Transylvania Company

Examples of Transylvania Company in the following topics:

• The Wilderness Road

  • Daniel Boone created the route in 1775, when he created a trail for the Transylvania Company from Fort Chiswell in Virginia through the Cumberland Gap into central Kentucky.
  • However in 1774, Richard Henderson, a judge from North Carolina, organized a land speculation corporation called the Transylvania Company, which intended to purchase land from the Cherokees on the Kentucky side of the Appalachian Mountains to open the area for settlement.
  • Although the Transylvania Company had purchased the region from the Cherokee, other tribes, such as the Shawnee, still claimed it and viewed white settlers as invaders.

• The Louisiana Purchase

  • Because the Appalachian Mountains formed a natural barrier and made passage to the West nearly impossible, Daniel Boone established the Wilderness Road in 1775, when he created a trail for the Transylvania Company from Virginia through central Kentucky.

• Unitarianism and Universalism

  • Unitarianism began in Poland and Transylvania in the late sixteenth century and had reached England by the mid-seventeenth century.

• Mill Towns and Company Towns

  • One of the first company towns in the United States was Pullman, Chicago, developed in the 1880s just outside the Chicago city limits.
  • The town, entirely company-owned, provided housing, markets, a library, churches, and entertainment for the 6,000 company employees and an equal number of dependents.
  • Another famous company town was McDonald, Ohio, which was created by the Carnegie Steel Company to house and serve the needs of its employees in the Youngstown, Ohio area.
  • At their peak there were more than 2,500 company towns, housing 3% of the US population.
  • Mill towns, sometimes planned, built, and owned as a company town, grew in the shadow of the industries.

• The Calm Before the Storm

  • As Europeans developed a taste for tea in the 17th century, rival companies were formed to import the product from China.
  • In England, Parliament gave the East India Company a monopoly on the importation of tea in 1698.
  • The East India Company did not export tea to the colonies; by law, the company was required to sell its tea wholesale at auctions in England.
  • Until 1767, the East India Company paid a tax of about 25% on tea that it imported into Great Britain.
  • The company continued to import tea into Great Britain, however, amassing a huge surplus of product that no one would buy.

• Rockefeller and the Oil Industry

  • In 1870, he founded the Standard Oil Company and aggressively ran it until he officially retired in 1897.
  • While other companies' refineries piled mountains of heavy waste, Rockefeller found ways to sell it.
  • For example, Standard created the first synthetic competitor for beeswax and bought the company that invented and produced Vaseline, the Chesebrough Manufacturing Company, which was a Standard company only from 1908 until 1911.
  • The company grew by increasing sales and also through acquisitions.
  • It ordered Standard to break up into 34 independent companies with different boards of directors, the biggest two of the companies were Exxon and Mobil.

• J.P. Morgan and the Financial Industry

  • After financing the creation of the Federal Steel Company he merged in 1901 with the Carnegie Steel Company and several other steel and iron businesses, including Consolidated Steel and Wire Company, to form the United States Steel Corporation.
  • He moved to New York City in 1858, where he worked at the banking house of Duncan, Sherman & Company, the American representatives of George Peabody & Company.
  • By 1864–1872, he was a member of the firm of Dabney, Morgan, and Company.
  • Morgan & Company" in 1895, and retained close ties with Drexel & Company of Philadelphia, Morgan, Harjes & Company of Paris, and J.S.
  • Morgan & Company (after 1910 Morgan, Grenfell & Company), of London.

• The Banana Wars

  • Honduras, where the United Fruit Company and Standard Fruit Company dominated the country's key banana export sector and associated land holdings and railways, saw the insertion of American troops in 1903, 1907, 1911, 1912, 1919, 1924, and 1925.
  • The first company that concluded an agreement with the Honduras government was the Vaccaro Brothers Company (Standard Fruit Company).
  • The Cuyamel Fruit Company then followed that lead.
  • The United Fruit Company also agreed to a contract with the government, which was attained through its subsidies (the Tela Rail Road Company and Truxillo Rail Road Company).
  • The most popular avenue was to obtain a grab on a piece of land in exchange for the completion of railroads in Honduras; this explains why a railroad company conducted the agreement between the United Fruit Company and Honduras.

• The Great Steel Strike

  • The chairman refused to meet, and Wilson—on his tour to drum up support for the League of Nations—was unable to influence the company.
  • The September strike shut down half the steel industry as the steel companies had seriously misjudged the strength of worker discontent.
  • The steel companies played on nativist fears by noting that a large number of steelworkers were immigrants.
  • Steel companies also turned toward strikebreaking and rumor-mongering to demoralize the picketers.
  • Company officials played on the racism of many white steelworkers, and company spies also spread rumors that the strike had collapsed elsewhere.

• Carnegie and the Steel Industry

  • Andrew Carnegie built Pittsburgh's Carnegie Steel Company and became the second-richest man in the country.
  • Later on he became a bill logger for the owner of the company.
  • Eventually he progressed up the ranks of a telegraph company.
  • He built Pittsburgh's Carnegie Steel Company, which was later merged with Elbert H.
  • Gary's Federal Steel Company and several smaller companies to create U.S.