1. DR. FOOTE’S PROPHESY BOOK I 1865-1900

2. AMERICAN INFRASTRUCTURE TRANSPORTATION FIRM AGRICULTURAL BASE NATIVE TECHNOLOGY LABOR CAPITAL

3. RAILROADS 1865-1890 35,000- 200,000 MILES

4. AGRICULTURE MORRILL ACT OF 1862 HATCH ACT OF 1887 30,000 ACRES/SEN. & CON. COLLEGES MUST BE COED $15,000/YR. FOR AGRICULTURAL EXPERIMENTAL STATION

5. AGRICULTURAL WORKERS

6. COLLEGES

7. NATIVE TECHNOLOGY LAND GRANT COLLEGES WILLIAM KELLY-EDDYVILLE, KEN. HENRY BESSEMER-ENGLAND 1ST STEEL PLANT-1864 10,000 TONS 1900-13 MILLION TONS

8. STEEL INDUSTRY IRON ORE 1887- LEONIDOS MERRITT MESABI RANGE

9. 1ST MILLIONAIRES ANDREW CARNEGIE JOHN D. ROCKEFELLER

10. ANDREW CARNEGIE BORN IN SCOTLAND-1835 MOVED TO PENNSYLVANIA-1848 WORKED HIS WAY UP & SAVED AGE 30-GOES FULL-TIME INTO STEEL

11. REASON FOR CARNEGIE’S SUCCESS KEEP COSTS DOWN CHOSE CAPABLE SUBORDINATES WILLIAM JONES 8-HOUR DAY

12. VERTICAL INTEGRATION

13. CARNEGIE 1900 $480 MILLION UNTAXED

14. JOHN D. ROCKEFELLER BORN IN NY-1839 MOVED TO CLEVELAND-1855 BECAME PRODUCE MERCHANT 1863-INVESTED $4000 IN OIL REFINING

15. STANDARD OIL 1870 HORIZONTAL INTEGRATION CARTEL KEPT COSTS DOWN CONSOLIDATION 1866-1890-50% DROP 1881-40 REFINERIES-90% HORIZONTAL TO VERTICAL

16. ROCKEFELLER JUST AFTER TURN OF CENTURY $1 BILLION

17. GUSTAVUS SWIFT MEATPACKING 1877-1ST REFRIGERATED BOXCAR 1878-SWIFT & COMPANY $300,000 1903-$25 MILLION

20. LABOR 1860-1900 885,000-3.2 MILLION 1860-1:4, 11+ 1900-1:9 AGRICULTURE MANUFACTURING

21. CAPITAL “GO PUBLIC” USE PROFITS MERGER 1899-1200-$2.3 BIL. OLIGOPOLY MONOPOLY AMERICAN SUGAR REFINING COM.

22. RESULTS WOOLWORTHES-1879 MONTGOMERY WARDS-1872 SEARS & ROEBUCK-1886 NEIMAN MARCUS A&P GROCERS

28. THOMAS EDISON LIGHT BULB PHONOGRAPH MICROPHONE 1866-1ST PATENT

29. ELECTRIC INDUSTRY EDISON THOMSON-HOUSTON WESTINGHOUSE 1892 EDISON + THOMSON-HOUSTON = GENERAL ELECTRIC = $35 MILLION JOHN PIERPONT MORGAN

30. LIFE INSURANCE TONTINE 1900 EQUITABLE NEW YORK LIFE MUTUAL LIFE $1 BILLION