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BSBM312
The story began with Vanderbilts, He began his career in inland water trading sailing
barges across New York Harbor but his vision did not stop at the shore, he envisioned an
expansion to his business inalnds that would connect the railway systems with
streamships. However, the Commodore's first ride on the train wasn't smooth. While
traveling the speeds of 25 miles per hour,his trained derailed throwing him down a 35
foot embankedment resulting in three broken ribs. Several passengers was also killed but
even those deaths did not deter theCommodore., In fact, he went full steam ahead with
his plan and expanded his empire to growing railroad industry.By the time of his passing,
the Commodore was the largest owner of the railroads in the world. The Vanderbilt's
wealth expanded as fast as the US railroad could creating a nationwide monopoly of the
service. Then the story of Rockefeller went place, The origins of history's greatest oil
monopoly. It all starts at 1839 with the birth of John Rockefeller in upstate New York. He
was the eldest son of a travelling merchant, who identified himself as a botanic physician
but in reality was selling the 19th century equivalent of homeopathic medicine. He would
spend weeks away from home and in fact would have several children with another
woman, who he decided to bring back home to his wife so they could all live together. In
this very confusing household , John would grow up learning how to hustle people for the
best deal possible and how to make use of ever penny that he got. His family would
rarely stay in one place for a long, and john would live this nomadic lifestyle ever since
he was three years old. To help his mother, John would earn any money he could by
raising turkeys or doing work for neighbors. His intellignece was put to good use when
the family moved to Cleveland, Ohio in 1854, Where he got the chance to attend a proper
school. But less than a year later, John dropped out in order to work as a bookkeeper at a
local produce broker. But after two years of working there his bosses refused to give him
a meaningful raise, so he decided to one-up them by starting his own produce brokerage.
Thanks to his good reputation he got a loan of $4000 which at the time was huge sum.
The deals was succesful but not as succesful as what the next event to happen. Just a
hundred miles east of Cleveland , The first American oil well had been discovered and
this is when the two major character of the series has began. Vanderbilts called
Rockefeller to make a deal to supply oil inorder for them to ship it through his cargo. All
went well until Rockefeller betrayed him by looking for another way of shipping his
goods around North America then later made Rockefeller the most succesful person on
the land. but Vanderbilts did not like this chain of events so he made a deal with the
owner of the shipment that Rockefeller had made a deal with that it would cancel all their
shipment of the product. But Rockefeller had a better idea to make the shipment more
reliable. He started to build a pipeline that would transfer the oil much faster than the
trains. After all this success has been made a new competitor has arrived and that is how
the episode 1 of the men who built america has ended.
"Reflection Paper"
After watching the first episode, My first reaction was "Wow, what a battle" It was never
actually about the money. It was for supremacy, the battle for who will become the most
powerful. and how it happen was amazing, considering that they made it from scratch at
some most. It was never a smooth progress as well. Both Rocketeller and Vanderbilt had
some up's and downs considering they we're both the reason why this happen was
amazing. It was like a duel of both great minds. Back then the resource was unlimited
since they we're the one producing it but also they were the only one to recognize this and
took advantage of it that made them such a legend at this point of time. Their story is
truely an inspiration specially for us students to aim for this because it has taught us not
to be satisfied with just having the money, but to be on top. It was never indicated that
this would be easy as for them having troubles over the years, but hey they never gave up
and stand back up whenever they fall. It was truely an economic masterpiece. That only a
few would appreciate.