ipl-logo

Impact Of The Interstate Commerce Act Of 1887

1236 Words5 Pages

The Interstate Commerce Act of 1887 was a federal law that aimed to regulate the railroads, which were a major mode of transportation at the time. The primary purpose of the ICA was to address issues of discrimination and unjust rates by railroads, as well as to promote competition and ensure fair treatment of shippers and consumers. The act established the Interstate Commerce Commission (ICC) which was given the power to regulate the railroads, enforce the act's provisions, and investigate complaints.The main purpose of the ICA was to address widespread complaints about discriminatory and monopolistic practices by the railroads owners, such as charging higher prices for shorter hauls, charging different rates for the same goods, and giving …show more content…

This played a crucial role in driving economic growth and modernization during the Gilded age, which made the United States a global economic power. However, it also created significant social and economic inequality, many business leaders amassed great wealth and power to the point they pretty much had control over the government, while working conditions for laborers remained poor and wages remained low without any care as to their workers condition. Therefore despite their positive impact on the American economy, business leaders' also had negative consequences for society, as they led to the concentration of wealth and power in the hands of a few individuals and perpetuated poor working conditions and low wages for the majority of Americans. Overall, while the actions of business leaders during the Gilded Age played a crucial role in driving economic growth and modernization, they also contributed to significant social and economic inequality in …show more content…

For example, Thomas Edison used a machine that made tasks faster, and these tasks used to take weeks but now because of the invention it only took a few days(doc 2). The writer of this excerpt was Thomas Edison and he was a major Business leader of his time. He was also a lead inventor who created items to make life easier like the light bulb but he also invented some other machinery to make life more efficient.The document also shows how these business leaders were advancing the nation. Even though people portrayed Business leaders as selfish people. (doc7) says otherwise because it shows a graph of how much John D. Rockefeller donated to different organizations like Yale,Rockefeller Foundation,etc.. he did not make any money from these organizations, this shows that some of these businessmen actively tried to better the community and economy by giving back. The purpose of this document is to show how big of an impact Business leaders could have had if they decide to use their wealth to help the community because now we can still see these organizations prospering like Yale

Show More
Related
523 Words | 3 Pages

This prompted Congress to become involved through the creation of the Interstate Commerce Commission, or ICC, which regulated railroad corporations and ensured lawful freight rates. However, until the early 1900s, the ICC was too weak to make any substantial difference in the Supreme Court on the issue of railroad corruption. In 1906, President

Read More
799 Words | 4 Pages

The commerce clause can be used here, because congress was regulating agricultural trade to other nations. This was also allowed under the necessary and proper clause, because Congress could say that because of overproduction, and the fall of the stock market. A law was necessary to regulate the overproduction, and provide protection to american farmers. The bill, after being introduced to congress, had many revisions as many special interest groups demanded protection. What was introduced

Read More
421 Words | 2 Pages

Although big business during the Gilded Age improved the economy and the availability of goods for the American people, it did not improve politics due to the corruptness of politicians, requiring citizens to push reforms to restore democracy. Big businesses relieved economic stress of the American people during the Gilded

Read More
451 Words | 2 Pages

Congress passed the Interstate Commerce act in 1887. In which there were a five people who were an enforcement to the board known as the Interstate Commerce Commission. The reason it was created because of the large response in public demand to regulate railroads. The original purpose of the Interstate Commerce Commission was to regulate railroads and then later regulate trucking. They regulated train rates, buses, and telephones.

Read More
94 Words | 1 Pages

1) The Interstate Commerce Act was passed in 1887 and made the railroads the first industry subject to Federal regulation. The law was passed due to public demand that the railroads be regulated. The law also created the Interstate Commerce Commission (ICC), which was an enforcement board used to regulate the railroads. Some provisions of this act was to stimulate competition and others were to penalize it. The law was not very effective, the most successful provision was the requirement that railroads submit annual reports to the ICC and the ban on special rates.

Read More
350 Words | 2 Pages

Corporate greedy and corrupt politicians were specific problems and injustices that were present in American life during the late 1800s and early 1900s however these were addressed during the progressive era with laws and regulations. Throughout the gilded era corrupt politicians and corporate greedy allowed the upper class and businessmen to take advantage of the working class. This means that a majority of the population were hurt during the gilded age whereas a small percentage benefitted. As seen in document 1, living conditions were crowded, dirty, and unsafe.

Read More
219 Words | 1 Pages

The Interstate Commerce Act (ICA) took place on February 4, 1887, when the Senate and House of Representatives granted Congress the power to regulate interstate railroads. This act included all transactions across several states. The Railroad Industry began taking advantage of the public by overcharging farmers, small business owners, and city to city passengers. The Interstate Commerce Act of 1887 originally regulated shipping rates on the Railroad system, but later improved delivery of all kinds such as air travel, trucking, and shipping. The Railroad Industry’s unfair practices targeted the public with underhanded prices.

Read More
489 Words | 2 Pages

Imagine working sixteen hours a day in an unsanitary, dangerous, place for a big business gaining two dollars. This is what laboring-class Americans had to go through during the Gilded age. Politically, the first largest American labor union was formed during the Gilded age and many other organizations formed as well as violent strikes. Socially, different ethnics joined together to share their thoughts and realize the evils of big business and of the federal government. Mentally, most we 're losing their personal life while some were financially stable and glad.

Read More
355 Words | 2 Pages

The Gilded Age was an age of rapid economic growth. Railroads, factories, and mines were slowly popping up across the country, creating a variety of new opportunities for entrepreneurs and laborers alike. These new inventions and opportunities created “...an unprecedented accumulation of wealth” (GML, 601). But the transition of America from a small farming based nation to a powerful industrial one created a huge rift between social classes. Most people were either filthy rich or dirt poor, with workers being the latter.

Read More
671 Words | 3 Pages

The Interstate Commerce Commission 's jurisdiction gradually expanded beyond railroads to all common carriers except airplanes by nineteen forties. The ICC was also given the task of reinforcing railroad systems and administering labor disputes in interstate transport. The Interstate Commerce Commission  imposed United State’s Supreme Court rulings that required the desegregation of passenger terminal facilities in the nineteen-fifties and

Read More
1706 Words | 7 Pages

Signed into Law in 1890, the Sherman Antitrust Act has become increasingly sparse when used in the courts today. However, it is still a very important act that keeps in check something very important - monopolies and price control. The Sherman Act, named after John Sherman who was an expert in the regulation of both trade and commerce, as well as a politician from Ohio (Sherman Antitrust Act - Overview and History, Sections, Impact), was broken up into many different sections; three of which are key to understanding this antitrust act. Section one outlaws every contract combination, or conspiracy in restraint of trade. In short, anything that can be proven to restrain trade, whether by fixing prices, limiting the amount of goods made, or even

Read More
1049 Words | 5 Pages

Carnegie’s sympathetic attitude towards the poor made him a hero in the eyes of many, and thus “before his death, he gave away more than $300 million most notably to public libraries” (Roark 524). Carnegie firmly believed that the condition of the poor can be improved if those in power helped them financially. Carnegie's this belief challenges the idea of social darwinism which states, “ societal progress came about as a result of relentless competition in which the strong survived and the weak died out” (Roark, 530). Although Carnegie had experienced poverty early in his life, he was still able to overcome poverty and become one of the wealthiest persons in the United States. He knew that in the long run, for the “survival of the fittest”, the weak do not necessarily have to fail if others decide to help them.

Read More
684 Words | 3 Pages

The Commerce clause refers to Article 1, Section 8, Clause 3 of the United States Constitution, which gives Congress the power “to regulate commerce with foregin nations, and among the several states, and with the Indian tribes”. This clause is one of the most fundamental powers delegated to congress by the founders. It has helped to seprate the powers between the federal governemtn and the states, along with the branches of governemtn and Judiciary. In simpler terms the commerce clause was to help regulate commerce among navigable waters.

Read More
62 Words | 1 Pages

While we are on Article One, Section Eight, we should mention the commerce clause. The Commerce Clause allows congress to regulate buying or selling with foreign nations. One of Congress’s strongest power is the Commerce Clause. With the Supreme Courts help, Congress was able to ban Child Labor, and regulate working hours, which has a huge impact on businesses and the economy.

Read More
1295 Words | 6 Pages

The Commerce Clause The issue is whether the proposed legislation is permissible under the Commerce Clause and the 10th Amendment. Congress’s authority to enact legislation derives from Article I §8 (3) which grants Congress the power to regulate commerce among States. This authority was expanded by Gibbon v. Ogden (1924) which gave Congress the right to regulate commerce in situations where a least two states are involved. The Court further extended Congress’s power in Wickard v. Filburn (1942) by holding that Congress has the right to regulate any activity that will have a substantial aggregate impact on interstate commerce.

Read More

More about Impact Of The Interstate Commerce Act Of 1887

Related Topics

Open Document