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What wrongdoing were railroads guilty of?

What wrongdoing were railroads guilty of? Stock watering (which enabled railroad stock promoters to inflate their claims about a given line’s assets and profitability and sell stocks and bonds in excess of the railroad’s actual value) as well as other corruption such as bribery.Click to see full answer. In this way, how was the AFL different from previous unions?Gompers realized a successful union wouldn’t succeed if it became a political organization so he concentrated on the main issues: better wages, better working conditions, collective bargaining agreements, shorter hours, and safety issues. what were the benefits of the large trusts? Among the chief advantages of trusts, they let you: Put conditions on how and when your assets are distributed after you die; Reduce estate and gift taxes; Distribute assets to heirs efficiently without the cost, delay and publicity of probate court. Herein, what developments made railroads a more profitable business? Railroads created a huge domestic market for raw materials and manufactured goods and spurred industrialization and urbanization; stimulated mining and agriculture; took farmers to land and goods to people; started cities, created more millionaires, drove creation of time zones.How did the US government help railroad builders Why?The government helped the construction of the first transcontinental railroad because it was so costly and risky that it required the government to help. The government helped by granting the railroad builders land on which they were to build the railroads.

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