes in a most pleasant fashion and has inserted throughout some helpful illustrations. This is an important book about a very significant development in American government, and well worth reading. Read Online The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Download The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism PDF The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Mobi Free Reading The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Download Free Pdf The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism PDF Online The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Mobi Online The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Reading Online The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism Read Online Susan Berfield Download Susan Berfield Susan Berfield PDF Susan Berfield Mobi Free Reading Susan Berfield Download Free Pdf Susan Berfield PDF Online Susan Berfield Mobi Online Susan Berfield Reading Online Susan BerfieldDownload Mobi Billy Bathgate: A Novel (Random House Reader's Circle) By E.L. Doctorow
Download Mobi Exam Ref AZ-203 Developing Solutions for Microsoft Azure By Muñoz Santiago Fernández
Download PDF Big Bad Cowboy Bear (Widowed Omega Mates Book 4) By Maia Starr
Read Ry's Git Tutorial By Ryan Hodson
Download Mobi A Smarter Way to Learn HTML & CSS: Learn it faster. Remember it longer. By Mark Myers
Read The Southern Side of Paradise (The Peachtree Bluff Series Book 3) By Kristy Woodson Harvey
Read Human Compatible: Artificial Intelligence and the Problem of Control By Stuart Russell
Comments
Post a Comment