Gilded Age

The Gilded Age in United States history is an era that occurred during the late 19th century, from the 1870s to about 1900. The term for this period came into use in the 1920s and 1930s and was derived from writer Mark Twain's and Charles Dudley Warner's 1873 novel The Gilded Age: A Tale of Today, which satirized an era of serious social problems masked by a thin gold gilding. The early half of the Gilded Age roughly coincided with the middle portion of the Victorian era in Britain and the Belle Époque in France. Its beginning, in the years after the American Civil War, overlaps the Reconstruction Era (which ended in 1877). It was followed in the 1890s by the Progressive Era. The Gilded Age in United States history is an era that occurred during the late 19th century, from the 1870s to about 1900. The term for this period came into use in the 1920s and 1930s and was derived from writer Mark Twain's and Charles Dudley Warner's 1873 novel The Gilded Age: A Tale of Today, which satirized an era of serious social problems masked by a thin gold gilding. The early half of the Gilded Age roughly coincided with the middle portion of the Victorian era in Britain and the Belle Époque in France. Its beginning, in the years after the American Civil War, overlaps the Reconstruction Era (which ended in 1877). It was followed in the 1890s by the Progressive Era. The Gilded Age was an era of rapid economic growth, especially in the North and West. As American wages grew much higher than those in Europe, especially for skilled workers, the period saw an influx of millions of European immigrants. The rapid expansion of industrialization led to a real wage growth of 60%, between 1860 and 1890, and spread across the ever-increasing labor force. The average annual wage per industrial worker (including men, women, and children) rose from $380 in 1880, to $564 in 1890, a gain of 48%. However, the Gilded Age was also an era of abject poverty and inequality, as millions of immigrants—many from impoverished regions—poured into the United States, and the high concentration of wealth became more visible and contentious. Railroads were the major growth industry, with the factory system, mining, and finance increasing in importance. Immigration from Europe, and the eastern states, led to the rapid growth of the West, based on farming, ranching, and mining. Labor unions became increasingly important in the rapidly growing industrial cities. Two major nationwide depressions—the Panic of 1873 and the Panic of 1893—interrupted growth and caused social and political upheavals. The South, after the Civil War, remained economically devastated; its economy became increasingly tied to commodities, cotton, and tobacco production, which suffered from low prices. With the end of the Reconstruction era in 1877, African-American people in the South were stripped of political power and voting rights, and were left economically disadvantaged. The political landscape was notable in that despite some corruption, turnout was very high and national elections saw two evenly matched parties. The dominant issues were cultural (especially regarding prohibition, education, and ethnic or racial groups) and economic (tariffs and money supply). With the rapid growth of cities, political machines increasingly took control of urban politics. In business, powerful nationwide trusts formed in some industries. Unions crusaded for the 8-hour working day, and the abolition of child labor; middle class reformers demanded civil service reform, prohibition of liquor and beer, and women's suffrage. Local governments across the North and West built public schools chiefly at the elementary level; public high schools started to emerge. The numerous religious denominations were growing in membership and wealth, with Catholicism becoming the largest. They all expanded their missionary activity to the world arena. Catholics, Lutherans, and Episcopalians set up religious schools and the larger of those set up numerous colleges, hospitals, and charities. Many of the problems faced by society, especially the poor, gave rise to attempted reforms in the subsequent Progressive Era. The term 'Gilded Age' for the period of economic boom after the American Civil War up to the turn of the century was applied to the era by historians in the 1920s, who took the term from one of Mark Twain's lesser known novels, The Gilded Age: A Tale of Today (1873). The book (co-written with Charles Dudley Warner) satirized the promised 'golden age' after the Civil War, portrayed as an era of serious social problems masked by a thin gold gilding of economic expansion. In the 1920s and 30s 'Gilded Age' became a designated period in American history. The term was adopted by literary and cultural critics as well as historians, including Van Wyck Brooks, Lewis Mumford, Charles Austin Beard, Mary Ritter Beard, Vernon Louis Parrington and Matthew Josephson. For them, 'Gilded Age' was a pejorative term used to describe a time of materialistic excesses combined with extreme poverty. The early half of the Gilded Age roughly coincided with the middle portion of the Victorian era in Britain and the Belle Époque in France. With respect to eras of American history, historical views vary as to when the Gilded Age began, ranging from starting right after the American Civil War (ended, 1865), or 1873, or as the Reconstruction Era ended in 1877. The point noted as the end of the Gilded Age also varies. It is generally given as the beginning of the Progressive Era in the 1890s (sometimes the United States presidential election of 1896) but also falls in a range that includes the Spanish–American War in 1898, Theodore Roosevelt's accession to the presidency in 1901, and even the U.S. entry into World War I (1917). The Gilded Age was a period of economic growth as the United States jumped to the lead in industrialization ahead of Britain. The nation was rapidly expanding its economy into new areas, especially heavy industry like factories, railroads, and coal mining. In 1869, the First Transcontinental Railroad opened up the far-west mining and ranching regions. Travel from New York to San Francisco now took six days instead of six months. Railroad track mileage tripled between 1860 and 1880, and then doubled again by 1920. The new track linked formerly isolated areas with larger markets and allowed for the rise of commercial farming, ranching, and mining, creating a truly national marketplace. American steel production rose to surpass the combined totals of Britain, Germany, and France. Investors in London and Paris poured money into the railroads through the American financial market centered in Wall Street. By 1900, the process of economic concentration had extended into most branches of industry—a few large corporations, called 'trusts', dominated in steel, oil, sugar, meat, and farm machinery. Through vertical integration these trusts were able to control each aspect of the production of a specific good, ensuring that the profits made on the finished product were maximized and prices minimized, and by controlling access to the raw materials, prevented other companies from being able to compete in the marketplace. Several monopolies --most famously Standard Oil--came to dominate their markets by keeping prices low when competitors appeared; they grew at a rate four times faster than that of the competitive sectors. Increased mechanization of industry is a major mark of the Gilded Age's search for cheaper ways to create more product. Frederick Winslow Taylor observed that worker efficiency in steel could be improved through the use of very close observations with a stop watch to eliminate wasted effort. Mechanization made some factories an assemblage of unskilled laborers performing simple and repetitive tasks under the direction of skilled foremen and engineers. Machine shops grew rapidly, and they comprised highly skilled workers and engineers. Both the number of unskilled and skilled workers increased, as their wage rates grew.